In 2015, Theranos startup was considered one of the most successful in the world. His estimated value reached $ 9 billion, and the fortune of his 22-year-old founder Elizabeth Holmes was estimated at $ 4.5 billion.
However, the project soon burst like a soap bubble. Millions of investments by investors evaporated, the company’s shares depreciated, and Holmes was accused of fraud.
Theranos rapid blood test system has been nicknamed the big scam of our time. Continue reading