(Nhat V. Meyer/Bay Area News Group via Associated Press) [111][112] The couple lives in San Francisco. VideoAnger at Covid plans sparks riots in Rotterdam, Why Kyle Rittenhouse case so divides the US, Ros Atkins on… Rising tensions with Russia. Holmes and her legal team reacted by claiming the new indictment violates her rights because the grand jury that handled it was created during the pandemic and not selected at random from a fair cross-section of the community, and they requested access to the jury selection records. Elizabeth Holmes, founder and CEO of Theranos, left, leaves the Robert F. Peckham Federal Building in downtown San Jose on May 4, 2021. DISCLAIMER: This book is intended as a companion to, not a replacement for, Bad Blood: Secrets and Lies in a Silicon Valley Startup ZIP Reads is wholly responsible for this content and is not associated with the original author in any way. I have simply cropped these few minutes from that long video. Taking the stand Ms Holmes said her work at Theranos had made her believe in the company's technology. NATIONAL BESTSELLER • The gripping story of Elizabeth Holmes and Theranos—one of the biggest corporate frauds in history—a tale of ambition and hubris set amid the bold promises of Silicon Valley, rigorously reported by the prize ... The trial of Elizabeth Holmes, the once-lionized biotech founder whose fall from grace captured worldwide attention, is expected to finally commence Tuesday, more than three years after her blood-testing company Theranos was accused of massive fraud.. Holmes, 37, and her business partner Ramesh "Sunny" Balwani each face 10 counts of wire fraud and two counts of conspiracy to commit wire . With meticulous reporting and powerful storytelling, this is a riveting, true-life legal thriller that takes readers inside the US government’s pursuit of Cohen and his employees, and raises urgent questions about the power and wealth of ... [30][31], By December 2004, Holmes had raised $6 million to fund the firm. If found guilty she could face up 20 years in prison. [103], Before the March 2018 settlement, Holmes owned half of Theranos's stock. United States District Court for the Northern District of California, United States Attorney for the Northern District of California, science, technology, engineering, and mathematics, Horatio Alger Association of Distinguished Americans, "The Blood Unicorn Theranos Was Just a Fairy Tale", "Theranos's Fate Rests With a Founder Who Answers Only to Herself", "Forbes Announces Inaugural List Of America's 50 Richest Self-Made Women", "From $4.5 Billion To Nothing: Forbes Revises Estimated Net Worth Of Theranos Founder Elizabeth Holmes", "The World's 19 Most Disappointing Leaders", "SEC.gov | Theranos, CEO Holmes, and Former President Balwani Charged With Massive Fraud", "Elizabeth Holmes, founder of blood-testing company Theranos, indicted on wire fraud charges", "Theranos founder Elizabeth Holmes steps down as CEO", "Theranos founder Elizabeth Holmes 'lied and cheated', trial hears", "The rise and fall of Elizabeth Holmes, who started Theranos when she was 19 and became the world's youngest female billionaire but will now face a trial over 'massive fraud' in July 2020", "Exclusive: How Elizabeth Holmes's House of Cards Came Tumbling Down", "One Woman's Drive to Revolutionize Medical Testing", "Theranos Founder Faces a Test of Technology, and Reputation", "How Playing the Long Game Made Elizabeth Holmes a Billionaire", "21 Surprising Facts About Billionaire Entrepreneur Elizabeth Holmes", "She's America's youngest female billionaire – and a dropout", "This Woman Invented a Way to Run 30 Lab Tests on Only One Drop of Blood", "Five Visionary Tech Entrepreneurs Who Are Changing the World: Elizabeth Holmes", "Theranos' Elizabeth Holmes: Young entrepreneurs need "a mission, "Keep Track Of The Theranos Scandal With This Detailed Timeline", "Elizabeth Holmes Needed Fashion Advice. The attorney for Holmes argued the government was to blame for their failure to preserve critical evidence. In Bad Blood John Carreyrou tells the story of Theranos, and encourages us to consider the possible repercussions of our blind faith in a small group of brilliant individuals. A Stanford University drop-out, she had founded a company valued at $9bn (£6.5bn) for supposedly bringing about a revolution in diagnosing disease.
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