Rules and Guidelines
Want to participate in the discussions? Please read our Community Rules and Guidelines. Need some help? Visit Support and Answers.

  • State Not Answered
  • Locked Locked
  • Replies 2 replies
  • Subscribers 10 subscribers
  • Views 183 views
  • Users 0 members are here
Options
You may also be interested in
This discussion is locked.
You cannot post a reply to this discussion. If you have a question start a new discussion

The Rise and Fall of Elizabeth Holmes (the youngest and wealthiest self-made female tech billionaire in America)

Amber Thomas
I listened to a really interesting podcast recently about Elizabeth Holmes, the Founder and CEO of Theranos, the tech company that promised to revolutionise blood testing technology. One of a few female CEOs of tech companies, she was named by Forbes in 2015 as the youngest and wealthiest self-made female billionaire in America on the basis of a $9 billion valuation of Theranos. By 2016, following revelations of potential fraud, Forbes revised her net worth to zero dollars.


There have been various stories about her and her company in the press (including in E&T magazine), however, this podcast examines reports from various sources and discusses how she managed to secure investment from some very wealthy and well connected people (including former US President Bill Clinton) despite not having a product that actually worked.


If you're interested in hearing more about her story, please visit the following site (or wherever you get your podcasts) to listen/download:
https://www.behindthebastards.com/podcasts/part-one-elizabeth-holmes-the-ceo-who-treated-your-blood-like-a-phone.htm
https://www.behindthebastards.com/podcasts/part-two-elizabeth-holmes-the-ceo-who-treated-your-blood-like-a-phone.htm

  • 0
    Thanks for the podcast links Amber...
  • 0

    Elizabeth Holmes founded Theranos as a teenager, shortly after dropping out of chemical engineering at Stanford University. Holmes was dubbed the "next Steve Jobs" by Inc. magazine, trumpeted by Forbes as being "the world's youngest self-made female billionaire", and featured in Time magazine's coveted list of the most influential people in 2015. 

    She was back in the news today as she was convicted of fraud at her California trial (Elizabeth Holmes: Theranos founder convicted of fraud - BBC News).

    For anyone interested in the case, I would still highly recommend listening to the podcasts linked in the original post. A very interesting tale of what "Fake it, 'til you make it" can really mean.

Join us to get the best from IET EngX.

Joining EngX lets you personalise your experience so you stay up to date on the topics that interest you, plus you’ll be able to make connections who are looking to collaborate, exchange ideas and more.

Join us Not now

Community Rules & Guidelines