Reporter recalls pivotal story in Elizabeth Holmes’ stardom
Associated PressSAN JOSE, Calif. — The Fortune Magazine reporter whose cover story helped turn Elizabeth Holmes into a Silicon Valley sensation testified Thursday as to how he ended up feeling like a pawn in the entrepreneur’s promotion of what she called a revolutionary blood-testing technology. Bearing the headline, “This CEO Is Out For Blood,” the article propelled fundraising efforts that at one point valued Holmes’ fortune at $4.5 billion — just a few years before Theranos’ scandalous collapse in 2018. She also emailed Parloff documents that made it seem like Theranos’ technology had been endorsed by major pharmaceutical companies such as Pfizer that in actuality had already rebuffed Holmes’ overtures. Filled with glowing quotes from health care professionals and renowned Theranos supporters such as former U.S. Secretary of State Henry Kissinger, Parloff’s piece helped Holmes to woo billionaire investors.
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