Much of the blood drawn for laboratory analysis is wasted. In a clinical setting where your blood is being taken multiple times a day, wouldn't it be better for the laboratory to use a smaller amount – and let you keep the difference?
blood draws
Given that optics and buzzwords can sometimes influence more than a concept or specific technology, nothing baffles us more than how the start-up Theranos was able to rise so precipitously and garner a multi-billion dollar valuation – before its famous fall. That said, here's why Theranos' technology wasn't groundbreaking.