The decline and fall of elizabeth holmes and theranos. Rigorously reported and fearlessly written, bad blood is a gripping story of the biggest corporate fraud since enrona tale of ambition and hubris set amid the bold promises of silicon valley. But in his new book, john carreyrou uncovers that theranos. Theranos movie based on bad blood book to star jennifer. Carreyrou tells the story in his new book bad blood. A film version is reportedly scheduled for release in 2020, starring jennifer lawrence as elizabeth holmes, written by vanessa taylor and directed by adam mckay. Bad blood author carreyrou on elizabeth holmes and theranos. A source told me after the book s publication that the last lab director that theranos had who left the company was lobbying elizabeth holmes to. The company soared in valuation after she and others claimed the company had revolutionized blood testing by developing testing methods that could use surprisingly small volumes of blood, such as from a fingerprick, and also claimed these. The story bad blood was written by john carreyrou, the wall street journal journalist who uncovered the theranos scam. Secrets and lies in a sillicon valley startup, detailing his investigation of theranos. Bad blood has sold almost a million copies since it was released. Elizabeth holmes and her company, theranos, promised to change the way people got blood tests. I just finished john carreyrous bad blood, a book ostensibly about the rise and demise of disgraced company theranos, but really the sort of insiderish tale i love about how his own coverage.
Does the book cover elizabeth holmes motives for doing what she did. Jun 07, 2018 theranos experimented on arizonans with faulty blood tests, book says. Oct 08, 2016 elizabeth holmes and her company, theranos, promised to change the way people got blood tests. Elizabeth holmes, founder of the supposedly revolutionary bloodtesting company theranos, has been indicted for wire fraud and conspiracy.
Apr 12, 2018 theranos refused to publish anything yet applied to the fda for approval of its blood tests, even though that was unprecedented in diagnostics and unnecessary, and it wasnt clear if the fda had. The rise and fall of theranos, the bloodtesting startup that. Former theranos ceo elizabeth holmes really believed that she was doing something positive. Jan 25, 2019 it examines the same scandal covered by john carreyrous popular book bad blood. Blood money the rise and fall of elizabeth holmes, silicon valleys startup queen. In the second part of the book the author compellingly relates. A source told me after the book s publication that the last lab director that theranos had who left the company was lobbying elizabeth holmes to void every single blood test the company had ever.
Elizabeth anne holmes born february 3, 1984 is an american businesswoman who founded and was the ceo of theranos, a nowdefunct health technology company. This book is an excellent blow by blow account of how a blood testing company led by a charismatic and highly intelligent stanford drop out, elizabeth holmes, became one of the hottest silicon valley start ups and then crashed to nothing. Secrets and lies in a silicon valley startup, is by investigative reporter. Elizabeth holmes of theranos is barred from running lab for 2 years. Since then, carreyrous 2018 book about the onetime. Extheranos ceo holmes believed she was helping the world. Theranos founder elizabeth holmes worshipped steve jobs to the point where she took to wearing black turtlenecks like he did, and she. Secrets and lies in a silicon valley startup is a new book about theranos and its founder, elizabeth holmes. Aug 23, 2018 jim cramer sits down with the man who broke the story about theranos, bad blood author john carreyrou. A bloodsplattered theranos machine nearly pricks an employee struggling to fix it.
In 2015, the wall street journal reporter broke the news of. What the theranos documentary misses the new republic. Book, podcast, new documentary examine theranos founder. It was a bait and switch for investors that kept the money rolling in. Bad blood author john carreyrou on why he left the wall. Jan 24, 2019 a blood splattered theranos machine nearly pricks an employee struggling to fix it. Blood money the rise and fall of elizabeth holmes, silicon. Instead, as a newly released bestselling book suggests, the theranos story is a cautionary tale. It was initially touted as a breakthrough technology company, with claims of having devised blood tests that needed only very small amounts of blood and could be performed very rapidly using small automated devices the company had developed. In bad blood, the wall street journals john carreyrou takes us through the stepbystep history of theranos, a silicon valley startup that became almost mythical, in no small part due to its young, charismatic founder elizabeth holmes. Reporter john carreyrou on the bad blood of theranos. Jim cramer sits down with the man who broke the story about theranos, bad blood author john carreyrou. I thoroughly enjoyed this book and barely wanted to put it down. Last year, gates recommended bad blood, the story of bloodtesting startup theranos, which deceived its investors, patients, and business partners into believing its technology actually worked.
