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Tag: Theranos

What The Heck Happened? The Whiplash Year Of 2022

Remember January 2022? Ah, those were the days. The venture-backed startup world was revving up for another record-breaking year, raising huge rounds...

Theranos’ Sunny Balwani Receives 13-Year Prison Sentence

Former Theranos president and COO Ramesh “Sunny” Balwani was sentenced to 155 months, or just under 13 years, in prison for wire...

Sam Bankman-Fried’s Self-Incrimination Tour

Bankman-Fried’s self-presentation in these interviews seem almost tailored to buttress the impression of ineptitude and distraction. In his conversation with Sorkin, Bankman-Fried jittered nervously....

‘Avengers’ Directors to Bring FTX Miniseries to Amazon

Amazon has ordered a miniseries based on the collapse of crypto exchange FTX from the directors behind Marvel's "Avengers" franchise.According to film trade paper...

Elizabeth Holmes sentenced to more than 11 years for Theranos fraud

Elizabeth Holmes, the disgraced founder of failed blood-testing start-up Theranos, has been sentenced to more than 11 years in prison for what prosecutors called...

Theranos founder Elizabeth Holmes sentenced to more than 11 years in prison for fraud

Justice is finally served. Theranos founder Elizabeth Holmes was sentenced to more than 11 years in prison for fraud, putting an end to the three-year...

Elizabeth Holmes Is Sentenced To 11-Plus Years In Prison

Almost two decades after founding Theranos, Elizabeth Holmes was sentenced to 11.25 years in prison. The founder of Theranos, which marketed itself as a...

Bitcoin is Dead Says the Economist

Bitcoin has died once again in the eyes of the mainstream media, with the Economist asking “Is this the end of crypto?” “Big personalities, incestuous...

Crypto Markets Spiral on FTX’s Bankruptcy News

Someday, there will be a Netflix documentary about Sam Bankman-Fried. SBF — as he’s known in crypto circles — was worth more than $14...

FTX & naked swimmers in a bear market

Warren Buffet, who has a way with words, said only when the tide goes out can you see who has been swimming naked. During...

USING A SAFE IN REG CFS

The SEC once wanted to prohibit the Simple Agreement for Future Equity, or SAFE, in Reg CF offerings. After a minor uproar the SEC changed its mind, and SAFEs are now used frequently. I think prohibiting SAFEs would be a mistake. Nevertheless, funding portals, issuers, and investors should think twice about using (or buying) a …

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Who is the Theranos of Education?

Over the last few months, biotech company Theranos has re-entered the conversation due to a slew of newsworthy happenings—the Elizabeth Holmes trial ...

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