“You Wanted It To Be True, So Badly…”
Those words are from a co-worker of Elizabeth Holmes, the founder of biotech startup Theranos….whose criminal trial is now underway!
Do you know the story? You should!
Holmes was the founder and CEO of Theranos. She is accused of defrauding investors and patients when the Stanford dropout and her company, Theranos, claimed that machines could run dozens of critical medical tests using just a tiny amount of blood. At one point, the company was valued at $9 billion!
And Prosecutors say it was all a fraud!
Jury selection is now underway in the trial of Holmes. The San Jose courtroom has been abuzz as Reporters flock to cover this story – but an acclaimed 2019 documentary has the whole story!
“The Inventor: Out For Blood In Silicon Valley”
This riveting story was turned into an incredible documentary on HBO – check out the trailer:
As news report have stated:
“Many Silicon Valley venture capitalists were burned by Theranos; some even say the massive losses temporarily froze investments. Trial watchers said that freeze hit women-run businesses the hardest.”
The Theranos Fallout…
This is quite the cautionary tale, and double sad because so many people were inspired by Holmes and her success. As one Silicon Valley insider noted:
“…and sadly, whatever happens, is going to send — and kind of deepen a message — particularly to female entrepreneurs who I think have experienced a tough time, especially in the valley,” said Aron Solomon of Esquire Digital.
If convicted, Holmes could face 20 years in prison. Prosecutors say Holmes not only swindled investors of hundreds of millions of dollars, but she also put thousands of lives at risk.
This is a great documentary about how someone can use social media and venture capital to create something that may never have been real.
It reminds me of this amazing documentary as well:
“Fyre: The Greatest Party That Never Happened” documents the disastrous Fyre Fest, which let thousands stranded on an island with only this to eat:
Founder Billy McFarland is now in prison for defrauding Investors and concertgoers…and you can see this whole story by clicking here:
We are now in an era with some of the most mesmerizing documentaries ever – like this one that captivated the world:
The story of “Tiger King” must be seen to be belied, and you can find out more here:
There are so many incredible TV shows and documentaries on the air right now – earlier I told you about this one:
Another incredible real-life mystery about the man who rigged the McDonad’s Monopoly game!
See the trailer and more here:
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