Last week, while you were perhaps still lounging on a beach or, like me, begrudgingly back at your desk, a jury in California handed down a verdict in the case against Elizabeth Holmes, founder of now disgraced (and defunct) medtech start-up Theranos. On January 3, she was found guilty on four of the 11 charges and is awaiting sentencing, which may include jail time.

It was a sensational trial. Well, sometimes sensational, sometimes plodding and convoluted, as financial and fraud cases tend to be. Slow parts notwithstanding, people lined up around the block to have a chance to sit in on this trial, which — as the New York Times’s coverage put it — “came to symbolise the pitfalls of Silicon Valley’s culture of hustle, hype and greed”...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now