Bad Blood: Secrets and Lies in a Silicon Valley Startup: secrets and lies in a Silicon Valley startup

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Pub. Date:
2018
Language:
English
Description
A National Besteller "Chilling...Reads like a West Coast version of All the President's Men. " --The New York Times Book Review 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 its 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 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.
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ISBN:
9781984833631
9781524731656
152473165
9781524731663
9780525642855
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Grouped Work ID b6b460c8-beb5-0566-30a6-eeb9acce7268
Grouping Title bad blood secrets and lies in a silicon valley startup
Grouping Author carreyrou john
Grouping Category book
Last Grouping Update 2019-04-19 09:43:30AM
Last Indexed 2019-04-19 09:52:13AM

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auth_author2 Damron, Will,
author Carreyrou, John,
author2-role Damron, Will,narrator.
author_display Carreyrou, John
detailed_location_steamboatschools Online OverDrive Collection
display_description 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. For years, Holmes had been misleading investors, FDA officials, and her own employees. When John 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 Holmes faced potential legal action from the government and her investors. The biggest corporate fraud since Enron is a cautionary tale set amid the bold promises and gold-rush frenzy of Silicon Valley.
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subject_facet Audiobooks, BUSINESS & ECONOMICS -- Entrepreneurship, BUSINESS & ECONOMICS -- Finance, BUSINESS & ECONOMICS / Entrepreneurship, BUSINESS & ECONOMICS / Finance, Fraud, Fraud -- United States, Hematologic equipment industry, Hematologic equipment industry -- United States, History, Holmes, Elizabeth, -- 1984-, New business enterprises -- Corrupt practices -- United States -- Cases, Securities fraud -- United States -- Cases, TECHNOLOGY & ENGINEERING -- Biomedical, TECHNOLOGY & ENGINEERING / Biomedical, Theranos (Firm) -- History, United States
title_display Bad Blood: Secrets and Lies in a Silicon Valley Startup
title_full Bad Blood Secrets and Lies in a Silicon Valley Startup, Bad Blood: Secrets and Lies in a Silicon Valley Startup Carreyrou, John., Bad blood : secrets and lies in a Silicon Valley startup / John Carreyrou
title_short Bad Blood: Secrets and Lies in a Silicon Valley Startup
title_sub secrets and lies in a Silicon Valley startup
topic_facet BUSINESS & ECONOMICS, BUSINESS & ECONOMICS / Entrepreneurship, BUSINESS & ECONOMICS / Finance, Biomedical, Business, Corrupt practices, Entrepreneurship, Finance, Fraud, Hematologic equipment industry, History, Holmes, Elizabeth, New business enterprises, Nonfiction, Securities fraud, TECHNOLOGY & ENGINEERING, TECHNOLOGY & ENGINEERING / Biomedical, Technology