Author Topic: This woman is really amazing!  (Read 81784 times)

Liberty

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 11068
  • twitter.com/libertyRPF
    • twitter.com/libertyRPF
Re: This woman is really amazing!
« Reply #10 on: July 02, 2015, 07:28:31 AM »
For those looking to find out more about Holmes, this New Yorker piece should be of interest:

http://www.newyorker.com/magazine/2014/12/15/blood-simpler

Wikipedia also has a decent overview. Starting her medical business at 19. Very impressive.

Quote
Holmes proposed establishing a company to Professor Robertson in the fall of 2003, while she was a 19-year old sophomore at Stanford. She used money that her parents had saved for her education, to establish Real-Time Cures in Palo Alto. Later, she changed the company's name to Theranos (an amalgam of "therapy" and "diagnosis"),[10] because she believed that many people had a cynical reaction to the word "cure".[7] Initially, she worked out of a basement of a group college house.[3] A semester later, she dropped out to pursue her business career full-time. Professor Robertson served as a director of the company.

https://en.wikipedia.org/wiki/Elizabeth_Holmes

Here's a tedMED talk by her:

http://www.tedmed.com/talks/show?id=309114

http://www.inc.com/larry-kim/the-unusual-business-strategy-that-made-this-woman-a-multi-billionaire.html

Quote
In high school, she taught herself Mandarin and sold C compilers to Chinese universities. She went on to Stanford for chemical engineering, where she filed her first patent and traveled to Singapore to work on the SARS virus. Just ahead of her sophomore year, however, Holmes left Stanford behind and went after her dream of pioneering personalized medicine.
« Last Edit: July 02, 2015, 07:58:02 AM by Liberty »
"Most haystacks don't even have a needle." |  I'm on Twitter  | This podcast episode is a must-listen


ScottHall

  • Hero Member
  • *****
  • Posts: 805
Re: This woman is really amazing!
« Reply #11 on: July 02, 2015, 07:52:12 AM »
For those looking to find out more about Holmes, this New Yorker piece should be of interest:

http://www.newyorker.com/magazine/2014/12/15/blood-simpler

Wikipedia also has a decent overview. Starting her medical business at 19. Very impressive.

Quote
Holmes proposed establishing a company to Professor Robertson in the fall of 2003, while she was a 19-year old sophomore at Stanford. She used money that her parents had saved for her education, to establish Real-Time Cures in Palo Alto. Later, she changed the company's name to Theranos (an amalgam of "therapy" and "diagnosis"),[10] because she believed that many people had a cynical reaction to the word "cure".[7] Initially, she worked out of a basement of a group college house.[3] A semester later, she dropped out to pursue her business career full-time. Professor Robertson served as a director of the company.

https://en.wikipedia.org/wiki/Elizabeth_Holmes

Here's a tedMED talk by her:

http://www.tedmed.com/talks/show?id=309114

Thanks. The reaction of the Quest employee was amusing, but not surprising. I suspect she'll be very successful at this, although it appears to still be in its early stages.
« Last Edit: July 02, 2015, 05:58:55 PM by ScottHall »
You can no longer follow me on Twitter!

netnet

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 942
Re: This woman is really amazing!
« Reply #12 on: July 02, 2015, 01:45:36 PM »
Very impressive and focused woman!!

Travis Wiedower

  • Sr. Member
  • ****
  • Posts: 452
Re: This woman is really amazing!
« Reply #13 on: July 02, 2015, 02:49:38 PM »
Her and Elon need to have a child.
My investing blog: Egregiously Cheap

randomep

  • Hero Member
  • *****
  • Posts: 1060
    • Bull Bear and Value Blog
Re: This woman is really amazing!
« Reply #14 on: July 02, 2015, 04:18:14 PM »


I have heard about her. But what I am trying to understand is how do they get the $5B net worth valuation? Theranos from what I gather is a very secretive startup that has been around a loooong time.  So this is just a dreamy startup with sales nowhere near their valuation, correct?

Sorry to rain on the parade, but I first want to get the facts before passing judgement.

cubsfan

  • Hero Member
  • *****
  • Posts: 1144
Re: This woman is really amazing!
« Reply #15 on: July 02, 2015, 04:33:08 PM »
Theranos is valued at about $10B, and Elizabeth owns over 50%.

randomep

  • Hero Member
  • *****
  • Posts: 1060
    • Bull Bear and Value Blog
Re: This woman is really amazing!
« Reply #16 on: July 02, 2015, 04:54:10 PM »
Theranos is valued at about $10B, and Elizabeth owns over 50%.

I know that, but isn't Theranos a private startup still? With presumably very little sales? So this is your typical private equity pie in the sky valuation?

again.... i am just trying to get the facts......

cubsfan

  • Hero Member
  • *****
  • Posts: 1144
Re: This woman is really amazing!
« Reply #17 on: July 02, 2015, 05:15:51 PM »
Yea, basically the vc's have it valued at that number with the last funding round.

I guess you can say it's unproven commercially, but it looks very promising in a huge costly market.

ScottHall

  • Hero Member
  • *****
  • Posts: 805
Re: This woman is really amazing!
« Reply #18 on: July 02, 2015, 05:57:52 PM »


I have heard about her. But what I am trying to understand is how do they get the $5B net worth valuation? Theranos from what I gather is a very secretive startup that has been around a loooong time.  So this is just a dreamy startup with sales nowhere near their valuation, correct?

Sorry to rain on the parade, but I first want to get the facts before passing judgement.

I knew someone was going to bring this up.

A: It doesn't matter. Is it overpriced at its current valuation? Maybe it is, maybe it isn't. Assume it's worth even 1/10th as much, and she's still created wealth for herself of >$400 million. I don't see how that's not impressive in any world.

She is clearly very bright, and debating over what her net worth "should be" is really not the point here.
You can no longer follow me on Twitter!

Liberty

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 11068
  • twitter.com/libertyRPF
    • twitter.com/libertyRPF
Re: This woman is really amazing!
« Reply #19 on: July 02, 2015, 06:44:00 PM »
Theranos is valued at about $10B, and Elizabeth owns over 50%.

I know that, but isn't Theranos a private startup still? With presumably very little sales? So this is your typical private equity pie in the sky valuation?

again.... i am just trying to get the facts......

The facts are that this is a private business, so there isn't a minute-by-minute quote available, but so far VCs who are putting their own money in seem to think it's pretty valuable. But most importantly, I think the technology seems very impressive, and that's what impresses me most about Holmes.

I also don't care how much profit SpaceX is making right now, but I care what they're doing on the tech side, and I know that if they keep being successful, they'll be very valuable.
"Most haystacks don't even have a needle." |  I'm on Twitter  | This podcast episode is a must-listen