Elizabeth Holmes is going to prison – with a $500M bill

Instead of dropping conspiracies one should ask for proof. The fact you couldn't name a single male CEO who had a similar level of Fraud should be proof enough the court system treated this fairly-ish compared to past levels of fraud.

This wasn't just product fraud. It wasn't just money lost. Non-investors had their lives ruined from wrong medical advice being given. People died as a result.

I think the bhopal disaster is a rough comparison for how gross negligance that cannot be attributed to 'mistakes' do lead to convictions. https://www.goldmanprize.org/blog/eight-people-convicted-on-...

Yeah it bugs me too. I don't disagree with it, I'm not saying she shouldn't have been sent to prison, I'm not saying she should have had a lighter sentence, but it is strange that despite so few female tech founders, one of the first sent to prison was a woman.

Another narrative that might work is: it's hard to be a female founder, so only the most "bold" (in whatever way you want) get investment, and it was precisely this investment that ended up being the reason she is being punished. i.e. as a man it's easier to get investment so men don't have to resort to fraud. Maybe combine that with investors being more likely to be defrauded by a woman because they let their guard down more. I don't know. This narrative is too full of stereotypes and I'm not sure I like it, and I'm sure men have resorted to fraud to get investment, just maybe not as popular. Maybe also add that being a prominent female founder gave her more fame than the average guy in the same role, exacerbating the problem and potentially the punishment?

Balwani's story is quite amazing. The dude won startup lottery and made enough money that he wouldn't have to worry rest of the life. He had a mansions, sports cars and lived his life happily. One day this young women walks in his life and wants help with her startup. The dude throws away everything to make her startup success, burns midnight oil and torches ethics. He is much older and thinks he is in love. Only later to realize that the woman was simply using him and chewed him out as soon as his purpose was done. They became so adversarial in the end that they literally campaigned to have each other in prison.

Important Life Lesson for Everyone: If you made your money, do NOT fall in love (or, god forbid, marry without iron-clade prenup).

There have been several CEOs who have been arrested for a wide range of crimes. Some of these CEOs led tech companies. Most of them are men.

There is literally another man who is in jail for the same crimes, and he got a sentence that is two years longer.

Gender discrimination and unbalance is undeniable, but in this case. I don't believe it is playing a large role, and I don't believe it is influencing in the direction that you believe it to be.

>> Charges for which Holmes was convicted in January. These included three counts of wire fraud and one count of conspiracy to commit wire fraud.

Naive question: Why do they call this wire fraud? Where is the wire in this fraud?