If you have thoughts of suicide, confidential help is available for free at the National Suicide Prevention Lifeline. Robertson did not respond to these cases. Other key witnesses included former employees of Pfizer, former Safeway CEO Steve Burd and a litany of Theranos investors, including a representative for the family investment firm of Betsy DeVos, the former education secretary under President Donald Trump. Take Channing Roberston as an example (see Chapter 12). In 2002, he met Elizabeth Holmes during her first year at school. The indictment indicates that misrepresentation of financial and other information continued. Channing Robertson is the absolute worst in this story for me and although maybe he did not break laws to go to jail, i hope he never gets to show his face in polite society again. The former entrepreneur is facing U.S. government allegations that to she bamboozled investors and patients into believing that her startup, Theranos, would reshape health care. Ian Gibbons was also persuaded to join Theranos. But when his grandson, Tyler, joined the company in 2013, he raised concerns about the companyonly to be silenced by his grandfather. The grandfather-grandson duo exists in real life, and their story is as complicated as it seems in The Dropout. One thing is pretty clear, she chartered her own course. Join half a million readers enjoying Newsweek's free newsletters, Amanda Seyfried Transforms Into Elizabeth Holmes in Hulu's 'The Dropout'. There is another ghost no one is talking about, his name is Channing Robertson, Stanford Professor who dubbed E Holmes as the new Einstein Robert says: Comment by Robert on March 20, 2018 at 10:56 pm Presbyterian and UnityPoint propose latest cross-market hospital merger. She is currently awaiting sentencing, which is scheduled for September 2022. The supporters According to his wife, he disappeared after boarding a plane with Gulmohar Movie Review -The Hindi film "Gulmohar" was written and directed byRahul Chittella, who also co-wrote the screenplay withArpita Mukherjee. And what was the follow up to ensure financial projections were accurate? Jobs backed Wozniak. Robertson was one of the stars of the Stanford faculty. Those investments at one point valued Theranos at $9 billion, giving Holmes a $4.5 billion fortuneon paperin 2014. Shriram Center Room 129 But the board you hear about came together in 2011 after she landed the support of [the dean of Stanford's engineering school] Channing Robertson, who helped her put her board together. Steve Jobs envisioned things that were challenging and expensive, not impossible. I mean, a 19-year-old dropout founded a medical company that fooled investors, doctors, and journalists? And in Carreyrous telling, Robertson was easily placated by periodic rosy updates from Holmes. 446 Major Mackenzie Drive East Holmes, who Channing Robertson, a prominent Stanford professor, had once called "a Steve Jobs or a Bill Gates" (Parloff, 2014), became the object of scorn and ridicule. ET: This article was updated to note Holmes' decision to testify and what she said to open her testimony. Robertson didnt answer to these cases. Four of them are members of the National Academy of Engineering, a part of the National . No amount of money could have accomplished that visionthe underlying technologies hadnt even been invented yet. Robertson was paid a reported $5000,000 each year for his job as a consultant, according to John Carreyrous non-fiction book Bad Blood: Secrets and Lies in a Silicon Valley Startup, which exposes Theranos fraudulent activities. The Dropout on Hulu stars Dear John's Amanda Seyfried as convicted fraudster and former chief executive officer (CEO), Elizabeth Holmes. Registration confirmation will be emailed to you. We have no more Information about his Father; we will try to collect information and update soon. The larger than life personality was a venture capitalist who had a knack for betting on the right businesses. The decision to have Holmes testify so early in her defense was a bombshell development. Above, Holmes (left) and Alan Murray speak at the Fortune Global Forum at the Fairmont Hotel on November 2, 2015, in San Francisco, California. I was wondering that how did Holmes apply convincing strategies attract other people working for her with loyalty? Is that person legit? Nhat V. Meyer/Bay Area News Group/AP Photo. It was a comparison Holmes thrived on and cultivated in what she wore and in her mimicked behavior. The idea of Jobs spawns visions of fame, wealth and success that create a halo effect for someone who has yet to prove his or her products can be made or can deliver on what is promised. Reporting from the frontiers of health and medicine, You've been selected! As for attaching any Steve Jobs comparisons to any budding entrepreneur, it is foolhardy. His preliminary ended in January 2022 and he now awaits sentencing. Fuisz then listed Gibbons as a witness to be deposed to answer questions about Theranos as he was largely credited as a co-inventor alongside Holmes on many