Wednesday, September 22, 2021

What Happened to Leaning In?


The ambition and focus that propel you to success
can also be your downfall. 

— Judy Smith

Schadenfreude is unhealthy, but I nonetheless relish watching the once high and mighty humbled.

This month's fallen angel is Elizabeth Holmes, wunderkind and Steve Jobs wannabe.

Once the the world's youngest female self-made billionaire, Holmes now stands trial for defrauding investors of $400 million and faces 20 years in prison if convicted.

In 2013—the same year she reached the top of the world by selling her company's fake blood tests to millions of unsuspecting consumers—Holmes' Silicon Valley neighbor Sheryl Sandberg popularized the phrase leaning in.

Facing a prison cell, it appears Holmes is no longer leaning in, but weaseling out.

While the Northern California DA alleges she committed fraud, Holmes is trying to walk between raindrops, claiming she was only following Silicon Valley's "playbook," and that an "emotionally abusive" boyfriend led her into temptation (he will also go on trial for fraud next year).

Hogwash.

Hey, Liz, now that you've been caught with your hand in the till, how about leaning into the truth a little?

Why dodge your actions and blame others—and why blame a boyfriend?

An op-ed in The New York Times insists Holmes is the innocent victim of the "male-dominated world of tech start-ups" and the "boys’ club that is the tech industry." No man would be put on trial for swindling investors.

More hogwash.

If you want to lean in, lean in. There's no in betweenin'.

UPDATE, NOVEMBER 30, 2021: Holmes testified yesterday that her boyfriend drove her to commit her crimes.

UPDATE, JANUARY 3, 2022: Holmes was found guilty of fraud. "The Svengali Defense didn’t work," said journalist John Carreyou.
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