It wowed an associate dean at Stanford it persuaded Safeway and Walgreens to spend millions of dollars to set up clinics to showcase Theranos’s vaunted revolutionary technology.Īnd its founder, Elizabeth Holmes, was feted as a biomedical version of Steve Jobs or Bill Gates, a wunderkind college dropout who would make blood testing as convenient as the iPhone.
The company was the subject of adoring media profiles it attracted a who’s who of retired politicos to its board, among them George Shultz and Henry Kissinger. In Theranos’s brief, Icarus-like existence as a Silicon Valley darling, marquee investors including Robert Kraft, Betsy DeVos and Carlos Slim shelled out $900 million. The devices Biden saw weren’t close to being workable they had been staged for the visit.īiden was not the only one conned. Biden saw rows of impressive-looking equipment - the company’s supposedly game-changing device for testing blood - and offered glowing praise for “the laboratory of the future.” In 2015, Vice President Joe Biden visited the Newark, Calif., laboratory of a hot new start-up making medical devices: Theranos. ZIP Reads is wholly responsible for this content and is not associated with the original author in any way.BAD BLOOD Secrets and Lies in a Silicon Valley Startup By John Carreyrou 352 pp. Follow this tale of fraud, intrigue, lies, and a woman who would do anything to protect her darkest secret.ĭISCLAIMER: This book is intended as a companion to, not a replacement for, Bad Blood: Secrets and Lies in a Silicon Valley Startup. In 2016, she was purported to be the world's "youngest female self-made billionaire." Until it all came crashing down. In Bad Blood: Secrets and Lies in a Silicon Valley Startup, John Carreyrou presents a detailed history of the events leading up to Elizabeth Holmes's fall from grace. A behind-the-scenes look into Theranos's operations and how the fraud was perpetrated.Detailed accounts of meetings and interactions.What does this ZIP Reads Summary include? In it, he unravels the lies told by billionaire sweetheart Elizabeth Holmes, who found her success by selling a technology that never existed - for more than 10 years. Journalist John Carreyrou uncovers the scam of a century in his riveting investigative book, Bad Blood.
PLEASE NOTE: This is a summary and analysis of the book and not the original book.
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