使用Player FM应用程序离线!
Elizabeth Holmes Conviction – Is this a Golden Era of Fraud?
Manage episode 316798591 series 2851541
On Monday we saw the fraud conviction of Theranos founder Elizabeth Holmes. This conviction we are told in the press has split Silicon Valley. Supporters worry that the spirit of entrepreneurship has been put in ‘jeopardy’ while others say she overstepped boundaries.
Tim Draper, a venture capitalist and family friend of Holmes who provided early funding to Theranos, told the New York Times that the outcome made him “concerned that the spirit of entrepreneurship in America is in jeopardy”. He went on to say “I still believe in what she was trying to do, If this scrutiny happened to every entrepreneur as they tried to make this world a better place, we would have no automobile, no smartphone, no antibiotics and no automation, and our world would be less for it.”
We have more corporate fraud trials in the pipeline. Former Nikola CEO Trevor Milton is scheduled to go on trial for criminal fraud shortly. He has pled not guilty to lying to investors about the electric truck company’s technology. Nikola Motors went public through a SPAC merger under Milton’s leadership.
Peter Thiel Book - Zero To One: https://amzn.to/3F3KtGN
Patrick's Books:
Statistics For The Trading Floor: https://amzn.to/3eerLA0
Derivatives For The Trading Floor: https://amzn.to/3cjsyPF
Corporate Finance: https://amzn.to/3fn3rvC
Patreon Page: https://www.patreon.com/PatrickBoyleOnFinance
Visit our website: www.onfinance.org
Follow Patrick on Twitter Here: https://twitter.com/PatrickEBoyle
Patrick Boyle On Finance - YouTube Channel
195集单集
Manage episode 316798591 series 2851541
On Monday we saw the fraud conviction of Theranos founder Elizabeth Holmes. This conviction we are told in the press has split Silicon Valley. Supporters worry that the spirit of entrepreneurship has been put in ‘jeopardy’ while others say she overstepped boundaries.
Tim Draper, a venture capitalist and family friend of Holmes who provided early funding to Theranos, told the New York Times that the outcome made him “concerned that the spirit of entrepreneurship in America is in jeopardy”. He went on to say “I still believe in what she was trying to do, If this scrutiny happened to every entrepreneur as they tried to make this world a better place, we would have no automobile, no smartphone, no antibiotics and no automation, and our world would be less for it.”
We have more corporate fraud trials in the pipeline. Former Nikola CEO Trevor Milton is scheduled to go on trial for criminal fraud shortly. He has pled not guilty to lying to investors about the electric truck company’s technology. Nikola Motors went public through a SPAC merger under Milton’s leadership.
Peter Thiel Book - Zero To One: https://amzn.to/3F3KtGN
Patrick's Books:
Statistics For The Trading Floor: https://amzn.to/3eerLA0
Derivatives For The Trading Floor: https://amzn.to/3cjsyPF
Corporate Finance: https://amzn.to/3fn3rvC
Patreon Page: https://www.patreon.com/PatrickBoyleOnFinance
Visit our website: www.onfinance.org
Follow Patrick on Twitter Here: https://twitter.com/PatrickEBoyle
Patrick Boyle On Finance - YouTube Channel
195集单集
所有剧集
×欢迎使用Player FM
Player FM正在网上搜索高质量的播客,以便您现在享受。它是最好的播客应用程序,适用于安卓、iPhone和网络。注册以跨设备同步订阅。