Although some medical device, diagnostics, and other life sciences startups evolve from inception to full-scale commercial success with one CEO, doing so is not common. A startup goes through vastly different phases throughout its scale-up, and few chief executives can transform themselves as their organization dramatically changes.
The highly talked about diagnostics startup Theranos has come under scrutiny lately, with some experts questioning the abilities of CEO Elizabeth Brown, who founded the firm at 19 and is now 31.