Silicon Valley wants you to know Theranos isn't Silicon Valley - NewsBreak

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By Vikash in Business
Updated 3 years ago

Six years ago, the media heralded Elizabeth Holmes as the next Steve Jobs or Bill Gates. Now, the former CEO of the shuttered blood-testing startup Theranos is on trial for 12 counts of fraud and conspiracy to commit wire fraud. But the collapse of the company and the indictment of its controversial founder haven't caused much soul-searching in Silicon Valley. At the same time, it's unclear if Washington has made the necessary changes to ensure that a company like Theranos doesn't market defective tests to the public again.

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