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The Guardian - US
The Guardian - US
World
Kari Paul in San Francisco

‘People wanted to believe the fairytale’: the downfall of Elizabeth Holmes

Elizabeth Holmes, founder and CEO of Theranos.
Elizabeth Holmes, founder and CEO of Theranos. Photograph: Jeff Chiu/AP

Elizabeth Holmes has begun her prison sentence, in a remarkable fall for a startup founder who had become an icon known far outside Silicon Valley.

Holmes, 39, had once promised to revolutionize the medical world, but was convicted in January 2022 on four counts of defrauding investors in her blood-testing company, Theranos.

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