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Honestly, how has this woman avoided prosecution even this long? The financial scam she perpetrated was a brazen flimflam. So many others are locked up quicker for so much less, but in modern America if you’re from an anointed class of money, political or social interest you are untouchable. Before this is over she will be a victim.

This and the college admissions scandal pretty much fill my need for non-Trump news. In this case, as I see it (based on what I’ve read also), she managed to pull this off because:

1) She’s a woman.
2) She was good-looking when needed (now she’s doing the little schoolgirl look for sympathy).
3) She faked a deep voice (no one from her past remembers that voice). That is the voice of many women who broke into ‘the man’s world’, particularly in the tech side.
4) She hooked one or two big names who normally don’t invest in startups (maybe George Schultz, although that might have been later), using the above techniques.
5) Others followed, after all how could these ‘big names’ be wrong. At that point, she had her money.
6) She never disclosed her methods to them, and they, not knowing the game, never pushed her for it.

One of the articles said something like the big Venture Capitalists and Hedge Funds would have never gotten near her (and they didn’t), because of her claim that all of her work was ‘proprietary’. Those firms, even though they are lambasted on a regular basis, actually do have technically competent people (engineers, some of who are also lawyers) who know when someone is trying to mess with them.

In the end, the real hero in my book was the grandson of George Schultz, who worked there and started asking questions (and was like 25 years old). While grandad, who dumped in big bucks, said things like “I don’t really understand this stuff, but I trust her”, his grandson asked hard questions resulting in the top people there threatening to fire him for just asking. He then went to the media and it was game over.

Her impressively deep voice..?

Not even that is real.

The Never Blinking thing?

That has to be real.

This woman is utterly and totally screwed up.

Had there not been this Slavish WeNeedWomenEngineers PC culture in Silicon Valley..?

NONE of her BS would have been possible.

It’s actually NOT just her:

It’s a whole toxic culture that enabled and sustained her.

Theranos was a privately held health technology corporation,[2] initially touted as a breakthrough technology company, but subsequently infamous for its false claims to have devised blood tests that only needed very small amounts of blood. Founded in 2003 by then-19-year-old Elizabeth Holmes,[6] Theranos raised more than US$700 million from venture capitalists and private investors,[7] resulting in a $10 billion valuation at its peak in 2013 and 2014.[8][9] Investors and the media hyped Theranos as a breakthrough in the large blood-testing market, where the U.S. diagnostic-lab industry posts annual sales of over $70 billion. Theranos claimed its technology was revolutionary and that its tests required only about 1/100 to 1/1,000 of the amount of blood that would ordinarily be needed and cost far less than existing tests.

A turning point came in October 2015, when investigative reporter John Carreyrou of The Wall Street Journal questioned the validity of Theranos’ technology. The company faced a string of legal and commercial challenges from medical authorities, investors, the U.S. Securities and Exchange Commission (SEC), Centers for Medicare and Medicaid Services (CMS), state attorneys general, former business partners, patients, and others.[10] By June 2016, it was estimated that Holmes’s personal net worth had dropped from $4.5 billion to virtually nothing.[11] The company was near bankruptcy until it received a $100 million investment from Fortress Investment Group in 2017.[12] In September 2018, the company ceased operations.

https://en.wikipedia.org/wiki/Theranos