Ten years ago, Elizabeth Holmes’ biotech startup, Theranos, was valued to be worth $10 billion. Five years ago, she was indicted for wire fraud. Finally, today, Holmes reported to prison to begin serving her sentence of 11 years and 3 months.
It usually doesn’t take so long after an indictment for a defendant to be found guilty and sent to prison. But the fall of the woman formerly hailed as the next Steve Jobs has been painfully drawn out, with Holmes’ legal team playing every card in the deck to delay this inevitable day.
The story of Theranos is all too familiar now: A you
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