David Boies
Are lawyers defending Theranos founder Elizabeth Holmes quitting?
Nov 22, 2021 · -- Elizabeth Holmes took mostly easy questions from her defense attorney on Monday, as the former Theranos founder was given the stage to tout the bold aspirations she had for her blood-testing ...
Who is Elizabeth Holmes?
Sep 11, 2021 · Elizabeth Holmes, Silicon Valley's one-time darling for founding and leading the now failed biotech company Theranos, is on trial in one of the most highly anticipated criminal fraud cases in the ...
What did Theranos'Elizabeth Holmes say about women?
Sep 28, 2021 · SAN JOSE, CALIF – In the first dramatic showdown at the Elizabeth Holmes’ trial, defense attorney Lance Wade aggressively questioned the …
Who is the founder of Theranos?
Dec 08, 2021 · Lawyers for Elizabeth Holmes conclude defense in fraud trial. Attorneys for Elizabeth Holmes rested their case on Wednesday after the Theranos founder took the stand for seven days in her own ...
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Sep 08, 2021 · "In the end, Theranos failed and Ms. Holmes walked away with nothing," Holmes’ defense lawyer Lance Wade said, according to Reuters. "But failure is not a …
Who is Elizabeth Holmes defense lawyer?
Kevin DowneyHolmes' lawyer, Kevin Downey, is expected to resume his closing argument Friday morning, followed by a rebuttal from prosecutors, meaning jury deliberations could begin as early as Friday.Dec 17, 2021
WHO reported Elizabeth Holmes?
Who's Who in the Elizabeth Holmes Trial Erin Woo📍Reporting from San Jose, Calif. Tyler Shultz and Erika Cheung are former Theranos employees and were whistle-blowers. They worked at the start-up in 2013 and 2014.Jan 3, 2022
How did Elizabeth Holmes do in her testimony?
Theranos founder Elizabeth Holmes testified she "never" lied to investors as her defence team rested its case in her criminal fraud trial. Ms Holmes, 37, pleaded not guilty to charges she lied about her firm, including that its technology could detect diseases with a few drops of blood.Dec 8, 2021
Who is Elizabeth Holmes husband?
William "Billy" EvansRecently, info has surfaced revealing Holmes' relationship status: She's now married to hospitality heir William "Billy" Evans, 27. The couple currently live in San Francisco and just welcomed their first child together over the summer.Jan 4, 2022
Does Elizabeth Holmes have any money left?
Holmes owned half of the company, so her net worth could be estimated at $4.5 billion.Jan 3, 2022
Why did Elizabeth Holmes change her voice?
Holmes, 37, was found guilty of tricking investors into pouring money into what she said was a revolutionary testing system. ... There have been allegations that Elizabeth Holmes, Stanford University dropout faked her voice to sound more authoritative in a male-dominated industry.Jan 4, 2022
Where is Elizabeth Holmes living now?
Holmes and her 29-year-old partner William “Billy” Evans, a hospitality heir, are staying in a home in one of America's most expensive estates, Green Gables, in Silicon Valley.Dec 22, 2021
How much did Holmes raise for Theranos?
By December 2004, Holmes had raised $6 million to fund the firm. By the end of 2010, Theranos had more than $92 million in venture capital. In July 2011, Holmes was introduced to former secretary of state George Shultz. After a two-hour meeting, he joined the Theranos board of directors. Holmes was recognized for forming "the most illustrious board in U.S. corporate history" over the next three years.
Who was the whistleblower who investigated Theranos?
John Carreyrou of The Wall Street Journal initiated a secret, months-long investigation of Theranos after he received a tip from a medical expert who thought the Edison blood testing device seemed suspicious. Carreyrou spoke to ex-employee whistleblowers and obtained company documents. When Holmes learned of the investigation, she initiated a campaign through her lawyer David Boies to stop Carreyrou from publishing, which included legal and financial threats against both the Journal and the whistleblowers.
Who is Elizabeth Holmes' father?
Elizabeth Holmes was born February 3, 1984 in Washington, D.C. Her father, Christian Rasmus Holmes IV, was a vice president at Enron, an energy company that later went bankrupt after an accounting fraud scandal. Later he held executive positions in government agencies such as USAID, the EPA, and USTDA.
Who is the youngest female billionaire?
