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Bad Blood: Secrets and Lies in a Silicon Valley Startup cover

Bad Blood: Secrets and Lies in a Silicon Valley Startup

John Carreyrou

1

award won

8

score

#797 of 3,809 books · #9 in Business & Economics

Won the Financial Times and Standard Chartered Business Book of the Year Award (2018).

Bad Blood won the National Book Award and was a National Bestseller. 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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Publisher
Vintage
ISBN-13
9781524731663
Topics
Corporate fraudSilicon Valley startupsTheranos scandal

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