Theranos debacle a warning to bullish culture of Silicon Valley

Start-ups under pressure to deliver the next wonder technology can tread a fine line.

Silicon Valley has been trying to run a mile from the mess that is Theranos. But the debacle at the blood-testing start-up - which the US Securities and Exchange Commission said this week was a "massive fraud" - will not be as easy to shrug off as the powers-that-be in the tech world would like.

It also holds a particular warning at a time when tech start-ups are extending their reach into industries from healthcare to finance and transportation.

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A version of this article appeared in the print edition of The Straits Times on March 17, 2018, with the headline 'Theranos debacle a warning to bullish culture of Silicon Valley'. Print Edition | Subscribe