Kunal Jain
@sonofindia · 5:00

Part 1 Story of a fall from distinction to disgrace! Elizabeth holmes and her startup Theranous and why she is going to Jail? #startup #founders

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And when a startup raises enormous amount of fund and if they don't use that fund to hire quality people or give freedom to people to work, the end quality of the product is not appropriate. So they got an FD approval 510K in year 2015, but that approval was lifted away in 2016 because of the poor quality of their product. The product was simple. She wanted to invent a device to make it convenient for people to get their lab tests done to blood tests done in order to understand it

Elizabeth Holmes founder of a $9 billion startup founder went to jail last week. #elizabethholmes #theranous #startupfounder #entrepreneurship