She does really have a current USD valuation of zero. She was the chief executive officer and founder of a promising health tech company that is no longer in business. She likes to think of herself as the Steve Jobs of today. From the highest level of leadership in the biotechnology industry to the lowest level of a convicted fraudster. This book, titled Bad Blood, exposes the hypocrisy and deception at Silicon Valley startup Theranos. She claimed to have graduated from Stanford University, although there was no record of her having done so. This is similar to claims made by other politicians. Now she will be serving a term that is greater than 11 years in prison.
It is possible that Holmes will go down in history as the first chief executive officer of a major Silicon Valley technology company to be convicted of a crime and sentenced to prison. Everyone has inquired what the motivation was behind her lies and egregious deceits, particularly with regard to a technology that has everything to do with human lives. Everyone has asked why she would do such a thing. Her technology’s errors and deficiencies have been uncovered, and it is now abundantly evident that it is a mind-boggling hoax.
Due to the fact that Holmes was found guilty on three charges of wire fraud as well as one count of conspiracy to conduct fraud, he will be required to serve 11 years and 3 months in prison followed by three years of supervised release. According to reports, her sentence was formulated in accordance with the federal sentencing standards, which state that the sum of money that was taken is the primary factor in determining the length of time spent in prison.
Tragically, Elizabeth Holmes went from being a gifted child to a convicted con artist.
