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Read & Download Bad Blood: Secrets and Lies in a Silicon Valley Startup 107 Read ´ eBook, PDF or Kindle ePUB Ë learntopark.co.za Nd despite pressure from its charismatic CEO and threats by her lawyersIn 2014 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 sol. This book was different from my usual choices and came recommended by my sister It s an interesting story though as it s a documentary style book with lots of people involved it is at times hard to follow Characters are also introduced in a way that makes you think they ve been in the book before when they haven t so I was flipping back a lot thinking do I know this person Have I missed something If I hadn t had a bookmark a lot of the time I didn t know where I had left off because it was so detailed and therefore a bit confusing but once I decided to plod on and give up trying to understand every aspect it was easier to get on with and overall it was an enjoyable read

Read Bad Blood: Secrets and Lies in a Silicon Valley Startup

 Bad Blood: Secrets and Lies in a Silicon Valley Startup

Read & Download Bad Blood: Secrets and Lies in a Silicon Valley Startup 107 Read ´ eBook, PDF or Kindle ePUB Ë learntopark.co.za D shares in a fundraising round that valued the company at than 9 billion putting Holmes's worth at an estimated 47 billion There was just one problem The technology didn't workIn Bad Blood John Carreyrou tells the riveting story of the biggest corporate fraud since Enron a tale of ambition and hubris set amid the bold promises of Silicon ValleyNow to be adapted into a film with Jennifer Lawrence to sta. John Carreyrou has written an absolute cracking account of one woman s self motivated delusional crusade to make herself famous and very rich Elizabeth Holmes s idols were Steve Jobs and Bill Gates and prior to leaving college she had irrevocably set her mind to join their ranksShe was so determined to get going on the road to fame and fortune that she ducked out of her university course and set about accumulating her fortune but alas her idea to develop a system of simplifying the fast diagnosis of blood testing to give fast and accurate health warnings was without scientific merit But she was a great saleswoman and soon sold the concept to venture capitalists who saw lots of green before their eyes and piled lots and lots of money into her company TheranosA cohort was soon acuired Sunny Balwani a bit of a svengali character becoming both her secret lover and co director aiding and abetting her to hoodwink investorsA very distinguished board of directors were assembled by the very persuasive Ms Holmes which included Henry Kissinger George Shultz James Mattis James Mattis Sam Nunn and William Perry The company solicitor was David Boies senior partner of Boies Schiller and Flexner one of the most famous feared aggressive attorneys in the States This impressive line up were not uite that impressive because they to were taken in by Ms Holmes but they did give Theranos a seemingly goldplated aura of respectabilityAt one point based on the PR put out by the company it s worth rocketed to uite a few billions and Elizabeth Holmes became a paper billionaireHowever doubts and nervousness were growing in certain uarters about Theranos s medical claims and when John Carreyrou s excellent exposure was published in The Wall Street Journal and US Regulatory Bodies started to investigate Theranos soon came off the rails and went belly upAt the outset of Theranos s life I am inclined to think that Elizabeth believed in what she was doing was a good thing for humanity and of course for her own fame and fortune but as time progressed it must have become very clear to her that she was defrauding lots and lots of people Voltaire might provide her with a bit of a get out with his words The human brain is a complex organ with the wonderful power of enabling man or woman to find reasons for continuing to believe whatever he wants to believeThe exposure of Elizabeth Holmes and others by the author was a very brave thing to do as he was constantly harassed by Theranos and its pit bull terrier attorney David Boise and colleaguesYou will never read a better written book on corporate fraud that keeps you enthralled until the last page

