Elizabeth Holmes’s former Theranos business partner sentenced to nearly 13 years in prison

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Breaking news: Elizabeth Holmes’s ex-partner, Sunny Balwani, who was also the former president and COO of the blood testing start-up, gets almost 13 years in prison on fraud charges related to Theranos. Holmes was sentenced to over 11 years last month.

Theranos was once valued at $9 billion, with an ambitious goal to make health care more affordable and accessible to the masses. It made a small device to process blood samples, purporting to be able to run hundreds of tests from just a few drops of patient’s blood.But during Holmes’s lengthy trial, testimony showed that the technology could only run about a dozen blood tests, and its results were erratic. Theranos often relied on traditional testing machines made by outside companies.

After their fall from grace, Theranos, Holmes and Balwani became the subjects of high-profile media portrayals of Silicon Valley “To begin, Mr. Balwani did not start Theranos,” lawyers wrote in his sentencing filing. “He was never Theranos’ most significant shareholder. He did not conceive the blood-testing technology that drove the company’s promise. And he did not have the final say on Theranos’ strategy.”

 

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IT WAS A CULT! How Elizabeth Holmes fooled the world with her $900 milli... via YouTube

Sure... Brown guy should get it all. Racism is in American's DNA.

2 more years for “not being pretty”. see my pinned tweet plz

Go after the board. Why do board members have so little responsibility. They should know what they are supporting!

Understand that Man/boy's Truth Social is going down. Don Jr. Has moved to a new future. Good luck of course. Expect him back at Twitter soon. He's finished but wants to flame out.

2 more years for “not being pretty”.

I hope he's not pregnant too

Lenient sentence.

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