I believe that Elizabeth Holmes deserves Prison Time.

Woodpecker

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Oct 7, 2021
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I’ll give her credit for the seed of a good idea
C'mon, everyone can come up with amazing things if they don't actually have to get them to work. For example,
 

TheBigUglies

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Oct 26, 2021
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I mean - they did put them in a bunch of Walgreens and people were getting wild blood results. I’ll give her credit for the seed of a good idea - We Work was an absolute farce.
It is kind of amazing how far she was able to get before it all blew up. She isn't the first and won't be the last. Reminds me of some real estate/construction people I dealt with in the 90s. Great salesman and believable and did just enough to get peoples money before those that hired them discovered what frauds they were. All in all, it eventually catches up to them.
 

WestSideLion

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Oct 6, 2021
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Looks like my future ex-wife is off to prison (again) while awaiting her appeal. Anyone who's read Bad Blood should want nothing put pain and misery brought upon her head.

That’s a lot of cabbage in restitution. I haven’t followed the specifics, but do she and Sonny have that kind of money squirreled away?
 
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Midnighter

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That’s a lot of cabbage in restitution. I haven’t followed the specifics, but do she and Sonny have that kind of money squirreled away?

No idea but at one point she was estimated to be worth between $800mm and $4.5bn….
 

LionJim

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Oct 12, 2021
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Too bad they won't go after the people who propped her up for so long.
She played some smart people for fools. I wouldn’t know if this would be exculpatory, but “a fool and his money are soon parted” has a familiar ring
 
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91Joe95

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Oct 6, 2021
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She played some smart people for fools. I wouldn’t know if this would be exculpatory, but “a fool and his money are soon parted” has a familiar ring

It is amazing some of the names of the "investment gurus" that pop up around some of the greatest scams, and how oversight suddenly disappears.
 

wbcbus

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Oct 8, 2021
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There is just something about Silicon Valley that makes people think they’re doing God’s work; it’s bonkers. A friend of mine is in the tech industry and a Stanford grad and kept telling me how great blockchain technology is and how it’s the future. I still don’t get it - it’s an entirely subjective, speculative device that is simply too volatile to function as anything more than an easily accessible stock. That accessibility and volatility is why everyone is trying to get rich off of it.

In terms of FTX, SBF losing means CZ and his Chinese backed Binance market wins - maybe that’s a good thing, who knows? But, he’s against crypto regulation and probably the guy who outed FTX (his sell off of FTX issued FTT tokens was the first red flag for FTX - then the ‘leak’ - most likely by CZ - showing FTX was using customer funds improperly was the dagger). Any company set up in the Bahamas - like FTX - is up to no good. Extra cash? Buy art.

Reminds me of the scene in the HBO show Silicon Valley where every tech group would describe their product by saying "making the world a better place through _________" and it's just some obscure thing like "minimal message oriented transport layers."
 

Monty2007

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Oct 12, 2021
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So what's it going to be, a Tarantino movie starring Jennifer Lawrence or Margot Robbie in her life story!?
 
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LionJim

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So what's it going to be, a Tarantino movie starring Jennifer Lawrence or Margot Robbie in her life story!?
That would be interesting. At what point in Holmes’ life did she realize that manipulating people was her superpower? It’s amazing that she got away with this for so long.
 

TheBigUglies

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Oct 26, 2021
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I've mentioned it here before, but the book Bad Blood is extremely well researched and well written. It is fascinating how next level her powers of manipulation were. She literally turned George Schultz against his own grandson.
Read it when it came out. Used to see her on the cover of Inc Magazine and read the articles way back before everything blew up. Could it be that she genuinely didn't get into it to just swindle people, everybody invested in her and her idea but then we they realized Theranos couldn't pull it off but had all this money and couldn't stop the snowball effect that they created? Tried to solve the problems themselves instead of seeking help. Turned the place into a toxic environment so the failed information didn't get out and the VCs would keep funding. Idk, maybe she did start off to just swindle people since she was from a pretty wealthy family from the D.C. suburbs. Anyway, they are criminal and should be held accountable. The saddest part is the one guy, Ian Gibbons, lost his life because of their criminal activity.
 

Midnighter

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Oct 7, 2021
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So what's it going to be, a Tarantino movie starring Jennifer Lawrence or Margot Robbie in her life story!?

Robbie too pretty; maybe just keep Seyfried? Also too pretty, but already worked well and she won an Emmy for it. Also, was so good Lawrence already dropped out of the Adam McKay film about Holmes.


 

Nitwit

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Oct 12, 2021
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She had a Steve Jobs fetish. She dressed like him and talked like him and even rented offices resembling Apple’s office building. Stanford students believe they are trained to run startups and this was her baby. She had an idea and even if it didn’t work it didn’t matter to her. She thought she could hire people who could make it work. She just needed money and time. She got all these well known people on her Board and that attracted investors because it leant credibly to the whole crazy scene. Like all these fraud cases, in the end it’s all about greed. People want to get rich quick and easy. Just like Bernie Madoff…..trust me, I’ll make you rich!
 
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step.eng69

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Oct 12, 2021
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Looks like my future ex-wife is off to prison (again) while awaiting her appeal. Anyone who's read Bad Blood should want nothing put pain and misery brought upon her head.


She’s about to be the cellblock candy.

🤔

Image for article titled Elizabeth Holmes Immediately Defrauds Biggest Inmate To Gain Other Prisoners’ Respect


BRYAN, TX—As soon as she reported Tuesday to the federal prison camp where she is to be incarcerated, former biotech entrepreneur Elizabeth Holmes is said to have immediately defrauded the biggest, toughest inmate she could find in an effort to gain the respect of her fellow prisoners. “You’re getting in on the ground floor of a venture that will revolutionize the prison industry,” Holmes said as she walked up to the facility’s most feared convict and swindled her out of all her money, reportedly hoping to send a clear message that she was “nobody’s *****.” “This is a groundbreaking technology that will change the world while paying huge dividends on your initial investment of 30 packs of cigarettes. And if you give me just a small cut of your prison wages every week, I’ll make sure you’re drinking the finest hooch by the time we take the company public.” At press time, inmates were seen scattering in every direction after Elizabeth Holmes and her gang entered the prison yard armed with spreadsheets and asking who wanted to go all-in on a new venture.
 
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