Elizabeth Holmes delays start of prison sentence with last-minute appeal | CNN Business

Elizabeth Holmes won’t be starting her 11-year prison sentence just yet

           

https://www.facebook.com/cnn/posts/10163580500906509

Roco Cox she's a wannabe tech person who claimed she had created a machine that could take just a drop of blood, and give medical professionals all they needed to know about that patient. So what would normally take a whole vile (sometimes multiple) would be just a drop. Her idea is great! Execution was abysmal.

She convinced major donors she was close to finalizing it. She even contracted with CVS Minute Clinic (I think) to put these machines in their clinics. The first round was rough. Super inaccurate numbers coming back, or one day the machine would read a number, the next it would be off the charts.

Her R&D team tried to warn her about the machine's inaccuracy, but she didn't listen. She kept marketing it as this tech miracle and breakthrough, and kept getting large donations to pay for it.

Turns out, her team was right. Not only was her machine inaccurate, it was fake. The machine didn't do 90% of what it promised, she had nothing to really show for it, and the millions she had gotten in donations weren't used properly.

So here we are.




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