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Markkula Center for Applied Ethics

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Big Time Investor Says he Believed Theranos, and Paid a big Price

Ann Skeet, senior director, leadership ethics quoted by NBC Bay Area.

Ann Skeet, senior director, leadership ethics at The Markkula Center, spoke with NBC Bay Area’s Scott Budman for a news segment on Theranos and ethics in investing expressing she believes Holmes crossed a line.

"The sort of 'hype it, pretend it' has more of an upside than it potentially does," se said. "Saying you have $200 million from department of defense contracts when you don't it's flat out fraud. Very different than saying 'here's a potential to our product or an upside we think we can achieve at some point."

Ann Skeet, senior director, leadership ethics quoted by NBC Bay Area.

 

 

Ethics
media,leadership