Theranos was valued at some $10 billion at its peak. Did the investors overlook any red flags?

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Theranos was valued at some $10 billion at its peak. Did the investors overlook any red flags? Or was it simply FOMO (“fear of missing out”) that made them hurry to jump on the Theranos bandwagon? Why were so many people caught up in the hype around Theranos and Elizabeth Holmes, its charismatic leader?

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Strategic Management

ISBN: 978-1260261288

5th Edition

Authors: Frank Rothaermel

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