Holmes, 38, is expected to appeal the jury’s January verdict, which resulted in Friday’s sentence. She is pregnant, and the mother of a 15-month-old son born weeks before her trial began.
The case has drawn a brighter line between the optimistic promotion Silicon Valley startup founders use to entice investors and excite consumers, and misrepresentations and lies that can lead to civil and criminal prosecution, said Silicon Valley historian Michael S. Malone.
“There’s a big difference between hype and fraud, between optimistic and lying to yourself and to investors,” Malone said. “If you’re going to change the world you’ve got to take gigantic risks, but you’ve got to be honest about the risks. If you need more time to pull it off, you’ve got to say that.”
Holmes’ four-month trial in U.S. District Court in San Jose attracted media from across the U.S. Reporters began lining up with die-hard onlookers before 3 a.m. to be assured of seating in the main courtroom. News coverage spread globally.
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