Elizabeth Holmes Theranos

Elizabeth Holmes: Theranos Being a self-made billionaire is already an amazing title, but if you really want to wow people, picture having a title like “the youngest self-made female billionaire.” Elizabeth Holmes earned this title at thirty years old when she invented a way to execute “laboratory tests inexpensively” with her company Theranos. In 2014 she was even included in the “Forbes magazine’s list of the richest people in the United States,” a huge accomplishment for a woman to achieve (Wilson 209). Elizabeth homes was born February 3, 1984, her mom “a congressional committee staff member” and her dad worked for “US- AID,” which predisposed Elizabeth to an early curiosity in the medical field. Elizabeth’s first big motivation to enter
By the end of 2010, a “total of $92 million [was raised] in venture capital, “this capital was money needed for the “continued development of its tests.” Finally in 2013, after keeping Theranos on the down low, Theranos made its debut placing “Theranos Wellness Centers” in many Walgreens drugstores (Weisul). A huge accomplishment of Theranos is the ability to use only “a few drops of blood” to complete tests, which is “1/100th to 1/1,000th of the amount” which the healthcare system used to need to complete tests. Amazingly, “Theranos can run as many as 70 tests on a sample this size, obtained by pricking a finger.” Not only can Theranos use small amounts of blood to complete multiple tests, but they can complete these tests fast and cost efficiently. The cost efficiency of these tests helps save lives, and reduces hospital bills “for the uninsured, the insured with high deductibles, insurers, and taxpayers