Theranos is just one example of how poor governance can lead to disaster – including the prison sentences of its founder-entrepreneur and her partner. While this is an exceptional case of governance failure, it is regrettably not an exception. American tech entrepreneurs are characteristically negative about the virtues of governance. The ouster of Steve Jobs from Apple in 1985 after a power struggle with the board and CEO, and Elon Musk's antics at Twitter are just two examples that attest to this.

https://knowledge.insead.edu/entrepreneurship/what-all-tech-start-ups-need-succeed

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