of Theranos' patents. Soon after her first round of fundraising Holmes hired people with appropriate technical expertise, but their influence with Holmes waned as the companys attempts to miniaturize blood assaying stalled. The line is available 24 hours every day. The Dropout follows Elizabeth Holmes (Amanda Seyfried) as she exits Stanford and structures her own biotech organization, Theranos. Where could Channing Robertson Now be? Robertson was an Emeritus Professor of Chemical Engineering at Stanford University, and he worked at Theranos and served on its board until 2018. In January 2022 Holmes was convicted on four counts of defrauding investorsthree counts of wire fraud, and one of conspiracy to commit wire fraud and faces up to 20 years in prison. Robertson's clearly presented factual and technical evidence was highly persuasive, and Klein's clients were awarded a total of $33 million in compensatory and punitive damages. Holmes has the help of her lecturer, Channing Robertson, in her search. Gibbons, a British biochemist and University of Cambridge graduate, had worked for Theranos since 2005, two years after Stanford dropout Elizabeth Holmes founded the company. In any case, Theranos was disintegrated in 2018, and Holmes turned into the subject of a claim prosecuting her on extortion charges. Balwani is almost too good of a TV character to have come from someone's imagination. After seeking the advice of other experienced tech executives, Jobs hired Mike Markkula, who almost immediately hired Mike Scott as CEO. Call 1-800-273-8255. As Holmes' lawyers noted, the part-time lab directors were allowed under government regulations. Today millions of consumers use Envirogards affordable and imaginative products for providing clean and safe drinking water, process water or water for food service applications. Holmes had an end justifies the means leadership style. Elizabeth Holmes (L) and Alan Murray speak at the, Fortune Global Forum at the Fairmont Hotel on November 2, 2015 in San Francisco, California. It creates false confidence that can miss or not address inevitable human weaknesses that can derail a company if unattended, as Holmes criminal indictment reinforces. 2 position at the blood-testing startup that turned out to be too good to be true. Richmond Hill, ON L4C 1J2 Canada, [emailprotected] Channing Rex Robertsonis Emeritus Professor of Chemical Engineering at Stanford University. But from Sunny Balwani's unorthodox leadership style to Tyler Shultz's brazen determination to reveal Theranos's fraud, the story of Theranos is rooted in deep fact (and a lot of bruised egos. He described her abilities as akin to looking into the eyes of Steve Jobs. Robertson was an Emeritus Professor of Chemical Engineering at Stanford University, and he worked at Theranos and served on its board until 2018. During Holmes' defense, her lawyers are likely to argue that she never broke the law while pursuing her ambitions to change how blood-testing was done with something she billed as a revolutionary technology. The Theranos fraud was ultimately enabled, not by any ordinary technological Channing Rex Robertson is an American teacher most popular for serving on the board of directors of the now-defunct biotech organization known as Theranos, established by Robertsons deputy Elizabeth Holmes. However, several colleagues lobbied on his behalf and he was rehired, as a technical consultant. On July 7, 2022, Balwani was found guilty of nine counts of wire fraud and two counts of conspiracy to commit wire fraud. We have no more information about his spouse. Actress Jennifer Lawrence, the star of American Hustle, will play Theranos founder Elizabeth Holmes in an upcoming film. When Does it Take Place? The owner of a large number of patents, he eventually ran afoul of the young founder by allegedly using one of her patents without permission. While the black-turtleneck-clad Holmes graced magazine covers and spoke before adoring crowds, Balwani, her former boyfriend, stayed in the shadows. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window). Ku is based on the real Ku that still works in Silicon Valley. And, when her mistakes were evident, their ownership in working with her to learn the CEO ropes didnt seem part of their job description. The highly respected Channing Robertson, Holmes Stanford professor and Theranos board member, does not appear to have spent time with the development team to help overcome stumbling blocks or to debate the rationale of the technology. He then recruited elder statesmen and military and business leader colleagues to join him. var _bizo_ad_height = "90"; 'The Dropout' Doesn't Need to Invent Its Insanity, Ex-Theranos President Sunny Balwani Sentenced. But the next act of Silicon Valleys biggest blow-up rests on a mysterious tech entrepreneur with almost no digital footprint. 