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    holmes sentenced

    Disgraced Theranos CEO Elizabeth Holmes begins prison sentence just 90 minutes from her hometown of  Houston

    Steven Devadanam
    May 30, 2023 | 8:51 pm
    Elizabeth Holmes

    Elizabeth Holmes, pictured on November 18, is now incarcerated.

    Photo by Justin Sullivan/Getty Images

    A longtime Houstonian is coming home — to jail.

    Elizabeth Holmes, the disgraced founder of blood-testing startup Theranos, reported to F.P.C. Bryan, on Tuesday, May 30, per multiple news outlets. She is set to serve 11 years and three months in the women's minimum-security prison located some 90 minutes from Houston hometown.

    According to the the New York Times, the onetime Tanglewood resident arrived at the prison in a Ford Expedition that appeared to be driven by her mother, Noel Holmes. Her father, Christian Holmes, appeared to be inside.

    The Times adds that after some shuffling around, out of the view of the cameras gathered nearby, Holmes entered the facility wearing jeans, glasses and a sweater, and carrying some papers.

    Prior to her arrival in Bryan, Holmes, 39, spent Memorial Day weekend with her family on the beach near her oceanfront San Diego home with her partner Billy Evans and their two children, according to the Daily Mail.

    As CultureMap previously reported, Holmes was sentenced to more than 11 years in prison on November 18, 2002 in San Jose, California following her conviction in January that year for defrauding Theranos investors.

    Actress Amanda Seyfried, who played Holmes in the Hulu series The Dropout, shared her thoughts on the woman she portrayed to great acclaim. “Life’s not fair,” Seyfried noted on Good Morning Americaon Tuesday, “but in a lot of ways, it’s fair. For her, in particular.”

    Thrust into the spotlight as the new face of white-collar, Silicon Valley fraud, Holmes now serves as a warning to those who might consider a similar path, her sentencing judge made clear.

    “I suppose we step back and ask what is the pathology of fraud? Is it the refusal to accept responsibility or express contrition in any way?" Judge Edward Davila said during the ruling, according to Yahoo! Finance. "Perhaps that is the cautionary tale that will go forward from this case."

    Davila ordered Holmes to turn herself into custody on April 27, 2023.

    Specifically, Holmes' sentence is 11 years and three months in prison, with another three years of supervision after release. Additionally, Holmes and her ex-boyfriend and former Theranos COO Ramesh “Sunny” Balwani have been ordered to pay $452 million to their fraud victims.

    Once compared to disruptors and innovators Steve Jobs and Bill Gates, Holmes rose to fame by enticing investors with the promise that her Theranos could run hundreds of blood tests via a simple pin prick. Buzz for Theranos grew to the point that Theranos was valued at $9 billion, which made Holmes the world’s first self-made female billionaire.

    Yet, after securing more than $900 million in funding, Theranos was proven to be essentially bogus by the Wall Street Journal in 2015.

    Facing up to 20 years in prison, a tearful Holmes, who is pregnant, addressed the court. "I stand before you taking responsibility for Theranos," she said, per Yahoo. "I loved Theranos. It was my life’s work. My team meant the world to me. They wanted to make a difference in the world. I am devastated by my failings," she said. "Every day for the past years, I have felt deep pain for the people…those people who believe in us and those patients. I worked so hard to serve. I gave everything I had to try to to build...Theranos. Looking back, there are so many things I would do differently. I tried to realize my dream too quickly."

    Holmes is the subject of the aforementioned series, The Dropout, which centers on her early life in Houston, where she grew up in Tanglewood and attended St. John's School. Her father's layoff from Enron is presented as clearly an inciting incident in her life. As The Dropout depicts, Holmes would meet boyfriend/partner Ramesh "Sunny" Balwani, drop out of Stanford, and launch Theranos.

    One of the most memorable lines in the miniseries comes when a young Holmes plainly states her goals at a family gathering. "I wanna be a billionaire," she said plainly — a memorable and clearly prophetic statement.

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    telling stories

    Black-owned Houston bookstore opens new home in historic Third Ward space

    Craig D. Lindsey
    May 13, 2025 | 2:45 pm
    Kindred Stories bookshore Eldorado Ballroom
    Photo by Craig D. Lindsey
    Kindred Stories has moved to its new location.

    Even though its grand reopening will be held this Saturday, May 17, Third Ward bookstore Kindred Stories has already begun a soft opening at its new location inside the Eldorado Ballroom at 2310 Elgin Street.

    Since September 2021, the Black-owned bookstore was located on Stuart St., one of many businesses that came to life thanks to Project Row Houses’ Incubation Program. Last year, the nonprofit informed Kindred and the other business that they had to vacate their premises at the end of this month to allow new businesses to occupy the spaces.

    Thankfully, Kindred already had its eye on the Eldorado location, next to neighborhood eatery The Rado Market (which has a collection of cookbooks curated by Kindred). It’s a space previously held by Hogan Brown Gallery, which abruptly closed in December. “I had caught wind that this space might be available,” Kindred founder/owner Terri Hamm tells CultureMap.

    Hamm turned the moving process into a fun little event for her and her loyal customers. “Last Tuesday, we invited about 20 of our top community members that, you know, are always in the store and have really supported us all of the year,” she says. “We packed up all the books in the space in an hour and, then, we moved everything in an hour. So it was like the beautiful way to close out that space in the midst of the community that has really supported us throughout three-and-a-half years there. And we spent the last four days kind of unboxing and just getting all set up.”

    Hamm says the new location is certainly roomier (around 1200 square feet) than their previous spot, which was only 450 square feet.

    “There's more room to just spend time in the store,” she says. “I feel like that's the ideal bookstore experience, when you can go in and really take your time. I feel like in the other space, it was so small, people kind of felt like they were in a rush.”

    Although Kindred is open and ready to welcome anyone looking for Black-and-proud literature, Hamm insists they’re only 90 percent done. More light fixtures need to be installed. Plants and furniture have to be brought. They even have custom-made wallpaper that needs to be installed.

    “So, we have a few little things that need to happen,” says Hamm, “And, then, I feel like the space will be really, really ready – probably in another six months.”

    In the meantime, it’s business as usual. This month’s calendar of events includes various appearances from authors as well as a couple of book clubs. Hamm is looking forward to new bookworms coming in and discovering what Kindred Stories has to offer.

    “The bestsellers are selling,” she says, “But I feel like, in this space, people are going to get to discover a lot of under-the-radar titles, just because there's more space to see the books and explore.”

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