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A friend of Holmes’s, he writes, “didn’t understand what her friend saw in this man, who was nearly two decades older than she and was lacking in the most basic grace and manners. I probably will get a letter from a lawyer for writing this.” If people visited any of Theranos’s offices and refused to sign the company’s lengthy nondisclosure agreement, they were not allowed inside.Ĭarreyrou adds that Balwani “projected an air of menace” at Theranos, acting coldly and dismissively toward employees. On LinkedIn, one former employee noted next to his job description, “I worked here, but every time I say what I did I get a letter from a lawyer. Employees who spoke publicly about the company were met with legal threats. Applicants who came for job interviews were told that they wouldn’t know what the actual job was unless they were hired. He ensured that scientists and engineers at Theranos did not talk to one another about their work. Nevertheless, he was soon put in charge of the company’s most secret medical technology.… When employees questioned the accuracy of the company’s blood-testing technology, it was Balwani who would chastise them in emails (or in person), sternly telling staffers, “This must stop,” as The Wall Street Journal reported. was hired in 2009 to focus on e-commerce. By July 2005, the relationship had escalated so much that Holmes was living with Balwani in his Palo Alto condominium, according to Bad Blood. Before September 2009, when Balwani joined Theranos in an official capacity, Balwani was advising Holmes behind the scenes.īalwani’s confounding role at Theranos: Balwani was officially hired by Theranos in 2009 as president and chief operating officer, in spite of his lack of medical experience and “at least one red flag” on his legal record, according to Carreyrou: As depicted in The Dropout, Holmes left college during her sophomore year, in March 2004, to focus on the company that became Theranos. The beginning of their romantic relationship: When she was studying at Stanford the following school year, Holmes said, Balwani would email her. I talked to him about wanting to start a company, and a company that I tried to build in high school, and I asked for his advice.”

#Elizabeth holmes husband trial#

When the company sold, Balwani collected over $40 million.ĭuring her trial last year, Holmes remembered, “I understood that he’d been a really successful businessperson, that he worked with Bill Gates in the early days of Microsoft.

#Elizabeth holmes husband software#

Balwani, who was born in Pakistan and raised in India, had been a software engineer for Lotus and Microsoft, and the president and chief technology officer of. Speaking to Vanity Fair’s Joy Press, Dropout star Amanda Seyfried said that the text messages-which were released once she was filming Hulu’s series, in which she stars as Holmes-were “incredibly informative,” not to mention “juicy AF.”īalwani was still married at the time, but his Silicon Valley pedigree appealed to Holmes.

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(Balwani has vehemently denied these allegations through his lawyer.) In an attempt to counter this argument, the government released hundreds of text messages between the Theranos executives, revealing just how much their relationship blurred personal and professional lines. During her trial for fraud, after years of strategic silence, Holmes volunteered her version of the story in order to help build a case against her longtime boyfriend-who she claimed had emotionally and sexually abused her, and manipulated her into mismanaging the company. Their partnership became even more interesting in 2021, about five years after it ended. The first three episodes of The Dropout, now out on Hulu, trace this real-life relationship and the way it affected Holmes and the ill-fated start-up.

This, of course, was not the largest lie that Holmes and Balwani, who is nearly 19 years her senior, told in their troublesome quest to build a billion-dollar business-but it certainly would have been of interest to investors, who likely would have flagged it as being a conflict of interest. Elizabeth Holmes and Ramesh “Sunny” Balwani went to elaborate lengths to keep their 12-year romance a secret while running Theranos-lying to investors, most employees, and press to shield the fact that Holmes, the company’s founder and CEO, was dating and living with Balwani, the company’s second-in-command.