Aug 29, 2019 carreyrou exposed her blood testing company theranos as an apparent fraud before going on to write the book based off of his work. Theranos said it would change the way blood testing workedit raised over a billion dollars on that promise. Theranos, the multibilliondollar biotech startup headed by elizabeth holmes. Still, i recently found myself reading a book so compelling that i. Mar 16, 2019 even before john carreyrou was done writing bad blood, he knew there were others clamoring to take a bite of the theranos apple. Carreyrou continued to expose holmes in a series of articles and in 2018, published a book titled, bad blood. Simpson trial then toss in some outrageous social media and a huge dose of sensationalistic tv and you have the basis for this astonishing book.
Out for blood in silicon valley, airing monday 9 edtpst, follows the jawdropping rise and fall of elizabeth holmes, the enigmatic young founder of theranos. Theranos invented revenue estimates from whole cloth. It was formed in 2003 by then 19yearold elizabeth holmes, who dropped out of stanford university to launch the company. Holmes told the companys engineers to modify standard bloodtesting machines to run theranos s tests. In 1976, thompson published blood and money, an investigation into the deaths of texas socialite joan robinson hill and her husband, john hill. John carreyrou, a the wall street journal reporter whose work exposed theranos, published a book length treatment in may 2018 titled bad blood. It sold four million copies in fourteen languages and won the edgar award and the texas institute of letters prize for best nonfiction book. A secret behind theranoss downfall is revealed vanity fair. Secrets and lies in a silicon valley startup, focuses on understanding the culture at theranos and the tyrannic leadership.
Theranos, a silicon valley bloodtesting startup, duped arizonans with faulty products, an. May 22, 2018 the book, written by the wall street journals john carreyrou, explained how and why theranos ceo elizabeth holmes released what she claimed to be a revolutionary blood testing product that did. Im interested in knowing the reasons behind her actions, since money appears not to. Low used the money to ascend the social ladder, throwing lavish parties at his luxury. Elizabeth holmes of theranos is barred from running lab.
Where is theranos founder elizabeth holmes today what. Wall street journal reporter john carreyrou tells the astounding story of the silicon valley startup that dazzled investors, but whose. Holmes denied all the claims, calling the newspaper a tabloid and promising the company would publish data on the accuracy of its tests. Blood money james grippando take the horror of the casey anthony trial and acquittal, mix in a good dose of the o. Secrets and lies in a silicon valley startup is a nonfiction book by. Theranos experimented on arizonans with faulty blood tests, book says. Holmes told the companys engineers to modify standard blood testing machines to run theranoss tests. Carreyrou reconstructs the history of theranos, explains how he broke the story, and details theranos attempts to bully him and the journal before everything finally collapsed. The wall street journal reporter john carreyrou first broke.
The rise and fall of the medicaltesting company features in a new documentary. John carreyrous new book on silicon valley bad blood. Bad blood, an enjoyable book by john carreyrou, an investigative journalist, charts ms holmess. Court documents have revealed how much the prominent figures who bankrolled theranos rise will lose unless the blood testing firm. Npr, san francisco chronicle, time, esquire, fortune, marie claire, gq, mental floss, science friday, bloomberg, popular mechanics, bookriot, the seattle times, the oregonian, publishers weekly, library journal. Blood money the rise and fall of elizabeth holmes, silicon valleys. In fact, theranos was mythical for a different reason, because the technological promise it was founded uponthat vital. Holmes is facing 11 criminal charges for wire fraud related to her time as ceo of the company. Bad blood explores the culture inside disgraced startup. Theranos, a silicon valley blood testing startup, duped arizonans with faulty products, an investigative reporter claims in a. Elizabeth holmes raised hundreds of millions of dollars from investors on the promise that her medicaltesting startup theranos inc. And while carreyrous virtuosic bad blood will surely serve as the definitive account of theranos s rise, its fundamentally a book of reportage and does not aim to present indepth analysis. The story of theranos downfall in the hands of elizabeth holmes with vinoo varghese and matthew moore on trt world. Secrets and lies in a silicon valley startup by john.
