Elizabeth Holmes learned all the wrong lessons from Silicon Valley – theday.com

Theranos founder Elizabeth Holmes seemed to embody the profile of an entrepreneur favored by venture capitalists.

She dropped out of Stanford University, worked constantly, ignored detractors, emulated Steve Jobs, and wanted to change the world with her blood-test innovations. She also brought tech start-up growth tactics — such as “fake it till you make it” — to the world of patient health, adding pharmaceutical company logos to PowerPoint presentations implying endorsements that had not been approved.

But fellow Silicon Valley entrepreneurs and backers say she represented only the worst of start-up culture.

Theranos has become an instructive “anti-pattern” — a popular term among technologists — of what not to do, said Bryan Cantrill, co-founder and chief technology officer of Oxide Computer Company, a Bay Area tech firm building a new type of server.

The conviction of Holmes this past Monday of four counts of wire fraud and conspiracy for misleading investors about Theranos’s…

Read Full Story: https://www.theday.com/business/20220109/elizabeth-holmes-learned-all-wrong-lessons-from-silicon-valley

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