Elizabeth Holmes –The Revolutionary Billionaire College Dropout
Elizabeth Holmes is a standout member of the new-edition of the Forbes billionaire list. Elizabeth Holmes is worth $4.5 billion at just 30 years old. Although her success story is a risky one, it could be inspiring to those who do not see the need of going to college.
Elizabeth Holmes dropped out of Stanford University in her sophomore year (2003) as a chemical engineering student, and used her tuition money to establish her company.
Elizabeth Holmes reportedly “labored in secret” for almost a decade while developing a revolutionary new blood-testing technology. She took her findings public in 2003 and founded Theranos. Theranos has announced partnerships with Walgreens and other major drugstores in the US to bring the new type of blood testing to consumers.
Why her technology can be considered revolutionary
Elizabeth Holmes technology calls only for a single finger-prick and a very small amount of blood for medical testing. This is unlike the usual method that involves vials and injections. The finger-prick is said to be painless. Also, Theranos’ testing methods are only a fraction of the cost of commercial labs in US.
One doesn’t need to be at the doctor’s office to take a blood test. If Theranos is successful, which it seems like, it could totally revolutionize a whole industry.
What do you guys think about Theranos, Elizabeth Homes, or her decision to drop out from college?