Beauty CEO fell to the altar: a $9 billion startup was accused of "medical scam"

On June 1st, Forbes’ latest “Wealth Report” said that Holmes’s personal valuation, which was the highest in the United States last year, was adjusted from $4.5 billion to “0”. Forbes said that after various investigations and consultations, Forbes believes that the current valuation of Theranos has dropped to 800 million US dollars.

A $9 billion startup is accused of "medical scam"

In the Theranos Twitter account, the self-introduction column reads: "Our mission is to make information at your fingertips at the moment everyone needs it."

You may not know about this company, but you may have seen the following titles in the circle of friends: "The female version of Jobs became the 20 secrets of life winners" "She is worth 4 billion, and can't be blind? "Elizabeth Holmes: The latest phenomenal figure in Silicon Valley."

A $9 billion startup is accused of "medical scam"

Elizabeth Holmes is the founder of Theranos. The beauty CEO, who was called "the next Jobs" by Fortune, dropped out of Stanford at the age of 19 to create a blood test company called Theranos. In 2013, the company raised $400 million in venture capital, followed by 8,100 chain pharmacies in the United States, and Walgreens, the nation's largest drug retailer, decided to set up the Theranos Health Center in its pharmacy. The valuation of Theranos has also risen to a high of $9 billion. In 2015, Holmes boarded the cover of Forbes magazine and became the youngest recipient of the "Best Person in America" ​​award. In December 2015, when Holmes attended the Clinton Global Initiative Annual Meeting as a representative of female entrepreneurs, he also talked with Ma Yun sitting next to him. Just half a year later, in the "Which company will change the world" selection, Theranos, second only to Tesla, and its founders fell into the altar and became the " medical liar" in the litigator's mouth. On June 1st, Forbes’ latest “Wealth Report” said that Holmes’s personal valuation, which was the highest in the United States last year, was adjusted from $4.5 billion to “0”. Forbes said that after various investigations and consultations, Forbes believes that the current valuation of Theranos has dropped to 800 million US dollars. At the same time, Theranos is also facing more than 720 million US dollars in repayment of debts to investors, in order to calculate, 50% of Holmes's shares, can be described as "a worthless."

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