The Theranos Lie: Elizabeth Holmes – Stanford Drop-Out to $9B fraud – A Case Study for Entrepreneurs

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Elizabeth Holmes was a high flyer – until hubris led to wild claims to investors and questionable answers led to investigations. The SEC would launch a BUG investigation in 2016 and charge her with a “massive fraud” for making false claims while raising $700M fro investors. She would ultimately get a 10-year ban from being on the board of ANY public company. A Department of Justice investigation is still ongoing…

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Case study #36 with The Biz Doc. Please subscribe to the Valuetainment.

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