who are inside the courtroom, represents the most detail shared with the public to date about the finances of the famously secretive company.
The company made no revenue in 2012 or 2013 and was burning through roughly $2 million a week during the second year, Spivey said, noting Theranos had an accumulated deficit of $376 million by the end of 2014. Though Theranos was accumulating big losses, Holmes sent rosy financial projections to one of the company’s providers, Arcana, in 2014, estimating revenues would be $50 million by the end of 2013, $90 million by the end of 2014 and $112 million by the end of 2015, Spivey said.
No justice if she is exonerated..it will send string message that White collar crime wins and pays
nice
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What the Elizabeth Holmes Trial Is Revealing About TheranosForged documents, nearly $1 billion in funds raised, $585 million in losses: Elizabeth Holmes’s criminal trial is revealing inside information about Theranos “Everything was his fault!” 🙄 good luck
Source: WSJ - 🏆 98. / 63 Read more »
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Source: WSJ - 🏆 98. / 63 Read more »
What the Elizabeth Holmes Trial Is Revealing About TheranosForged documents, nearly $1 billion in funds raised, $585 million in losses: Elizabeth Holmes’s criminal trial is revealing inside information about Theranos “Everything was his fault!” 🙄 good luck
Source: WSJ - 🏆 98. / 63 Read more »
Elizabeth Holmes's Theranos Trial in Pictures: Inside a Courthouse SagaElizabeth Holmes’s family and other supporters have been attending the Theranos founder's trial to hear lawyers and witnesses lay out the case. See inside the courthouse saga. I’d like to see the photos w/o the text obscuring them. good Me every time I read “Theranos”
Source: WSJ - 🏆 98. / 63 Read more »
A Theranos Timeline: The Downfall of Elizabeth Holmes, a Silicon Valley SuperstarTheranos launched in 2003, and by 2014 was valued at over $9 billion. Five years later, the company had dissolved, and founder Elizabeth Holmes was criminally charged with fraud. How did it all unravel? You guys broke the story. ... 😘 ... Kaief Browder was sent to prison for stealing a backpack. This chick will likely get a slap on the damn wrist and a fine for stealing billions. Lesson here, if your going to commit crime 1) be White and 2) go BIG.
Source: WSJ - 🏆 98. / 63 Read more »
In Russia’s Election, Putin’s Opponents Are Seeing DoubleThere is little prospect that the pro-Putin United Russia party will lose its parliamentary majority, but that hasn’t stopped opposition groups and independent media from being silenced or outlawed. wow the main thing is not poisoned
Source: WSJ - 🏆 98. / 63 Read more »