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Bad blood: Elizabeth Holmes and her former lover face trial

Bad blood: Elizabeth Holmes and her former lover face trial

The founder of failed blood testing start-up Theranos was just 18 when she first met Sunny Balwani, who went on to become her chief operating officer.

Margi Murphy

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Scientist Doug Matje walked out of his well-paid job at a buzzy Silicon Valley start-up. As it turned out, Friday the 13th was his lucky day. By quitting Theranos in September 2013, Matje narrowly avoided a five-year rollercoaster ride that has become one of corporate America’s most infamous fraud cases.

Next week Matje’s former boss, Theranos’ founder Elizabeth Holmes, will go on trial. Next in court will be her chief operating officer Ramesh “Sunny” Balwani, who unknown to investors was also conducting a romantic relationship with Holmes.

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The Telegraph London

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Original URL: https://www.afr.com/companies/healthcare-and-fitness/bad-blood-elizabeth-holmes-and-her-former-lover-face-trial-20210823-p58l6l