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My wife and I went for a run together last week, and, on our walk home, we started talking about Elizabeth Holmes. The new docudrama about her and Theranos, “Dropout”, just dropped on Showtime, so it was on the top of our minds.
“I think we should watch it (Dropout),” Blossom said to me. “What do you think?”
“Yeah, but what do you think we’ll learn? We’ve already read “Bad Blood”, and we’ve watched the documentary (“The Inventor”), so maybe we’ll learn something, but not much,” I said.
Blossom said, “Have you ever wondered how she thought she’d get away with it?”
Eventually, you’re gonna get found out if you commit fraud.
“You know, it still blows me away how often you see stuff like what Holmes was doing,” I said. “And, each and every time, the CEO thinks they’ll be able to hide it from the investors, or their customers, or their employees.
“And yet, each and every time, they get found out,” I said. “Look at what just happened with ‘Tom’. There’s no way he’s going to get away with it.”
Tom was a CEO I’d just stopped working with because I believed he was committing fraud. He needed a part time CFO to help him, so I recommended he work with Tina, who had been my…
