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Bad Blood by John Carreyrou EPUB

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Books : Other : English
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Bad
Blood by John Carreyrou EPUB

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 their 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 $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 in March 2018 the SEC charged Holmes with perpetrating "an elaborate, years-long fraud."

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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