News: 0177434837

  ARM Give a man a fire and he's warm for a day, but set fire to him and he's warm for the rest of his life (Terry Pratchett, Jingo)

Theranos Fraudster's Partner Launches His Own Blood-Testing Startup (thedailybeast.com)

(Saturday May 10, 2025 @09:49PM (EditorDavid) from the if-at-first-you-don't-succeed dept.)


"The romantic partner of Theranos fraudster Elizabeth Holmes has launched a start-up that sounds eerily similar to the venture that landed his girlfriend behind bars," [1]writes The Daily Beast .

He's incorporated "Haemanthus" in Delaware a year and a half ago (though the company operates out of his neighborhood in Austin), according [2]to the New York Times . Haemanthus appears to have around 10 employees.

From The Daily Beast :

> California hotel heir Billy Evans' new company is a blood-testing firm that markets itself as "the future of diagnostics," offering "a radically new approach to health testing," according to The New York Times. In other words, exactly what Theranos said it would do. Holmes is even advising the start-up from the Texas prison where she is serving out an 11-year prison sentence for fraud, sources [3]told NPR ... Evans has managed to raise nearly $20 million in funds from both friends and established investors in Austin and San Francisco, according to the investor materials.

The Times reports that Evan's company "plans to begin with testing pets for diseases before progressing to humans, according to two investors pitched on the company."

And [4]TechCrunch reminds readers that Elizabeth Holmes said in a [5]recent interview "that she remains 'completely committed to my dream of making affordable healthcare solutions available to everyone.'"



[1] https://www.thedailybeast.com/theranos-fraudsters-boyfriend-fundraising-for-new-blood-testing-company/

[2] https://www.nytimes.com/2025/05/10/business/elizabeth-holmes-partner-blood-testing-startup.html

[3] https://www.npr.org/2025/05/10/nx-s1-5393950/elizabeth-holmes-theranos-billy-evans-blood-testing

[4] https://techcrunch.com/2025/05/10/elizabeth-holmes-partner-reportedly-fundraising-for-new-blood-testing-startup/

[5] https://people.com/elizabeth-holmes-breaks-her-silence-in-first-interview-from-prison-it-s-been-hell-and-torture-exclusive-8789737



“Investors” (Score:3)

by sonicmerlin ( 1505111 )

Sure are a lot of stupid people with money these days.

Re: (Score:2)

by Mr. Dollar Ton ( 5495648 )

The truly stupid are those, who vote against taxing those "investors" enough and for greenspaning them with even more government-printed free money instead.

I think he'll do okay (Score:2)

by rsilvergun ( 571051 )

At this point the super wealthy know to avoid getting scammed by him and he's probably smart enough not to scam them anyway. Meanwhile it's been a while so he can probably find plenty of people to scam but have not heard of Elizabeth Holmes and Theranos.

The key to these kind of scams is to make sure they don't get so big that you attract the attention of the 1% and then if you do you need to make sure that the 1% understand that it's a scam so that they don't lose any money. As long as you protect those

Re: (Score:2)

by Mr. Dollar Ton ( 5495648 )

> At this point the super wealthy know to avoid getting scammed by him and he's probably smart enough not to scam them anyway.

At this point with all the gutting of the control function of the government that's going on, and with at least 3.5 years more of it on the horizon, it is the best time to try and sell to "investors" as many fakes and scams as possible.

Just a timely business opportunity (Score:1)

by cosmicl ( 1034776 )

with RFK Jr as Secretary of Health and Human Services, a flake nominated for Surgeon General, the Consumer Financial Protection Bureau gutted, and ponzi schemes such as crypto on the rise.

Re: (Score:2)

by sound+vision ( 884283 )

I'm reminded of [1]a post [slashdot.org] I read earlier today:

> When I hear the word "grift", I know everything about the posters politics and the angle they are coming from.

They've managed to convince people that the concept of scamming - the very words used to describe it - are myths. I guess that's the only place left to retreat to, mentally, when you realize all your heroes are lying to you. The pain must be so deep that merely reading about a grift gets them triggered.

[1] https://slashdot.org/comments.pl?sid=23688325&cid=65366645

But ... think of the children (Score:2)

by fahrbot-bot ( 874524 )

> Theranos Fraudster's Partner Launches His Own Blood-Testing Startup

What will happen to Billy's and Elizabeth's 2 kids once their *both* in prison?

Re: (Score:2)

by fahrbot-bot ( 874524 )

s/their/they're/

(sigh)

Drop in any mailbox.