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Re:Uber Turns to Saudi Arabia for $3.5B Cash Infusion by toomuchtodo on Thursday June 02, 2016 @01:04PM (#11824157)
http://money.cnn.com/2016/06/01/technology/elizabeth-holmes-...

> Forbes said it has reexamined and revised Theranos' $9 billion valuation in light of recent investigations and allegations against the company.

> Citing conversations with venture capitalists and analysts, Forbes estimates that the company is actually worth a great deal less: $800 million. That takes into account its intellectual property and financing, according to Forbes' Matthew Herper.

> Holmes' 50% stake in the company would effectively be worth nothing at that valuation, Forbes concludes, because her investors would be paid back first (they hold preferred stock, not common stock like Holmes).

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