Media attention increased in 2014, when Holmes appeared on the covers of Fortune, Forbes, T: The New York Times Style Magazine, and Inc. Forbes recognized Holmes as the world's youngest self-made female billionaire and ranked her #110 on the Forbes 400 in 2014.
How much is Theranos worth?
Theranos was valued at $9 billion and had raised more than $400 million in venture capital. By the end of 2014, her name appeared on 18 U.S. patents and 66 foreign patents. During 2015, Holmes established agreements with Cleveland Clinic, Capital BlueCross, and AmeriHealth Caritas to use Theranos technology.
Who were the investors in Theranos?
Theranos's pool of major investors expanded to include Rupert Murdoch, the Walton family, the DeVos family including Betsy DeVos, the Cox family of Cox Enterprises and Carlos Slim Helú. Each of these investors lost tens to hundreds of millions of dollars when Theranos folded.
Who wrote the book Bad Blood?
On May 2018, author John Carreyrou released the book Bad Blood: Secrets and Lies in a Silicon Valley Startup, detailing the life of Holmes and the inner workings of Theranos. As of June 2016, the film rights to John Carreyrou 's book Bad Blood were purchased by Legendary, before the book was published.
Early Life
Elizabeth Holmes was born February 3, 1984, in Washington, D.C. Her father, Christian Rasmus Holmes IV, was a vice president at Enron, an energy company that later went bankrupt after an accounting fraud scandal. Her mother, Noel Anne (née Daoust), worked as a Congressional committee staffer. Christian later held e…
Theranos
- Founding
In 2003 Holmes founded the company Real-Time Cures in Palo Alto, California, to "democratize healthcare". Holmes described her fear of needles as a motivation and sought to perform blood tests using only small amounts of blood. When Holmes pitched the idea to reap "vast amounts o… - Funding and expansion
By December 2004, Holmes had raised $6 million to fund the firm. By the end of 2010, Theranos had more than $92 million in venture capital. In July 2011, Holmes was introduced to former secretary of state George Shultz. After a two-hour meeting, he joined the Theranos board of dire…
Promotional Activities
- Holmes partnered with Carlos Slim Helú in June 2015 to improve blood testing in Mexico. In October 2015, she announced #IronSisters to help women in science, technology, engineering, and mathematics careers.In 2015, she helped to draft and pass a law in Arizona to let people obtain and pay for lab tests without requiring insurance or healthcare provider approval, while mi…
Connections
- Theranos's board and investors included many influential figures. Holmes's first major investor was Tim Draper – Silicon Valley venture capitalist and father of Holmes's childhood friend Jesse Draper – who "cut Holmes a check" for $1 million upon hearing her initial pitch for the firm that would become Theranos. Theranos's pool of major investors expanded to include Rupert Murdo…
Recognition
- Before the collapse of Theranos, Holmes received widespread acclaim. In 2015, she was appointed a member of the Harvard Medical School Board of Fellows and was named one of Time magazine's "Time 100 most influential people". Holmes received the Under 30 Doers Award from Forbes and was ranked number 73 in its 2015 list of "the world's most powerful women". She wa…
Personal Life
- Holmes was romantically involved with technology entrepreneur Ramesh "Sunny" Balwani, a Pakistani-born Hindu who immigrated to India and then the US.She met him in 2002 at age 18, while still in school; he was 19 years older than she was and was married to another woman at the time. Balwani divorced his wife in 2002 and became romantically involved with Holmes in 2003, …
in The Media and Influences
- Holmes has been credited with creating a negative stigma for other women entrepreneurs, particularly in the sciences and health care industries, who are often compared to her. Writing in The New York Times, technology journalist Erin Griffith commented that "Holmes continues to loom large across the start-up world because of the audacity of her story, which has permeated …
References
- Works cited
1. Carreyrou, John (2018a). Bad Blood: Secrets and Lies in a Silicon Valley Startup. New York: Alfred A. Knopf. ISBN 978-1-5247-3165-6. OCLC 1249975944.
Further Reading
- Bilton, Nick (February 20, 2019). "'She Never Looks Back': Inside Elizabeth Holmes's Chilling Final Months at Theranos". Vanity Fair. Condé Nast. Retrieved February 23, 2019.
External Links
- USPTO list of granted U.S. patents listing Holmes as an inventor(120 patents as of January 4, 2022)
- American Masters: The Women's List. PBS. September 25, 2015.
- Appearances on C-SPAN
- Elizabeth Holmes at IMDb
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