Company profile
- Industry
- Health technology
- Founded
- 2003
- Ownership
- Dissolved in 2018
Profiles are auto-generated and infrequently updated.
The analyses
The Mirage · Decision Forks
Theranos Rented Big Names for a 'Board of Counselors' That Held Zero Fiduciary Power
The legend says Kissinger, Shultz, and a four-star general were duped into governing Theranos. Most of them never governed it. They sat on an advisory 'board of counselors' with no fiduciary power—names rented to signal legitimacy to investors who never saw an audited financial.
8 min
The Fall · Decision Forks
Theranos Faked a $100M Military Deployment That Earned $100,000
The story says a visionary believed too hard. The court record says otherwise: Theranos ran blood tests on other companies' machines while telling investors its own device did the work, and faked a $100M military deployment that earned $100,000.
8 min