Motley Fool Money

Out for Blood in Silicon Valley

Mar 15, 2019
Alex Gibney, an Academy Award-winning director known for his investigative documentaries, dives deep into the rise and fall of Theranos and Elizabeth Holmes. He reveals the psychological aspects behind deception in tech, highlighting how compelling narratives can mislead investors. Gibney contrasts Holmes' tactics with infamous figures like Bernie Madoff, shedding light on the urgent need for diligence in Silicon Valley investments. The conversation also touches on the implications of trust in business and the lessons learned from high-profile frauds.
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ANECDOTE

Boeing 737 MAX Grounding

  • Two deadly crashes involving Boeing's 737 MAX 8 led to its grounding worldwide.
  • This caused a 10% drop in Boeing's shares and raises long-term questions about the company's future.
INSIGHT

Facebook Leadership Drain

  • Facebook's Chief Product Officer and VP of WhatsApp resigned, raising concerns about the company's pivot to private messaging.
  • This leadership drain adds to Facebook's existing brand and trust issues.
INSIGHT

Oracle's Declining Revenue

  • Oracle's revenue declined for the second consecutive quarter, raising investor concerns.
  • However, the stock has performed well historically, and its cloud revenue is growing by double digits.
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