Publisher: Pan MacMillan
Weight: 420 g
In 2014, Theranos founder and CEO Elizabeth Holmes was widely seen as the female Steve Jobs: a brilliant Stanford dropout whose startup "unicorn" promised to revolutionize the medical industry with a machine that would make blood testing significantly faster and easier. Backed by investors such as Larry Ellison and Tim Draper, Theranos sold shares in a fundraising round that valued the company at more than $9 billion, putting Holmes's worth at an estimated $4.7 billion. There was just one problem: The technology didn't work.
In Bad Blood, John Carreyrou tells the riveting story of the biggest corporate fraud since Enron, a tale of ambition and hubris set amid the bold promises of Silicon Valley.
It’s like reading a juicy gossip magazine, the author thoughtfully written the storyline to give us goosebumps and so hard to put the book down. Very well recommended! Moral of this book keep your passion straight and be honest while working on it, dont take shortcut!
A fascinating account of the Theranos affair. If it wasn't true, it could have been a taut thriller. Ambition + greed lead to the initial success and doom of Theranos, in my opinion. The two main characters, Elizabeth Holmes and Sunny Balwani take the main stage in the whole affair, and reading this account makes me wonder if both were guilty of manipulation of each other and others around them, who placed their trust in Holmes vision. A must read.
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