Enlarge / Theranos founder and former CEO Elizabeth Holmes, left, walks with her mother, Noel Holmes, as they arrive for Elizabeth Holmes’ trial at the Robert F. Peckham Federal Building on November 17, 2021, in San Jose, California. Holmes is facing charges of conspiracy plus wire fraud for allegedly engaging in a multimillion-dollar scheme to defraud investors. (credit: Justin Sullivan/Getty Images)
For months, legal observers have been speculating whether Elizabeth Holmes would take the particular stand in her own criminal trial. Friday afternoon, Holmes put those questions to rest and was sworn in.
In her testimony, it was abundantly clear that, without her family’s wealth and status, Theranos would have been little more than a college student’s flight of fancy.
Holmes traced typically the beginnings of Theranos for this jury. As a college freshman at Stanford studying engineering, she had wanted to miniaturize the blood testing process—initially, her dream was to cram everything into a pill or patch, she told often the court. Patients would either swallow the pill or slap on your patch, et voilà , get results beamed to the separate device. Sounds exactly like the sort of thing a college first-year would dream up.
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