“Silicon Valley is a whole lot cleaner currently than when I started out, through the 1990s dot-com bubble,” mentioned Reed Kathrein, a San Francisco attorney who efficiently sued Ms. Holmes and Theranos in 2016 on behalf of investors. “Everyone is throwing dollars at these get started-ups. Everyone thinks they are likely to earn the lottery. It’s easier to be trustworthy.”
Reforms prompted by the collapse of WorldCom, a lengthy-distance phone business, and Enron, an strength company, in the early 2000s have also had an influence.
“Some of the adjustments in rules, like the Sarbanes-Oxley Act, place the screws on the