Holmes & Forbes: The Cost of Obsessing Over a Founder’s Wealth
https://medium.com/@fredsoda/holmes-forbes-the-cost-of-obsessing-over-a-founders-wealth-8e6bc10387dc
Forbes has recently claimed that Elizabeth Holmes’s, founder and CEO of Theranos, a healthcare startup, net worth is zero after her company has been the focus of criminal investigations by the SEC for misleading investors and board members, as well as recently voiding tests from its key proprietary technology, Edison. Several media outlets immediately jumped along the bandwagon of Forbes’s drastic reevaluation of Holmes’s net worth, parading along the narrative that she’s gone from hero to zero.
One tiny drop tried to change too much, apparently.