The ex-Theranos CEO and founder Elizabeth Holmes was sentenced to over 11 years in prison for defrauding investors totaling more than $140 million.

In this video, we will uncover all the details of one of the most blatant cases of investor fraud in Silicon Valley, a true story of a fallen Unicorn Theranos.

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Victor Gichun is the Creator and Host of The Contributors Channel, and a co-founder of Excess Logic, a leading Nationwide Reverse Logistics Provider. Since 2012 Excess Logic has helped over 500 companies including Google and Meta (formerly Facebook) remove and decommission Surplus Test, Measurement, Lab, and R&D Equipment, Excess electronics and IT gear such as Laptops, Computers, Hard Drives, Graphic Cards, Gaming Devices, reclaim residual value and safely destroy data.

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Timing

00:00 Elizabeth Holmes Sentenced to over 11 years in Prison 

00:55 Who  is Elizabeth Holmes 

01:23 Holmes Attended Stanford University 

02:10 Theranos Funding and Expansion 

03:14 Forming a Board of Directors 

04:17 Holmes Ranked as #110 on Forbes 400 

05:04 Theranos Downfall 

07:07 SEC Sued Theranos 

08:19 The Trial 

09:43 Lesson to Learn

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