Bad Blood

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The full inside story of the breathtaking rise and shocking collapse of Theranos, the multibillion dollar biotech startup, by the prize winning journalist who first broke the story and pursued it to the end, despite pressure from its charismatic CEO and threats by 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 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 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. Download Bad Blood – kino-fada.fr The resignations infuriated Elizabeth and Sunny The following day, they summoned the staff for an all hands meeting in the cafeteria Copies of The Alchemist by Paulo Coelho had been placed on every chair Elizabeth told the gathered employees that she was building a religion If there was anyone not prepared to show complete devotion and unmitigated loyalty to the company they should get the fuck out The Steve Jobs SyndromeI have covered Silicon Valley as a journalist and author for three d The resignations infuriated Elizabeth and Sunny The following day, they summoned the staff for an all hands meeting in the cafeteria Copies of The Alchemist by Paulo Coelho had been placed on every chair Elizabeth told the gathered employees that she was building a religion If there was anyone not prepared to show complete devotion and unmitigated loyalty to the company they should get the fuck out The Steve Jobs SyndromeI have covered Silicon Valley as a journalist and author for three decades now I m not big on attending conferences, but made a point to go to an awards event at a favorite forum in September 2015 Among the recipients that year was Silicon Valley legend, Andy Grove, getting the lifetime achievement award.Also on the list, getting the glo...Early in my career I worked at a next generation sequencing startup with Theranos level ambitions In fact, it went further The founders mission was to cure aging Literally, the goal was immortality.There were other similarities The company was founded by wunderkinds, they won the attention and support of a prominent professor in the field, they dropped out and raised millions of dollars from non hard tech investors off the back of a concept, then tens of millions of dollars off the back of Early in my career I worked at a next generation sequencing startup with Theranos level ambitions In fact, it went further The founders mission was to cure aging Literally, the goal was immortality.There were other similarities The company was founded by wunderkinds, they won the attention and support of a prominent professor in the field, they dropped out and raised millions of dollars from non hard tech investors off the back of a concept, then tens of millions of dollars off the back of a glued together prototype, all while pursuing a fantastical goal.The company was wild but not fraudulent Quite the contrary When the founders realized that the technology was not goin...Just when I thought all reporters ever did any was see what was trending on social media and write stories with titles like You ll cheer how this mom clapped back at her body shamers on Twitter, this book gives me hope that old fashioned investigative journalism is alive and well and doing exactly what it s supposed to shine an unflinching hot light on those who abuse their power and privilege Here, it s aimed at the bizarre cult of Elizabeth Holmes and her disruptive game changing c Just when I thought all reporters ever did any was see what was trending on social media and write stories with titles like You ll cheer how this mom clapped back at her body shamers on Twitter, this book gives me hope that old fashioned investigative journalism is alive and well and doing exactly what it s supposed to shine an unflinching hot light on those who abuse their power and privilege Here, it s aimed at the bizarre cult of Elizabeth Holmes and her disruptive game changing company, Theranos.Silicon Valley is the epitome of medio...58th book for 2018.John Carreyrou the unicorn killer Shortly before Carreyrou s expose appeared in the Wall Street Journal, Theranos, a Silicon Valley biotech startup, had a valuation of 10 billion dollars, within a few months it s net worth was close to zero All hail the power of investigative journalism It took me about a third of the book 100 pages to really get into the Theranos story, but once hooked, I couldn t put the book down and read the final 200 pages in a single afternoon In Bad 58th book for 2018.John Carreyrou the unicorn killer Shortly before Carreyrou s expose appeared in the Wal...Should be mandatory B School readingI read this book in one day I had read some articles and or saw TV shows on Theranos and Elizabeth Holmes, but my knowledge was pretty general Once I started the book, I could not put it down I canceled lunch with a friend so I could continue reading I ordered pizza for the family so I could continue reading The story is interesting and shocking It is a story that every Board should read because ultimately it failed ...Simultaneously riveting and immensely frustrating in the way that I imagine watching a trainwreck in slow motion might be, major props go to John Carreyrou for seeing through and doggedly pursuing a story that undoubtedly could have ended with a fa...Bad Blood takes us through the journey of a Silicon Valley bio tech start up, Theranos It s one where a start up after creating tremendous hype about saving lives ended up going up in smokes due to fraud and misrepresentation I have always been piqued by corporate fraud stories I read about Enron much after it happened With Theranos , as I was reading through the book, I remembered many incidents and the different articles I had read on fortune , Forbes and New Yorker and lived t...While pretty much everyone in this book who is rich and powerful comes off looking bad, it is less a tale of typical fraud, like a Ponzi scheme, anda tale of human foibles These were expertly played on by Elizabeth Holmes, a very young woman of little productive talent and no particular evident intelligence, but with a natural gift for sales and embodying the icy manipulative abilities of the sociopath Fascinating stuff, all of it, and worth reading just to make sure that you don t fall While pretty much everyone in this book who is rich and powerful comes off looking bad, it is less a tale of typical fraud, like a Ponzi scheme, anda tale of human foibles These were expertly played on by Elizabeth Holmes, a very young woman of little productive talent and no particular evident intell...Eagerly awaiting for this book for well over a year, I ordered immediately on the release date I have been actively following the Theranos scandal for some time but this book exceeded every expectation I had The story is shocking and maddening in its own right but Carreyrou s excellent writing and superb journalism makes thi...I was skeptical when I first heard about this story getting adapted into a film starring Jennifer Lawrence is there enough material to justify a Hollywood production And then I read the book holy shit The movie is going to be great The degree of lies and manipulation by Theranos leaders is truly insane It amounted up to 9 billion valuation, and it turns out almost entirely built on smoke and mirrors Because the story is so crazy, it s easy to get caught up in the 2 people at the cent I was skeptical when I first heard about this story getting adapted into a film starring Jennifer Lawrence is there enough material to justify a Hollywood production And then I read the book holy shit The movie is going to be great The degree of lies and manipulation by Theranos leaders is truly insane It amounted up to 9 billion valuation, and it turns out almost entirely built o...

Bad Blood
  • 02 June 2018
  • Hardcover
  • 352 pages
  • 152473165X
  • John Carreyrou
  • Bad Blood