She promised to change the face of healthcare by making blood testing quick, cheap, and easy.
But the four guilty verdicts will be enough to put Holmes away for some time.
The New York Times also said those sentences will likely be served at the same time.
Stanford professor of medicine Phyllis Gardner told Vanity Fair that Holmes had been warned.
“I told her, I don’t think your idea is going to work,” Gardner said.
Media magnate and Fox News owner Rupert Murdoch put in $125 million.
The family of former education secretary Betsy DeVos threw $100 million into Theranos' kitty.
Holmes even drew in the Walton family of Walmart fame and convinced them to invest $150 million.
In 2017, Murdoch’s multimillion dollar investment was worth a sinle dollar (viaDaily Mail).
The stress of working with Holmes was such that Gibbons eventually died by suicide.
It also said doctors were avoiding Theranos because their tests were returning results that medical practitioners couldn’t trust.
The verdict handed to Elizabeth Holmes and Theranos stands out for several reasons.
It’s the first time a Silicone Valley executive is being held accountable for fraud.
She chose to be dishonest with investors and with patients" (viaThe Washington Post).
