Proteus Digital Health was once valued at $1.5 billion. A privately held company, it raised over $400 million from investors.
Now, the company is bankrupt and in talks to sell its remaining assets for $15 million.
That’s a Return on Invested Capital of -96.4%.
Read that again, a return of NEGATIVE NINETY-SIX POINT FOUR PERCENT for one of the most hyped digital health companies of all time.
So, what did AMOS have to say about Proteus Digital Health back in Q1 2019?
AMOS gave Proteus an Exit Probability of 7.0% — and said to AVOID.
Furthermore, of the 41 companies that AMOS evaluated in Q1 2019, Proteus had the third worst exit likelihood.
Don’t go into your next startup investment blindly. Know your odds before you invest with AMOS.