Government & Technology Medical Technology Start Ups

The Military and Theranos: Call it Blood Money?

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UPDATE: We wrote this in 2013. Mainstream media is now doing so also. Fortune, WSJ, etc all writing about it today, October 16, 2015.

UPDATE December 2016  James Mattis has been picked as Defense Secretary by President-elect Trump.

 

Here’s the Board. Looks like the military is embedded.

Is there any doubt where THERANOS, Palo Alto game changer start up in the blood testing field, is heading with a Board like this? See our original post on why Theranos is almost a game changer, but not quite –

Elizabeth Holmes   –  Theranos Chairman, CEO, and Founder

George P. Shultz  –  George P. Shultz has had a distinguished career in government, academia, and the world of business.  He is one of two individuals who have held four different federal cabinet posts,  has taught at three of this country’s greatest universities, and for eight years was president of a major engineering and construction company. Since 1989, he has been a distinguished fellow at Stanford University’s Hoover Institution. He is a recipient of the Medal of Freedom, our nation’s highest civilian honor.

Gary Roughead Gary Roughead is a retired United States Navy admiral who served as the 29th Chief of Naval Operations. Roughead is one of only two officers to have commanded the fleets in the Pacific and Atlantic, commanding the U.S. Pacific Fleet and Joint Task Force 519, as well as U.S. Fleet Forces Command. He also served as Commandant, United States Naval Academy, the Department of the Navy’s Chief of Legislative Affairs, and as Deputy Commander, U.S. Pacific Command. Admiral Roughead is a Distinguished Fellow at the Hoover Institution. He also serves on the board of the Northrop Grumman Corporation.

William J. Perry William Perry is an entrepreneur, mathematician, and engineer who was the United States Secretary of Defense under President Bill Clinton. He also served as Deputy Secretary of Defense and Under Secretary of Defense for Research and Engineering. Dr. Perry has extensive business experience and currently serves on the boards of several high-tech companies and as Chairman of Global Technology Partners. He was the founder and president of Electromagnetic Systems Laboratory (ESL), Inc. Dr. Perry is currently the Michael and Barbara Berberian Professor (emeritus) at Stanford University, with a joint appointment at the Freeman Spogli Institute for International Studies and the School of Engineering.

Samuel Nunn Samuel Nunn served as a United States Senator from Georgia for twenty-four years and as Chairman of the Senate Armed Services Committee and the Permanent Subcommittee on Investigations. He is currently the co-chairman and Chief Executive Officer of the Nuclear Threat Initiative (NTI), a charitable organization working to reduce the global threats from nuclear, biological and chemical weapons. He has served on a number of corporate boards, including Chevron Corporation, the Coca-Cola Company, Dell Computer Corporation, and General Electric Company.

James N. Mattis James N. Mattis is a retired United States Marine Corps general who last served as the 11th commander of United States Central Command. He previously commanded United States Joint Forces Command and served concurrently as NATO’s Supreme Allied Commander Transformation. Prior to that, he commanded I Marine Expeditionary Force, United States Marine Forces Central Command, and 1st Marine Division during the Iraq War. General Mattis retired after more than 41 years of service to the nation.

Richard Kovacevich Richard Kovacevich served as the Chief Executive Officer of Wells Fargo & Company from 1998–2007 and Chairman of the Board from 2001-2009. Prior to Wells Fargo, Kovacevich held numerous executive positions including Division General Manager of General Mills, head of regional retail banking at Citicorp, and President & CEO of Norwest Corporation until its merger with Wells Fargo in 1998. He currently serves on a number of corporate boards, including Cargill Inc., The Clearing House LLC, Cisco Systems Inc., and as a member of the Federal Reserve’s Federal Advisory Council.

Henry A. Kissinger Henry Kissinger is Chairman of Kissinger Associates, Inc., an international consulting firm. Dr. Kissinger served as Assistant to the President for National Security Affairs from 1969-1975 and as Secretary of State from 1973-1977. He has received numerous awards in recognition of his work in foreign policy, including the Nobel Peace Prize and Presidential Medal of Freedom. Dr. Kissinger serves on a number of governmental, corporate, and non-profit organizational boards and is the author of several books; his most recent, On China, was published in 2011.

