Read Theranos Founder Elizabeth Holmes Business Rules – Business Insider

  • On Monday, Elizabeth Holmes testified that Ramesh Balwani, her ex-boyfriend and former president and COO, was abusive.
  • Submitted evidence includes handwritten instructions Holmes claims Balwani wrote, per The Verge
  • The note includes advice such as spending at least 80% of time on things “most important to cash flow.”

Theranos founder Elizabeth Holmes said her ex-boyfriend and former Theranos president and COO Ramesh “Sunny” Balwani wrote her a list of instructions about how to conduct business as she testified that he was abusive on Monday. 

A lawyer for Balwani that attended Holmes’ testimony denied the abuse allegations against his client, The Wall Street Journal previously reported

The three-page document includes edicts such as “I will only spend time on things that are most important to cash flow…,” “I will never meet with anyone (direct report especially) for more than five minutes unless I have written down why,” and “create a file for each person you deal with.” 

On the stand, Holmes identified the note as containing Balwani’s handwriting and testified that he told her on multiple occasions that she needed to “become a new Elizabeth” in order to succeed in life and business.  

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