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Theranos’s Fate Rests With a Founder Who Answers Only to Herself


Theranos, a blood-testing lab started and led by Ms. [Elizabeth] Holmes that promised to revolutionize the industry, is now under criminal investigation and faces increasing skepticism about whether its core technology works. Several federal agencies are looking into the company’s operations. Ms. Holmes herself may have to answer to federal regulators about what she told investors.

Theranos's Fate Rests With a Founder Who Answers Only to Herself - NYTimes.com

http://mobile.nytimes.com/2016/04/25/business/theranoss-fate-rests-with-afounder-who-answers-only-to-herself.html

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This is a head scratcher to me.

She is clearly charismatic and has tremendous vision.

Why wouldn't she work WITH the FDA instead of making them an enemy?

The common, 'man on the street' answer is that she's trying to hide what's she's done.

Why would she do something that needs hiding when instead she found gave done something great?

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