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.