From Betsy DeVos, to Rupert Murdoch, to the Walton family, here are the investors that lost hundreds of millions investing in Theranos

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The blood-testing company Theranos, once valued at $9 billion, shut down in 2018. Here are the investors who lost the most.

Theranos investors, which include Education Secretary Betsy DeVos, Rupert Murdoch, and billionaire families, lost hundreds on the blood-testing company.

A number of the big names who invested in Theranos — from Education Secretary Betsy DeVos to Walmart heirs — lost hundreds of millions from their investments in the blood-testing company.The Inventor: Out for Blood in Silicon ValleyTheranos had been under fire since October 2015, when The Wall Street Journal published an investigation that called into question the accuracy of its blood test. By the end of 2017, Theranos was in ne eed of new cash to keep it running.

 

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Robert Kraft, owner of the New England Patriots. Seemingly small typos can really kill the credibility of an article. In the era of fake news you have to be on point

Happy investors lost money. Waiting for a bailout

How is this even a thing that’s allowed to operate.

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Betsy DeVos calls college admissions scam 'not fair' in interview with Fox NewsDuring Wednesday’s edition of “The Daily Briefing with Dana Perino” on Fox News, DeVos spent approximately 90 seconds of a five-minute interview answering questions regarding the Department of Education’s role in the situation. Says a woman who bought a Cabinet Post. RIP Irony. She is an evil oligarch. It is a disgrace that she is where she is. So of course she did is my point here.
Source: Newsweek - 🏆 468. / 52 Read more »

‘Disgraceful’: Betsy DeVos says Education Department will investigate college admissions scandalEducation Secretary DeVos's comments come a day after reports of wealthy parents allegedly using fraud to get their children admitted to selective colleges. Ya, go figure... ALL ARE DEMOCRATS DONORS !!! Said it WaPo !!! Start with yourself Whew. With Betsy on it, sure we will get right to the bottom of it.
Source: washingtonpost - 🏆 95. / 72 Read more »

DeVos wants to cut budget funding for student loan forgiveness, againFor the third year in a row, Education Secretary Betsy DeVos has proposed ending a loan forgiveness program for public service workers and eliminating subsidized loans for low-income students Good. Personal responsibility. سيسجل التاريخ معركةالموصل وستدرس قصصها وبطولاتهاللأجيال القادمه وهذا في سَنَن من قبلنا. ثبات ضد العالم من اجل تحكيم شرع الله So basically for a third year in a row, just adding to everything else terrible from this admin. If it’s bad, you can count on them doing it.
Source: CNN - 🏆 4. / 95 Read more »

DeVos allows religious groups to provide taxpayer-funded services in private schoolsThe education secretary’s decision to lift restrictions followed a Supreme Court ruling. The Constitution's just a word to hit other people with to them, isn't it? This is so not what America is about. This sucks. WaPo does not like religious liberty
Source: washingtonpost - 🏆 95. / 72 Read more »

The Department Of Education's Hands-Off Of For-Profit Colleges May Be Hastening Their DemiseThe collapse of the Dream Center Education Holdings' for-profit college venture is just the latest in a lengthening line of failures in this sector. Far from saving this industry, Secretary DeVos's deregulation agenda appears to be enabling for-profit colleges to destroy themselves. Happy international women’s day Betsy. 'Public education is the LAST great economic equalizer.' When your house is falling down, u don't go & build another one. U work on the first 1 & make it better. When Wall St gets involved in education, somethings wrong. They only invest to MAKE money. period.
Source: Forbes - 🏆 394. / 53 Read more »