In addition to catastrophic losses for private investors (Theranos was never a publicly traded company), Holmes’s start-up caused medical harm to patients who relied on their inaccurate blood tests. Many believe that her failures as a CEO have contributed to a stigma and distrust of femaleentre...
lawyers for theranos founder elizabeth holmes and company president ramesh "sunny" balwani on tuesday urged a federal appeals court to overturn their convictions for defrauding investors in the failed blood testing startup, which was once valued at $9 billion. amy saharia, holmes' ...
Theranos founder Elizabeth Holmes is reportedly seeking Silicon Valley investors for a new companyAvery Hartmans
In 2010, Holmes emailed Eisenman offering to buy him out of the company after he repeatedly asked for updates on the business. "We don’t do quarterly calls with our other investors, many of whom invested much greater amounts than you did," Holmes wrote to Eisenman in a 2010 email. "We...
Trial of Theranos founder Elizabeth Holmes is officially underway Sometimes an investment is too good to be true. As Elizabeth Holmes, founder and former CEO of Theranos, goes on trial over allegations of defrauding investors and patients, her health-care start-up may be a prime example. ...
Elizabeth Holmes向世界许诺了一场医学革命。19岁时,她声称自己发明了一种微型机器,只需一滴血就能快速、可靠和廉价地测出一个人的健康状况。她吹嘘说,她的技术意味着像癌症这样的严重疾病将在发生之前得到预防。而且,这不仅让病人为之惊叹 ,知名投资者也趋之若鹜向Holmes的公司Theranos投入大量资金,她成为硅谷第一...
It was something she admitted under oath but had kept from investors. Her brother Christian Holmes V said in his deposition, obtained by "Nightline," that the couple's relationship ended right around the time Balwani left the company in May 2016. As the alleged misrepresentations...
Back in January, Holmes was found guilty on four of 11 charges of defrauding the company’s investors and patients by being dishonest about the accuracy of the technology they were using. Holmes faced up to 20 years in prison, along with a fine of $250,000 plus restitution for each char...
Elizabeth Holmes remains CEO of Theranos. She would not comment for our story but last month she wrote to investors asking them to put in even more, or the company would soon run out of cash. A federal criminal investigation is ongoing. ...
Why? For claiming that her company Theranos could run medical tests using a single drop of blood, that’s why. Holmes is currently living in a luxury apartment with her hot boyfriend and waiting to find out if she’s going to prison, but her court date is coming up fast, so it...