We collect cookies to analyze our website traffic and performance; we never collect any personal data.Cookies Policy
Accept
Michigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
Reading: The Epic Rise and Fall of Elizabeth Holmes
Share
Font ResizerAa
Michigan PostMichigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
© 2024 | The Michigan Post | All Rights Reserved.
Michigan Post > Blog > Business > The Epic Rise and Fall of Elizabeth Holmes
Business

The Epic Rise and Fall of Elizabeth Holmes

By Editorial Board Published January 4, 2022 3 Min Read
Share
The Epic Rise and Fall of Elizabeth Holmes
00holmes siliconvalley1 facebookJumbo

Tech Nation’s host, Moira Gunn, has a master’s degree in computer science and a doctor of philosophy in mechanical engineering, but she was dazzled. “How old are you, Elizabeth?” she asked.

“I’m 21,” Ms. Holmes said.

Her age was brought up not to knock down her claims but to underline how impressive they were. “I’m gonna go tell my two children, they better get off their duffs,” Ms. Gunn exclaimed.

Ms. Holmes said Theranos’s device was in “the production phase.” She added, “We hope to release it, actually, to a pharmaceutical partner around mid-to-late this year.” Thirteen years later, when the company dissolved, it had never successfully released a device.

In 2005, however, even reinventing blood-testing at 21 was not enough, so deep was our expectations of genius. Ms. Holmes was asked about her future, and gave the stock Silicon Valley response: You ain’t seen nothing yet.

Theranos already had the “next generations” of its device in prototype, she said. It was miniaturized to make it even faster, to make it “more high-throughput.” It would be automated: “You don’t even have to touch your finger on the device.”

So in one of the first media interviews Ms. Holmes ever did, she said Theranos had a working device that would be able to analyze your health without actually touching you. No one called her on it. No wonder she and her deputy and boyfriend, Ramesh Balwani, the company’s chief operating officer who was known as “Sunny,” thought they could brazen it out in the Silicon Valley tradition until they had something that actually worked.

This is a credulous age. William Perry, a Theranos board member, was secretary of defense under President Bill Clinton, a mathematician, engineer and Stanford professor. Not, in other words, a fool with regard to Silicon Valley. Yet he told The New Yorker in 2014 that Ms. Holmes “has sometimes been called another Steve Jobs, but I think that’s an inadequate comparison. She has a social consciousness that Steve never had. He was a genius; she’s one with a big heart.”

TAGGED:Careers and ProfessionsComputers and the InternetFitzgerald, F ScottFrauds and SwindlingHolmes, Elizabeth (1984- )Jobs, Steven PSilicon Valley (Calif)Start-upsTests (Medical)The Washington MailTheranos Inc
Share This Article
Facebook Twitter Email Copy Link Print

HOT NEWS

Shohei Ohtani’s strong begin units the tone as Dodgers defeat Giants to finish dropping streak

Shohei Ohtani’s strong begin units the tone as Dodgers defeat Giants to finish dropping streak

Sports
July 12, 2025
Donald Trump threatens to revoke Rosie O’Donnell’s US citizenship

Donald Trump threatens to revoke Rosie O’Donnell’s US citizenship

Donald Trump has stated he's contemplating "taking away" the US citizenship of actress and comic…

July 12, 2025
BST Hyde Park’s remaining day cancelled as Jeff Lynne’s ELO pulls out of headline slot

BST Hyde Park’s remaining day cancelled as Jeff Lynne’s ELO pulls out of headline slot

BST Hyde Park pageant has cancelled its remaining evening after Jeff Lynne's Electrical Mild Orchestra…

July 12, 2025
The Quiet Strength of Brenda’s Verse: A Journey Through Poetry and Faith

The Quiet Strength of Brenda’s Verse: A Journey Through Poetry and Faith

In a world that often feels like it’s moving too fast, Brenda Sanders, a 69-year-old…

July 12, 2025
Michigan girl dies whereas working extremely marathon in Colorado

Michigan girl dies whereas working extremely marathon in Colorado

DENVER (KDVR) — A 60-year-old girl from Michigan died whereas working the extremely marathon Hardrock…

July 12, 2025

YOU MAY ALSO LIKE

Lloyds Banking Group in talks to purchase digital pockets supplier Curve

Britain's largest excessive avenue financial institution is in talks to purchase Curve, the digital pockets supplier, amid rising regulatory strain…

Business
July 12, 2025

Proprietor of Cote restaurant chain cooks up sale plan

The personal fairness agency which took management of Cote, the French restaurant chain, on the peak of the pandemic is…

Business
July 11, 2025

UK economic system stays fragile – and there are dangers and traps lurking across the nook

Month-to-month Gross Home Product (GDP) figures are risky and, on their very own, do not inform us a lot.Nevertheless, the…

Business
July 11, 2025

UK financial system unexpectedly shrinks for second month in a row

The UK financial system unexpectedly shrank in Might, even after the worst of Donald Trump's tariffs have been paused, official…

Business
July 11, 2025

Welcome to Michigan Post, an esteemed publication of the Enspirers News Group. As a beacon of excellence in journalism, Michigan Post is committed to delivering unfiltered and comprehensive news coverage on World News, Politics, Business, Tech, and beyond.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 | The Michigan Post | All Rights Reserved

Welcome Back!

Sign in to your account

Lost your password?