2020 the Dropout

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April 9, 2020 ABC NEWS PRESENTS ‘THE DROPOUT’ ON SILICON VALLEY STAR ELIZABETH HOLMES AND HER BILLION-DOLLAR BLOOD TESTING COMPANY, THERANOS Program Follows ABC News’ No. 1-Ranked Podcast, ‘The Dropout,’ Hosted by Rebecca Jarvis The ‘20/20’ and ‘Nightline’-Produced Event Airs Friday, April 10 (9:00 – 11:00 pm EDT), on ABC After a three-year investigation by ABC News chief business, technology and economics correspondent Rebecca Jarvis, “20/20” and “Nightline” present “The Dropout,” which reports on the captivating story of Silicon Valley star Elizabeth Holmes and her technology company, Theranos. Once the youngest self-made female billionaire, Holmes’ company and its nearly $10 billion valuation came crashing down amid accusations of massive fraud. In “The Dropout,” Jarvis chronicles the twists and turns of Holmes’ rise and fall featuring interviews with and deposition tapes from central ﬁgures of the story. After a special preview on “Nightline” last year and the No. 1-ranked ABC News podcast, the two-hour “20/20” airs Friday, April 10 (9:01 – 11:00 pm EDT), on ABC. (Rebroadcast. ABC OAD: 3/15/19) ABC News’ “20/20” is anchored by David Muir and Amy Robach. David Sloan is senior executive producer. Steven Baker is executive producer for “Nightline.” “The Dropout” podcast is available on Apple Podcasts, Google Podcasts, TuneIn, Spotify, Stitcher and the ABC News app. ABC News Media Relations Van Scott (212) 456-7243 [email protected] Elizabeth Russo (212) 456-7414 [email protected] Curt Villarosa (212) 456-3742 [email protected] For more information follow ABC News PR on Facebook, Twitter and Instagram. -- ABC --.

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Squaring Venture Capital Valuations with Reality ONLINE APPENDIX
Squaring Venture Capital Valuations with Reality ONLINE APPENDIX Will Gornall Sauder School of Business, University of British Columbia Ilya A. Strebulaev Graduate School of Business, Stanford University and National Bureau of Economic Research Sept 2017 Find the full paper here: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2955455 The online appendix follows. Appendix A contains the alternative names for the unicorns in our sample. Appendix B lists companies whose COIs omit information. Appendix C lists companies where we could not locate the most recent COI. Appendix D contains examples of legal text for each of the major terms. Appendix E details the major terms we found for each company in our sample. Appendix F contains comparative statics. Appendix G contains discussion of our return distribution assumptions. Appendix A: Full Legal Names and Other Names for Unicorns in Our Sample Short Name Legal Name Also Known As 23andMe 23andMe, Inc. A123 Systems A123 Systems, Inc. B456 Systems Actifio Actifio, Inc. Adaptive Biotech Adaptive Biotechnologies Adaptive TCR Corporation Age of Learning Age of Learning, Inc. Airbnb Airbnb, Inc. Airbed & Breakfast, Inc Anaplan Anaplan, Inc. AppDirect AppDirect, Inc. Origo Networks Corporation AppDynamics AppDynamics, Inc. Singularity Technologies, Inc. Appnexus AppNexus Inc. Apttus Apttus Corporation Automattic Automattic Inc. Avant Avant, Inc. Avant Credit Corporation Better Place Better Place, Inc. Better Place Holdings; Better PLC Bloom Energy Bloom Energy Corporation Bloom Energy Server; Ion America Corporation Bloom Energy Bloom Energy Corporation Ion America Corporation Blue Apron Blue Apron, Inc. Petridish Media, Inc. Box Box, Inc. Box.Net Buzzfeed BuzzFeed, Inc. Carbon3D Carbon3D, Inc. EIPI Systems, Inc.
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Debates9 963919 9878034 Final Group Paper
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Contact: Donna Williams WNET New York Public Media 212-560-8030; [email protected] American Graduate Day Web site: www.americangraduate.org/grad-day American Graduate Day Fact Sheet Program Title: American Graduate Day Airdate: Saturday, September 22, 2012 from 1:00-8:00 pm ET on public television Program description: American Graduate Day Presented by WNET and Public Radio Exchange (PRX ), American Graduate Day is a multi-platform event featuring a live television broadcast, radio playlist with premiere documentaries, and participation from more than 20 national partner organizations, celebrities and athletes to spotlight solutions to the nation’s dropout crisis in which one in four students do not finish high school. Viewers and listeners will be encouraged to become an “American Graduate Champion” by offering their time, donating resources, connecting with the organizations on social media or learning more about the crisis. With special guests including Michael Powell, representing America’s Promise Alliance , and PBS NewsHour senior correspondent Ray Suarez, the national television broadcast will air live on public television stations from the Tisch WNET Studios at Lincoln Center from 1:00 to 8:00 p.m. EST on Sept. 22 (check local listings). Participating public television stations around the country will take the live feed and have an opportunity to add local content to support the national broadcast. American Graduate Day highlights community partners, educators and youth, who help keep at-risk students in school, across the nation. Each community partner profiled will provide viewers with information on how to become involved with American Graduate and the featured organizations.
