Subject category:
Human Resource Management / Organisational Behaviour
Published by:
International Institute for Management Development (IMD)
Version: 22.06.2017
Abstract
This is part of a case series. This case outlines the rise and fall of Elizabeth Holmes and her company Theranos. The company offered a technology with the potential to revolutionize the blood drawing and analysis industry. After dropping out of Stanford and building the company over a ten-year period, Holmes moved out of 'stealth mode' and was soon touted as an iconic entrepreneur and the new Steve Jobs. The publication of a Wall Street Journal article, however, highlighted irregularities with the technology and Theranos's claims thus bringing company under closer examination.
Location:
Industries:
Size:
USD9 billion
Other setting(s):
2003-2016
About
Abstract
This is part of a case series. This case outlines the rise and fall of Elizabeth Holmes and her company Theranos. The company offered a technology with the potential to revolutionize the blood drawing and analysis industry. After dropping out of Stanford and building the company over a ten-year period, Holmes moved out of 'stealth mode' and was soon touted as an iconic entrepreneur and the new Steve Jobs. The publication of a Wall Street Journal article, however, highlighted irregularities with the technology and Theranos's claims thus bringing company under closer examination.
Settings
Location:
Industries:
Size:
USD9 billion
Other setting(s):
2003-2016