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Elizabeth Holmes

9 quotesEntrepreneur · Born Feb 3, 1984 · United States Of America · Female

Elizabeth Anne Holmes (born February 3, 1984) is the founder and former CEO of Theranos, a now defunct company known for its unlikely claims to have revolutionized blood testing using surprisingly small volumes of blood such as from a fingerprick. In 2015, Forbes named Holmes the youngest and wealthiest self-made female billionaire in America on the basis of a $9 billion valuation of Theranos. By the next year, following revelations of potential fraud, Forbes revised her net worth to zero dollars, and Fortune named Holmes one of the "World's Most Disappointing Leaders".The decline of Theranos began in 2015, when a series of journalistic and regulatory investigations revealed doubts about the company's technology claims, and whether Holmes had misled investors and the government. In 2018, the U.S. Securities and Exchange Commission charged Theranos and Holmes with deceiving investors by "massive fraud" through false or exaggerated claims about the accuracy of her blood-testing technology; Holmes settled the charges by paying a $500,000 fine, returning shares to the company, relinquishing her voting control of Theranos, and being barred from serving as an officer or director of a public company for ten years. In June 2018, a federal grand jury indicted Holmes and former Theranos chief operating officer Ramesh Balwani on nine counts of wire fraud and two counts of conspiracy to commit wire fraud for distributing blood tests with falsified results to consumers.The early credibility of Theranos was in part interpreted as an effect of Holmes's personal connections and ability to recruit the support of influential people including Henry Kissinger, Bill Clinton, George Shultz, James Mattis, and Betsy DeVos. Holmes was in a relationship with her chief operating officer Ramesh "Sunny" Balwani. Holmes's career, the rise and dissolution of her company, and the subsequent fallout are the subject of a book, Bad Blood: Secrets and Lies in a Silicon Valley Startup by the Wall Street Journal reporter John Carreyrou. 2Early life Holmes was born in Washington, D.C. Her father, Christian Rasmus Holmes IV, was a vice president at Enron, after which he held executive positions in government agencies such as USAID, the EPA, and USTDA. Her mother, Noel Anne (Daoust), worked as a Congressional committee staffer. Holmes' great-grandfather, Christian Rasmus Holmes, was a Danish physician who married Bettie Fleischmann, the wealthy daughter of Charles Louis Fleischmann, the founder of Fleischmann's Yeast; Dr. Holmes went on to establish Cincinnati General Hospital and the University of Cincinnati's medical school.Holmes attended S

All Love (2)mission (2)Mistakes (1)Time (1)Destiny (1)Messiah Complex (1)Life (1)purpose (1)wonderful (1)Surrender (1)Change the World (1)Work (1)Winston Churchill (1)crazy (1)Confession (1)

From “Elizabeth Holmes is reportedly engaged. Here’s a timeline of the Theranos CEO’s rise and fall, from becoming the world’s youngest female billionaire to getting charged with massive fraud”

I know that we made mistakes.

Confession Mistakes

This is what happens when you work to change things, and first they think you're crazy, then they fight you, and then all of a sudden you change the world.

Change Work crazy Change the World Messiah Complex

From “Elizabeth Holmes On Using Business To Change The World”

You’ll get knocked down over and over and over again, and you get back up.

Persistence Get Back Up

From “Theranos' Elizabeth Holmes”

That moment is when you find what you were born to do. For me, I reached the point where I was spending all my time doing this anyway, and I was wasting my parents’ money on courses I wasn’t going to. So I had that moment where I was very clear: This is what I wanted to do with my life.

Destiny Time

When people say, ‘I want to start a business,’ my question is always, ‘Why?’ Because there’s got to be a mission — there’s got to be a reason you’re doing it so that no matter how hard it is, you want to keep doing it over and over and over again, because you love it.

Business mission Love

From “Meet the $9 Billion Woman”

I would say three things: Find what you love, and don’t let it go no matter what. I would say Winston Churchill really knew what he was talking about when he said, ‘Never give in. Never give in. Never, never, never ….’ And I would say that I am living proof that it’s true that if you can imagine it,…

Winston Churchill Surrender

When you find what you love, you do it. That’s it.

Love mission

From “Blood, Simpler”

I have done something, and we have done something, that has changed people’s lives. I would much rather live a life of purpose than one in which I might have other things but not that.

Life purpose

The wonderful thing about the way I was raised is that no one ever told me that I couldn’t do those things.

wonderful

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