Elizabeth Holmes is guilty, but the Theranos legend is far from over

The trial of Elizabeth Holmes is finally over, but this does not mean that her time in the spotlight is over.After months of debate and 7 days of deliberation, the jurors is convicted The former Theranos CEO had four of the 11 counts of conspiracy and fraud. Now, while Holmes is waiting for her last words, Hollywood is producing its own version of the former CEO story.

Some people say that the Sherlock Holmes trial is an indictment of “pretending to succeed” in Silicon Valley. methodIn fact, criminal cases against technology leaders—not to mention guilty convictions—are rare. However, the upcoming works of Hulu and Apple may soon bring real liquidation.These dramatic retellings The Theranos legend can define how the world understands Holmes and the Silicon Valley culture that produced her.

In terms of law, the fate of Holmes has not yet been determined. The jury found the 37-year-old former chief executive guilty of one count of conspiracy to defraud investors and three counts of wire fraud. However, although the jurors ruled that Holmes was not guilty on one count of conspiracy to defraud patients and three counts of wire fraud related to patients, they were still deadlocked on the other three counts of fraud related to misleading investors.Presiding Judge Edward Davila Plan declaration Trials for those who have not been convicted are invalid.

Federal prosecutors will also have to make a decision Whether to pursue A new trial is held on these three pending charges, and the defense may appeal the guilty verdict. Holmes will face a fine of up to $250,000 (plus compensation) for each crime and up to 20 years in prison.might need moon The judge decides on Holmes’s verdict, and there is No mandatory minimum sentence. So Holmes may not go to jail at all.

But it is inevitable that Holmes will face trial by public opinion.

As the technology industry continues its efforts over the years, Sherlock Holmes is an outlier, The entertainment industry has just started. Hulu and Apple’s projects-Amanda Seyfried and Jennifer Lawrence will play Holmes respectively- Plan to hold a referendum on Theranos and shape how the public remembers Holmes and her company in a way that her cameraless trial would never be able to do.

The story of Elizabeth Holmes reaches Hollywood

Soon after the news that Theranos technology didn’t work, Silicon Valley abandoned Elizabeth Holmes.The technology industry leader at that time debate For many years, this blood testing startup did not follow their methods. They pointed out that Theranos’s funding mainly comes from private investors, not large venture capital companies, and that the company’s board of directors does not have well-known biotech experts.

This argument is not entirely tenable.Holmes did get the support of some well-known technology investors, including Venture capitalist Don Lucas and Oracle co-founder Larry EllisonSherlock Holmes often wore a uniform black turtleneck sweater and embraced her as a college dropout as a founder. She is also welcome to compare her with Silicon Valley royals, such as Steve Jobs and Mark Zuckerberg.Even during the entire trial, Holmes’ lawyers tried to defend Theranos’s misleading claims about its blood testing technology because Curriculum Standard In the entrepreneurial world.

“Holmes’ alleged fraud is actually a symptom of the broader root cause that prompted her to take action, and she is not alone,” Columbia University business professor and former Accenture senior partner Len Sherman told Recode. “This happens to be an extreme case that has been tried and is getting-hopefully so-a lot of attention.”

Silicon Valley may try to divert attention away from Theranos story, but Hollywood is focusing on it.Since the Wall Street Journal First sounded the alarm bell Regarding the accuracy of the company’s blood tests in 2015, several documentaries investigated Theranos’ problems.Including the HBO documentary directed by Alex Gibney inventor And ABC’s survey podcast drop out.

Next comes the big-budget streaming media series and feature films. Hulu is releasing a new miniseries Based on ABC Podcast March-it is also called drop out ——And has been released Seyfried Pictures As Sherlock Holmes. Although a release date has not yet been announced, Apple Recently confirmed It will support and release a Theranos film directed by Adam McKay and starring Jennifer Lawrence.It is called Bad blood, And based on the book of the same name by the Wall Street Journal investigative reporter John Carreyrou (John Carreyrou), he first reported on Theranos’ fault technology.

camera Not allowed In the court where Elizabeth Holmes was tried, this meant These documentaries, TV series and movies will continue to be the main way people watch (rather than read) Theranos. But according to Dan Birman, a documentary director and professor at the University of Southern California, these treatments will also be an opportunity for the public to decide what they think of Holmes and her company.

“When we enter a major story like this, it is a continuous sequencing process that will happen over time,” Berman said. “This is what history does.”

Theranos is not the only disgraceful technology company that accepts streaming.Next month, Showtime will release a Super Pump: Battle of Uber, Joseph Gordon-Levitt played Uber co-founder and former CEO Travis Kalanick (Travis Kalanick). Apple is also developing a limited series called We broke down About the rise and fall of WeWork, Jared Leto will play the company’s former CEO Adam Neuman, and Anne Hathaway will play his wife Rebecca Neuman.

You might even say that filming the founders of Silicon Valley is becoming a Hollywood tradition. These projects follow in the footsteps of Facebook’s blockbuster launch in 2010, Social network, Jesse Eisenberg plays the sinister Mark Zuckerberg. There are also two movies about Steve Jobs: a 2015 feature film written by Sorkin and Michael Fassbender as the founder of Apple, and a 2013 biopic starring Ashton Kutcher . None of these movies provide a flattering portrayal of the tech giants.

At the same time, there are more Theranos court scenes that have not yet been written.Another trial against Ramesh “Sunny” Balwani, the former CTO of Theranos and Holmes’ ex-boyfriend, is scheduled for Starting February 15. Balwani is also accused of defrauding patients and investors, but his case is separate from Holmes’s case because her lawyer Hope to sue him The abuse was part of her defense. His upcoming case reminds people that the story of Theranos never seems to end.

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