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Documentary Explores the Role Silicon Valley’s Startup Culture Played in the Rise and Fall of Elizabeth Holmes and Theranos
New York, N.Y. (August 30, 2021) -- Yahoo Finance, a leader in business and financial news, announced today the first feature length documentary from Yahoo Finance Presents, Valley of Hype: The Culture that Built Elizabeth Holmes, slated for release today August 30, 2021.
Ahead of jury selection scheduled to begin August 31st in the financial fraud trial against Holmes -- one of the world’s youngest self-made female billionaires and former CEO of her biotech startup Theranos -- Valley of Hype from Yahoo Finance explores the influence that Silicon Valley’s startup culture played in Theranos’ ascent and collapse. The film considers how the region’s ethos, which sometimes values a perfect pitch over proven results, could be raised in her defense. The film, narrated by legal reporter Alexis Keenan, introduces individuals close to Theranos who question whether Holmes is to some extent a victim, rather than a villain, of the Silicon Valley culture that helped create her. The former Silicon Valley darling, Holmes, now faces up to 20 years in prison over the Justice Department’s charges that she used Theranos, her once-hyped blood testing company, to defraud investors.
The Yahoo Finance documentary features exclusive interviews with people tied to Theranos who have never spoken out before, including board member, Dan Warmenhoven, and bioengineer, Jocelyn Bailey. The film also features experts on Silicon Valley’s evolution as a tech and investment hub who question the diligence of other interested parties who went along for the company’s once valued $9 billion ride.
“Valley of Hype questions the diligence of financial, political, and academic heavyweights who surrounded Elizabeth Holmes and helped her build Theranos,” Keenan said. “The film takes a look at those parties and how they fit into a culture that promoted extraordinary faith in an inexperienced college dropout.”
Watch Valley of Hype on Yahoo Finance starting August 30th, 2021 at 5pm ET.
For more information please visit https://finance.yahoo.com/live/theranosdocumentary.
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