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Read & Download Bad Blood: Secrets and Lies in a Silicon Valley Startup 107 Read ´ eBook, PDF or Kindle ePUB Ë learntopark.co.za A New York Times BestsellerLonglisted for the Financial Times and McKinsey Business Book of the Year Award'Chilling Reads like a West Coast version of All the President’s Men' New York Times Book ReviewThe full inside story of the breathtaking rise and shocking collapse of Theranos the multibillion dollar biotech startup by the prize winning journalist who first broke the story and pursued it to the e. I missed this book when it launched but Alex Gibney s excellent 2019 HBO doucmentry The Inventor Out for blood in Silicon Valley prompted my purchaseCarryrou s book covers three and a half years of investigation into Theranos its founder Elizabeth Holmes and her meteoric rise and spectacular fall in the obsessive pursuit of a dream Its a fascinating read and Carryrou uses his research to tell the story from the beginning The story of his investigations as a Wall Street Journal reporter follows the cronological order of events and is documented towards the end of the bookEssentially Elizabeth Holmes developed a start up in Silicon Valley where she attempted to develop a device which could provide multiple blood test analyses for a range of conditions and diseases in a box not much larger that a large bread bin For the user only a small pinprick of blood was reuired to complete all these testsThis would be a game changer Some day every home could have one and for a small charge could carry out blood tests and have them analysed almost immediately providing early warning of developing conditions What s not to like Nothing it seemedWhat makes this book so fascinating as well as the central characters and story are the themes it explores such asGreed and denialThe historty of Silicon Valley start ups is one where investors always try and get in at the beginning of potentially novel ideas and make a killing Think Google Facebook and Uber Two things drive this The idea and the confidence expertisedrive of those taking it forward In the case of Theranos Elizabeth Holmes force of personality outweighed any doubts about the concept or the execution However at the time she started Theranos she was 19 and a Stanford dropout with no experience in blood testing whatsoever beyond a grand idea and good connectionsHolmes exerted an almost Svengali like hold of the people in her orbit This is partly to do with her physical appearance Tall striking blue unblinking eyes dessed in black turtle necks a la Steve Jobs and speaking in a baritone voice Supremely confident in both her idea and herself she managed to persuade and recruit a Board of former ex Government Cabinet members a 4 star General Jim Mattis of Trump fame and big name investors who blinded by either the promise of the idea or the money to be made from it were sufficiently incurous as to seek the detail of how this invention actually worked People and organisations such as Walgreens were happy to put hundreds of millions of dollars investment into Theranos without demanding independent expert due diligence of the productAt the time of Theranos s demise it was valued as a private company at 9bn with Holmes s share of that valuation at 45 Up to that point no investor in Theranos had seen the inner working of the product or uestioned the fabulous claims made for it Neither had any member of her company BoardSecrecy and liesHolmes and her senior executive partner were secretive to the point of paranoia over their idea Two reasons for this First they were genuinely concerned about their ideas being stolen but as time went on and they could not get their invention to work the secrecy hid a raft of corner cutting false promises and outright lies as to how the euipment was performing Only those in Theranos working on the project could see how far from the truth the claimes Holmes made for the product and its readiness to market actually were Some turned a blind eye while those with professional or ethical concerns were either fired or left all under rigourous confidentiality clausesThis secrecy coupled with an agressive management style also stifiled the creative initiative of the Theranos team Knowledge was power and developers were deliberately siloed to ensure they only worked on their own area so the ability to share thinking across the firm was severly limitedWeaponising the lawWhat I found perhaps most shocking of all is the way the agressive use of the threat of litigation is used to force compliance especially against those who cannot financially afford to fight their corner The lawyers who command the most fees are the legal pit bulls of the industry Holmes spares no expense in protecting her secrets and covering her lies with the determined use of agressive legal firms and the threats of legal action to force whistleblowers to keep silent This extends to Carryrou as well Of the 900m raised by Holmes in her third funding round 300m went on lawyers feesRegulatory incuriousityThe FDA and other regulators seemed broadly incurious about the claims for this machine and remained so until things started to go badly wrong when what was essentially an idea at prototype stage went live to the public The degree to which private companies can avoid such scrutiny is alarming The debate is still ongoing as to whether Holmes deliberately misled or had sociopathic tendencies The story is not over She is now charged with alleged Federal and SEC crimes which carry up to 20 years in prisonI highly recommend this book which I think will become a textbook on leadership governance failure and greedI also recommend Gibney s HBO documentary which brings to life the people and events in the book not least Elizabeth Holmes herself It also adds visual detail on the development of the blood testing device in the way Carryrou s book can notHope this is helpful


10 thoughts on “Download Pdf Epub Bad Blood: Secrets and Lies in a Silicon Valley Startup By learntopark.co.za – learntopark.co.za

  1. says: Download Pdf Epub Bad Blood: Secrets and Lies in a Silicon Valley Startup By learntopark.co.za – learntopark.co.za

    Read Bad Blood: Secrets and Lies in a Silicon Valley Startup Read ´ eBook, PDF or Kindle ePUB Ë learntopark.co.za learntopark.co.za Ë 7 Read & Download I missed this book when it launched, but Alex Gibney's excellent 2019 HBO doucmentry 'The Inventor: Out for blood in Silicon Valley' prompted my purchase.
    Carryrou's book covers three and a half years of inve

  2. says: Read ´ eBook, PDF or Kindle ePUB Ë learntopark.co.za learntopark.co.za Ë 7 Read & Download Read Bad Blood: Secrets and Lies in a Silicon Valley Startup

    Download Pdf Epub Bad Blood: Secrets and Lies in a Silicon Valley Startup By learntopark.co.za – learntopark.co.za This has to be one of the best written books I have read, the style of writing is clear and concise, not overly complex or long winded as often happens with such complex business story. The flow of the writing and story telling is