2. Holmes immature board view had an amoeba-like, shape-shifting capacity designed to accomplish her goals: The early years of the company would have been a critical time to exercise oversight in supporting a CEO in her twenties (with little, if any, relevant leadership training or experience) in the inevitable challenges ahead. In her journey, Holmes gets support from her teacher Channing Robertson. houses for rent in new orleans gentilly area section 8; george harrison xanthis; room service menu jw marriott marco island late Steve Jobsare what gave Theranos its power in the public eye. Gardner is a real professor at Stanford and did indeed have a run-in with Holmes before she rose to Theranos fame. Robertson filled in as the Professor of Chemical Engineering at Stanford University. Steve Jobs famously said that its really hard to design products by focus groups; a lot of times, people dont know what they want until you show it to them. But that doesnt mean that he didnt want to please his customers. In 1970, he began working as a lecturer at Stanford after earning his Ph.D. under Andreas Acrivos. channing robertson salary at theranosavengers fanfiction peter sexually abused by teacher. Theranos' first board member, Emeritus Professor of Chemical Engineering Channing Robertson, taught Holmes at Stanford University before she dropped out. According to lawyer Reed Kathrein, who sued Theranos on behalf of some of its former investors, the company only paid Robertson to lend itself credibility. Justin Kirkland is a Brooklyn-based writer who covers culture, food, and the South. Later, Jobs visions for the Lisa and Mac were anchored on the fully functional GUI operating system he had seen at the Xerox Palo Alto Research Center (PARC). Channing Rex Robertson is an American professor best-known for serving as a board member on the now-defunct biotech company known as Theranos, founded by Robertson's student, Elizabeth Holmes. Former board chair, venture capitalist Donald Lucas, Sr., and others were struck by what they saw as parallels between Holmes and Jobs. They probably will go beyond that threshold, predicted Jessica Roth, a law professor at Yeshiva University in New York. 443 Via Ortega Elizabeth Holmes200319Theranos Theranos . Beirut (2018) Political Movie Recap And Ending Explained. Its unclear if they were captivated by her vision, or by the considerable return on investment if she succeeded.or both. unemployment method sauce Nuvina Special - Thp cc dinh dng Cao Cp - V Khng ng 195.000 ; wilson combat 350 legend magazine Nuvina Special - Thp cc dinh dng Cao Cp - V t ng 195.000 ; less competitive speech pathology graduate programs 2020 Dng Sn Phm Kim Sot Cn Nng 250.000 Weve long known that Elizabeth Holmes was in trouble, and last Friday federal prosecutors brought criminal charges against the founder of Theranos for defrauding investors and deceiving patients and doctors. Spiky TV's senior news writer is Stephan Gibbs. She only wore black turtlenecks and drank green . Also, we have no information about his son and daughter. None of the witnesses seemed to harbor anger or a grudge against her. Three years later, on May 15, 2013, Gibbons was called to testify as a witness in a lawsuit about Theranos technology. (She retained those titles in the nearly bankrupt company till now,relinquishing only her CEO titleon Friday.). Bad Blood: Secrets and Lies in a Silicon Valley Startup. Wallis Day in Sex/Life Season 2 -Sex/Lifeis an American drama streaming television series created byStacy RukeyserforNetflix. Heres beginning and end we are familiar Channing Robertson! In real life, George eventually offered an apology for his putting the company first and praised his grandson. When it comes to medical fraud and malpractice, endangering peoples lives, Walgreens Officers are just as criminally liable as Elizabeth Holmes. Every product was carefully curated by an Esquire editor. However, the velvet glove was evident in 2007 when Holmes asked former board chair Lucas to obtain the resignation of former Apple executive, By late 2015 board prestige seemed secure.

var _bizo_p = (("https:" == document.location.protocol) ? Gibbons was brought on board by Emeritus Professor of Chemical Engineering at Stanford and Theranos board member Channing Robertson (played by Bill Irwin), who remained on the board of Theranos until 2017. Also a mentoring force, Lucas served as a board member for Theranos for years before he started doubting Holmes. In their cross-examination of government witnesses, Holmes' lawyers have repeatedly tried to vilify Balwani. He also persuaded Ian Gibbons to work at Theranos. After the Downfall: What Elizabeth Holmes and the Theranos Team Are Up to Now. (905) 884-9388 Contact chanbo@stanford.edu Links Channing Robertson Biomimetic Design: What Nature Can Teach Us About Speed | 5/1/2019 His expert testimony about the addictive properties of cigarettes had forced the tobacco industry to enter into a landmark $6.5 billion settlement with the state of Minnesota in the late 1990s. Where the Cast of 'Boy Meets World' Is Now, Don't Despair, But 'The Last of Us' Is Nearly Over, 'The Last of Us' Season 2 Might Start Filming Soon, Facts You Didn't Know About That '70s Show, The Cast of 'The