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Bad Blood : Secrets and Lies in a Silicon Valley Startup - John Carreyrou

Bad Blood

Secrets and Lies in a Silicon Valley Startup

Paperback Published: 29th May 2018
ISBN: 9781509868070
Number Of Pages: 320

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One of Bill Gates' "5 Books I Loved in 2018"

Winner of the 2018 Financial Times (FT) and McKinsey & Company Business Book of the Year Award.

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 tests 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 $9 billion, putting Holmes's worth at an estimated $4.7 billion. There was just one problem: the technology didn't work.

For years, Holmes had been misleading investors, FDA officials, and her own employees. When Carreyrou, working at the Wall Street Journal, got a tip from a former Theranos employee and started asking questions, both Carreyrou and the Journal were threatened with lawsuits. Undaunted, the newspaper ran the first of dozens of Theranos' articles in late 2015. By early 2017, the company's value was zero and Holmes faced potential legal action from the government and her investors.

In Bad Blood John Carreyrou tells the story of Theranos, and encourages us to consider the possible repercussions of our blind faith in a small group of brilliant individuals.

Now to be adapted into a film, with Jennifer Lawrence to star.

About the Author

John Carreyrou is a member of the Wall Street Journal's investigative reporting team. He joined the Journal in 1999 and has been based in Brussels, Paris, and New York for the paper. John has covered a number of topics during his career, ranging from Islamist terrorism when he was on assignment in Europe to the pharmaceutical industry and the US healthcare system. His reporting on corruption in the field of spine surgery led to long prison terms for a California hospital owner and a Michigan neurosurgeon. His reporting on Theranos was recognized with a George Polk Award. Born in New York and raised in Paris, he currently resides in Brooklyn with his wife and three children.

WRITE A REVIEW

Gripping

5

Extraordinary true story brilliantly explored by author John Carreyrou. Hard to put down and complex issues well researched and set out making for an easy read.

Sydney

true

"Un-put-downable"

5

Why read fiction when you can read reality! Astonishing tale of Elizabeth Holmes' deception. Founder and CEO of Theranos (+ pathological liar and control freak) had business people, senior military personnel, top US politicians (and ex-presidents), CEOs of large corporations, media moguls under her spell for years. They were all older men who were completely captivated by her promise. In the end, these old "wise" men were fools. The young men and women who worked for her saw the sham and were courageous enough to blow the whistle. Tyler Schulz, I applaud you! For anyone in a startup and particularly anyone in the tech or medical space, it is a great read. I could not put it down. Highly recommended.

Sydney

true

Great read

5

....

Sydney

true

40293317

5.0 3

100.0

ISBN: 9781509868070
ISBN-10: 1509868070
Audience: Professional
Format: Paperback
Language: English
Number Of Pages: 320
Published: 29th May 2018
Publisher: Pan Macmillan
Country of Publication: AU
Dimensions (cm): 23.3 x 15.3  x 2.6
Weight (kg): 0.47