In a 46-page brief ahead of her sentencing, assistant US attorney Robert S Leach wrote of Holmes: "She repeatedly chose lies, hype, and the prospect of billions of dollars over patient safety and fair dealing with investors. Image: Holmes, her partner and family members attend an appeals hearing in March 2023 Her sentence will separate her from two children she's had with partner Billy Evans since her criminal trial began. It comes after a failed bid by Holmes's laywers to keep her out of prison while they appeal her conviction. Holmes's sentencing to more than 11 years in prison came after she was convicted of fraud, her years-long scam having failed to move the jury as it had done her backers.Īfter a case which gripped the world, just as her rise to fame had done, US federal prosecutors had asked the judge to jail her for 15 years, a term considered appropriate for "one of the most substantial white collar offences Silicon Valley or any other district has seen".īalwani has been sentenced to almost 13 years in prison, having been convicted of multiple fraud counts during a separate trial.īoth will begin their jail terms by the end of April 2023 - almost 20 years since Holmes made that fateful decision to drop out of Stanford University. Image: Holmes arrives for a hearing in San Jose in 2019 It's a trait that left some staff feeling deeply uneasy, not just Gibbons and Arriola, who describes her time at Theranos on her LinkedIn page as "altruism through corrupt unethical science-fiction". As Apple designer Ana Arriola tells Holmes in a scene when she attempts to recruit her following the launch of the first iPhone: "Honestly, it's just really exciting to me that you're a young female CEO, instead of a cocky little boy in a sweatshirt."īut Holmes's goal of becoming a wealthy star of the biotech scene quickly overcomes all other instincts - including a willingness to tell the truth. The show presents Holmes as a brave, smart, single-minded young woman determined to succeed, and she is initially easy to root for. Her rise and fall also inspired a hit podcast series called The Dropout, and a subsequent Hulu series of the same name starring Amanda Seyfried. There's perhaps a cruel irony that it's being produced by Apple, the company whose late co-founder was a source of such inspiration for Holmes. The journalist who broke the story, John Carreyrou, has since written a book on the scandal called Bad Blood, which stands to be turned into a feature film. Neither are unique to Silicon Valley - some of the big tech personalties who have emerged over the years remain an odd focus of worship in some corners of the internet - but rarely have they combined to such destructive effect. Image: Silicon Valley is home to some of the biggest names in techĪs described by Sky's Ian King when Theranos went bust in 2018, three years after the Journal's report, key to the company keeping the wool fixed firmly over the public's eyes until then had been an almost cult-like culture among its executives and staff, and one of extreme secrecy.
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