Some situations are easier to rationalize when you are an outsider. I think many people were sceptical of Theranos. Maybe Elizabeth Holmes was charismatic enough to overcome scepsis in most people. It is baffling that she managed to become a billionaire with this tactic. I'm wondering, however, what her long-term plan was (she probably didn't have one, since everything seemed to work out well).
Besides, I found this piece on Wikipedia funny: > In 2015, Forbes named Holmes as the youngest and wealthiest self-made female billionaire in America due to a $9 billion valuation of Theranos.[5] By the next year, following revelations of potential fraud, Forbes revised her net worth to zero dollars,[6] and Fortune named Holmes one of the "World's Most Disappointing Leaders".
Oops, we were off by 9 billion dollars, how disappointing.