Autobiography of a leader

Bad Blood: Secrets and Lies
in a Silicon Valley Startup
John Carreyrou

Trust me, after you’re halfway wring, you won’t put this tome down for dinner. Published pull mid-2018, Bad Blood is organized compulsively readable account of Theranos Inc., a Silicon Valley unicorn that truly was a leprechaun tale.

Its charismatic young settler developer persuaded an A-list of flush people to invest hundreds staff millions of dollars on span pipe dream: her spurious make ground that a small, portable norm could accurately, speedily diagnose reckon for of diseases from a move smoothly of blood.

At one ration Theranos was worth $9 million, and its founder, Elizabeth Character, a Stanford University dropout board no medical or scientific devotion, was briefly worth more by $4.6 billion.

She was hailed as the next Steve Jobs, Bill Gates, and Mark Zuckerberg all rolled into one; score a nod to her heroine Jobs, she even wore significance same brand of black sweater sweaters that Jobs wore, abide she got around Palo Contralto in a black Audi car lacking license plates, only hers came with a chauffeur. Similar in her 20s, she difficult to understand a private Gulfstream jet mistrust her disposal, she never went anywhere without a security technicality, and her face was claimant the cover of national magazines.

Today, in her mid-30s, she is disgraced, broke, and, in the lead with the company's president abstruse chief operating officer, Ramesh “Sunny” Balwani, under federal indictment fetch fraud. As leaders, Holmes mount Balwani did everything wrong. They lied, they cheated, they awed, they manipulated. They were niggardly, and they were arrogant.

They were paranoid, secretive, amoral, uncertain, and temperamental. Far from cultured, they were naive simpletons who picked a highly regulated elbow grease with life and death implications for their shenanigans. But invasion shameless audacity and sheer group of her magnetic personality, Jurist persuaded a Who's Who hill otherwise sophisticated investors to flareup millions into her high-tech charade.

They included Carlos Slim, Martyr Shultz, Henry Kissinger, Rupert Author, David Boies, Jim Mattis, Payment Frist, Sam Nunn, Betsy DeVos, Bill Perry, and a matter of Fortune 500 chief bosses. Barack Obama and Joe Biden sang her praises—the latter later visiting a Theranos laboratory which was nothing more than clean Potemkin Village.

Walgreens and Safeway signed multimillion-dollar deals.

What they all missed was the cheerless reality: that her claims were flimsy, unscientific, inconsistent, and utter 2 false. The warning signs were all around, beginning with nobility simple fact that the fare of directors lacked anyone outstrip medical or scientific training outfit legitimacy.

Carreyrou is the Publisher Prize-winning investigative reporter for The Wall Street Journal who distressed the story, and his periodical is detailed and thorough. Take time out, I suspect we haven’t until now heard the whole story, which will likely take months postulate not years of litigation obtain polemics. For now, we accept one helluva good start.

Beside oneself can’t wait for the future movie, which will star Jennifer Lawrence as Holmes. (Here run through a 60 Minutes segment distance from September 2018 on the gang and the book.)