Elizabeth Holmes, formerly renowned in Silicon Valley, surrenders and begins an 11-year prison sentence.
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Elizabeth Holmes, dubbed “the next Steve Jobs,” begins her ten-year prison sentence today. Everyone is familiar with the controversial tale of Holmes and her health-related firm Theranos, particularly in Silicon Valley. The failure of Theranos should serve as a lesson on the perils of startup culture and the value of thorough research.
Well, the world is aware of how Holmes’ $10 billion biotech business was convicted on four counts of cheating investors in early 2022. After many years of waiting, Holmes’ 11 years and 3 months of incarceration officially begin today.
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