Mandalorian' in Real Life, 'The Mandalorian' Season 3, Episode 1 Recap, 'The Mandalorian' Season 3 is About to Commence. Opinions expressed by Forbes Contributors are their own. Categories + 18moretakeoutthe remedy diner, tupelo honey, and more; It was perhaps just as notable whom the government didn't summon to the stand from the list of nearly 200 potential witnesses that it submitted before the trial began. Along with Esquire, his work has appeared in NYLON, Vulture, and USA Today. As a result, viewers must be interested in learning more about Channing Robertson and what happened to him after Theranos demise. A copy of Theranos' 2015 tax return presented as part of the trial evidence showed the company had revenues of less than $500,000 that year while reporting accumulated losses of $585 million. Chemical Engineering Stanford University While we already knew that she adopted Jobs trademark black turtleneck, we learn from Carreyrou that she referred to her companys blood testing product as the iPod of healthcare. She moved about in a black car without license plates, as Jobs had. In September, Theranos was dissolved. Both Mikes had successfully led major projects and operations at high-profile semiconductor companies. The Estimated Net worth is $80K USD $85k. He obtained his Ph.D. under Andreas Acrivos and began teaching at Stanford in 1970. Gael OBrien, a Business Ethics Magazine columnist, is an executive coach and presenter focused on building leadership, trust, and reputation. As of now, Robertson serves as Professor Emeritus at Stanford and recently taught a course on energy myths at the prestigious school. He took those observations back to the small team working on the Apple II, which led to the teams brilliant inclusion of keyboard, TV driver, cassette interface and BASIC software. His wife, Rochelle Gibbons, told Vanity Fair that after the call, Gibbons asked "Elizabeth wants to meet with me tomorrow in her office. var _bizo_ad_width = "728"; Perhaps you can return back to the sites homepage and see if you can find what you are looking for. channing robertson salary at theranos Channing Robertson, a Stanford University professor who joined Theranos's board, told her that her ideas were "very promising," Ms. Holmes testified. Attorney Reed Kathrein who addressed the financial backers who sued Holmes asserted that Robertson was employed only to give believability to Theranos. Some observers will perceive Irwin for his work as Cary Loudermilk on the FX series Army. We see a world in which everyone has access to actionable health information at the time it matters.a world in which no one has to say goodbye too soon. However, when she allowed unreliable analyzers to be used commercially to run blood tests, she jeopardized patients health and safety, compromising the ability of doctors to make accurate diagnoses. Nonetheless, Robertson stayed steady of the organizations part in growing new innovation. Robertson filled in as the Senior Associate Dean for Faculty and Academic Affairs in Stanfords School of Engineering. He is obsessed with movies, comic books, and television shows, and he spends much too much money on collectibles. [8] References [ edit] Stanford, CA 94305 But no one can succeed in the monumental tasks she set for herself without the requisite leadership and technical skills. And so because of that, they were very powerful witnesses.". One of the greatest of those deceptionsor was it a delusion?was Holmes portrayal of herself as the next Steve Jobs. The highly respected Channing Robertson, Holmes' Stanford professor and Theranos board member, does not appear to have spent time with the development team to help overcome stumbling blocks or . He received his Ph.D. from Stanford under the supervision ofAndreas Acrivos. Gibbons was brought on board by Emeritus Professor of Chemical Engineering at Stanford and Theranos board member Channing Robertson (played by Bill Irwin), who remained on the board of Theranos . Excellent article. Sadly, that same evening, Ian Gibbons attempted suicide and was found the following morning by his wife. Despite this, Theranos was dissolved in 2018, and Holmes was named in a lawsuit accusing her of fraud. In 2017, Robertson was delegated as co-head of Theranos' lead innovation advisory body. Irwin is known for his showings in different movies and shows, for example, Superstars!, The Manchurian Candidate and Regulation and Order: Special Victims Unit. Prosecutors also questioned two part-time lab directors, including Balwani's dermatologist, who spent only a few hours scrutinizing Theranos' blood-testing technology during late 2014 and most of 2015. I write about leadership in a startup environment. STAT, where have you have been on this story up until now? channing robertson salary at theranos. What is Daisy Jones and the Six based in? Irwin is known for his exhibitions in different movies and shows, for example, Superstars!, The Manchurian Candidate, and Regulation and Order: Special Victims Unit. Some watchers will perceive Irwin from his job as