With the title of the youngest self-made billionaire, Elizabeth Homes is going places. She dropped out of Stanford University during her sophomore year to start Theranos, a blood testing company with the money that she had originally intended to use towards her education. The company, valued at $9 billion, tests blood with a drop from a painless prick at a small cost of the commercial labs. Elizabeth raised $400 million from venture capitalists, which created the $9 billion value. She has a 50% stake in the company, bringing her net worth to a current $4.6 billion. The largest pharmacy chain in the United States, Walgreens, announced in 2013 that they would be placing Theranos in their 8,100 stores.
With the title of the youngest self-made billionaire, Elizabeth Homes is going places. She dropped out of Stanford University during her sophomore year to start Theranos, a blood testing company with the money that she had originally intended to use towards her education. The company, valued at $9 billion, tests blood with a drop from a painless prick at a small cost of the commercial labs. Elizabeth raised $400 million from venture capitalists, which created the $9 billion value. She has a 50% stake in the company, bringing her net worth to a current $4.6 billion. The largest pharmacy chain in the United States, Walgreens, announced in 2013 that they would be placing Theranos in their 8,100 stores.
No comments:
Post a Comment