Bad blood: secrets and lies in a Silicon Valley startup

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NEW YORK TIMES BEST SELLER &;  NAMED ONE OF THE BEST BOOKS OF THE YEAR BY: NPR, The New York Times Book Review, Time, Wall Street Journal, Washington Post &; The McKinsey Business Book of the Year   The full inside story of the breathtaking rise and shocking collapse of Theranos, the one-time multibillion-dollar biotech startup founded by Elizabeth Holmes&;now the subject of the HBO documentary The Inventor&;by the prize-winning journalist who first broke the story and pursued it to the end. &;The story is even crazier than I expected, and I found myself unable to put it down once I started. This book has everything: elaborate scams, corporate intrigue, magazine cover stories, ruined family relationships, and the demise of a company once valued at nearly $10 billion.&; &;Bill Gates 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.
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9781524731656
9780593105061
9781524731663
9780525642855
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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 Update2020-09-23 04:51:06AM
Last Indexed2020-09-23 05:04:48AM
Novelist Primary ISBNnone

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auth_author2Damron, Will.
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display_description"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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subject_facetAudiobooks
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_displayBad blood : secrets and lies in a Silicon Valley startup
title_fullBad 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_shortBad blood
title_subsecrets and lies in a Silicon Valley startup
topic_facetBiomedical
Business
Corrupt practices
Entrepreneurship
Fraud
Hematologic equipment industry
History
Holmes, Elizabeth
New business enterprises
Nonfiction
Securities fraud
Technology
Venture Capital