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Showing posts with label Theranos. Show all posts
Showing posts with label Theranos. Show all posts

Thursday, April 7, 2022

Bad Blood: Secrets and Lies in a Silicon Valley Startup by John Carreyrou

Summary: "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."

What a wild ride that my brain is still trying to comprehend. Like, HOW did this happen??? And why??? Who does that???

Amanda Seyfried deserves an Emmy for her performance in The Dropout. She is superb.

339 pages

goodreads | MOBIUS