Thursday, June 25, 2015

Holmes is where the heart is

Too busy for costume changes

TECH entrepreneurs often have their own distinctive uniforms. For Facebook’s Mark Zuckerberg, it is jeans and a hoodie. For the late Steve Jobs, it was jeans and black turtleneck. Elizabeth Holmes has plumped for something smarter: matching black jacket, trousers and turtleneck. It saves having to decide what to wear each morning, she says with typical single-mindedness.

At the age of 19 Ms Holmes had an idea about how to improve the way blood tests are done. So she dropped out of Stanford University, where she was studying chemical engineering, and with money that had been set aside for her college education she quietly founded Theranos, a diagnostics company.

That was in 2003. She says she spent the next ten years in “stealth mode”, without press releases or even a company website. During that time she perfected a way of doing hundreds of tests cheaply and quickly on a drop of blood, using lab-on-a-chip technology. Today, aged 31, she is estimated by Forbes magazine to be worth $4.7 billion, and thus to be the world’s youngest self-made female...



from The Economist: Business http://ift.tt/1Nk7pS1

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