January 4, 2022

Elizabeth Holmes Found Guilty

by The Journal

Theranos CEO Elizabeth Holmes promised investors that her company could revolutionize blood tests. But after 11 wire-fraud charges and 15 weeks of a court trial, yesterday a jury found Holmes guilty on four counts. WSJ's Sara Randazzo, who has been in the courtroom, explains what this means for Holmes and why this trial was a referendum on how Silicon Valley startups raise cash.

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