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Bookies

DIscussing Bad Blood by John Carreyrou

2019-04-09 10:00:00 2019-04-09 11:00:00 America/Chicago Bookies Emmet O’Neal Library

Tuesday, April 09
10:00am - 11:00am

Add to Calendar 2019-04-09 10:00:00 2019-04-09 11:00:00 America/Chicago Bookies Emmet O’Neal Library

Emmet O’Neal Library

Conference Room

Today the Bookies will be discussing Bad Blood: Secrets and Lies of A Silicon Valley Startup by John Carreyrou. Penguin Random House describes Carreyrou's book:

The full inside story of the breathtaking rise and shocking collapse of Theranos, the one-time multibillion-dollar biotech startup founded by Elizabeth Holmes—now the subject of the HBO documentary The Inventor—by the prize-winning journalist who first broke the story and pursued it to the end.

“The story is even crazier than I expected, and I found myself unable to put it down once I started. This book has everything: elaborate scams, corporate intrigue, magazine cover stories, ruined family relationships, and the demise of a company once valued at nearly $10 billion.” —Bill Gates

In 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 sold shares in a fundraising round that valued the company at more than $9 billion, putting Holmes’s worth at an estimated $4.7 billion. There was just one problem: The technology didn’t work.

A riveting story of the biggest corporate fraud since Enron, a tale of ambition and hubris set amid the bold promises of Silicon Valley.
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