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Fortune
Fortune
Jessica Mathews

Elizabeth Holmes' attorneys paint a dark picture of venture capital as her sentencing looms

(Credit: David Paul Morris—Getty Images)

An “ardently resilient optimist.” Curious. Thoughtful. Determined to change the world. A desire to serve. 

These are the words that will ring like sirens in your ears if you read aloud the 82-page document filed by Elizabeth Holmes’s attorneys late last week ahead of her sentencing, which is scheduled for this Friday morning. These words seem to jump off the page and catch in your throat. Perhaps this is because we have seen how Theranos played out—all the way from the cover of Fortune to the trial stand. Perhaps because we have seen or read so much that even the name “Elizabeth Holmes” triggers our deepest sense of skepticism and disbelief—rather than the trust the founder had once instilled in so many.

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