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Theranos Lost $585 Mil. in 2015, Had Revenue of Just $500,000

Not only was Theranos one of the biggest scams in Wall Street history, but its losses were off the scale

AMONG THE BEST-KEPT SECRETS at Theranos during its glory days of 2013, 2014, and 2015—when the news media hailed now-disgraced founder and ex-CEO Elizabeth Holmes as a business genius to match Apple founder Steve Jobs—was the actual revenue the company was generating from its clinical laboratory testing activities.  No less a respected business magazine than …

Theranos Lost $585 Mil. in 2015, Had Revenue of Just $500,000 Read More »

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