SlideShare a Scribd company logo
A L E X D E F R A N C E
PROBLEM AND PRODUCT
•People hate needles
•Blood tests are long & expensive
•Theranos Sample Processing Unit (TSPU) &
Nanotainer
FINANCIAL INFO
BUSINESS MODEL OF THE COMPANY
•Provide cheaper, more comprehensive blood
testing
•Partner with Walgreens & Safeway for national
proliferation
•Innovate and add blood tests for additional
diseases
COMPANY HISTORY
WHAT’S HOT?
•Proprietary
blood
analyzer
•Novel blood
sample
collection
method
COMPETITION
Theranos was a shaker in the healthcare industry
Theranos Quest Diagnostics Labcorp
Amount of
blood
withdrawn
Few drops Test tubes Test tubes
Time waited
for results
Hours Days Days
Locations
Walgreens (8,175)
& Safeway (1,300)
2,200 ~2,000
Cost $10s $100s $100s
Number of
tests
100s 1000s 1000s
PREDICTION
•Failed
•Centers for
Medicare and
Medicaid Services –
“Immediate
jeopardy to public
health and safety”
•Great idea, bad
execution
REFERENCES
•https://web.archive.org/web/20180828113917/h
ttps://theranos.com/
•https://www.youtube.com/watch?v=zSgwJA-
GOlg
•https://www.sec.gov/litigation/complaints/2018/
comp-pr2018-41-theranos-holmes.pdf
•https://en.wikipedia.org/wiki/Theranos

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Theranos

Editor's Notes

  1. 2003 – Holmes started with money from education trust and investors 2003-2013 – Stealth mode developing product 2013-15 – Product working! Raised over $700 million from investors for $9 billion valuation 2018 – Product investigated Theranos Ceased Operations
  2. Founded in 2003 by Elizabeth Holmes after dropping out of Stanford 2003-2008 spend developing the Theranos Sample Processing Unit (TPSU) to analyze blood Early 2018 Elizabeth Holmes charged with fraud