Search results
Feb 25, 2022 · Theranos paid each board member $150,000 a year, Ms. Holmes testified, plus 500,000 shares in the company. Mr. Kissinger was paid another $500,000 a year as a consulting salary, she said.
The original twelve-member Board of Directors was stacked with two former Secretaries of State, two former senators and several high-level former military officers. Theranos has since changed its ...
People also ask
How much did Theranos pay a board member?
How many members does Theranos have?
Who should join Theranos?
Who made up the Theranos board?
- Theranos’ Investors
- Theranos’ Partnerships
- Theranos’ Board of Directors
Theranos raised about $1.3 billion in funding ($1.4 billion including debt financing) over the course of its history, per Crunchbase data. Theranos first raised money with a $500,000 seed round led by Draper Fisher Jurvetson(now called Threshold) in June 2004, according to Crunchbase. Some of the most high-profile investors in the company include: ...
It wasn’t until 2013 that Theranos began operating more publicly and started to receive mainstream attention. The company raised $50 million from pharmacy giant Walgreens, which began a relationship with the startup back in 2010, according to The Wall Street Journal. Eventually, there were more than 40 Theranos testing centers in Walgreens stores. ...
Part of what made Theranos such a big name in Silicon Valley was the people the company brought on for its board of directors. The company had notable figures from the worlds of both business and government as members of its board. They included: 1. Henry Kissinger (former United States Secretary of State); 2. Jim Mattis (retired Marine Corps four-...
Sep 7, 2021 · Elizabeth Holmes, founder and former CEO of Theranos, arrives for motion hearing on Monday, November ...[+] 4, 2019, at the U.S. District Court House inside Robert F. Peckham Federal Building in ...
Sep 22, 2021 · James Mattis, the retired four-star Marine Corps general and former defense secretary, testified on Wednesday at the fraud trial of Elizabeth Holmes, the founder of the blood testing start-up...
Jan 4, 2022 · Theranos Directors Pay No Price for Holmes’s Fraud. Big names on the board from government and the military made the company look smart but failed to rein in its founder. Timothy L. O'Brien...
Mar 14, 2018 · Holmes agreed to pay a $500,000 penalty, be barred from serving as an officer or director of a public company for 10 years, return the remaining 18.9 million shares that she obtained during the fraud, and relinquish her voting control of Theranos by converting her super-majority Theranos Class B Common shares to Class A Common shares.
