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Now that Theranos founder Elizabeth Holmes has been found guilty on four counts of defrauding investors, some are wondering how the case may change investments in startups. Holmes, who dropped out of Stanford, was able to gain the backing of high-profile investors including Oracle founder Larry Ellison and Rupert Murdoch without proof that her blood-testing startup was achieving accurate results.
For more, KCBS News Anchor Rebecca Corral spoke with Emily Chang, Executive Producer, KCBS Contributor, and Bloomberg Technology Anchor
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Now that Theranos founder Elizabeth Holmes has been found guilty on four counts of defrauding investors, some are wondering how the case may change investments in startups. Holmes, who dropped out of Stanford, was able to gain the backing of high-profile investors including Oracle founder Larry Ellison and Rupert Murdoch without proof that her blood-testing startup was achieving accurate results.
For more, KCBS News Anchor Rebecca Corral spoke with Emily Chang, Executive Producer, KCBS Contributor, and Bloomberg Technology Anchor
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