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These days, blood-testing startup Theranos is on its last legs.
But in 2014, the billion-dollar company and its CEO, Elizabeth Holmes, were on top of the world. Back then, Theranos was a revolutionary idea thought up by a woman hailed as a genius who styled herself as a female Steve Jobs. Holmes was the world’s youngest female self-made billionaire, and Theranos was one Silicon Valley’s unicorn startups.
Then it all came crashing down.
The shortcomings and inaccuracies of Theranos’s technology were exposed, along with the role Holmes played in covering it all up. Theranos and Holmes were charged with massive fraud, and the company was forced to close its labs and testing centers.
This is how Holmes went from precocious child to ambitious Stanford dropout to embattled startup CEO.
SEE ALSO: Leaked video shows Theranos employees playing the video game they created where you shoot at the reporter who exposed the startup’s problems
Source: Elizabeth Holmes/Twitter, CNN, Vanity Fair
Source: CBS News
See the rest of the story at Business Insider
from SAI https://read.bi/2Hl49Jg