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Title: The Rise and Fall of Theranos: The Startup That Promised Too Much

Kish Kakar
2024-08-25 16:10:19
It all started with a bold vision. In 2003, Elizabeth Holmes, a Stanford dropout, founded Theranos. She claimed to have invented a revolutionary blood-testing technology that could run hundreds of tests using just a few drops of blood. It was a promise to make healthcare more affordable and accessible to millions. The media crowned her the next Steve Jobs, and investors lined up to be part of this groundbreaking ventureBehind the scenes, employees were starting to notice something troubling. The technology, which was supposed to be revolutionary, wasn't working as advertised. Tests were often inaccurate, and the machines were unreliable. Yet, the company kept pushing forward, using traditional machines in secret to validate the results

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