{"id":79346,"date":"2021-09-15T02:15:52","date_gmt":"2021-09-15T06:15:52","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=79346"},"modified":"2021-09-15T01:55:16","modified_gmt":"2021-09-15T05:55:16","slug":"former-employee-testifies-elizabeth-holmes-theranos-lost-millions-while-exaggerating-projections-to-investors","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2021\/former-employee-testifies-elizabeth-holmes-theranos-lost-millions-while-exaggerating-projections-to-investors.html","title":{"rendered":"Former employee testifies Elizabeth Holmes\u2019 Theranos lost millions while exaggerating projections to investors"},"content":{"rendered":"\n<p>(CNBC) In public, Elizabeth Holmes was dubbed the next Steve Jobs on the cover of Inc. magazine in 2015, but in private the blood-testing company she founded, Theranos, was hemorrhaging hundreds of millions of dollars. On Tuesday, the government\u2019s first witness at Holmes\u2019 fraud trial,\u00a0longtime Theranos financial controller San Ho Spivey, who also goes by Danise Yam, testified in detail about the actual state of the company\u2019s financial condition.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2021\/09\/14\/elizabeth-holmes-theranos-trial-ex-employee-says-company-lost-millions.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) In public, Elizabeth Holmes was dubbed the next Steve Jobs on the cover of Inc. magazine in 2015, but in private the blood-testing company she founded, Theranos, was hemorrhaging hundreds of millions of dollars. On Tuesday, the government\u2019s first [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-79346","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=79346"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79346\/revisions"}],"predecessor-version":[{"id":79347,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79346\/revisions\/79347"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=79346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=79346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=79346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}