Unrepentant Elizabeth Holmes already plotting – Business News
Silicon Valley swindler Elizabeth Holmes is already plotting a comeback from her Texas jail camp, regardless of solely being three years into her 10-year sentence.
The Theranos fraudster, 42, has managed to help her husband raise a reported $18 million for an additional blood testing startup, The Post has realized.
“She is shameless and delusional to think that she could be taken seriously again by any medical and biotech professionals,” a Silicon Valley biotech insider advised The Post.
Elizabeth Holmes, the founder and former CEO of Theranos, is the subject of a new documentary that premiered during a secret screening on the Telluride Film Festival in Colorado. Holmes invited a movie crew into her home 34 days earlier than she was despatched to jail for 10 years. A24 / YouTube
The new documentary, “You Can See Everything,” premiered during a secret screening on the Telluride Film Festival in Colorado. A24 / YouTube
Much like her earlier company — which reached a $9 billion valuation earlier than the science behind it was confirmed to be bunk and he or she was convicted of scamming traders — the new business, known as Haemanthus, is a health tech company that goals, as soon as again, to revolutionize medical testing, in response to reviews.
“This is completely a joke,” the insider advised The Post, noting the company has no publicly disclosed scientific advisors or peer-reviewed analysis for its product. “It sounds exactly like Theranos 2.0.”
The company, helmed by Holmes’ husband Billy Evans, 33, plans to construct AI-driven gadgets which use lasers to scan blood and search for illnesses. It has but to publicly launch.
Evans, reps for Haemanthus and a lawyer for Holmes didn’t reply to requests for remark from The Post.
Holmes caught renewed consideration over the Labor Day weekend when a clip of her was launched to advertise a new movie documenting her remaining days as a free girl in 2023.
“Of course I’m not deceiving you. I’m engaging with you as a human being. Why would I deceive you? There’s no reason for me to do that,” an unblinking, wild-eyed Holmes says nose-to-nose together with her interviewer in a teaser clip.
Throughout her trial and past, Holmes — a mom of two younger youngsters with Evans — has insisted she is harmless.
Elizabeth Holmes, founder and former CEO of Theranos, arrives for a movement listening to on Nov. 4, 2019, on the US District Court House in San Jose, California. NurPhoto by way of Getty Images
Theranos founder Elizabeth Holmes (in denims) arrives flanked by jail officers on the Federal Prison Camp in Bryan, Texas, on May 30, 2023. AFP by way of Getty Images
The new company run by Evans, Haemanthus, raised $3.5 million from family and friends and $15 million from elsewhere, in response to the New York Times.
The company publicly insists Holmes has no formal function. But sources with direct data advised NPR final 12 months that Holmes has been offering Evans advice from inside the clink.
In a jail interview, the convict advised People magazine how she’s nonetheless working to renew her profession.
“There is not a day I have not continued to work on my research and inventions,” she advised the outlet. “I remain completely committed to my dream of making affordable healthcare solutions available to everyone.”
Elizabeth Holmes works out because the solar comes up at FPC Bryan. The Theranos fraudster is on an 11-year stretch on the jail, which has come into the highlight again because of convicted intercourse trafficker Ghislaine Maxwell’s switch to the ability. Toby Canham for NYPost.com
Signage is displayed close to the doorway to Federal Prison Camp Bryan on Aug. 1, 2025, in Bryan, Texas, the place Holmes is serving her jail time period. Getty Images
Prominent traders have handed on the Haemanthus pitch. In May 2025, enterprise capitalist Jim Breyer stated his crew declined to invest “for many of the same reasons we passed twice on Theranos.” Billionaire Michael Dell of Dell Technologies additionally turned down the chance, in response to reviews.
Holmes began Theranos in 2003 and ended up being billed as “the next Steve Jobs” by media retailers and enterprise capitalists.
She raised billons on the promise of a machine that would run a whole lot of checks from simply a pinprick of blood. But the tech by no means existed and traders have been proven staged demos whereas blood samples went to secretly hacked business lab machines. Walgreens and Safeway partnered with the company till checks spit out false HIV and most cancers outcomes.
Holmes, alongside her accomplice Billy Evans, walks back to her lodge following a listening to on the Robert E. Peckham US Courthouse on March 17, 2023, in San Jose. Holmes appeared in courtroom for a restitution listening to. Getty Images
Holmes at federal courtroom in San Jose on Oct. 17, 2022. She has as soon as again misplaced her bid to remain out of jail whereas she appeals her fraud conviction tied to a blood-testing hoax that bilked traders. AP
The company shut down three years after a 2015 expose within the Wall Street Journal documented the con. Ex-boyfriend and Theranos COO Ramesh “Sunny” Balwani is serving 13 years, and he and Holmes are additionally collectively on the hook for $452 million in restitution.
Last 12 months, the Ninth Circuit rejected Holmes’s appeal — the place she claimed trial errors and improper restitution — by citing overwhelming proof of her fraud.
At Federal Prison Camp, Bryan in Bryan, Texas — home to Ghislaine Maxwell and, till just lately, “Real Housewives” star Jen Shah — Holmes works for $0.31 serving to ladies slated for release write resumes.
Holmes and Evans depart a restitution listening to on March 17, 2023. Getty Images
She’s additionally serving to fellow jailbirds be taught French and was pressured so as to add canned jail tuna to her diet after her vegan life-style precipitated anemia, the outlet reported.
The average individual would hardly know she was incarcerated in the event that they stumbled upon Holmes’s X account, which was revived in August 2025 with the bio line “Mostly my words, posted by others.” It is suspected to be run by Evans or one other handler.
“Sometimes I genuinely can’t tell whether I’m under caffeinated or over caffeinated. My solution is usually to have another cup of coffee and see what happens. Not a great diagnostic,” one cheeky post from final week learn.
Holmes seen with Evans and their youngsters during a jail go to on Nov. 19, 2025, whereas a movie crew waited exterior to movie her for a documentary. BACKGRID
Elizabeth Holmes on the quilt of Forbes on June 1, 2016.
In one other post from final September, the account nonetheless preached the Theranos gospel, writing: “On Health: One of the areas we invested in deeply at Theranos was cytokine testing for inflammation. I have never been more convinced that chronic inflammation drives disease.”
Next month, the documentary teased final weekend might be launched, which began filming 34 days earlier than Holmes reported to federal jail in May 2023.
The movie, “You Can See Everything,” exhibits the crew hang around with Holmes, Evans, and their children as she recounts the Theranos saga, claiming it’s misunderstood.
Holmes works out alongside one other inmate on Aug. 4, 2025. The Theranos fraudster is serving an 11-year sentence. Toby Canham for NYPost.com
After Holmes disappears into federal lockup, Evans takes over her image, tweets in her identify, and even talks revenue with A24 execs on digicam.
Early opinions famous that the filmmakers shrink back from the subject of Holmes’s guilt or innocence to focus as an alternative on how her efficiency by no means stops.
“She is a narcissist who has no empathy for the patients harmed by Theranos’s tests and takes no responsibility for what they went through,” added The Post’s source.
