Former Theranos CEO, Elizabeth Holmes, 37 has been found guilty of four counts of wires fraud on 3 Jan 2022, DM reported. after a jury in San Jose found that she deceived investors into investing over $945 million into her faulty blood testing machines. Holmes, "who modelled herself" on Bill Gates and Steve Jobs received praise from organizations such as Harvard University and Time magazine - for a false technology which she claimed would revolutionize blood-testing methods by using miraculously tiny volumes of blood, such as from a finger prick.
In honor of Hulu's new series The Dropout, here's everything you need to know about Elizabeth Holmes and her multimillion-dollar scam, Theranos. After dropping out of Stanford in 2003, Elizabeth Holmes became a big name in the medical world. She set out on a venture to create a company that would produce medical innovations.
10. Ryan Graves, 31 years old The co-founder of Uber, Travis Kalanick was seeking someone to work as a product manager at his company over Twitter and it was Ryan Graves that was finally chosen for the project. The car service business was completely revolutionized by him and made Uber billions over the years.
https://ewn.co.za/2022/01/04/theranos-founder-elizabeth-holmes-guilty-in-fraud-trial?utm_source=dlvr.it&utm_medium=twitter Fallen US biotech star Elizabeth Holmes was sentenced on Monday for duping financial backers in her blood-testing startup Theranos, in a high-profile case considered to be an incrimination of Silicon Valley culture. Holmes is an uncommon illustration of a tech executive being brought to book over an organization blazing out, in an area covered with the corpses of cash losing organizations that once guaranteed untold wealth.