bad blood secrets and lies in a silicon valley

Legal bills were only part of the harassment. George Shultz's grandson was caught more than once trying flip his grandfather, and his family was made to spend an obscene amount (I think it was $400K) trying to defend against Theranos lawsuits. Former lab employees discovered the hard way they could run but not hide (those who tried to hide were found by Theranos investigators). One former lab director was driven to suicide, a mere pawn in this game. They made me feel the fear a Theranos lab technician who had to pretend miracles happened. Author and narrator matched up nicely, building strength as the book progressed. But nobody could prove it wasn't being done and besides, the board of directors included: George Shultz James Mattis Henry Kissinger and many other famous heavy hitters. military in Afghanistan - pure fabrication. All those Theranos devices being used by the U.S. It didn't have anything to change the world. The multi-billion dollar secret at the time: Theranos was phony baloney it had no device that could run all types of blood tests with just a drop of blood and then provide instant accurate test results. No lab employee could be allowed to expose the fraud. Fake baritone voiced Elizabeth Holmes and her cruel boyfriend Ramesh 'Sunny' Balwani held them tightly in mortal fear, pursuing the few who thought they could resign and rebuild their lives.

Theranos lab employees were under continuous observation - camera surveillance, email scrutiny, the works. A riveting story of the biggest corporate fraud since Enron, a tale of ambition and hubris set amid the bold promises of Silicon Valley.Įxtreme retaliation against former employees There was just one problem: The technology didn’t work. Backed by investors such as Larry Ellison and Tim Draper, Theranos sold shares in a fund-raising round that valued the company at more than $9 billion, putting Holmes’ worth at an estimated $4.7 billion. In 2014, Theranos founder and CEO Elizabeth Holmes was widely seen as the female Steve Jobs: a brilliant Stanford dropout whose start-up “unicorn” promised to revolutionize the medical industry with a machine that would make blood testing significantly faster and easier. 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) “The story is even crazier than I expected, and I found myself unable to put it down once I started. The full inside story of the breathtaking rise and shocking collapse of Theranos, the one-time multibillion-dollar biotech start-up 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. Named one of the best books of the year by: NPR, The New York Times Book Review, Time, Wall Street Journal, Washington Post

Bad blood secrets and lies in a silicon valley