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Tag: Unicorns

Implications for “Unicorn” Startups of the SEC’s Investigation of Theranos

Posted on April 7, 2017 by Ching-Yin Chen

Elizabeth Holmes aimed to revolutionize the blood test industry and was once regarded as a wunderkind that would become the Steve Jobs of the biotech industry. The company she founded, Theranos, was seen as one of the “unicorn” startups in Silicon Valley, a term given to startups that are privately-held and valued at $1 billion or more.1 Unfortunately,…

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