Enron -> wow, Ken Lay sucks.
Theranos -> wow, women founders suck.
The mischaracterization of women sucks, don't get me wrong.
But there are so many other things wrong going on here that this comment really confused me.
I think there's a huge difference between the two. Sure, Ms. Meyer floundered running a big (struggling) company, especially when so much was made about "Female CEO!" But really, her "failure" is pretty average when it comes to corporate executive misadventure; nothing she did makes her unworthy of being a role-model.
Ms. Holmes, on the other hand, may have overseen a massive fraud.
I'd go as far as to say that if Meyer at least manages to unwind Yahoo gracefully, she may move on to greater success in the future in a similar position.
That's how I look at it. I'm still a fan of Meyer due to the great work she did at Google. That's where she showed her talents. Yahoo was a terrible situation... aimed at the ground calling for "Ludicrous Speed!"... and she failed on an attempt to turn it into a winner. Maybe wasn't greedy enough for shareholders or something. They'll make less money than they wanted to. (shrugs)
Honestly, of the various failures, that's the kind that bothers me the least. People tried to do something good for all parties but screwed up. Least they tried and didn't just suck wealth out of the company while setting it up to fail. Like recent IBM CEO did and similarly left mess in hands of a woman who will take fall if she can't 180 it. Actually, I haven't even looked at that story in a while so I don't know if she's even still there haha.
Anyway, I'll judge Meyer on her next play as Yahoo is an outlier.
Just got her a boost in my mind. From another perspective, it might have been easy for her if she was a non-geek with the ability to drill through people's BS. They'd have a disadvantage against her that people at C-level or non-geek management might not have. That's another angle I thought about.
It'll be great to have another role model in tech for young women, but incidents like this do more harm than good…
https://en.wikipedia.org/wiki/Limor_Fried
She is a great tech role model that built a thriving maker business from scratch. She didn't have the connections to drop out of school so she finished her BS and MS at MIT.
There are plenty of phenomenal female role models out there. I had three women on my committee in grad school. One co-directing a major research center. One a successful entrepreneur and one a new upcoming research associate.
Anyone looking for strong female role models just needs to open their eyes.
There are some exceptions to this pattern though, like Jan Koum and Andy Grove. We desperately need more of them in today's tech environment.
If you're a highly driven and entrepreneurial individual, are you going to stick around for 4+ years of enforced pace higher education?
in fact I think that the current pending implosion of Theranos is making a good role model of her in a way she probably never intended or desired. she is a role model of what not to do: rely on insider connections to carry a fundamentally flawed (and possibly fraudulent) business plan.
a cautionary tale if ever there was one.
Wouldn't a better role model be any ethical person on the planet?
What a bizarre comment.
Yeah, if only she had succeeded rather than running a company which may have fraudulently deceived investors and is now under criminal investigation. So, she's pretty much the opposite of a "terrific role model", no? If this wasn't a SV darling, I'm quite sure this community would be calling for her head.