Emtrain Blog

3 Smart Ways to Safeguard Your Company from an Ethics Scandal

Posted by Allison Baker

May 3, 2016

A few years ago, Elizabeth Holmes’ company Theranos made headlines for its promise to disrupt biotechnology with innovative blood testing. Now, Theranos is making headlines for allegedly fooling investors, consumers, and the media that they had a viable product.

In addition to media scrutiny, Theranos and Holmes are currently under investigation by the SEC and DOJ. So, what happened here and how can we learn to build a company that doesn’t run into ethical and legal scrutiny after years of hard work?

Keep reading to find out how to build an ethical and compliant company from the start and avoid an ethics scandal.

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Topics: Compliance, Business Compliance, Code of Conduct, Ethics, Corporate Governance, onboarding, Silicon Valley

Why the SEC is Keeping an Eye on Silicon Valley Unicorns

Posted by Janine Yancey

April 28, 2016

In the late 1990s, there was massive investor confidence in companies with little or no earnings, no profits, short track records, and sometimes, no product. As a result, company valuations skyrocketed and a small percentage of people made millions.

Inevitably, the wind started to blow in the other direction and companies were directed to get cash flow positive quickly. That’s when fantasy company valuations plummeted and both employees and investors were left with little to show for their investment of time and money.

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Topics: Compliance, Business Compliance, Code of Conduct, Ethics, ethical workplace culture, Silicon Valley