Bad blood

“Bad Blood” by John Carreyrou might be our most gripping new story, a real-life account lies and double-dealing. Theranos, a biotech firm founded by Elizabeth Holmes, a charismatic Stanford dropout, claimed to have developed a revolutionary blood-testing technology. Her start-up quickly shot up to  a $9 billion valuation. Behind the scneces, however, all was not well.  When testing did not produce the desired results, investors and journalists were snowed with fake demos.  Meanwhile, Holmes and her partner, Sunny Balwani, dismissed staff concerns and chased down whistleblowers and threatened reproters, including authorCarreyrou, with lawsuits. He persevered to created a “vivid portrait” of a  “toxic” business culture that values branding, stock profits and boosterism over honest work.

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