Bad Blood - Summarized for Busy People: Secrets and Lies In a Silicon Valley Startup: Based on the Book by John Carreyrou

Business & Finance
Cover of the book Bad Blood - Summarized for Busy People: Secrets and Lies In a Silicon Valley Startup: Based on the Book by John Carreyrou by Goldmine Reads, Lulu.com
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Author: Goldmine Reads ISBN: 9780359474622
Publisher: Lulu.com Publication: March 2, 2019
Imprint: Lulu.com Language: English
Author: Goldmine Reads
ISBN: 9780359474622
Publisher: Lulu.com
Publication: March 2, 2019
Imprint: Lulu.com
Language: English

Back in 2014, the charismatic Elizabeth Holmes, founder and CEO of Theranos, was widely considered as the female counterpart of Steve Jobs. She was a teenage Stanford dropout who had established a startup whose ambitious claim was to develop cutting-edge technology capable of revolutionizing the present blood testing systems in the medical industry. Prominent figures such as Tim Draper and Larry Ellison had invested on Theranos, which once reached a valuation of $9 billion after selling shares in a fundraising round. At this point, Elizabeth Holmes’ net worth was estimated to be around $4.7 billion. All eyes were on Elizabeth Holmes and her company, but the main problem was yet to be solved: Theranos’ technology was a fraud.

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Back in 2014, the charismatic Elizabeth Holmes, founder and CEO of Theranos, was widely considered as the female counterpart of Steve Jobs. She was a teenage Stanford dropout who had established a startup whose ambitious claim was to develop cutting-edge technology capable of revolutionizing the present blood testing systems in the medical industry. Prominent figures such as Tim Draper and Larry Ellison had invested on Theranos, which once reached a valuation of $9 billion after selling shares in a fundraising round. At this point, Elizabeth Holmes’ net worth was estimated to be around $4.7 billion. All eyes were on Elizabeth Holmes and her company, but the main problem was yet to be solved: Theranos’ technology was a fraud.

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