Theranos CEO Elizabeth Holmes Charged with Criminal Fraud – Above all, Envy No Man or Woman

In Business by Ms. UduakLeave a Comment

I have had the privilege to access some of the most influential, powerful, and wealthiest people in the world. However, one of the things I quickly came to realize, in my early 20s when I began accessing these individuals, was the importance of not envying any man or woman, regardless of power, influence, and status. It is indeed quite rare that I am easily impressed by 99.9% of the people I meet. What impresses me most is what they stand for, their characters.

While I hold a very skeptical view of the charges levied against the once celebrated Silicon Valley CEO Elizabeth Holmes (I believe she is innocent until proven guilty and it is in my nature as a former criminal defense lawyer to think so), I can’t help but underscore an important message.

For every entrepreneur reading this, on your entrepreneur journey, envy no man or woman. This message holds true whether you are in a tech or non-tech industry.

Specific to technology, I find, most of the time, investors are clueless as to what they are investing in, and similarly the technology creatives they invest in may be brilliant but sorely lack the business acumen to successfully build and scale their technological ventures. Often, and at the end of the day, many investors get burnt. It is a common tale in Silicon Valley, but often stays confined within the tech industry walls, until a case like Holmes’ emerges.

It’s an unfortunate circumstance for Holmes, and before you are quick to condemn her, understand that if you are in the tech space and seek funding for your next start-up idea, this can easily be you, regardless of your past glory/achievements.

My 50 cents for all it’s worth.

-Ms. Uduak



Photo Credit: Gilbert Carrasquillo / Getty Images

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Ms. Uduak is a speaker, journalist, author & publisher of Ladybrille® Magazine. She is also an Attorney and Partner at Ebitu Law Group, P.C, where her practice focuses on Fashion Law, Business Law, Entertainment Law & Litigation. She can be reached at www.msuduak.com or at (uduak@ladybrille.com).

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