Elizabeth Holmes Concludes Day 2 of Her Testimony

 Elizabeth Holmes Concludes Day 2 of Her Testimony

ImageElizabeth Holmes, the Theranos founder, leaving the federal courthouse in San Jose, Calif., on Monday.
Credit…Jim Wilson/The New York Times

SAN JOSE, Calif. — After weathering months of accusations that she lied to get money for her blood testing start-up, Theranos, Elizabeth Holmes, the embattled Silicon Valley entrepreneur who is on trial for fraud, sharpened her defense on Monday.

In just under two hours of testimony, Ms. Holmes pushed back against accusations that she had lied about Theranos’s work with drug companies. She also pointed the blame at the scientists and doctors who had worked at her start-up, saying she believed what they had told her about Theranos’s technology.

And throughout it all, Ms. Holmes’s defense bolstered the idea it has been pushing since the start of the trial: She may have made mistakes, but failure is not a crime.

“We thought this was…

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