One way Theranos is hoping to stay afloat is by offering double the shares — including some of founder Elizabeth Holmes’ own shares — to investors if they promise not to sue. Theranos is knee-deep in an avalanche of lawsuits from investors and consumers of its blood-testing products after it …
Read More »Elizabeth Holmes quietly stepped down from Obama’s business ambassador program
Elizabeth Holmes, the founder and CEO of beset blood analysis startup Theranos, is no longer mentioned on the Presidential Ambassadors for Global Entrepreneurship (PAGE) website. Holmes announced she had joined the Obama administration’s entrepreneurial PAGE program, which notably includes AOL CEO Steve Case, Airbnb founder Brian Chesky and Stripe’s Patrick Collison, in March …
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