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Ian Gibbons did much of the work behind the patents filed by Holmes, told Holmes about problems with the technology and was rebuffed, and died by suicide in 2013. Cheryl Gafner, Dave Phillipides, Douglas Matje, Ryan Wistort, Tony Nugent, Matt Hernan, and Patrick O'Neill, employees at Theranos. Tim Draper, an investor in Theranos.
Alongside Erika Cheung and Adam Rosendorff, Shultz exposed the fraudulent practices at Theranos by using an alias to contact several regulators and publications about Theranos' fraud, after which media attention on Holmes' deceit caught on. [5] [14] Shultz is known as "the first" to speak out about Theranos. [29]
Theranos Inc. (/ ˈ θ ɛr. ə n. oʊ s /) was an American privately held corporation [5] that was touted as a breakthrough health technology company. Founded in 2003 by then 19-year-old Elizabeth Holmes, Theranos raised more than US$700 million from venture capitalists and private investors, resulting in a $9 billion valuation at its peak in 2013 and 2014.
Elizabeth Holmes is the founder and former CEO of Theranos, a health tech startup. Holmes was enrolled at Stanford University before she dropped out during her sophomore year at just 19, hence the ...
The Theranos founder has shaved more months from her initial 11-year-plus sentence for wire fraud and conspiracy, federal records show, and is still due to be released two years earlier than expected.
Disgraced tech entrepreneur reported to prison in Texas minutes before a court-imposed deadline on Tuesday
Holmes settled the charges by paying a $500,000 fine, returning 18.9 million shares to the company, relinquishing her voting control of Theranos, and being barred from serving as an officer or director of a public company for ten years. [15] Balwani was in a romantic relationship with Holmes during his tenure at Theranos.
Theranos founder and CEO Elizabeth Holmes, center, walks into federal court with her partner Billy Evans, right, and her parents in San Jose, Calif., Friday, Nov. 18, 2022.