  3. says: Download Pdf Epub Bad Blood: Secrets and Lies in a Silicon Valley Startup By learntopark.co.za – learntopark.co.za

    Read Bad Blood: Secrets and Lies in a Silicon Valley Startup learntopark.co.za Ë 7 Read & Download Download Pdf Epub Bad Blood: Secrets and Lies in a Silicon Valley Startup By learntopark.co.za – learntopark.co.za At a time when trust in media is at an all time low in the US, this book reminds us why investigative journalism is still needed to help ordinary people cut through the bullsh*t and see things for what they actuall

  4. says: Download Pdf Epub Bad Blood: Secrets and Lies in a Silicon Valley Startup By learntopark.co.za – learntopark.co.za

    learntopark.co.za Ë 7 Read & Download Download Pdf Epub Bad Blood: Secrets and Lies in a Silicon Valley Startup By learntopark.co.za – learntopark.co.za The core of this tragic story is quite straight forward, and has sadly been witnessed in many variants in financial markets over time. Yet there is such an ridiculousness about some events in this story that you wouldn’t be able to make it up as fiction.

    If you weren’t aware you’ll see how Silicon Valley prov

  5. says: Read ´ eBook, PDF or Kindle ePUB Ë learntopark.co.za Download Pdf Epub Bad Blood: Secrets and Lies in a Silicon Valley Startup By learntopark.co.za – learntopark.co.za

    Download Pdf Epub Bad Blood: Secrets and Lies in a Silicon Valley Startup By learntopark.co.za – learntopark.co.za learntopark.co.za Ë 7 Read & Download This book was different from my usual choices and came recommended by my sister. It’s an interesting story, tho

  6. says: Download Pdf Epub Bad Blood: Secrets and Lies in a Silicon Valley Startup By learntopark.co.za – learntopark.co.za

    Download Pdf Epub Bad Blood: Secrets and Lies in a Silicon Valley Startup By learntopark.co.za – learntopark.co.za this book is one of the few pieces of literature that is both easy to read And interesting. I was a bit confuse

  7. says: Download Pdf Epub Bad Blood: Secrets and Lies in a Silicon Valley Startup By learntopark.co.za – learntopark.co.za learntopark.co.za Ë 7 Read & Download

    learntopark.co.za Ë 7 Read & Download Read ´ eBook, PDF or Kindle ePUB Ë learntopark.co.za Download Pdf Epub Bad Blood: Secrets and Lies in a Silicon Valley Startup By learntopark.co.za – learntopark.co.za John Carreyrou has written an absolute cracking account of one woman's self motivated delusional crusade to make herself famous and very rich. Elizabeth Holmes's idols were Steve Jobs and Bill Gates and prior to leaving college she h

  8. says: Read ´ eBook, PDF or Kindle ePUB Ë learntopark.co.za Download Pdf Epub Bad Blood: Secrets and Lies in a Silicon Valley Startup By learntopark.co.za – learntopark.co.za

    Download Pdf Epub Bad Blood: Secrets and Lies in a Silicon Valley Startup By learntopark.co.za – learntopark.co.za Read ´ eBook, PDF or Kindle ePUB Ë learntopark.co.za Read Bad Blood: Secrets and Lies in a Silicon Valley Startup The gripping tale of the rise and fall of Elizabeth Holmes and her brainchild Theranos is worth a read, especially if you're into business, leadership, healthcare or just thrillers (because this is one). I almost couldn't believe the lengths Theranos went in order to hide the massive failures that were their blood testing devices

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    Download Pdf Epub Bad Blood: Secrets and Lies in a Silicon Valley Startup By learntopark.co.za – learntopark.co.za How could this even be true? I missed it as news, so it all came fresh to me. What??? Such audacity, yet so effective in convincing so many people who really should have known better. An entrepreneur so charismatic she swept all scepticism aside despite it being a hugely questionable and defective enterprise. The lack of effective corporate governance is astonishing and shocking, at so many levels. Audits? C

  10. says: Download Pdf Epub Bad Blood: Secrets and Lies in a Silicon Valley Startup By learntopark.co.za – learntopark.co.za

    Read Bad Blood: Secrets and Lies in a Silicon Valley Startup learntopark.co.za Ë 7 Read & Download Read ´ eBook, PDF or Kindle ePUB Ë learntopark.co.za This was an exciting, fast paced story about the rise and fall of Theranos, a blood testing company. Written like a crime thriller, I couldn't believe the extraordinary lengths the company went to hide and cover up their "technology". Moreover, the way in which the company intimidated and threatened their patients and employees. The warning signs were everywhere but the company managed to fooled high profile p

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  • Paperback
  • 320
  • Bad Blood: Secrets and Lies in a Silicon Valley Startup
  • learntopark.co.za
  • English
  • 09 October 2020
  • 1509868089