Why Bill Gates’ Daughter Phoebe Thought She’d Be “New Elizabeth Holmes”

Watch:Melinda French Gates Addresses “Betrayals” in Bill Gates Marriage

Phoebe Gates once thought she’d excel as a medical entrepreneur. 

The daughter of Microsoft founder Bill Gates and ex-wife Melinda French Gates revealed that she came up with the idea for a Bluetooth tampon while studying at Stanford University, where she pitched her would-be company Renaissance for a business class. 

Phoebe hoped her product would analyze period blood to give instant insights so women could learn if they’re anemic, find out if their hormones are out of balance and receive other medical diagnoses without going to the doctor or getting a traditional blood test.

Though the pitch was ultimately rejected, the idea made the 22-year-old compare herself to Elizabeth Holmes—the former CEO of Theranos who was sentenced to over 11 years in prison after she was found guilty of fraud over the blood testing company.

“I’m all in this, because I’m doing all this repro health work, I’m also pre-med,” Phoebe told friend Sophia Kianni on the March 31 episode oftheir podcastThe Burnouts with Phoebe & Sophia. “This was our first big failure of many, many, many.”

But Sophia saw the potential, saying it wasn’t “that bad of an idea” since “who likes getting a blood test?”

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After the Downfall: What Elizabeth Holmes and the Theranos Team Are Up to Now

“I thought you were a genius,” Sophia recounted. “I thought Phoebe was the real legit Elizabeth Holmes.”

Phoebe agreed they had big dreams: “We’re like, ‘It’s going to be so crazy—we’re going to be the new Elizabeth Holmes.’ I was like, ‘Let’s start wearing black turtlenecks.'”

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In hindsight, the influencer believes she and Sophia only compared themselves to Elizabeth because they didn’t know a lot of women founders in Silicon Valley, adding, “It’s horrible that that’s the only female entrepreneur that’s literally known in the U.S.”

And in the end, Phoebe’s project didn’t come to fruition. 

“We had this whole grand idea, we go heads down for three weeks,” she recalled. “We kind of go off the face of the Earth and everyone thought we were in love with each other, that we had basically docked ourselves from social life.”

However, Phoebe—who debuted her romance with Paul McCartney‘s grandson Arthur Donald last year—realized that the pair’s business plan flopped because they didn’t have answers prepared for some “pretty key questions,” such as what problem the product solved, how it would make money and why they would be the right people to make it.

“We get flat-out rejected from that class, which was honestly a really good reality check for us,” she added. “Luckily, Stanford has the all-access entrepreneurship class that anyone could get into.”

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Read on to learn more about celebrities with kids who grew up in the spotlight.

Jodie Sweetin & Zoie Herpin

The Full House alum appears with her look-alike eldest daughter (left) and daughter Beatrix during a trip to Jamaica in 2023.

Yolanda Hadid & Gigi Hadid

Like mother like daughter. After becoming a household name on The Real Housewives of Beverly Hills, the former supermodel Yolanda Hadid‘s daughter Gigi Hadid broke into the fashion industry as a teen and has been rocking runways ever since.

Clint Eastwood & Scott Eastwood

Clint Eastwood‘s fifth child, son Scott Eastwood, has followed in his movie star footsteps by starring in films like Suicide Squad, Snowden, The Fate of the Furious and Pacific Rim.

Jon Bon Jovi & Jake Bongiovi

The Bon Jovi singer and his third child is his mini-me. Pictured: The two appear on either sides of with the musician’s wife, Dorothea Bongiovi, and their youngest son Romeo Bongiovi at the Jefferson Awards Foundation’ 2017 DC National Ceremony at the Capital Hilton in Washington, DC. in 2017.

Katie Holmes & Suri Cruise

The look-alike duo is all smiles while attending a 2016 performance of Finding Neverland in the Big Apple. 

James Marsden & Jack Marsden

Woah, the Marsden men’s resemblance was uncanny at the 2017 SAG Awards.

Sienna Miller & Marlowe Sturridge

The Alfie star’s daughter, whom she shares with ex Tom Sturridge, joined her mom for a rare public outing in London in April 2025.

Kim Zolciak & Brielle Bierman

Double take! The Real Housewives of Atlanta alum’s  daughter looks like her younger sister!

Cristiano Ronaldo & Cristiano Ronaldo Jr.

The soccer star has the cutest plus-one ever at the London premiere of Ronaldo.

Christie Brinkley & Sailor Brinkley-Cook

Sailor is taking after her mom in the modeling industry.

Kate Moss & Lila Moss

And Kate’s daughter is also following in her mom’s famous footsteps.

Reese Witherspoon & Ava Phillippe

Here posing for an Instagram snap before the Hot Pursuit premiere in Los Angeles, mom and her daughter have never looked more alike!

Lisa Bonet & Zoë Kravitz

Like mother, like daughter. The two attend the Vanity Fair Oscars party in 2015.

Rumer Willis & Demi Moore

With their matching jumpsuits, sleek hair and glasses, the two look more like twins than mother and daughter! “That moment when you realize you actually are becoming your mother #twinning #imnotmad,” Willis joked on Instagram.

Madonna & Lourdes Leon

Pictured here in 2010, the pop icon’s daughter is a fashionista just like her mama!

David Beckham & Brooklyn Beckham

You’ll get a kick out of how much the soccer star and his son look alike.

Kelly Ripa & Lola Consuelos

The spunky morning show host celebrated her daughter’s 14th birthday with this adorable pic. Look at that resemblance!

Uma Thurman & Maya Hawke

Once upon a time in Hollywood…the Kill Bill actress twinned with her daughter on the red carpet.

Jay Z & Blue Ivy Carter

Little Blue stole the show at the 2017 Grammys, and she’s totally #twinning with her pops!

Alison Sweeney & Megan Sanov

The Days of Our Lives star and her daughter get in the holiday spirit at Disney On Ice Presents Frozen at the Staples Center. 

Lily-Rose Depp & Vanessa Paradis

The mother-daughter pair looked like virtual twinsies (especially with those matching bobs) at the Chanel fall-winter Haute Couture show in Paris.

Julianne Moore & Liv Freundlich

The Oscar-winner and her daughter both rock the red hair.

Robin Wright & Dylan Penn

The nearly identical stunning stars even dress the same!

Lori Loughlin & Olivia Giannulli

The Fuller House star and her daughter are practically twins at the Summer TCA Press Tour. 

Daniel Day-Lewis & Gabriel-Kane Day-Lewis

The Last of the Mohicans and Lincoln star’s young adult son, whose mother is French actress Isabelle Adjani, made his big runway debut at 2015 Paris Fashion Week, walking into the Chanel show with Julianne Moore.

Gillian Anderson & Piper Maru Klotz

The two stunned on the red carpet at the Olivier Awards in London.

Kaia Gerber & Cindy Crawford

If you didn’t know better, you might’ve guessed they were sisters!

Tom Hanks & Colin Hanks

This apple certainly doesn’t fall far from the tree!

Mamie, Grace and Louisa Gummer & Meryl Streep

Mammia Mia! You can certainly see the family resemblance.

John Legend & Luna Legend

The EGOT winner posted this baby photo of himself, looking exactly like baby Luna on Oct. 6, 2017

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View More Photos From Stars & Their Mini-Me Kids

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