Theranos Memorandum Assignment

For this final Memo, Id like you to do something a little different. Instead of a hypothetical scenario where you are on an audit team speaking to a senior manager, this time Id like you to just write an analysis addressed to your professor.

Id like you to address the following questions:

What went wrong at Theranos?

More importantly, could it have been prevented?

Why were so many people willing to invest in this company?

What Red Flags, based on what weve learned throughout the course, could have identified the issues going on with the company?

What similarities does this case have with other cases weve looked at? (be sure to reference other cases weve reviewed over the past weeks)

Finally, speculate on the impact cases like this may have on innovation and investors looking for returns from new technology startups.

Be as complete as you like. You are not limited to one page like the other memoranda you have written. Feel free to speculate as to Elizabeth Holmes motivations in creating and leading this company and compare it with other CEOs and CFOs we have encountered. This final memo is more of a free-for-all. I am primarily looking for a good analysis and correct spelling and punctuation, but be careful to use professional language and word usage. (Remember, memos often are used as evidence in a court of law).