🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

Back

Vishu Bheda

 • 

Medial • 8m

Look at this woman. At 19, she dropped out of college. Raised millions from the biggest names for her tech company. Then built a $9 billion empire. And now she’s in prison. Here’s is the story of the greatest Silicon Valley disaster: Elizabeth Holmes had big dreams. At 19, she dropped out of Stanford to start her own company, Theranos. Her vision? To revolutionize healthcare. She promised to develop groundbreaking blood-testing technology. That can run hundreds of tests from just a drop of blood. But that dream quickly turned into a nightmare: Holmes convinced investors that her tech would change the world. Big names like Rupert Murdoch, Henry Kissinger, and the Walton family bought in. She was hailed as the next Steve Jobs. But under the surface, cracks were forming: The technology didn’t work Holmes’ device, the Edison, never worked as promised. In 2015, journalist John Carreyrou published a damning investigation. He revealed that Theranos’ technology didn’t work.

18 Replies
24
Replies (18)

More like this

Recommendations from Medial

Image Description
Image Description

Niket Raj Dwivedi

 • 

Medial • 1y

The Theranos Fraud - One of the biggest scam startup to be caught🎢 (Startup Nugget Series - Story 3) Elizabeth Holmes, the wunderkind who promised to revolutionize healthcare with Theranos. 🩸💉 Sounds amazing, right? Well, hold onto your hats! Ho

See More
5 Replies
21

Vedant Tiwari

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 initi

See More
Reply
5
Image Description
Image Description

Karunakar

1% Better • 5m

Customer Acquisition Cost (CAC) The Fitness Brand's First Customer Riya had a dream to launch her own fitness brand, "FitFlex," offering premium gym wear for fitness enthusiasts. She invested months into designing her products and building a sleek w

See More
3 Replies
1
9

Comet

#freelancer • 6m

J.K. Rowling: From Struggle to Success J.K. Rowling, the writer of *Harry Potter*, is a true story of never giving up. Born in 1965 in England, she always dreamed of writing books. But her life was not easy. In her late 20s, she lived in Scotland

See More
Reply
2
8

Suman Meghwal

Wealthseeker • 5m

POV: The Imperceptible Allure Despite her constant efforts to reduce her mindless scrolling, Rhea was unable to resist picking up her phone. "Not today," she would tell herself, but a notification would flash, and the cycle would repeat. She had

See More
Reply
5
Image Description
Image Description

SHIV DIXIT

CHAIRMAN - BITEX IND... • 1y

★ Meet Pranjali Awasthi, 16, who built ₹100 crore AI firm in 1 year ( Delv AI ) She moved to the US from India at a tender age of 11. She was just 15 when she launched her technology startup. She now employs 10 people in her firm, valued at a whopp

See More
10 Replies
1
16
Image Description
Image Description

Tuhin Subhra Biswas

Building in 🥷🏻• Pr... • 11m

So today, I had a meeting w/@dyumna madan( founder of Project Clay) and man, her vision towards Project Clay is pretty solid ngl. She got her first 200k funding from @AnkurWarikoo now recently funded by @NikhilKamath! It really fascinates me to be co

See More
5 Replies
2
17
Image Description
Image Description

Shreyas Ramdasi

Mechanical Engineer • 1y

The other day, my wife asked me to pass her lipstick but I accidentally passed her a glue stick. She still isn't talking to me.

2 Replies
3

Download the medial app to read full posts, comements and news.