Bad blood : secrets and lies in a Silicon Valley startup
(Book)

"This is a Borzoi book"--Title page verso.

Includes bibliographical references (pages [305]-324) and index.

"In 2015, 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 fund-raising round that valued the company at more than $9 billion, putting Holmes's worth at an estimated $4.5 billion. There was just one problem: the technology didn't work. For years, Holmes had been misleading investors and retail partners such as Safeway and Walgreens, hiding the fact that her technology was flawed and had serious limitations. Meanwhile, Holmes and her partner, Sunny Balwani, fostered a mercurial and highly secretive workplace environment in which Theranos employees routinely saw their colleagues fired for raising red flags. Their deception would lead to nearly one million false test results, some of which seriously jeopardized the health of patients."--Page [2] of cover.