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Despite Theranos and Other Disasters, Startup Founders Have More Power Than Ever

Despite Theranos and Other Disasters, Startup Founders Have More Power Than Ever
Copyright  David Odisho/Getty Images
By Dow Jones & Company

The verdict in the criminal trial of Elizabeth Holmes completes a chapter in the tangled tale of Theranos. Meanwhile, the power that founders wield over startups—for better or worse—is only growing.

A jury found Ms. Holmes guilty on four counts of fraud and conspiracy against investors in Theranos, the once-hot blood-testing company she founded and led into disaster.

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