Friday, May 4, 2018

Very Brief Blog: Who Invested in Theranos?

While Theranos' valuation once exceeded a billion dollars, it also absorbed and spent $600M in cash.  Where did that come from?   Wall Street Journal provides a listing based on court documents.

High profile investors included the Walton family (Walmart; $150M), Rubert Murdoch (Fox; $121M), the DeVos Family (Betsy DeVos, Education Secretary; $100M); the Cox family (media; $100M).   Runners-up include Carlos Slim, the Mexican billionaire, and others including the ex-chairman of Bechtel and the owner of the New England Patriots

My library of a couple hundred media Theranos links, 2014-2016, is here.