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Quick takeaways
- Cult of fear and intimidation at Theranos led to employee departures and tragic outcomes.
- Promising revolutionary blood testing technology without proper validation put millions at risk.
Deep dives
Struggling for Funding During the Great Recession
Elizabeth Holmes faced financial challenges in sustaining Theranos during the Great Recession. With a mission to revolutionize blood testing, she sought investors but found it challenging due to economic difficulties. Sunny Balwani's $13 million interest-free loan provided a lifeline, with hopes to drive the company forward.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode