Elizabeth Holmes has arrived at the courthouse
The full scene
The judge is pronouncing it "therAHnos"
After some quibbling over how the jurors will be questioned and shuffling over seat assignments, we are finally starting selection.
When asked if anyone had heard about or read about this case, around half of the potential jurors on the panel raised their hands. Now we're hearing a rundown of each person's news exposure. One guy heard about it on NPR, another read about it on the r/investing subreddit
One juror has seen "The Inventor" and says it has given him bias. Judge Davila is pushing back, asking the juror to put their bias aside.
Now a juror has read a book about Theranos, which I assume is Bad Blood. "We can't ask you to unread the book," Judge Davila said. Juror says she believes in "acknowledging where knowledge comes from" and not letting it be part of her decision making.
Several potential jurors reporting having seen the 60 Minutes special about Theranos, hearing about it on NPR or seeing various headlines. Almost all are saying they can be fair and impartial.
Lotta happy Yahoo News customers out there in this jury
Part of this is the nature of being put on the spot in a courtroom, but it certainly seems like more people want to be on this jury than get out of it.
Ironically, Holmes' many delays of the trial may lead to a jury full of people who read Bad Blood and watched documentaries about Theranos.

Many jurors are saying they read/watched years ago and don't remember the details, therefore, won't be biased.
Judge Davila goes into the break suggesting the jurors to turn off news alerts. "In my household, I just won't pick up the newspaper."
Back from break.

Jurors are outlining how they've been attempting to dodge an apparent tsunami of news about Theranos. "I closed the tab... looked away from my phone... switched the radio off immediately..."
First dismissal: A juror works at a news radio station and said he looks at his computer screen "and it's just like Theranos, Theranos, Theranos, Theranos."

Judge Davila: "Would it break your heart severely if I excuse you from this jury?"
Another juror dismissed for bias after watching the documentary and two because they wouldn't be able to make rent for the 3+ months of the trial.
The court has now discussed the jurors' experiences with or exposure to wire fraud (1 juror) and domestic abuse (several) and those with connections to the legal system (several).
One female juror noted that she works for a female tech CEO and would be biased against Holmes because not that many women that get to that level in Silicon Valley and she was disappointed by what she'd read about Theranos.
(Yes we are still going.)
yes we are stilllll going, 2.5 hours after this was supposed to wrap for the day. the lawyers are having a sidebar.
It was hard to hear in the gallery and the spillover room had better audio, so many of us missed the best line of the day. A potential juror - the same one who said she was biased because of Holmes’ impact on women founders - also commented on her turtlenecks⤵️

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More from @eringriffith

8 Sep
So the start-up fraud trial of the decade is about to begin.

Hope everyone’s ready, we’ve got three months of this then we start over again with Balwani.

In the meantime, here’s a thread of some stuff to read about it:
The understated headline that started it all

Hot Startup Theranos Has Struggled With Its Blood-Test Technology
wsj.com/articles/thera…
The final days of Theranos, with a special appearance from Balto

vanityfair.com/news/2019/02/i…
Read 39 tweets
28 Jul
the tech buzzword hype cycle plays out the same way every time.

FIRST, a startup breaks out and VCs rush to fund it.
then a bunch more startups spring up
now the big tech companies need a strategy. maybe they make a big splashy hire or launch a new division
Read 9 tweets
3 May
Opening arguments for Epic vs. Apple will begin shortly. I'm here in the courtroom and can report that Epic CEO Tim Sweeney has ditched his cargo shorts and t-shirt for a suit. 🕴️

Read our preview of the trial here: nytimes.com/2021/05/02/tec…
And given that it's #WorldPressFreedomDay - shoutout to @leah_nylen for pushing to get better press access to this trial given covid restrictions. here we go!
@leah_nylen Epic's lawyers are running through a series of emails between Steve Jobs, Tim Cook, Phil Schiller, Eddy Cue and other Apple execs to make the case that the App Store was designed as a "walled garden" that locks people in.
Read 42 tweets
13 Mar
FOMO, YOLO, NFT, SPAC! It's bubbles on bubbles. nytimes.com/2021/03/13/tec…
Why are we suddenly surrounded by investment manias?
-Pandemic stimulus + Fed printing money = lotta $$$ sloshing around
-Stocks expensive, bonds not attractive, everyone's chasing risk
-Day trading becomes a pandemic pastime
-Each mania is weirder and wilder than the last
Where does this go from here?
-The economy is roaring...
-Not many ppl see systemic risk...
-Vaccines could lead to a new roaring 20s...
-Bubbles, while risky, also lead to major technological shifts
Read 4 tweets

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