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Category Archives: Elizabeth Holmes

Busted Billion-Dollar-Baby Fraud Finds Another Greater Fool – Softbank Lends Theranos $100 Million!

zerohedge.com / by Tyler Durden / Dec 24, 2017  Japan’s Softbank Group is coming to the rescue of yet another embattled Silicon Valley “unicorn”. The Wall Street Journal reported Saturday that Fortress Capital, the publicly traded private-equity firm that agreed to sell itself to the Japanese conglomerate earlier this year, has extended a $100 million loan to Theranos, which is […]

Busted Billion-Dollar-Baby Fraud Finds Another Greater Fool – Softbank Lends Theranos $100 Million!

Japan’s Softbank Group is coming to the rescue of yet another embattled Silicon Valley “unicorn”. The Wall Street Journal reported Saturday that Fortress Capital, the publicly traded private-equity firm that agreed to sell itself to the Japanese conglomerate earlier this year, has extended a $100 million loan to Theranos, which is still facing multiple lawsuits […]

There Goes Another Unicorn: Jessica Alba’s Startup Valuation Crashes More Than Half

Back in the summer of 2014, roughly a year and a half before the second bubble of profitless, "story", aka "tech", companies had burst, we wrote in dismay, that "the true indicator of just how bubbly the second coming of the dot com era has become comes courtesy of none other than Jessica Alba's, yes […]

Robertson Stephens Co-Founder Sues Theranos And Elizabeth Holmes For Fraud

zerohedge.com / by Tyler Durden / Nov 28, 2016 5:38 PM In what is not the first lawsuit (and certainly won’t be the last) by naive shareholders to go after former unicorn darling-turned-fraud Theranos, its founder Elizabeth Holmes, and COO Ramesh Balwani, the co-founder of prominent dot com investment bank Robertson Stephens, Robert Colman, accused Theranos and Holmes […]

Robertson Stephens Co-Founder Sues Theranos And Elizabeth Holmes For Fraud

In what is not the first lawsuit (and certainly won’t be the last) by naive shareholders to go after former unicorn darling-turned-fraud Theranos, its founder Elizabeth Holmes, and COO Ramesh Balwani, the co-founder of prominent dot com investment bank Robertson Stephens, Robert Colman, accused Theranos and Holmes of making false and misleading claims about its […]

Theranos Whistleblower Tells All On Intimidation And Coercion Tactics Employed To Silence Him

2016 has not been too kind to Elizabeth Holmes, the Steve-Jobs wannabe in charge of fraudulent Theranos. She has thus far been banned for 2 years from operating labs, removed from hosting fundraisers for Hillary and lost her entire net worth.  And now, the Wall Street Journal has published the “tell-all” story of the whistle-blower, […]

The End: Theranos CEO Elizabeth Holmes Banned For 2 Years From Entering A Lab

zerohedge.com / by Tyler Durden / Jul 8, 2016  We appear to be entering the final chapter of the fraud known as Theranos which at one point captured Wall Street’s eye with the promise of unwarranted character affiliations and humorous magazine photo shoots. Theranos founder and chief value pillager Elizabeth Holmes, who saw her net worth vanish […]