Third juror dismissed in Elizabeth Holmes trial after found playing Sudoku

Reading Time: 10 minutes Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, California, on Tuesday, Oct. 12, 2021. David Paul Morris | Bloomberg | Getty Images SAN JOSE, CALIF. — A popular puzzle game got a third juror in the Elizabeth Holmes trial dismissed after she admitted to playing it during testimony to … Read more

In a Banner Year for VC, Women Still Struggle to Get Funding

Reading Time: 7 minutes In her early meetings, Colacurcio says she was judged on her startup’s defensibility, rather than her future vision. In 2018, Harvard researchers observed a similar phenomenon: Investors tend to ask men about their startup’s potential gains, and women about their potential losses. As a result, the researchers concluded, the startups with male founders raised five … Read more

Elizabeth Holmes wrote personal notes to herself about ‘becoming Steve Jobs’ as Theranos collapse began

Reading Time: 12 minutes As the media started comparing Elizabeth Holmes to Steve Jobs, the former Theranos CEO wrote a note to herself that contained three telling words. “Becoming steve jobs -” Holmes wrote on April 2, 2015, according to documents obtained by CNBC. The note was among more than a dozen pages of diary-like streams of consciousness writings … Read more

Ex-Theranos lab director testified that company cared more about ‘fundraising than patient care’

Reading Time: 6 minutes SAN JOSE, CALIF – A former lab director at Theranos testified on Friday that he thought the blood-testing start-up was poised to be the next Apple until he realized that top executives were prioritizing the company’s finances and public image over the health of patients. Adam Rosendorff, who worked at Theranos from 2013 until late … Read more

Elizabeth Holmes’ private texts reveal she described herself as the ‘best business person of the year’

Reading Time: 9 minutes Former Theranos CEO Elizabeth Holmes believed in herself so much that she wrote in a text message to Ramesh “Sunny” Balwani proclaiming that she had “total confidence in myself best business person of the year.” The message to her then-boyfriend and Theranos president Balwani are among thousands of private texts and Skype messages obtained by … Read more

Former Theranos scientist says Elizabeth Holmes pushed her to validate tests for Walgreens rollout

Reading Time: 6 minutes Elizabeth Holmes, CEO of Theranos, attends a panel discussion during the Clinton Global Initiative’s annual meeting in New York, September 29, 2015. Brendan McDermid | Reuters SAN JOSE, CALIF. – A former Theranos scientist testified Friday that Elizabeth Holmes pressured her to validate blood test results from the company’s Edison machine to speed up a … Read more

Former employee testifies Elizabeth Holmes’ Theranos lost millions while exaggerating projections to investors

Reading Time: 7 minutes SAN JOSE, Calif. — In public, Elizabeth Holmes was dubbed the next Steve Jobs on the cover of Inc. magazine in 2015, but in private the blood-testing company she founded, Theranos, was hemorrhaging hundreds of millions of dollars. On Tuesday, the government’s first witness at Holmes’ fraud trial, longtime Theranos financial controller San Ho Spivey, who … Read more

Theranos Founder Elizabeth Holmes Is on Trial. Silicon Valley Is Watching

Reading Time: 6 minutes If you need convincing that Elizabeth Holmes is a person with feelings, and not a villain out for blood, just look through her text messages. “You are breeze in desert for me,” she sent Ramesh Balwani, her business partner and boyfriend, in 2015. “My water. And ocean.” Even when Wall Street Journal reporter John Carreyrou … Read more

Elizabeth Holmes defense tries to block testimony on her extravagant expenses at Theranos

Reading Time: 5 minutes Theranos founder Elizabeth Holmes and her partner Billy Evans leaves the Robert F. Peckham U.S. Courthouse after the delivery of opening arguments in her trial, in San Jose, California, September 8, 2021. Peter DaSilva | Reuters When you hobnob with celebrities and titans of society, you need good jewelry. And former Theranos CEO Elizabeth Holmes … Read more