For those who are not, I’d recommend reading this tale of a Silicon Valley Unicorn as it helps demystify to an extent what can really go on behind the scenes at what for most people is the pinnacle of dreams.Bad Blood: Secrets and Lies in a Silicon Valley Startup - John Carreyrou (✯✯✯✯✯) From some of the junior employees who resigned and eventually came out with the truth, I learned a valuable lesson in integrity and accountability.For those of you who are familiar with the Theranos story, this book is a deep look into what really went on for all those years as told by dozens of employees, investors and other stakeholders in the saga. Fill in your details below or click an icon to log in: The viewer’s name—Alan Beam—didn’t ring a bell but his job title got Fuisz’s attention: laboratory director at Theranos.
Theranos — and Theranos was, indisputably, a physical manifestation of Elizabeth Holmes’s psyche — lied from the beginning, and was doing Bad Shit well before Elizabeth became a Young Female Founder icon on the cover of Forbes.I don’t want to go too deep into the details.
): “While checking his emails a few days later, Fuisz saw a notification from LinkedIn alerting him that …
This is the story of Theranos, the $9B startup founded by the Stanford Dropout, the youngest female tech billionaire, Elizabeth Holmes.
From Elizabeth, I learned how charm can hoodwink the best of the best; how to lie your way to 9 BILLION DOLLARS. From Sunny, I took away valuable lessons on what a leader should not be; fear and intimidation will get you what you want in the short term but is like piling on debt; sooner or later, it will catch up with you, and when it does, you will fall like never before.
John Carreyrou Credits: Recode. ): “While checking his emails a few days later, Fuisz saw a notification from LinkedIn alerting him that someone new had looked up his profile on the site. https://allstarbio.com/john-carreyrou-bio-net-worth-career-wife Carreyrou is the prize-winning journalist who first broke the story of the breathtaking rise and shocking collapse of Theranos. She called me the next day.
Post was not sent - check your email addresses! When technology fizzles out, the founder, unable to admit defeat due to immaturity and media adulation, accidentally digs grave for self with good-intentioned but compounding exaggerations.
One of the craziest part about the story (to me) is how First, one of the key connections — the one which actually connected the whistleblower to John Carreyrou, was a LinkedIn profile view notification (! Listen to Masters in Business episodes free, on demand.
In 2015, Wall Street Journal investigative reporter John Carreyrou uncovered the story that health technology startup Theranos and its founder Elizabeth Holmes were hiding the truth about technology that it claimed could perform hundreds of tests on a single drop of blood. I went into the book with as much respect for tech journalism as I have for pond slime, so my prior on the “Ambitious young founder drops out of Stanford with good idea.
Its founder was recently charged with "massive fraud" by the SEC. It’s a great story, and a fascinating window into the nuts-and-bolts of investigative journalism.For anyone living under a cinderblock for the past decade, the tl,dr of Theranos:My whole career, I’ve lived in deep tech, and had to deal with the semi-literate catastrophe of “tech news”. John was able to use Yelp to find doctors to attest to Theranos’s unreliability:“I had another lead, though, after scanning Yelp to see if anyone had complained about a bad experience with Theranos.
Lies build up until the company collapses. See our We sometimes hear how fact can be stranger than fiction. Bloomberg Opinion columnist Barry Ritholtz interviews John Carreyrou, the Pulitzer-winning investigative reporter who exposed wrongdoing at the much-hyped startup Theranos. The technology simply didn’t work. Carreyrou has been awarded the George Polk Award for Financial Reporting, the Gerald Loeb Award … “Hot Startup Theranos Has Struggled With Its Blood-Test Technology”(understatement of the year, albeit only in hindsight). Even before John Carreyrou was done writing “Bad Blood,” he knew there were others clamoring to take a bite of the Theranos apple.
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