Founder of VedspaceA... • 11m
This is the most Infamous StartUp failure in History…… “Back in 2003, Stanford University's dropout, Elizabeth Holmes, wanted to build a device that could perform many tests with just a few drops of blood.” “That was a great idea, and she got initial funding of over $700 thousand (remember, this was back in 2003).” “The company reached a valuation of over $9 billion at its peak, and Elizabeth Holmes was compared to Steve Jobs at that time.” “Big testing companies like Walgreens and Safeway partnered with Theranos.” Until... In 2015, the Wall Street Journal published an investigation revealing they were using various machines for tests instead of just their main one… And that was it. The big partnerships ended, Walgreens and Safeway backed off, and Theranos faced lawsuits from investors, doctors, and patients. By 2018, the company had dissolved. Thank you for reading… Follow Vedant Tiwari, and we post a startup failure once a week…
Director & CEO @ Exc... • 1m
In this eye-opening video, we explore the fine line between effective leadership and detrimental misguidance. Join us as we dissect five compelling case studies, including the dramatic downfalls of WeWork under Adam Neumann and Theranos with Elizabet
See MoreProgrammer, Founder ... • 6m
The Seeds of Success (Story) Failure is a word we often dread, but it’s a universal experience shared by everyone who has ever achieved greatness. From failed relationships to unsuccessful businesses, from poor exam results to rejected ideas—failur
See MoreHey I am on Medial • 1y
Tesla, Inc. was founded by Martin Eberhard and Marc Tarpenning in 2003. Although Elon Musk is often closely associated with Tesla, he joined the company later in 2004 as an investor and chairman of the board. Musk played a significant role in shaping
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