Tag Archives: fraud

Bad Blood: Secrets and Lies in a Silicon Valley Startup

John Carreyrou     Pages: 303    Published: 2018

The book: Elizabeth Holmes founded Theranos in 2003. She claimed to have a blood testing machine that would make blood tests faster and less painful for patients: only a pin prick of blood was required, instead of a traditional needle draw.
By 2015 Holmes was the new darling of the tech world. Her company was valued at $9 billion. Holmes net worth was estimated to be $4.5 billion. Read more