The rise and dramatic fall of the youngest self-made female billionaire Elizabeth Holmes, the Silicon Valley tale that was too good to be true, is the subject of a new HBO documentary. Academy Award winner Alex Gibney (Enron: The Smartest Guys in the Room, HBO’s Emmy-winning Going Clear: Scientology and the Prison of Belief) dug deep into the entrails of Theranos, her healthcare company which claimed to have revolutionized blood testing. In 2014, it was valued at $9 billion. Just two years later, Theranos was cited as a “massive fraud” by the SEC, and its value was less than zero.
In mid 2018 a federal grand jury indicted Holmes and her former CEO on nine counts of wire fraud and two counts of conspiracy to commit wire fraud. Prosecutors allege that they engaged in two criminal schemes, one to defraud investors, the other to defraud doctors and patients. Both could face up to 20 years in prison; though have pleaded not guilty.
Born 3 February 1984, she has an inquiring, scientific and IT Aquarius Sun square an ultra-determined, hard-edge and obsessive Mars Saturn in Scorpio; with a high-finance and head-in-the-clouds Neptune Jupiter in money-minded Capricorn with her Jupiter in a superficially charming conjunction to Venus.
Her self-defeating, rise-and-fall 10H is strongly aspected; as is her loves-money 9H; and her can be self-destructive 16H.
There’s no date set so far for the trial and she looks as if the cataclysm isn’t affecting her confidence with a couple of Jupiter midpoints getting a boost from Pluto transits from now onwards till late 2020. Though she does have a catastrophic tr Uranus opposition her Mars/Pluto midpoint from July onwards which will dent her enthusiasm and that runs into 2020 where Uranus picks up another Pluto midpoint – so pluses and minuses ahead.