From the VFArchive: Her rise was meteoric. In the wake of Theranos's collapse, NickBilton explains why Silicon Valley saw only what Elizabeth Holmes wanted it to see.
From the moment Elizabeth Holmes arrived on the tech scene, around 2003, as a 19-year-old Stanford dropout with a world-changing idea, an epic ambition, and a Steve Jobs-ian aura, her rise was meteoric.
By last October, her revolutionary blood-testing start-up, Theranos, was valued at some $9 billion, and she had been anointed the world's youngest self-made female billionaire. Then areporter began looking at the science.
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Elizabeth Holmes sentenced to 11 years in prison for Theranos fraudHolmes was convicted on charges related to defrauding investors who poured hundreds of millions of dollars into her blood-testing company, believing it would revolutionize health care.
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Elizabeth Holmes gets more than 11 years for Theranos scamDisgraced Theranos CEO Elizabeth Holmes has been sentenced to more than 11 years in prison for duping investors in the failed startup that promised to revolutionize blood testing but instead made her a symbol of Silicon Valley ambition that veered into deceit.
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Elizabeth Holmes gets more than 11 years for Theranos scamTheranos CEO Elizabeth Holmes was sentenced Friday to more than 11 years in prison for duping investors in the failed startup that promised to revolutionize blood testing but instead made her a symbol of Silicon Valley ambition that veered into deceit.
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Elizabeth Holmes sentenced to over 11 years in prison for Theranos scamThe sentence imposed by U.S. District Judge Edward Davila was shorter than the 15-year penalty requested by federal prosecutors.
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