4 ms·

Is there any data on how much the executives of Theranos profited while trying to produce these blood tests?

• detaro 9y ago
  The SEC report says about Holmes > Holmes was paid a salary of approximately $200,000 to $390,000 per year between 2013 and 2015 > Holmes has never sold any of her Theranos stock. > Due to the company’s liquidation preference, if Theranos is acquired or is otherwise liquidated, Holmes would not profit from her ownership until – assuming redemption of certain warrants – over $750 million is returned to defrauded investors and other preferred shareholders. So she probably didn't profit that much financially from the fraud (especially not compared to the sums in play), unless Theranos somehow magically comes back from the grave.