I suspect we are going to see Theranos pivot to becoming a conventional medical technology company, probably focusing on lab tech for blood work analysis etc. They are likely to disappear from public consciousness until we hear about an acquisition by a Siemens type company.
They got here through hype, smoke and mirrors, but they now have the capital, social network and core organizational processes in place to do this and it is a rational path to recouping time and $ investments from everyone involved.
However it will be difficult/impossible for this to pivot to happen without Elizabeth Holmes' resignation.
They got here through hype, smoke and mirrors, but they now have the capital, social network and core organizational processes in place to do this and it is a rational path to recouping time and $ investments from everyone involved.
However it will be difficult/impossible for this to pivot to happen without Elizabeth Holmes' resignation.