Theranos ceo elizabeth holmes
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The rise and fall of Elizabeth Holmes, the former Theranos CEO found guilty of wire fraud and conspiracy, who awaits sentencing in mere days after being denied all three of her motions for a new trial
🔹Now, Holmes is due to be sentenced in a matter of days after a judge denied 3 motions she had filed requesting a new trial.
In 2014, blood-testing startup Theranos and its founder, Elizabeth Holmes, were on top of the world.
Back then, Theranos was a revolutionary idea thought up by a woman hailed as a genius who styled herself as a female Steve Jobs. Holmes was the world's youngest female self-made billionaire, and Theranos was one of Silicon Valley's unicorn startups, valued at an estimated $9 billion.
But then it all came crashing down.
The shortcomings and inaccuracies of Theranos's technology were exposed, along with the role Holmes played in covering it all up. Holmes was ousted as CEO and charged with "massive fraud," and the company was forced to close its labs and testing centers, ultimately shuttering operations altogether.
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