Tag Archives: Silicon Valley’s ‘fallen star’ Elizabeth Holmes handed 11-year prison term

SAN JOSE: Elizabeth Holmes’s startup Theranos made her a multi-billionaire hailed as the next US tech visionary by age 30, but it all evaporated in a flash of lawsuits, ignominy and, finally, an 11-year prison sentence on Friday. The rise and fall of Holmes, who in January was convicted of defrauding investors of her biotech startup, is a heavily chronicled …

SAN JOSE: Elizabeth Holmes’s startup Theranos made her a multi-billionaire hailed as the next US tech visionary by age 30, but it all evaporated in a flash of lawsuits, ignominy and, finally, an 11-year prison sentence on Friday. The rise and fall of Holmes, who in January was convicted of defrauding investors of her biotech startup, is a heavily chronicled …