Elizabeth Holmes, CEO of Theranos, finally charged

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I agree. The level of vitriol and public fascination was much greater because she’s a woman.
Glad she was found guilty, but still…

You must be too young for the Bernie Madoff scandal because I remember a whole other level of ‘interest’ and vitriol.

But with Bernie it was a whole lot of people who found their life savings wiped out. There actually were some patients who came close to suffering very serious medical consequences due to her deception, but only close, and it was large investors who lost money.

FWIW, I never understood how the whole "one drop of blood from a finger stick" thing was so appealing. Personally, I prefer a needle in my inner elbow to a finger stick--the nerves are less sensitive. And once you have a vein. it's just a matter of attaching one vial after another. Now if she had claimed to find a pain free guaranteed way of delivering IV medications, I'd take notice (haven't had to do that often, but I am approaching old age and sooner or later. . . . ).

There were patients diagnosed with cancer and life-ending diseases, who had to tell their families they were DYING, because of her false promises. I’d argue that’s incalculably worse than Madoff.

[Anonymous]

Anonymous wrote:Her deep voice sounds fake and I find it disturbing.

Im curious is she is a narcissist or sociopath?

I really don’t understand why this man would want to be with a pathological liar. Do you think he believes she is innocent ?

In the podcast “The Dropout” they interview some of his former colleagues and they describe him as very similar to Elizabeth - wanted to win at all costs, willing to lie to get his way, etc.

[Anonymous]

If she becomes pregnant again right now she can delay any jail time, can’t she?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I agree. The level of vitriol and public fascination was much greater because she’s a woman.
Glad she was found guilty, but still…

You must be too young for the Bernie Madoff scandal because I remember a whole other level of ‘interest’ and vitriol.

But with Bernie it was a whole lot of people who found their life savings wiped out. There actually were some patients who came close to suffering very serious medical consequences due to her deception, but only close, and it was large investors who lost money.

FWIW, I never understood how the whole "one drop of blood from a finger stick" thing was so appealing. Personally, I prefer a needle in my inner elbow to a finger stick--the nerves are less sensitive. And once you have a vein. it's just a matter of attaching one vial after another. Now if she had claimed to find a pain free guaranteed way of delivering IV medications, I'd take notice (haven't had to do that often, but I am approaching old age and sooner or later. . . . ).

Because she also claimed that she would make testing cheap and ubiquitous. Feeling a little off, drop in to your local pharmacy and get you blood analyed with a simple, automated, finger stick. No doctors, and immediate results. It's not clear what you would do with these results in most cases. But you would "take control" of your health.

[Anonymous]

Holmes was not remanded. Her husband however looks stressed. Couldn't have happened to a more deserving family.

[Anonymous]

Anonymous wrote:If she becomes pregnant again right now she can delay any jail time, can’t she?

Hahahaha - no. Pregnancy is not an automatic get out of jail free (or delay your incarceration) card

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I agree. The level of vitriol and public fascination was much greater because she’s a woman.
Glad she was found guilty, but still…

You must be too young for the Bernie Madoff scandal because I remember a whole other level of ‘interest’ and vitriol.

But with Bernie it was a whole lot of people who found their life savings wiped out. There actually were some patients who came close to suffering very serious medical consequences due to her deception, but only close, and it was large investors who lost money.

FWIW, I never understood how the whole "one drop of blood from a finger stick" thing was so appealing. Personally, I prefer a needle in my inner elbow to a finger stick--the nerves are less sensitive. And once you have a vein. it's just a matter of attaching one vial after another. Now if she had claimed to find a pain free guaranteed way of delivering IV medications, I'd take notice (haven't had to do that often, but I am approaching old age and sooner or later. . . . ).

Because she also claimed that she would make testing cheap and ubiquitous. Feeling a little off, drop in to your local pharmacy and get you blood analyed with a simple, automated, finger stick. No doctors, and immediate results. It's not clear what you would do with these results in most cases. But you would "take control" of your health.

For people who have to get regular blood draws, it would probably be nice, but I agree that seemed to be the extent of the use case for individuals.

[Anonymous]

Do you think there’s any chance at all that she’ll only be sentenced to probation? Or some bogus “home detention” thing? No time locked up?

[Anonymous]

Anonymous wrote:Do you think there’s any chance at all that she’ll only be sentenced to probation? Or some bogus “home detention” thing? No time locked up?

She was convicted on four counts and each count faces 20 years - so no.

[Anonymous]

She’ll be lucky to be out by her child’s quinceneara.

[Anonymous]

Is there a mandatory minimum though?

[Anonymous]

Anonymous wrote:Is there a mandatory minimum though?

It’s up to the judge. They’re not going to let a CEO who tried to swindle the Defense Department, Walgreens and major investors out of $495 million just do house arrest nor should they. Throw the book at her.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Wondering if the defense used a "buyer beware" as their argument. Nobody forced these investors to hand over their money. They had choices. Theyre highly educated people. And the age-old mantra "if it's too good to be true..."
And isn't there due diligence on the investors' part to research and do their own independent investigation before handing ovet their millions to a dubious, yet sexy and alluring, young lady?

Not condoning her, but at the same time if you're supposedly one of the smartest and richest people in Silicon V you should've known better, no?

You should listen to the Dropout podcast

Investors could have done more to verify her claims but an investor not asking more questions is not a defense.

If you lie to me and I believe you because you show me some documents and other people seem to also believe you, my belief does NOT change the fact that YOU LIED.
It is not a defense.

[Anonymous]

Justice

[Anonymous]

Anyone else believe that she could just disappear

Her husband's family has tons of money and there are may non-extradition countries around the world. They could just get a private jet and disappear into oblivion.

Stranger things have happened. Like her whole story up until now.