Sunny Balwani Sunny Balwani is an entrepreneur and a computer scientist. Sunny joined Theranos after dropping out of the Computer Science program at Stanford University. He received his MBA at UC Berkeley and undergraduate degree from UT Austin. Sunny began his career at Lotus Development Corporation, after which he served at Microsoft in various roles, and later started his own company in the business-to-business ecommerce space which he sold to CommerceOne. He currently serves as President and Chief Operating Officer of Theranos.

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11 Comments

  • Reply
    Congratulations 23andme’s Anne Wojcicki & a Theranos Update | The Silicon Valley Story
    October 21, 2013 at 6:37 pm

    […] Have you seen who is on the board of Theranos? See: Blood Money […]

  • Reply
    JBG
    November 5, 2013 at 7:59 am

    “Is there any doubt where Theranos, Palo Alto game changer start up in the blood testing field, is heading with a Board like this? ”

    Ann, it is not at all clear to me what your point is. Your title suggests you harbor dark thoughts. If so, what are they?

    • Reply
      panet
      November 6, 2013 at 12:49 am

      The title is a play on words. Blood represents the (blood) test itself, but also, when looking at the Board, which is heavy on military, I see bloodshed as in war.

      A fast, efficient, inexpensive blood test with a military board says this is going to be used on the battlefield of the future. Theranos is in the old Facebook headquarters in very prime real estate in Palo Alto. This company is already backed and looking to the future – there will be profits from blood. Hence, blood money.

      I could say the same about Lab Corps but this company seems to be multi-tasking the procedure and product.

      Ann

  • Reply
    An Almost Great Palo Alto Start Up: Theranos - The Silicon Valley Story
    June 28, 2014 at 5:14 am

    […] SEE the Theranos post on the very interesting Board of Directors: The Theranos Board […]

  • Reply
    Jim
    July 22, 2014 at 9:06 pm

    With this much military/pentagon input, you can be absolutely, positively, sure that all blood work is DNA sequenced and stored in a huge database. Welcome to the sci-fy future where computers will know your biology better than doctors.

  • Reply
    James Amule
    September 18, 2014 at 4:33 am

    The Military and Theranos: Call it wisdom.
    Elizabeth young as she is,surrounding herself with experienced people who are three times her age,is coming up with a new leadership style. She is taking the counsel the years from her board members.Iam convinced her wisdom will greatly benefit Theranos and humanity.

  • Reply
    ThePatriotMuckraker
    November 2, 2014 at 5:12 pm

    “In a conversation about a year ago, Secretary Shultz said Ms. Holmes could be “the next Steve Jobs or Bill Gates.” Sounds like another “genius” like zuckerberg. Both seem to be well paid puppets of an agenda. Maybe that is why when you listen to holmes and $uckerberg they sound dumb, confused and playing a part.

  • Reply
    ThePatriotMuckraker
    November 2, 2014 at 5:15 pm

    This twat is another Stanford alum, like zuckerberg. Both jews btw. Stanford is also where the CIA was involved with mind control stuff, lol. Unbelievable.

  • Reply
    We're From the Military Industrial Complex and Are Here to Test Your Blood - WhoWhatWhy
    November 17, 2015 at 2:34 pm

    […] from a single, inexpensive finger prick. This has surely been a welcome sight for Theranos’ corporate board, which reads like a who’s who of high level military and government […]

  • Reply
    Timothy Roberts
    November 22, 2015 at 11:04 am

    Elizabeth Holmes speaks in another article of not disclosing Theranos’ methodology due to “intellectual property” concerns. That is standard for capitalism. But how can a company claim “intellectual property” if much of the original research & technology came from the taxpayer-funded Defense Advanced Research Projects Agency (DARPA)? I am not saying that is the case with Theranos. But would Holmes disclose all the details anytime soon? I very much doubt it.

  • Reply
    Theranos, Elizabeth Holmes, Blood Tests: Fraud – The Silicon Valley Story
    June 16, 2018 at 2:19 pm

    […] she was special because the Executive Office of the President came to my website to my post called Blood Money  Also arriving was DOJ,  DOD and CIA. Initial soup – but why? Well, the Executive Office of […]

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