Elizabeth Holmes, Left to Her Own Devices
Elizabeth Holmes was once hailed as a Silicon Valley wunderkind and the next Steve Jobs.
Theranos promised to revolutionize the healthcare industry with its blood-testing technology that could detect a wide range of diseases from a single drop of blood.
The company was using traditional blood-testing equipment for the majority of its tests, and the results it did produce were often inaccurate and unreliable.
Holmes pleaded not guilty to the charges, and in 2021, her trial began in a federal court in San Jose, California.
The trial is expected to last for several months and will determine whether Holmes is guilty of wire fraud and conspiracy to commit wire fraud.
Since the collapse of Theranos, Holmes has largely disappeared from public view. She has not given any interviews or made any public statements since the scandal broke.
She was also banned from running a public company for ten years as part of a settlement with the SEC.
It is unclear what the company's products or services will be, and it is not clear whether it will be successful given Holmes' tarnished reputation.
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