Theranos Healthcare Start-Up. A Case Study

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Seminar paper from the year 2019 in the subject Business economics - Company formation, Business Plans, grade: 4.0, , language: English, abstract: "What do you dream will happen by 2025?" "That fewer people will have to say goodbye too soon to people that they love." Theranos, a healthcare start-up, that promised to revolutionize blood testing, diagnoses, and the treatment of diseases, that was founded by Elizabeth Holmes, a Stanford dropout, in 2003, when she was just 19 years old.Elizabeth Holmes was named one of the richest women and youngest self-made female billionaire in the United States by Forbes. She had a 50 % stake in Theranos, worth $4.5 billion, which was valued at $9 billion at that point. She was compared to the geniuses of Western culture like Archimedes and Beethoven. After fifteen years of operating Theranos, it turned out, "Holmes was just another start-up scammer who used blustery talk and an unclear vision of her product to sell investors on a relatively flimsy concept".