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Theranos Phenomenon – Part 5: Theranos’ Presentation at the American Association for Clinical Chemistry Annual Conference 2016
Clin Chem Lab Med 2016; 54(10): e313–e314 Letter to the Editor Eleftherios P. Diamandis* and Mario Plebani Theranos phenomenon – Part 5: Theranos’ presentation at the American Association for Clinical Chemistry Annual Conference 2016 DOI 10.1515/cclm-2016-0737 Master, two highly recognized and respected clinical Accepted for publication August 18, 2016; previously published chemists, who did a good job in asking pertinent ques- online August 30, 2016 tions to Ms. Holmes and her associates. In this respect, AACC lived up to the expectations of high standards and Keywords: diagnostics; new technologies. impartiality for this presentation. Holmes presented to a large and curious, if not To the Editor, hostile, audience. She avoided talking about Theranos’ past and the difficulties of her company [1–7]. She also The widely anticipated presentation of Theranos at the made it clear that her presentation would focus on the Annual Conference of the American Association for future, not the past, and she distanced herself from the Clinical Chemistry (AACC) was finally given on Monday, previous “Edison” instrument and introduced a new August 1st, 2016 at the Philadelphia Convention Center. analyzer named “MiniLab”. In the first part of her pres- This journal has followed the Theranos story closely over entation, Ms. Holmes described the engineering behind the last 2 years and provided frequent updates [1–4]. Eliza- the MiniLab and explained that it is a compact desktop beth Holmes, the Chief Executive of Theranos, presented device that houses a mini spectrophotometer, a mini- to an audience of over 2500 clinical chemists and other luminometer, and mini-flow-cytometer and a mini-PCR laboratory scientists, as well as to an impressive number machine, along with a centrifuge.
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Bad Blood Secrets and Lies in a Silicon Valley Startup By John Carreyrou At its peak in 2013/14, Theranos had a valuation of $10 billion, representing incredible growth in the 10 years since its incorporation in 2003. The company claimed that it had developed and commercialized a revolutionary new blood testing solution. Viewed as a stunning start-up success, the Theranos board was a roster of well-known government and business leaders, including Henry Kissinger, James Mattis and Riley Bechtel. The buzz around Theranos was electric, and high-profile investors such as Betsey DeVos, the Walton family, and Rupert Murdoch invested hundreds of millions of dollars to fund the company. At the helm was Elizabeth Holmes, founder and CEO. Holmes dropped out of Stanford Engineering in 2004 and used her tuition fees to help fund her brainchild. Blond, attractive, and possessed of an unusually deep baritone voice, Holmes was listed by Forbes as one of America’s Richest Self-Made Women in 2015, with a net worth of over $4 billion. That same year, however, it all came crashing down when investigative reporter John Carreyrou of the Wall Street Journal revealed that the Theranos technology did not work as claimed. Carreyrou’s exhaustive research uncovered a web of lies and cover-ups, dating back to the earliest days at Theranos. Today, the company is worth nothing and has been dissolved, investors have lost multi- millions, and Elizabeth Holmes was charged with massive fraud by the SEC in March, 2018. This riches-to-rags story has captured the public’s imagination, and a movie based on Carreyrou’s book (starring Jennifer Lawrence as Elizabeth Holmes), is slated for release in 2020.
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Inovio Pharmaceuticals (INO) – Bad Blood the COVID-19 Version of Theranos – Target Price $1
April 27, 2020 Inovio Pharmaceuticals (INO) – Bad Blood The COVID-19 Version of Theranos – Target Price $1 It was less than 10 years ago when Theranos was the talk of the med tech community as the mysterious startup claimed breakthrough advancements with the ability to quickly process over 240 laboratory tests with a prick of the finger. Seemed too good to be true? Well, as you know, the rest of the story is business history. Fast forward 10 years and we are now facing the largest global pandemic in generations. As the greatest scientific minds globally are working tirelessly to find a cure, Inovio Pharmaceuticals (INO) claims to have developed a vaccine in just 3 hours under the same scientific team that has spent decades deceiving investors. It’s been over 40 years since Inovio was founded, yet the company has NEVER brought a product to market, and all the while insiders have enriched themselves with hefty salaries and large stock sales. In this report, Citron will detail why Inovio shareholders have been “Theranosed” and why the SEC should immediately halt this blatant stock promotion. The Secret Algorithm Much like Theranos, Inovio claims to have a “secret sauce” that, miraculously, no pharma giant has been able to figure out. This is the same “secret sauce” that supposedly developed a vaccine for COVID-19 in just 3 hours. Simply put, the management team at Inovio is a group of charlatans. Just look at this exchange with 60 minutes and Inovio’s SVP of R&D Researcher Kate Broderick: Kate Broderick: All we need is that genetic code.
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