Who is Ramesh 'Sunny' Balwani, the ex-boyfriend of Elizabeth Holmes?


Leila Gharagozlou
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Mystery surrounds Ramesh Balwani, the former right-hand man and ex-boyfriend of Theranos chief executive Elizabeth Holmes.

Holmes was convicted in the US on Monday of defrauding investors in her blood-testing start-up. The high-profile case is being viewed as an indictment of Silicon Valley culture.

In her testimony, the fallen US biotech mogul accused Mr Balwani of being abusive.

Who is Ramesh Balwani?

Mr Balwani, more often referred to as Sunny, was born in 1965 in Pakistan to a Sindhi Hindu family who emigrated to the US. He studied information systems at the University of Texas at Austin.

Mr Balwani got his start in software as a sales manager for Microsoft. From there, and from what little is known about him, he moved to the dot-com world in the early 1990s where he joined a company called CommerceBid.com.

CommerceBid.com, at which he was president, was a platform created to drive down the cost of suppliers by creating a bidding war. According to reports, the young company was quickly bought for $225 million by a rival: Commerce One. Commerce One eventually went public and was valued at almost $20 billion.

Former Theranos COO Ramesh 'Sunny' Balwani. AFP
Former Theranos COO Ramesh 'Sunny' Balwani. AFP

Just a few years later the company became a victim of the dot-com bubble and collapsed. According to reports at the time, Mr Balwani left the defunct business with almost $40m.

When did he meet Elizabeth Holmes?

Little is known about Mr Balwani in the years between the failure of Commerce One and his eventual connection with Elizabeth Holmes and Theranos. What is known is that the two met while Mr Balwani, then aged 37, was pursuing a master's degree in computer science at Stanford University. Mr Balwani is said to have dropped out of the programme in 2008.

In 2009, he joined Holmes's company as president, taking on the day-to-day running of the business. He later became chief operating officer and had a romantic relationship with Holmes, which has been detailed in emails submitted to the court.

What did Holmes say in her trial?

In her testimony, Holmes made graphic and disturbing allegations that Mr Balwani verbally and sexually abused her. Although these accusations are unlikely to play a part in his own trial, the conversations between Holmes and Mr Balwani are expected to play a major role in the government's case that the two were co-conspirators.

Mr Balwani faces fraud charges, with his case scheduled to go trial next year. He has pleaded not guilty.

Indoor cricket in a nutshell

Indoor Cricket World Cup - Sep 16-20, Insportz, Dubai

16 Indoor cricket matches are 16 overs per side

8 There are eight players per team

There have been nine Indoor Cricket World Cups for men. Australia have won every one.

5 Five runs are deducted from the score when a wickets falls

Batsmen bat in pairs, facing four overs per partnership

Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.

Zones

A Front net, behind the striker and wicketkeeper: 0 runs

B Side nets, between the striker and halfway down the pitch: 1 run

Side nets between halfway and the bowlers end: 2 runs

Back net: 4 runs on the bounce, 6 runs on the full

Results

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7.40pm: Handicap (TB) Dh190,000 1,200m | Winner: Lavaspin, Richard Mullen, Satish Seemar

8.15pm: Maiden (TB) Dh165,000 1,200m | Winner: Kawasir, Dane O’Neill, Musabah Al Muhairi

8.50pm: Rated Conditions (TB) Dh240,000 1,600m | Winner: Cosmo Charlie, Pat Dobbs, Doug Watson

9.20pm: Handicap (TB) Dh165,000 1,400m | Winner: Bochart, Richard Mullen, Satish Seemar

10pm: Handicap (TB) Dh175,000 2,000m | Winner: Quartier Francais, Fernando Jara, Ali Rashid Al Raihe

 

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