The creation of Elizabeth Holmes and the fall of Theranos | Theranos Trial Ep. 3

After a long trial, Elizabeth Holmes has been found guilty of four out of the 11 charges brought against her. But this is only half of the trial, with Holmes’ business partner, Sunny Balwani, getting ready for the same legal fight. The Verge’s deputy editor Liz Lopatto breaks down the trial and what to expect in the months to come.

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[TheVerge]

How do you think this will impact the trial of Theranos' former President, Ramesh Balwani?

[Skank_and_Gutterboy]

It says a lot that she was found innocent on all of the patient-abuse charges but is getting hit for defrauding a bunch of rich people whose quality of life was 100% not affected.

[iamcarbonandotherbits.]

She did a good job of describing the traits of a sociopath though she probably didn't mean to.

[sudarshan]

Title should have been "wake up call for investors rather than startups"

[ThomasTheTankEngine]

The fact that there is a possibility that she won't get jail time shows how crooked our "justice" system is. And the fact that this person was giving her praises is beyond me

[MarkAzali]

This is really embarrassing for whoever invested. They enabled her to sell snake oil to regular people.

[ntnwwnet]

@ 0:36: Holmes wasn’t found innocent of anything. She was found not guilty. It’s a subtle but huge difference.

edit: "deputy editor Liz Lopatto" should absolutely know the difference.

[ajwaddanwarr]

My issue with the case is all the charges were defrauding investors and none on the faulty blood test she gave to actual patients

[TallSilhouette]

How telling that the only fraud she's in trouble for is that against investors.

[DonnKnee]

It shouldn't be a wake up call for start-ups, if they run a legitimate product. These investors have no one to blame or punish, but themselves, for their own negligence.

[drewbeck]

It should be a much bigger wake-up call for investors and financiers. Focusing on the founder here removes the true culpability and source of game — the amateur magical thinking of the worlds wealthiest.

[andycapsphotos]

Given that white collar criminals almost never see jail time, it would be fresh to see her get some time in the slammer...

[SxetehakhBettehakh]

Supported and promoted by her own clan in wall street, media and power corridors as always they do to one of their own. This time a whistleblower ex employee with conscience and an honest journalist didn’t let them go away playing fraud with health issues of millions of patients. Hats off to those two individuals.

[hubertcumberdale]

Doesn't surprise me that the pocketbooks are being better treated in this situation rather than the people.

[swarnavasamanta]

She seemed more like a fangirl of her than an editor

[digvijaybokey]

2:03 “it’s possible that she would be seeing jail time. She’s probably looking at jail”

[syd]

Strange the only guilty verdicts are for defrauding investors, not human beings. Probably coincidence.

[indycinema]

Just think. The while rest of us were trying to create real startups. Turns out to get a A-lister to play you in a Hollywood movie, you just need to commit massive fraud or be a serial killer.

[chateauBoudreau]

The last episode of Bad Blood the Final Chapter - podcast by John Carreyrou features an interview with Tyler Schultz. He talked about what she put him through and how she ingratiated herself into his family via his elderly grandfather.

[coscos]

This was a big scam and a lie. Not a start-up