The GuardianThe Guardian

‘People wanted to believe the fairytale’: The downfall of Elizabeth Holmes

30 May 2023 · 4 min read

informed Summary

• Elizabeth Holmes was convicted of four counts of defrauding investors in her blood-testing company, Theranos.

Elizabeth Holmes has begun her prison sentence, in a remarkable fall for a startup founder who had become an icon known far outside Silicon Valley.

Holmes, 39, had once promised to revolutionize the medical world, but was convicted in January 2022 on four counts of defrauding investors in her blood-testing company, Theranos.

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