Cary Loudermilk in the FX series Army.. Please enter your username or email address. In 2002, he met Elizabeth Holmes during her first year in school. In 2010, when Gibbons went to the board of Theranos to discuss the problem of the failing blood-testing device, with Holmes signing multi-million dollar deals with investors, he was fired. In The Dropout, entertainer Bill Irwin expositions the job of Channing Robertson. I'm going to pull back the curtain on this whole, take a drop of blood and save the world concept." Before long, Theranos was the subject of extreme media scrutiny and questions were raised about the . But it's unlikely that he was as core to the Theranos operation as the series makes it seem. In a separate interview with CBS News, Rochelle Gibbons paid tribute to her late husband. The mothers name is Not Available. Published by at June 22, 2022. "); AP's earlier story follows below. Within a few years of its founding all had been fired for raising questions or had left in disgust. Theranos was soon the subject of significant media investigation, with questions raised about the companys work culture and claims. In her 2014 TEDMED talk Holmes had talked about her vision (and that of her company) for disrupting healthcare. By going live in their stores, without validating the technology, they endangered thousands of lives. Long story short, Dr. Gardner smelled the bullshit early on, in real life and on your small screen. to which she replied "Yes.". He retired from Stanford in 2012, becoming an emeritus professor but continuing to teach classes in the School of Engineering. Robertson was hired solely to add credibility to Theranos, according to Reed Kathrein, who represented the investors who sued Holmes. He eventually attempted suicide the day before he was set to give a deposition about Theranos and died shortly after from liver failure. channing robertson salary at theranos. Typically bolt upright in her chair and staring straight ahead, Holmes has remained impassive as even one-time supporters testified to their misgivings about her actions while leading Theranos. As per John Carreyrous verifiable book Ill will: Secrets and Lies in a Silicon Valley Startup, which uncovered the deceitful acts of Theranos, it was referenced that Robertson was paid a detailed $5000,000 every year for his job as a specialist. He is a founding fellow of the American Institute for Medical and Biological Engineering. Holmes needed to miniaturize by a hundred-fold the various machines required to perform the blood assays she claimed Theranos could perform in a box the size of a microwave oven. Before joining Theranos, Gibbons worked on diagnostic and therapeutic products at various technology companies. How self-styled wunderkind Elizabeth Holmes conned a blue-chip board into believing her blood-testing technology would be The Next Big Thing. He acquired his Ph.D. under Andreas Acrivos and started filling in as a teacher at Stanford in 1970. Joining Seyfried to tell the story of the rise and fall of Holmes and her health technology company Theranos is The Hobbit's Stephen Fry, who takes on the role of biochemist Ian Gibbons. They understood what Jobs was really about; Elizabeth Holmes did not. However, I am very curious to find answers to the question which is not addressed in this book: How did a start-up rise its valuation to $9 billion in the network of so many powerful and wealthy people? In 2015, Theranos was valued at $9 billion and with Holmes considered the youngest self-made billionaires in the US, she landed on Time magazine's list of the 100 most influential people. In a shocking twist, Elizabeth Holmes took the witness stand late Friday in her criminal fraud trial. Madhava's character has likely been bolstered up a bit with the real-life stories of several lab players. She dropped out of college at 19. Where was her accountability and verified proof of change? Yet Holmes forged ahead, entering partnerships with Walgreens and Safeway after telling them falsely that the Theranos machines could perform hundreds of tests from small blood samples. Thusly, watchers should be interested to find out about Channing Robertson and what befell him after Theranos fall out of favor. United States, The Ruth G. and William K. Bowes Professor in the School of Engineering, Emeritus, Introduction to Chemical Engineering | Lectures. So, Which Band Inspired 'Daisy Jones & The Six'? william lancaster obituary; how to open aegis bait station without key; rooms for rent in trenton, nj; Hello world! Dr. Rosan, a leading executive at Walgreens, really did fall for the Theranos scheme, going as far as to install some of the Theranos machines in Walgreens. She even engaged Apples advertising agency. Not much is been aware of Robertsons own life, and he likes to stay away from the media spotlight. Not surprisingly, it backfired. Speaking on the podcast, The Dropout, which the Hulu series is based on, Rochelle Gibbons revealed Holmes never offered any condolences in response to her husband's death. Channing Rex