Bad Blood: Secrets and Lies in a Silicon Valley Startup

Number 28001
Subject Fraud
Source
State
Year 2018
Publication Date
Summary 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 more than $9 billion, putting Holmes's worth at an estimated $4.7 billion. There was just one problem: The technology didn't work. A riveting story of the biggest corporate fraud since Enron, a tale of ambition and hubris set amid the bold promises of Silicon Valley.
Category
Pages
Keywords corporate fraud, Elizabeth Holmes, Theranos, blood testing, Silicon Valley, medical industry
Related Links https://www.penguinrandomhouse.com/books/549478/bad-blood-by-john-carreyrou/9781524731656/
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