Only a few short years ago, Elizabeth Holmes, a Stanford University dropout turned technology startup CEO, was the youngest self-made female billionaire in the world and heralded as “the next Steve Jobs” by Silicon Valley’s elite. Theranos, the biotech company she founded in 2003, at age 19, raked in nearly $1 billion in venture capital funding for the development of affordable single-drop blood tests that Holmes promised would revolutionize the healthcare industry. Now, Holmes is facing 20 years in prison for wire fraud, accused by the federal government of scheming to defraud investors, doctors and patients with false claims about “the company’s technology, business, and financial performance.” Today, ABC News and Nightline released the first episode of The Dropout, a new six-part podcast hosted by Chief Business, Technology and Economics Correspondent Rebecca Jarvis, who, according to a press release, spent three years investigating “the twists and turns of…
