Only in Silicon Valley could Elizabeth Holmes lose $4.5 billion she never had to begin with
“Society has become accustomed to using a single number to describe personal wealth and start-up valuation. But net worth is actually a terrible metric of wealth—it serves primarily to mislead the public and create media headlines. By perpetuating to the myth making that so often surrounds start-up founders, this type of economic hyperbole contributes to the ever-ballooning Silicon Valley bubble.”
Net worth is actually a terrible metric of wealth—it serves primarily to mislead the public and create sensational media headlines.
via Facebook http://ift.tt/1YsjLPA
through IFTTT