Elizabeth holmes the inventor vs bad blood vs dropout. Secrets and lies in a silicon valley startup wikipedia. In addition to the dropout and the inventor, the story of holmes and theranos is being developed into a movie starring jennifer lawrence called bad blood, based on carreyrous book of the. Secrets and lies in a silicon valley startup, focuses on understanding the culture at theranos and the tyrannic leadership that steered the startup to its onetime valuation. In 2010, the sec says holmes showed the pharmacy chains executives written evidence that theranos would be able to run just about any blood. May 21, 2018 theranos said it would change the way blood testing workedit raised over a billion dollars on that promise. The rise and collapse of theranos has been breathlessly chronicled, from the book that first revealed the breadth of the scam, john carreyrous bad blood. May 21, 2018 theranos invented revenue estimates from whole cloth. The book, written by the wall street journals john carreyrou, explained how and why theranos ceo elizabeth holmes released what she claimed to. Jun 23, 2018 elizabeth holmes, founder of the supposedly revolutionary blood testing company theranos, has been indicted for wire fraud and conspiracy. Carreyrous book bad blood tackles the rise and fall of biotech startup theranos and holmes, its founder.
A bestselling book, hit podcast and now a new documentary. Such blemishes in no way detract from the power of bad blood. Inside bad blood, the new theranos book from john carreyrou. The company, theranos, was pioneering a new kind of blood testing. Blood, fraud and money led to theranos ceos fall from.
Mar 18, 2019 bad blood is the real beall endall of theranos information, and some of the other material on this list draws heavily from it. Theranos, her company named by combining the words therapy and diagnostics, was supposed to be able to run hundreds of medical tests with just one drop of blood from a pinprick on each. The characters in john carreyrous bad blood are contemporary figures mostly businesspeople, scientists, and investors. The rise and fall of theranos, the blood testing startup that went from silicon valley darling to facing fraud charges. John carreyrou talks bad blood book and theranos ceo. The sec says elizabeth holmes fraud was worse than anyone. The saga of theranos highlights the danger of glorifying novice entrepreneurs. On wednesday, securities regulators called her a fraud and forced her to give up the company she built. In bad blood, john carreyrou tells of the rise and incredible fall of theranos, the biotech company that was going to revolutionize blood testing. Theranos founder elizabeth holmes charged with massive.
Its claim to fame was that with just a few drops of blood taken from a finger prick instead of several vials drawn from a big. Its been several years since the wall street journals john carreyrou first started exposing the fraud at bloodtesting startup theranos. It covers the rise and fall of the firm theranos, the multibilliondollar biotech startup headed by elizabeth holmes. Gates recommended bad blood, the story of blood testing startup theranos. But in his new book, john carreyrou uncovers that theranoss greatest innovation.
Blood, fraud and money led to theranos ceos fall from grace. The inside story of the theranos scandal is almost too wild to believe. Blood, fraud and money led to theranos ceos fall from grace by. Stories from bad blood book on theranos and elizabeth holmes. The author, a reporter for the wall street journal, claimed to have. Mar 14, 2018 blood, fraud and money led to theranos ceos fall from grace by. Theranos founder elizabeth holmes charged with massive fraud. The spectacular failure of bloodtesting firm theranos is the subject of a riveting book, bad blood by investigative reporter john carreyrou, and an.
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