Robertson is an American teacher most popular for filling in as a board part on the now-dead biotech organization known as Theranos, established by Robertson's understudy, Elizabeth Holmes. You have entered an incorrect email address! In 'The Dropout,' actor Bill Irwin essays the role of Channing Robertson. After Jobs died, she aped things she learned about him from the Walter Isaacson biography. Jobs knew that it was possible to create the Apple II because Wozniak already had a working prototype. He has almost no internet presence, and the only verifiable photo that STAT could find of him was a grainy image from his 1988 college yearbook. During her first year of college in 2002, he met Elizabeth Holmes. In 2000, he was featured in a special issue ofUpside, entitled "100 People Who Have Changed the World". She said: "For me, he was as near to perfection as a human could be. Robertson joined the Theranos board of directors in 2012. Instead, she received an email from a Theranos lawyer requesting the immediate return of a Theranos laptop and any other Theranos equipment and paperwork. They are in relation from previous few years of a strong relationship. Are Monique and Derek From Love After Lockup Still Together? Gibbons is a real person, and his story might be the most devastating of the lot. channing robertson salary at theranoswashington state track and field recruiting standards. As of now, Robertson fills in as an emeritus teacher at Stanford and as of late shown a course Busting Energy Myths at the renowned school. She said Diseases often begin so much earlier than when symptoms appear. Nevertheless, Gibbons continued to work for Theranos with hopes of finding a scientific solution to the problem and making Holmes' claims a reality. By then, Holmes and Balwani had raised hundreds of millions of dollars from billionaire investors such as media mogul Rupert Murdoch and the Walton family of Walmart and struck deals with Walgreens and Safeway to conduct blood tests in their stores. As she said to the job applicant in 2011, I make all the decisions here. The designers didnt communicate with the engineers, who didnt communicate with the chemists, who didnt communicate with the designers. document.write(unescape("%3Cscript src='" + _bizo_p + "bizographics.com/show_ad.js?partner_id="+_bizo_ad_partner_id+"' type='text/javascript'%3E%3C/script%3E")); Copyright 2023 Business Ethics He pushed Holmes to pursue her idea and worked with Theranos as a consultant before joining the board of directors in 2012. In Bad Blood: Secrets and Lies in a Silicon Valley Startup, two-time Pulitzer Prize winner John Carreyrou, who two and a halfyears ago first raised questions about the blood testing companys technology, plumbs the appalling depth of Holmes deceptions. Photo by Max Morse for TechCrunch (TechCrunch Disrupt San Francisco 2014), Creative Commons license, via Wikimedia Commons. Most people, including me, wanted to see Elizabeth Holmes succeedrejoicing in the technology she envisioned and welcoming a role model for female entrepreneurs. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()), Greg Lonning Wiki, Biography, Age, Spouse, Net Worth, Fast Facts, Kjsmooth Wiki, Biography, Age, Spouse, Net Worth, Fast Facts. Adam Feuerstein is STATs national biotech columnist, reporting on the intersection of biotech and Wall Street. Brought on early as a chief scientist, Gibbons always knew that the Theranos device didn't work and, on a few occasions, tried to raise that concern to the Board of Theranos as well as its investors. He was 67-years-old. Though the company was steadily on the decline by 2018, Robertson believed in the project's potential and its worthiness in the medical community. The board let itself fall prey to the myth of the wunderkind. Your Privacy Choices: Opt Out of Sale/Targeted Ads. (Likely moreso.) microsoft corporate vice president salary; wta guadalajara 2022 schedule; channing robertson salary at theranos. His deposition was scheduled to take place two days later on May 17. People need to go to jail over this. 3. Apples cofounder Steve Wozniak was a gifted electronics engineer with whom Jobs vigorously debated design decisions. But, to his great credit, he knew it. And Mike Markkula and Mike Scott made sure the company turned out uniformly high-quality units. So, watchers should be interested to know more about Channing Robertson and what happened to him after Theranos fall from grace. The former Theranos CEO is attempting to refute the U.S. government's allegations that she mislead investors and patients into believing that her startup, Theranos, would reshape healthcare.. Her tragic error, Marketwatch columnist Francine McKenna wrote, was touting financial projections that never materialized based on technology that she never delivered., The obvious question Where was the board? becomes more complicated in privately-held companies where, in a situation like at Theranos, a founder is CEO, has close relationships with board members, gains control of voting rights and becomes chairman.