Theranos, from World Hero to World Zero! 10 lessons for Silicon Valley and for every business person.
‘Bad Blood’, by far my preferred book of 2018 and probably of the last few years!
As a X-mass gift to my son I ordered the book ‘Bad Blood: Secrets and Lies in a Silicon Valley Startup’ from John Carreyrou, a two-time Prize-winning investigative reporter of the Wall Street Journal. A book describing the rise, the hype and fall of the blood-testing startup Theranos, its CEO/founder Elizabeth Holmes and COO/boyfriend Ramesh 'Sunny' Balwani. A true story masterly written by John Carreyrou.
As my son already started another book I ended up reading it first. What a roller-coaster, what a thriller, what an unbelievable story, what a journalism! I just couldn’t stop reading and couldn’t believe reading the details of a story I knew was a true business story. Even if you would try to invent it, you would fall short of this reality.
What's the story?
Theranos was a unicorn (valuation >$1B) promising to disrupt the medical industry and revolutionize the laboratory testing world by producing multiple fast blood-testings just with a drop of blood. It was founded by Elizabeth Holmes in 2003 after leaving Stanford University as a 19-year-old. In 2015, Forbes named her the youngest and richest female entrepreneur billionaire with a $9B valuation ...
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As a X-mass gift to my son I ordered the book ‘Bad Blood: Secrets and Lies in a Silicon Valley Startup’ from John Carreyrou, a two-time Prize-winning investigative reporter of the Wall Street Journal. A book describing the rise, the hype and fall of the blood-testing startup Theranos, its CEO/founder Elizabeth Holmes and COO/boyfriend Ramesh 'Sunny' Balwani. A true story masterly written by John Carreyrou.
As my son already started another book I ended up reading it first. What a roller-coaster, what a thriller, what an unbelievable story, what a journalism! I just couldn’t stop reading and couldn’t believe reading the details of a story I knew was a true business story. Even if you would try to invent it, you would fall short of this reality.
What's the story?
Theranos was a unicorn (valuation >$1B) promising to disrupt the medical industry and revolutionize the laboratory testing world by producing multiple fast blood-testings just with a drop of blood. It was founded by Elizabeth Holmes in 2003 after leaving Stanford University as a 19-year-old. In 2015, Forbes named her the youngest and richest female entrepreneur billionaire with a $9B valuation ...
Read More on Datafloq
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