Article 1: http://www.vanityfair.com/news/2016/09/elizabeth-holmes-theranos-exclusive (Links to an external site.)
Article 2: https://www.forbes.com/sites/roomykhan/2017/02/17/theranos-9-billion-evaporatedstanford-expert-whose-questions-ignited-the-unicorn-trouble/#22c44b3f6be8
After reading these articles answer the following questions
How did the lack of scientific results to support Theranos’ technology undermine the business? Please provide specific details or events from the article to support your answer.
In which ways did Elizabeth Holmes show disdain for the scientific method and the scientific community? Which, if any, ethical principles of science did she violate? Please provide specific details or examples from the article to support your answer.
Is there a way for investors in science and technology to avoid the pitfalls of companies like Theranos? What could be done to avoid this situation in the future for investment companies or individual investors?
Is this a situation where government funding, which requires oversight of operations, may have resulted in a safer business model? Why or why not?
Sample Solution