Theranos raised $750 million, including $633 million last year.
* Social Network: Theranos raised money from a wide range of influential investors who can support the company's efforts to secure new customers and who stand to lose to varying degrees if instead Theranos completely folds, even if it returns the remaining balance of funds raised.
* Core organizational processes: the company still has hundreds of employees on the payroll, most of whom are qualified professionals in this field. It is not trivial to recruit and bring together an organization like that. It's unlikely that most of those hundreds of people were directly involved in the shenanigans of the company.
I think those are 3 assets the company would use towards a pivot like I described. But you can't do it without removing the leader who got them here.
Theranos raised $750 million, including $633 million last year.
* Social Network: Theranos raised money from a wide range of influential investors who can support the company's efforts to secure new customers and who stand to lose to varying degrees if instead Theranos completely folds, even if it returns the remaining balance of funds raised.
* Core organizational processes: the company still has hundreds of employees on the payroll, most of whom are qualified professionals in this field. It is not trivial to recruit and bring together an organization like that. It's unlikely that most of those hundreds of people were directly involved in the shenanigans of the company.
I think those are 3 assets the company would use towards a pivot like I described. But you can't do it without removing the leader who got them here.