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Wednesday, September 07, 2016

Reading about Theranos and Holmes

Just read the Nick Bilton piece on Theranos:

http://www.vanityfair.com/news/2016/09/elizabeth-holmes-theranos-exclusive

And went back and read the pre-scandal New Yorker piece by Ken Auletta:

http://www.newyorker.com/magazine/2014/12/15/blood-simpler

Endlessly fascinating. The inside story of how the fraud was maintained, which sounds elaborately designed so that almost no one could get a full picture from the inside, must be incredible.

It's also so tragic... in some ways I blame our winner takes all culture, and the silicon valley cult that ridicules slowness and patiently developing expertise, for making it probably seem, to Holmes and others, like the only imaginable paths were success at any cost and absolute failure.

Also, I thought Ken Auletta did well considering he was being conned, but whatever happened to his own test results? That should have been an easy thing to report, but he never mentions them.

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