You will know 10 facts about billionaire Elizabeth Holmes, who deceived the giants of money and business from within Silicon Valley.

10- what is fairness you’ll get your results

Theranos founded in 2003 Theron owes a play on the words therapy and diagnosis is a health technology and medical laboratory company as a growing startup based in California it promised an innovative service to streamline blood testing making it faster cheaper and easier our greatest motivation in doing this is is the byproduct which is the fact that testing begins to be more accessible for little kids or elderly persons however the company is also famously secretive and exact details about theraenosis methods have proven difficult to ascertain it’s blood testing device known as Edison uses a finger stick to draw tiny amounts of blood from which unprecedented amounts of data can allegedly be found but theranosis credibility was called into question in the mid 2010.

9- who is Elizabeth Holmes as CEO and founder

Elizabeth Holmes is the face of Theranos and the world’s youngest self-made female billionaire a former student at Stanford University where she studied chemical engineering Holmes dropped out of her undergraduate program when she was 19 to pursue her pioneering venture I found what I felt like I was born to do at a really early age despite the fact that Edison has never been subjected to peer-reviewed study she worked to secure over 700 million dollars from investors for a company once valued at nine billion dollars in April 2016 Forbes valued Holmes own net worth at around three point six billion dollars though that figure had been as high as four point seven billion before it dipped as a result of recent controversies.

8- Theranos differentiate itself from other companies

And we’ve made it possible to eliminate the tubes and tubes of blood that traditionally have to be drawn from an arm and replaced it with the Nano Tanner there are three strands to consider when discussing Theranose is claims of innovation first and fundamentally it aims for faster tests using less blood it becomes possible to engage individuals in the testing process in such a way in which they get the information they need at the time it matters whereas vials of blood are traditionally required from major veins the Theranos method only needs microliters taken from a fingertip second there our nose aims to start democratizing the healthcare system by giving consumers direct access to blood tests this would be done by enabling people to request lab tests without a doctor’s prescription finally Theranose is so-called groundbreaking technology has consistently drawn attention however it’s notoriously reluctant to explicitly reveal its methods.

7- which companies are considered Theranosis competition

The Washington Post describes Theranos as quote boldly plowing into a world where two large laboratory testing companies quest.

Diagnostics and laboratory Corp of America have billions of dollars of precious turf to protect quest was founded in 1967 and LabCorp in 1978 and both are among the largest clinical laboratories in the world but Theranos has sought to rethink traditional blood testing and it isn’t alone Abbott Laboratories have developed the I stat device which requires a physician to draw only small amounts of blood and a leer has a similar method that received FDA clearance in 2006 something that Theranos has struggled to get while neither is an exact replica of what Theranos offers both require smaller amounts of blood to work.

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