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Theranos was a blood testing company started by Elizabeth Holmes. As a child Elizabeth was very driven and took an interest in science; she was

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Theranos was a blood testing company started by Elizabeth Holmes. As a child Elizabeth was very driven and took an interest in science; she was also very competitive. She studied mandarin and she eventually got accepted into Stanford University in 2002. The summer of her freshman year in college, she internship at the Genome Institute in Singapore. That is part of what inspired her to start her company so in 2003 at 19, she dropped out of Stanford to do so. Holmes started working on Theranos and her goal was to create a blood testing device that could detect issues such as cancer or high cholesterol with a small amount of blood. Elizabeth was a very ambitious woman and believed in her product a lot, so she was able to talk her family friend, Tim Draper, to invest in her company. He gave her one million dollars and was her first investor. Previous employees of Theranos describe the work environment there as toxic. Elizabeth was a very demanding boss, very secretive and usually fired anyone who questioned her. Eventually, she developed the first machine that was supposed to test blood and she called it \"The Edison\". However, \"The Edison\" had many problems, the test was inaccurate and would give false results; the engineers and scientist that worked 011 \"The Edison\" warned Elizabeth about this product was not ready for the public to use but Elizabeth continued forward and signed a deal with Walgreens to have her blood testing device in stores. Soon outside scientist and the FDA started testing \"The Edison\" and finding those inaccuracies that Theranos tried to hide. This led to Theranos having to shut down their labs and in 2018 she was charged with massive fraud; Elizabeth had to pay a five hundred thousand dollar fine and give up financial and voting control of Theranos. She is currently awaiting trial for fraud which could land her in prison for up to twenty years if found guilty. I believe we can learn a lot from Theranos and how it was handled. The management of Theranos was poorly handled, Elizabeth hired many leaders that did not have a medical or

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