Elizabeth Holmes, Sam Bankman-Fried Silicon Valley

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Silicon Valley is the hotbed of startups, where everyone wants to “change the world” and, while they’re at it, become billionaires. Nick Goldberg, an executive coaching specialist, says that “the fluid nature of tech startups, coupled with the inexperience of young entrepreneurs, increases the risk of making bad decisions.” In Silicon Valley there are no rules or best practices, it’s the Wild West and, as long as the money keeps rolling in, no one asks questions.

Until two of the most celebrated billionaires of this jiangsu mobile number database paradigm lost their entire fortune and now face years in jail. Let the questions begin.

Elizabeth Holmes: the false revolutionary
Elizabeth Holmes is 19 years old and a sophomore at Stanford University when she famously -or should I say infamously?- decides to drop out to start her own company, Theranos. Still a teenager, she convinces her parents to invest her college fund into her dream: creating a device that can detect hundreds of diseases with just a drop of blood. So far it all sounds very noble and admirable, right? But things get ugly when Holmes fails to get her device to work properly and, in order to keep her investors, starts falsifying results and manipulating data.

Somehow, the young woman manages to get some of the most powerful men in America to invest millions of dollars in a product that never works. But Holmes didn’t just play with the fortunes of old white men: her product failures meant that millions of people received false or grossly inaccurate results about their health, such as a false positive for HIV or a false diagnosis of cancer.