Theranos – Silicon Valley’s Greatest Disaster
The Theranos case is among the most notorious Silicon Valley failures involving a biotechnology company whose CEO was Elizabeth Holmes. Established in 2003, Theranos claimed that they had reinvented blood testing by being able to run various complex tests with only a tiny amount of blood. However, the technology failed to operate according to the claim, resulting in litigations and investigations (60 Minutes Australia, 2021). John Carreyrou, a reporter for