In Silicon Valley, nothing gets hearts pounding more than a young, messianic startup founder with a technology so profound that it will change the world. It can even cause seemingly intelligent investors to totally abandon the most basic due diligence requirements – to be sucked into the mythology surrounding the founder. Sometimes, this works spectacularly (hello, Facebook), but as the implosions of blood diagnostic company Theranos and sustainable food company Hampton Creek illustrate, billions can evaporate overnight. Both articles are also phenomenal examples of old-school investigative journalism – two fantastic reads.
Click here to read about Theranos
Click here to read about Hampton Creek