New Up-and-Commer in Silicon Valley: Elizabeth Holmes

San Jose Mercury News recently wrote an article about a new up-and-commer in Silicon Valley: Elizabeth Holmes. This Stanford drop out has been working for the last 11 years on her start up company, Theranos. Theranos, backed by some big names including former Secretaries of State, Henry Kissinger and George Shultz, and former Defense Secretary Bill Perry, aims to make blood tests easier, cheaper and more convenient so that people can “take multiple tests over time and see signs of a disease or condition before it’s too late.”

(Karl Mondon/Bay Area News Group)

(Karl Mondon/Bay Area News Group)

     Theranos and Walgreens announced a deal in September to open a Theranos “wellness center” in Palo Alto as well as 20 stores in Phoenix and have plans for many more to come. Holmes says, “Here in California, I can go and buy a gun and shoot myself but I can’t order a vitamin D test because I might do something quote ‘clinically dangerous. We feel strongly over time that this has to change.” San Jose Mercury News reports that, “Holmes has raised $400 million, valuing the entire company at $9 billion. She has a 50 percent stake, leading Forbes to call her the youngest woman to become a self-made billionaire.”

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