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How much is Elizabeth Holmes worth? At one point, around $4.5 billion. Now, the Theranos CEO and founder faces up to 20 years in jail for committing wire fraud. ... Still, they told investors that ...
Elizabeth Anne Holmes (born February 3, 1984) is an American biotechnology entrepreneur who was convicted of fraud in connection with her blood-testing company, Theranos. [2] The company's valuation soared after it claimed to have revolutionized blood testing by developing methods that needed only very small volumes of blood, such as from a ...
Theranos Inc. (/ ˈ θ ɛr. ə n. oʊ s /) was an American privately held corporation [5] that was touted as a breakthrough health technology company. Founded in 2003 by then 19-year-old Elizabeth Holmes, Theranos raised more than US$700 million from venture capitalists and private investors, resulting in a $9 billion valuation at its peak in 2013 and 2014.
At its peak, Theranos, which Holmes managed as CEO and promised would revolutionize healthcare, was valued at $9 billion, making Holmes at the time the world’s first self-made female billionaire.
In closing arguments Friday, a lawyer for Theranos founder Elizabeth Holmes suggested wealthy investors in her failed blood-testing startup like the family Betsy DeVos should have known the risk ...
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. The 11-year ...
Elizabeth Holmes, founder and CEO of the collapsed Silicon Valley blood testing company, Theranos, has been sentenced to 11.25 years in prison plus three years supervised release for financial ...
Still, George expects the judge to impose a more lenient sentence than the guideline range that he calculates to around 210 to 262 months, or 17.5 years to nearly 22 years.