Wednesday, June 01, 2016

Unable to Stop the Bleeding

The Wall Street Journal pricked the bubble of Theranos' blood-testing technology last September, and founder Elizabeth Holmes has been unable to stop the bleeding for her company or her own net worth. Now the comeuppance is complete.

We've all had bad investment years, but to go from $4.5 billion to zero? That's one of the biggest fortune wipeouts in history.

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