The blood-testing company Theranos, once valued at $9 billion, shut down in 2018. Here are the investors who lost the most.
Theranos investors, which include Education Secretary Betsy DeVos, Rupert Murdoch, and billionaire families, lost hundreds on the blood-testing company.
A number of the big names who invested in Theranos — from Education Secretary Betsy DeVos to Walmart heirs — lost hundreds of millions from their investments in the blood-testing company.The Inventor: Out for Blood in Silicon ValleyTheranos had been under fire since October 2015, when The Wall Street Journal published an investigation that called into question the accuracy of its blood test. By the end of 2017, Theranos was in ne eed of new cash to keep it running.
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