How did Sunny balwani make his money?
How did Sunny balwani make his money?
Ramesh “Sunny” Balwani (born c. 1965) is an American businessman and former president and chief operating officer of Theranos, which was a privately held health technology company founded by his then-girlfriend Elizabeth Holmes.
What happened to Sunny from Theranos?
Ramesh “Sunny” Balwani was found guilty of 12 counts of wire fraud and conspiracy to commit wire fraud stemming from his time at the blood-testing startup.
Did sunny balwani invest $20 million in Theranos?
He Invested $13 Million Into Theranos “It was interest-free. It was a good-faith loan.” Six months later, in late 2009, Balwani was made the president and COO of the company, in spite of the fact he didn’t have experience in science or lab testing.