The most amazing thing about this whole situation is that there were experts in the field who were shouting out about the impossibility of Holmes' claims right from the beginning.

The media, though, never paid enough attention (or was possibly subverted by Theranos itself) to the naysayers.

These incidents ought to remind us the exponentially important role media plays in our lives and how important it is that we come up with a framework to penalize misleading journalism, while at the same time, preserving the independence of media.

Maybe that is the next social challenge for entrepreneurs in the coming decade.