Elizabeth Holmes Fraud Verdict

Facts

• Theranos CEO Elizabeth Holmes has been found guilty of conspiracy to defraud.¹
• Whistleblowers alerted the WSJ that Theranos' blood-testing technology didn't work.¹

Sources: ¹Federalist.

Narratives

• Right narrative, as provided by FOX News. Holmes' fraud was enabled by the era of advocacy journalism; prioritizing a progressive narrative over objective research built her image and made her product credible.
• Left narrative, as provided by Verge. Silicon Valley is dominated by a toxic entrepreneurial culture where investors have no incentive to expose fraud.