Summary of The Ugly, Unethical Underside of Silicon Valley

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The Ugly, Unethical Underside of Silicon Valley summary
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More and more examples of fraudulent activity among Silicon Valley start-up founders are raising the question of whether the problem is systemic in the aggressive make-it-or-break-it start-up community. Entrepreneurial start-up culture encourages rule bending – but rampant rule breaking may threaten its future. getAbstract recommends this article to investors, entrepreneurs, and anyone with an interest in Silicon Valley and start-up culture.

In this summary, you will learn

  • Why recent claims of fraud in Silicon Valley are drawing attention to the start-up community,
  • Why the pressure to grow fast and compete aggressively leads to increasingly exaggerated growth claims, and
  • What effect the rising number of scandals may have on the future of Silicon Valley’s start-up scene.
 

About the Author

Erin Griffith is a senior writer at Fortune and contributor to the Los Angeles Times. She covers technology, start-ups and venture capital.

 

Summary

When The Wall Street Journal first brought to light irregularities at blood-testing start-up Theranos, some investors were outraged by the “slam piece.” Meanwhile though, with accounts of massaged figures and other scandals mounting, start-ups are distancing themselves from Theranos and other...

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