{"id":34314,"date":"2019-03-11T06:00:20","date_gmt":"2019-03-11T11:00:20","guid":{"rendered":"https:\/\/blogs2.davenportlibrary.com\/reference\/?p=34314"},"modified":"2019-02-15T09:34:38","modified_gmt":"2019-02-15T15:34:38","slug":"bad-blood-by-john-carreyrou","status":"publish","type":"post","link":"https:\/\/blogs.davenportlibrary.com\/reference\/bad-blood-by-john-carreyrou\/","title":{"rendered":"Bad Blood by John Carreyrou"},"content":{"rendered":"

\"\"<\/a>A non-fiction work that reads like a fast paced fiction novel, Bad Blood<\/strong><\/em><\/a>\u00a0 by John Carreyrou of the\u00a0Wall Street Journal<\/em>, is the story of Theranos, a start-up company in Silicon Valley run by a charismatic young entrepreneur whose fraud, arrogance and lies make for a stunning story.<\/p>\n

Carreyrou leads the reader through the rise and fall of Theranos, a Silicon Valley medical company started by Elizabeth Holmes when she was a student at Stanford.\u00a0 According to her claims, Theranos had developed a blood testing device that was simpler, more cost-effective and could test a person for hundreds of diseases with a single drop of blood.\u00a0 Holmes promised to revolutionize the entire medical industry with the invention.\u00a0 In addition to the above claims, Theranos had amassed a large number of wealthy investors and was initially valued at nearly $9 billion, with Holmes being named by Forbes<\/em> magazine as the youngest self-made billionaire, with a net worth of $4.5 billion.\u00a0 Theranos and Holmes were everywhere – magazine covers, television stories and other high-profile places.\u00a0 Simultaneously, a handful of their 800 employees were beginning to realize that the claims being made about the testing device were simply not true – it did not work.<\/p>\n

Carreyrou’s book, which grew from an earlier Wall Street Journal<\/em> story, details how the company defrauded\u00a0 and lied to employees, corporations and investors.\u00a0 His article, in part, set Theranos on a downward trajectory with the deception exposed.\u00a0 Presently, the United States attorney’s office in California has filed charges against Elizabeth Holmes and another executive.\u00a0 They have pleaded not guilty.<\/p>\n

Initially, I was not sure if I would enjoy this book coming from a non-medical background, but I quickly became engrossed in the story and the massive deception that occurred within the company.\u00a0 A highly recommended read!<\/p>\n

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A non-fiction work that reads like a fast paced fiction novel, Bad Blood\u00a0 by John Carreyrou of the\u00a0Wall Street Journal, is the story of Theranos, a start-up company in Silicon Valley run by a charismatic young entrepreneur whose fraud, arrogance and lies make for a stunning story. Carreyrou leads the[Read more]<\/a><\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10,364,8],"tags":[4866,2754,3903,4867,4868],"class_list":["post-34314","post","type-post","status-publish","format-standard","hentry","category-books","category-consumer-news","category-staff-picks","tag-billionaire","tag-entrepreneur","tag-fraud","tag-medical-device","tag-medical-testing"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pd0CXx-8Vs","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/blogs.davenportlibrary.com\/reference\/wp-json\/wp\/v2\/posts\/34314","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.davenportlibrary.com\/reference\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.davenportlibrary.com\/reference\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.davenportlibrary.com\/reference\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.davenportlibrary.com\/reference\/wp-json\/wp\/v2\/comments?post=34314"}],"version-history":[{"count":33,"href":"https:\/\/blogs.davenportlibrary.com\/reference\/wp-json\/wp\/v2\/posts\/34314\/revisions"}],"predecessor-version":[{"id":34402,"href":"https:\/\/blogs.davenportlibrary.com\/reference\/wp-json\/wp\/v2\/posts\/34314\/revisions\/34402"}],"wp:attachment":[{"href":"https:\/\/blogs.davenportlibrary.com\/reference\/wp-json\/wp\/v2\/media?parent=34314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.davenportlibrary.com\/reference\/wp-json\/wp\/v2\/categories?post=34314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.davenportlibrary.com\/reference\/wp-json\/wp\/v2\/tags?post=34314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}