Meet The World's Latest Self-Made Multi-Billionaire: Elizabeth Holmes of Theranos

CynicalContrarian

Owl
Other Christian
Gold Member
Ha!
What's up love?
Bit o' stress...?
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"Theranos Founder Elizabeth Holmes Appears In Court Over ..."

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CynicalContrarian

Owl
Other Christian
Gold Member
She's representing herself as I recall, cause she can't afford her previous legal team.

First a big name medical device developer.
Now a supposed lawyer.

Chicks may claim they can do it all.
Yet good ol' reality has a way of turning their fantasies into ash...
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Dusty

Peacock
Gold Member
Just think, if it wasn’t for massage Johnny holding her back, Theranos would have developed the ultimate Coronavirus blood test by now.
 

SlickyBoy

Hummingbird
Anyone wondering where her little machines are right now? Maybe she can make ventilators.....

Good lord, just imagine the fallout if Theranos managed to keep the balls in the air up until now.
 
Man, time after time we are reminded how terrible and life changing the fall from grace can be. Ask Adam and Eve and if not them look at Lucifer. Someone said it already "How much has changed since 2014", one minute you're on top of the world and the next minute you're on the ground eating dirt. My father use to warn me "Son, most people in your life will be like shadows, everywhere to be seen in your brightest moments but in your darkest moments they are no where to be found". I miss my father, truly he had much more to give me before being taken away so early.
 

JayR

Kingfisher
Atheist

Theranos Founder Elizabeth Holmes Is Pregnant, Likely Delaying Trial​

She is due to give birth in July, when her trial on charges of fraud was scheduled to begin​

Theranos founder Elizabeth Holmes’s criminal trial is almost certainly headed for another delay after her lawyers and prosecutors revealed in a Friday court filing that she is pregnant and due to give birth in July.

Ms. Holmes had been slated to begin trial July 13, a date that is no longer feasible, lawyers said in the filing in U.S. District Court in San Jose, Calif. In light of her pregnancy, the two sides asked a federal judge on Friday to move the beginning of jury selection to Aug. 31.

Ms. Holmes is accused of defrauding investors and patients about Theranos’s technology, which purported to use just a few drops of blood from a finger prick to test for a variety of health conditions. Prosecutors brought charges against her and the company’s former chief operating officer, Ramesh “Sunny” Balwani, in June 2018. Ms. Holmes has been scheduled to go on trial first, with the date repeatedly being delayed because of the pandemic.

Both former executives have pleaded not guilty.

Attorneys for Ms. Holmes didn’t respond to a request for comment Friday. According to the court filing, her lawyers told the government about the pregnancy March 2.

The now-defunct blood testing company came under public pressure in late 2015, after The Wall Street Journal revealed that the company ran few tests on its proprietary machines, which produced unreliable results, and instead performed most tests with commercial analyzers that it bought from other companies and sometimes altered.

WSJ's John Carreyrou: Reporting on Theranos and Elizabeth Holmes



Ms. Holmes has sparred with the government over what jurors can see at trial, including whether prosecutors can call as witnesses former patients who say they received inaccurate test results from Theranos, and whether they can show regulator reports finding issues with Theranos labs.

U.S. District Judge Edward Davila is scheduled to hear arguments in May on such requests seeking to shape how the trial will look. Prosecutors and Ms. Holmes’s attorneys said in the Friday filing that they aren’t asking to delay that hearing or others already set in the run-up to the trial.
Ms. Holmes, once a darling of Silicon Valley, could face a 20-year sentence if convicted of the charges, multiple counts of wire fraud and conspiracy to commit wire fraud.

Her lawyers have argued in pretrial filings that the government has cherry-picked anecdotes from the seven million to 10 million total test results generated by Theranos over the three years it tested patient blood.
Theranos dissolved in 2018, following the criminal charges against Ms. Holmes and Mr. Balwani and a failed attempt to sell the company.
 

Jacob Robinson

Robin
Catholic
She pulled an all-nighter a long time ago and decided when she grew up she wanted to be a tech titan. So she dropped out of college and started a company. She had no significant education in medicine or technology. For lack of that, she bleached her hair, got blue contact lenses, and started wearing black turtlenecks like Steve Jobs to get the right image. And tried to speak in a deeper voice to...sound more like a man? Packed the board of directors with a bunch of old guys who did not know technology.

She thought by sheer force of will she could create a tech empire.

Does not work that way. Besides actually having some actual know how, it takes a lot of luck. Jobs would have been a no body if he had not known Wozniak. Wozniak designed the first Apple computer, and its disk drive, etc. while Jobs designed the case it went in. Wozniak did great work, for the late 1970's, but other people were working along the same lines. Not taking anything away from him, but he was very luck to have been there at that very moment.

Bill Gates and his associates made BASIC interpreters for early PCs and would be only one of hundreds of forgotten software companies of that era had not IBM blundered into dealing with them when IBM decided to rush the development of a PC by going off-the shelf for everything but the BIOS--they agreed to use Microsoft's operating system, which Microsoft did not even have. Microsoft paid some guy for an OS he had crudely copied from Digital Research Inc.

As an aside, sometimes a lot of bad comes out of good luck. That is when the Bill Gates think they are so superior and all-knowing compared to everyone else. IBM made a blunder and Microsoft was opportunistic and then notoriously anti-competitive and made truck loads of cash making software no one wanted to use, ergo Gates gets to tell everyone how to deal with the Kung Flu? Really?

At least she did not stumble onto something, make billions, then spend the rest of her life lecturing us on social issues.
 

Easy_C

Peacock
Packed the board of directors with a bunch of old guys who did not know technology.

She thought by sheer force of will she could create a tech empire.

Does not work that way. Besides actually having some actual know how, it takes a lot of luck.

Kind. A lot of why the venture I’m working with now is so successful is that they were able to get a few of the “right” kinds of old guys on board, which in turn got a brand that’s the best in the world on board....which is where we’re at right now but simply having that branding should go a long ways.
 

Elipe

Pelican
Protestant
She pulled an all-nighter a long time ago and decided when she grew up she wanted to be a tech titan. So she dropped out of college and started a company. She had no significant education in medicine or technology. For lack of that, she bleached her hair, got blue contact lenses, and started wearing black turtlenecks like Steve Jobs to get the right image. And tried to speak in a deeper voice to...sound more like a man? Packed the board of directors with a bunch of old guys who did not know technology.

She thought by sheer force of will she could create a tech empire.

Does not work that way. Besides actually having some actual know how, it takes a lot of luck. Jobs would have been a no body if he had not known Wozniak. Wozniak designed the first Apple computer, and its disk drive, etc. while Jobs designed the case it went in. Wozniak did great work, for the late 1970's, but other people were working along the same lines. Not taking anything away from him, but he was very luck to have been there at that very moment.

Bill Gates and his associates made BASIC interpreters for early PCs and would be only one of hundreds of forgotten software companies of that era had not IBM blundered into dealing with them when IBM decided to rush the development of a PC by going off-the shelf for everything but the BIOS--they agreed to use Microsoft's operating system, which Microsoft did not even have. Microsoft paid some guy for an OS he had crudely copied from Digital Research Inc.

As an aside, sometimes a lot of bad comes out of good luck. That is when the Bill Gates think they are so superior and all-knowing compared to everyone else. IBM made a blunder and Microsoft was opportunistic and then notoriously anti-competitive and made truck loads of cash making software no one wanted to use, ergo Gates gets to tell everyone how to deal with the Kung Flu? Really?

At least she did not stumble onto something, make billions, then spend the rest of her life lecturing us on social issues.
Great write-up on how ticket-taking works.
 
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