January 4, 2022

Elizabeth Holmes Found Guilty

by The Journal.

Background show artwork for 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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