Elizabeth Holmes is the latest in a long line of Silicon Valley entrepreneurs who've hyped and overpromised — sometimes to the point of outright lying. It's that culture, as much as Holmes herself, that's on trial. [more inside]
A note Elizabeth Holmes wrote to herself one night in late October 2014 suggests she knew she was committing fraud. [more inside]
Elizabeth Holmes is likely to allege at trial that former Theranos President Sunny Balwani was an abusive boyfriend who held her in his thrall and deprived her of her free will. But text messages between the former lovers don't back up that narrative.
Elizabeth Holmes, founder of Theranos, is headed to trial for allegedly defrauding investors and patients by misrepresenting the capabilities and accuracy of her blood-testing technology. Winning the jury's sympathy is her best option to get acquitted. There are several ways she can do that. [more inside]
In 2014, Theranos founder and CEO Elizabeth Holmes was widely seen as the female Steve Jobs: a brilliant Stanford dropout whose startup “unicorn” promised to revolutionize the medical industry with a machine that would make blood testing significantly faster and easier. Backed by investors such as Larry Ellison and Tim Draper, Theranos sold shares in a fundraising round that valued the company at more than $9 billion, putting Holmes’s worth at an estimated $4.7 billion. There was just one problem: The technology didn’t work. [more inside]
The story of Theranos, a multi-billion dollar tech company, its founder Elizabeth Holmes, the youngest self-made female billionaire, and the massive fraud that collapsed the company. Directed and written by Alex Gibney (Going Clear: Scientology and the Prison of Belief, Enron: The Smartest Guys in the Room).