Elizabeth Holmes: The Revolution That Wasn't

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hasibaakterss3309
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Elizabeth Holmes: The Revolution That Wasn't

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Elizabeth Holmes is 19 years old and a sophomore at Stanford University when she decides to drop everything to start her own company, Theranos. The then-teenager convinces her parents to invest her education money in a dream: to create a device that can detect hundreds of diseases with just a drop of blood. So far, it all sounds very noble and admirable, right? Things get ugly when Holmes fails to get her device to work properly and, in order to keep her investors, she starts falsifying results, doctoring data and making false promises.

Somehow, the young woman manages to get taiyuan mobile number database some of the most powerful men in America to invest millions of dollars in a product that never works. A con artist on par with Frank William Abagnale , Jr. But Holmes didn't just play with the fortunes of old white men: her product failures meant that millions of people received false or wildly inaccurate health results, such as a false HIV positive or a false cancer diagnosis.

While this was going on behind closed doors, Holmes was appearing on the covers of all the magazines as the “ youngest self-made billionaire,” fooling everyone for more than a decade. In 2015, a Wall Street Journal article exposed irregularities in Theranos’ labs and the company began receiving scrutiny from all media outlets. In 2018, the U.S. Securities and Exchange Commission (SEC) ruled that Holmes had committed massive fraud and the company was shut down for good.
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