Company profile
- Industry
- Health technology
- Founded
- 2003
- Ownership
- Dissolved in 2018
Profiles are auto-generated and infrequently updated.
Decisions on record
2 verified Decision Records on Theranos, and the casebook each one belongs to.
| Fork date | Decision type | What Theranos chose | Where it stood | The story | Casebook |
|---|---|---|---|---|---|
| 2014 | The Fall | Claim proprietary device works | Ninth Circuit affirmed convictions, sentences and the $452 million restitution order (2025-02) | Read the story → | The Fall Casebook → |
| 2016 | The Counterfactual | Advisory counselors, no power | Holmes sentenced to 135 months (11 years, 3 months) (2022-11) | Read the story → | The Counterfactual Casebook → |
Run one of these yourself
The decisions Theranos faced, as kits you can run.
Each pack takes one of these decisions and gives you the framework, a deck for the room, a model that resolves to one number, and the sourced cases behind it. $499, one-time.
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 · Crisis & Reinvention
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