Bad blood: secrets and lies in a Silicon Valley startup

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NATIONAL BESTSELLER • The gripping story of Elizabeth Holmes and Theranos—one of the biggest corporate frauds in history—a tale of ambition and hubris set amid the bold promises of Silicon Valley, rigorously reported by the prize-winning journalist. With a new Afterword.

“Chilling ... Reads like a thriller ... Carreyrou tells [the Theranos story] virtually to perfection.” —The New York Times Book Review

In 2014, Theranos founder and CEO Elizabeth Holmes was widely seen as the next Steve Jobs: a brilliant Stanford dropout whose startup “unicorn” promised to revolutionize the medical industry with its breakthrough device, which performed the whole range of laboratory tests from a single drop of blood. 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 $4.5 billion. There was just one problem: The technology didn’t work. Erroneous results put patients in danger, leading to misdiagnoses and unnecessary treatments. All the while, Holmes and her partner, Sunny Balwani, worked to silence anyone who voiced misgivings—from journalists to their own employees.
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ISBN:
9781524731656
9780593105061
9781524731663
9780525642855
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Grouping Information

Grouped Work IDbaef1559-c66a-350a-94da-a1c38154f67e
Grouping Titlebad blood secrets and lies in a silicon valley startup
Grouping Authorjohn carreyrou
Grouping Categorybook
Grouping LanguageEnglish (eng)
Last Grouping Update2023-06-04 04:07:59AM
Last Indexed2023-06-04 04:26:59AM

Solr Fields

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Carreyrou, John
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"The full inside story of the breathtaking rise and shocking collapse of a multibillion-dollar startup, by the prize-winning journalist who first broke the story and pursued it to the end in the face of pressure and threats from the CEO and her lawyers. 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. Here is the riveting story of the biggest corporate fraud since Enron, a disturbing cautionary tale set amid the bold promises and gold-rush frenzy of Silicon Valley"-- "The full inside story of the breathtaking rise and shocking collapse of Theranos--the Enron of Silicon Valley--by the prize-winning journalist who first broke the story and pursued it to the end in the face of pressure and threats from the CEO and her lawyers. 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 an early 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. Here is the riveting story of the biggest corporate fraud since Enron, a disturbing cautionary tale set amid the bold promises and gold-rush frenzy of Silicon Valley"--
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Audio Books
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eBooks
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Online OverDrive Collection
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9781524731656
publishDate
2018
publisher
Alfred A. Knopf
Books on Tape
Knopf Doubleday Publishing Group
Random House Audio
recordtype
grouped_work
subject_facet
Audiobooks -- Unabridged
Biomedical -- TECHNOLOGY & ENGINEERING
Electronic books
Entrepreneurship -- BUSINESS & ECONOMICS
Fraud -- United States
Hematologic equipment industry -- United States
Holmes, Elizabeth, -- 1984-
New business enterprises -- Corrupt practices -- United States -- Case studies
Securities fraud -- United States -- Case studies
Theranos (Firm) -- History
True crime stories
Venture Capital -- Corporate Finance
title_display
Bad blood : secrets and lies in a Silicon Valley startup
title_full
Bad Blood Secrets and Lies in a Silicon Valley Startup
Bad Blood Secrets and Lies in a Silicon Valley Startup [electronic resource] Carreyrou, John.
Bad blood : secrets and lies in a Silicon Valley startup / John Carreyrou
title_short
Bad blood
title_sub
secrets and lies in a Silicon Valley startup
topic_facet
Biomedical
Business
Corrupt practices
Entrepreneurship
Fraud
Hematologic equipment industry
History
Holmes, Elizabeth
New business enterprises
Nonfiction
Securities fraud
Technology
Venture Capital

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