Bad Blood: Secrets and Lies in a Silicon Valley Startup
By: John Carreyrou
Format/Source: eBook; my purchase
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.
A riveting story of the biggest corporate fraud since Enron, a tale of ambition and hubris set amid the bold promises of Silicon Valley.
I was curious to check out this book after I had seen the trailer of The Inventor. I had heard of the Elizabeth Holmes story in passing but nothing in great detail so when this book came up during a sale on Kobo I figured it was a good time to check it out.