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Hot Startup Theranos Has Struggled With Its Blood
Silicon Valley lab, led by Elizabeth Holmes, is valued at $9 billion but isn’t using its technology for all the tests it offers
Hot Startup Theranos Has Struggled With Its Blood-Test Technology
Hot Startup Theranos Has Struggled With Its Blood-Test Technology Silicon Valley lab, led by Elizabeth Holmes, is valued at $9 billion but isn’t using its technology for all the tests it offers
Theranos CEO: Company Did Not Rush to Market
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Theranos CEO: Company Did Not Rush to MarketPlay video: Theranos CEO: Company Did Not Rush to Market
Theranos CEO Elizabeth Holmes disagrees with the assertion that her company was too quick to market its products. She speaks with WSJ’s Jonathan Krim at the WSJDLive 2015 conference in Laguna Beach, Calif.(Originally Published October 21, 2015)
By John Carreyrou
Updated Oct. 16, 2015 12:01 am ET
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On Theranos Inc.’s website, company founder Elizabeth Holmes holds up a tiny vial to show how the startup’s “breakthrough advancements have made it possible to quickly process the full range of laboratory tests from a few drops of blood.”
The company offers more than 240 tests, ranging from cholesterol to cancer. It claims its technology can work with just a finger prick. Investors have poured more than $400 million into Theranos, valuing it at $9 billion and her majority stake at more than half that. The 31-year-old Ms. Holmes’s bold talk and black turtlenecks draw comparisons to Apple Inc. cofounder Steve Jobs.
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