$4.5 Billion to $0

[geronl]

http://www.firstpost.com/business/how-did-us-billionaire-elizabeth-holmes-go-from-4-5-billion-to-nothing-in-a-year-2811444.html


EXCERPT

#Elizabeth Holmes   #Theranos 

In 2015, Elizabeth Holmes, founder of a California-based privately held blood testing start-up firm, Theranos, rose to fame when she topped the Forbes list of richest self-made women in the US and ranked 6th among America’s richest entrepreneurs under 40. A year earlier in 2014, Holmes was ranked number 110 on the Forbes's list of 400 Richest Americans. Holmes founded Theranos in 2003, as a 19 year-old Stanford University dropout and owns half of the firm. The start-up raised $400 million from investors and had a valuation of $9 billion in 2014.

[mirraflake]

She has millions stashed away. She is no dummy.