Former Theranos CEO Elizabeth Holmes Convicted Of Fraud And Conspiracy

Elizabeth Holmes was found guilty on four counts of fraud related to false claims made to investors. Despite her defense that the mistakes were made in good faith, the jury viewed them as fraudulent. The trial highlighted the culture in Silicon Valley where exaggeration is common, but this case sets a precedent on the limits of such behavior. Holmes faces potential jail time, and her sentencing is awaited. The case underscores that while failure is acceptable, fraud is not.

What was Elizabeth Holmes found guilty of in her trial?

• Only one charge of fraud

• Four counts of fraud

• All eleven charges against her

• No charges, she was acquitted

How did Elizabeth Holmes describe her mistakes during the trial?

• As part of a larger conspiracy

• As innocent and made in good faith

• As intentional and malicious

• As unavoidable due to technological limitations

What was the main issue with the test results from Holmes' company?

• They required too much blood

• They were too slow to process

• They were not accurate

• They were too expensive to conduct

What is the potential maximum jail time Elizabeth Holmes could face for each charge?

• 30 years

• 5 years

• 10 years

• 20 years

What broader message does the verdict convey to Silicon Valley startup CEOs?

• Fraud is not acceptable, even if failure is

• All startups should avoid innovation

• It's acceptable to exaggerate claims indefinitely

• Failure is a crime