Bad Blood: Secrets and Lies in a Silicone Valley Startup (2018) John Carreyrou
Thomas Edison must be rolling over in his grave. Elizabeth Holmes had a lot of hubris to name her miserable lab tester after the great inventor. Well, turns out she lied about everything else too. John Carryrou’s book is riveting. It still does not answer the question of how does a smart Stanford drop out presume to create a start up reinventing the complicated enterprise of laboratory medicine. When I first heard of Theranos I figured that they had created an algorithm to convert results based on fingerstick to that with venipuncture – two different sorts of solutions. Turns out they never even considered the differences and just worked on trying to miniaturize the process to create a unity that could be placed in a patient’s home.
Anyway, many people were hurt – patients, employees, investors. Other than Holmes and her boyfriend others should be accountable – specifically the Board of Directors who were all ignorant of health care and were mostly retired politicians. Go figure.
Read the book.