I reckon that it is about 98% likely that she was so delusional and overconfident that she really thought it would all work out and she was not planning to flee the USA with a big pile of money.
My guess is that most of the investors money was spent by the Theranos company.
Holmes got about $2 millon in total salary as CEO.
She got $25 million using promissory notes, which I think means a personal loan secured on her company stock. She has paid back zero dollars of that.
She never sold any of her shares.
It is plausible to me that after living a wealthy CEO lifestyle, asset seizures, and paying lawyers she does not have much money or assets left.
4 comments
[ 2.1 ms ] story [ 19.5 ms ] threadMy guess is that most of the investors money was spent by the Theranos company.
Holmes got about $2 millon in total salary as CEO.
She got $25 million using promissory notes, which I think means a personal loan secured on her company stock. She has paid back zero dollars of that.
She never sold any of her shares.
It is plausible to me that after living a wealthy CEO lifestyle, asset seizures, and paying lawyers she does not have much money or assets left.