She seems most likely to be remembered as Silicon Valley’s Icarus.
Former Theranos CEO Elizabeth Holmes arrives at court with her father, Christian Holmes IV and partner, Billy Evans, in San Jose, Calif., on Oct. 17, 2022. | AP Photo/Jeff ChiuSAN JOSE, Calif. — As Elizabeth Holmes prepares to report to prison next week, the criminal case that laid bare the blood-testing scam at the heart of her Theranos startup is entering its final phase.
Her motives are still somewhat mysterious, and some supporters say federal prosecutors targeted her unfairly in their zeal to bring down one of the most prominent practitioners of fake-it-til-you-make-it — the tech sector’s brand of self-promotion that sometimes veers into exaggeration and blatant lies to raise money.
Her many detractors contend she deserves to be in prison for peddling a technology that she repeatedly boasted would quickly scan for hundreds of diseases and other health problems with a few drops of blood taken with a finger prick. The theory that Holmes was running an elaborate scam was buttressed by trial evidence documenting her efforts to prevent the Journal’s investigation from being published. That campaign compelled John Carreyrou — the reporter responsible for those bombshell stories — to attend court and position himself in Holmes’ line of vision when she took the witness stand.
According to those supporters, Holmes was singled out because she was a woman who briefly eclipsed the men who customarily bask in Silicon Valley’s spotlight, and the trial turned her into a latter-day version of Hester Prynne — the protagonist in the 1850 novel “The Scarlet Letter.”
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As Elizabeth Holmes heads to prison for fraud, questions remain about her motivesAs Elizabeth Holmes prepares to report to prison next week, the criminal case that laid bare the blood-testing scam at the heart of her Theranos startup is entering its final phase
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As Elizabeth Holmes heads to prison for fraud, questions remain about her motivesAs Elizabeth Holmes prepares to report to prison next week, the criminal case that laid bare the blood-testing scam at the heart of her Theranos startup is entering its final phase.
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As Elizabeth Holmes heads to prison for fraud, many puzzle over her motivesAs Elizabeth Holmes prepares to report to prison next week, the criminal case that laid bare the blood-testing scam at the heart of her Theranos startup is entering its final phase. The 11-year sentence represents a comeuppance for the wide-eyed woman who broke through “tech bro” culture to become one of Silicon Valley’s most celebrated entrepreneurs, only to be exposed as a fraud. Along the way, Holmes became a symbol of the shameless hyperbole that often saturates startup culture. But questions still linger about her true intentions — so many that even the federal judge who presided over her trial seemed mystified. And Holmes’ defenders continue to ask whether the punishment fits the crime.
Read more »
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motivesAs Elizabeth Holmes prepares to report to prison next week, the criminal case that laid bare the blood-testing scam at the heart of her Theranos startup is entering its final phase. The 11-year sentence represents a comeuppance for the wide-eyed woman who broke through “tech bro” culture to become one of Silicon Valley’s most celebrated entrepreneurs, only to be exposed as a fraud. Along the way, Holmes became a symbol of the shameless hyperbole that often saturates startup culture.
Read more »
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motivesAs Elizabeth Holmes prepares to report to prison next week, the criminal case that laid bare the blood-testing scam at the heart of her Theranos startup is entering its final phase.
Read more »
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motivesQuestions still linger about her true intentions -- so many that even the federal judge who presided over her trial seemed mystified. And Holmes' defenders continue to ask whether the punishment fits the crime.
Read more »