Theranos case | Accounting homework help

 Articles to Read/Video to Watch

  1. 1. (Video) The Inventor: Out for Blood in Silicon Valley – Official Trailer (HBO, 2019)
  2. 2. Elizabeth Holmes surrounded Theranos with powerful people (CNN, 2018) 
  3. 3. (Video) Theranos, Whistleblowing and speaking Truth to Power | Erika Cheung (Ted Talk) – Watch until 13:00 min. (Ted Talk, 2020)
  4. 4. Theranos Whistleblower Shook the Company—and His Family (WSJ, July 2020)
  5. 5. (Video) Dice Experiment (Dan Ariely)

Theranos’ star was shining bright going into 2015. The blood-testing startup had racked up a $9 billion valuation with its big vision to test for a number of conditions using a small sample of blood, and its CEO Elizabeth Holmes was featured on the covers of business magazines and lists of top executives. But then questions started being raised about how the company’s technology worked.” – Business Insider.

Watch and Read about how this ‘bright young thing’, Stanford-dropout, Steve Jobs-admirer, was able to establish this start-up company, recruiting all kinds of powerful people to be either her investors and/or board members, and then everything fell apart. There are so many different things to discuss, but we will focus on three topics below.  

Initial/Original Post

Please respond to questions below:

  1. It was discussed in the CNN article and also briefly mentioned in Erika Cheung’s Ted Talk that all kinds of powerful men agreed to invest in the company or be on the board of directors. Some of them defended Holmes vehemently for a very long time even after the suspicion had arisen. Think about what made them so loyal. Why are we (people in general) attracted to fraudsters? 
  2. Erika Cheung’s Ted Talk and the WSJ article on another whistleblower, Tyler Shultz, give us a glimpse of what goes through a whistleblower’s mind. Their stories show us that job security and the concern of retaliation from the company are not the only things that can stop potential whistleblowers from acting. Based on what you read and watch, discuss what factors (which I did not discuss here) can affect individuals’ decision to become a whistleblower. You can also think of other factors that have not been presented in the video/article.
  3. The video ‘Dice Experiment’ is a snippet of that HBO documentary, ‘The Inventor’, for which you watched the trailer. While the psychology described by Dan Ariely, a renowned behavioral economist, cannot explain Holmes’s action entirely, the result of the experiment is very interesting. Can you think of any other example of people who committed wrongdoings motivated by the reasons Ariely discusses in the video?
Calculate your order
Pages (275 words)
Standard price: $0.00
Client Reviews
4.9
Sitejabber
4.6
Trustpilot
4.8
Our Guarantees
100% Confidentiality
Information about customers is confidential and never disclosed to third parties.
Original Writing
We complete all papers from scratch. You can get a plagiarism report.
Timely Delivery
No missed deadlines – 97% of assignments are completed in time.
Money Back
If you're confident that a writer didn't follow your order details, ask for a refund.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00
Power up Your Academic Success with the
Team of Professionals. We’ve Got Your Back.
Power up Your Study Success with Experts We’ve Got Your Back.