The total inside story of the breathtaking rise and stunning collapse of Theranos, the one-time multibillion-dollar biotech startup based by Elizabeth Holmes—now the topic of the HBO documentary The Inventor—by the prize-winning journalist who first broke the story and pursued it to the tip.
“The story is even crazier than I anticipated, and I discovered myself unable to place it down as soon as I began. This e book has every thing: elaborate scams, company intrigue, journal cowl tales, ruined household relationships, and the demise of an organization as soon as valued at almost $10 billion.” —Invoice Gates
In 2014, Theranos founder and CEO Elizabeth Holmes was broadly seen as the feminine Steve Jobs: an excellent Stanford dropout whose startup “unicorn” promised to revolutionize the medical trade with a machine that might make blood testing considerably quicker and simpler. Backed by traders equivalent to Larry Ellison and Tim Draper, Theranos bought shares in a fundraising spherical that valued the corporate at greater than $9 billion, placing Holmes’s price at an estimated $4.7 billion. There was only one drawback: The expertise didn’t work.
A riveting story of the largest company fraud since Enron, a story of ambition and hubris set amid the daring guarantees of Silicon Valley.
From the Writer
(as of Jun 13,2020 18:48:56 UTC – Particulars)