Wealthy families, encouraged by Henry Kissinger’s lawyer, sank over $400M into Theranos

Enlarge / Theranos founder Elizabeth Holmes speaks on stage during the closing session of the Clinton Global Initiative 2015 on September 29, 2015, in New York City. (credit: JP Yim/Getty Images) Silicon Valley loves unicorns, the privately held startups that surge to $1 billion valuations and beyond. By that measure, Theranos was a very special […]


From billion-dollar Evaluation to Float: Chinese Technology unicorn now Could be worth just More than 1,000

Renrenche was among China’s hottest technology unicorns endorsed by investors such as Goldman Sachs Group Inc. and Tencent Holdings Ltd.. The automobile site could sell itself to get a bit more than 1,000. The Beijing-based startup–that had a pre-money evaluation of $1.4 billion at a funding round only a couple of decades ago–includes a preliminary […]