Download Doc ¶ Bad Blood ↠ ☆ Horticulturetrader

Ebook Bad Blood

Download Doc ¶ Bad Blood ↠ ☆ Horticulturetrader Ë ❮Download❯ ➾ Bad Blood ➹ Author John Carreyrou – The full inside story of the breathtaking rise and shocking collapse of a multibillion dollar startup by the prize winning journalist who first broke tLoyee and started asking uestions both Carreyrou and the Journal were threatened with lawsuits Undaunted the newspaper ran the first of dozens of Theranos articles in late 2015 By early 2017 the company's value was zero and Holmes faced potential legal action from the government and her investors Here is the riveting story of the biggest corporate fraud since Enron a disturbing cautionary tale set amid the bold promises and gold rush frenzy of Silicon Valley Early in my career I worked at a next generation seuencing startup with Theranos level ambitions In fact it went further The founders’ mission was to cure aging Literally the goal was immortalityThere were other similarities The company was founded by wunderkinds they won the attention and support of a prominent professor in the field they dropped out and raised millions of dollars from non hard tech investors off the back of a concept then tens of millions of dollars off the back of a glued together prototype all while pursuing a fantastical goalThe company was wild but not fraudulent uite the contrary When the founders realized that the technology was not going to work or would take many years to validate they decided to fold the company All of the scientists even the skeptics were shocked and disappointed We were on the verge of breaking through in key areas But it was overAnd the irony? Many of those scientists went on to work at Theranos It was just down the streetBy 2012 they had all left Theranos ‘It's too crazy’ ‘It’s way worse’ Way worse than an immature company that blew up on a whim? I started following Theranos the Glassdoor reviews the funding announcements the glowing press coverage It was surreal to know that the company was a fraud and yet to see it riseCarreyrou exposed it all How Holmes and Balwani drove an employee to suicide how they strong armed employees investors even generals and statesmen how they lied to win multi million dollar deals from credulous partners The pulp in Bad Blood is juicy I read the book on one overseas flightTheranos is extreme but not singular Silicon Valley lionizes founders and ‘overnight’ 100X successes Investors are pushed pulled toward a hands off approach Founders retain board control and investors don’t meddle This environment is prime for fraud My management philosophy In a vacuum everyone cuts corners Everyone gets lazy And unscrupulous people do worseA couple years ago I tweeted ‘At what point do high profile unicorn frauds irreparably damage the philosophy and practice of founder friendly investors?’ That was about Hampton Creek It could have been about Zenefits or Uber in a sense or of course Theranos Who will be next? The odds on favorite is WeWork Does Tesla a public company count? The whisper consensus has many candidatesThere are many frauds left to be exposed But none as big as Theranos Well maybe one or two

Epub ì ò John Carreyrou

The full inside story of the breathtaking rise and shocking collapse of a multibillion dollar startup by the prize winning journalist who first broke the story and pursued it to the end in the face of pressure and threats from the CEO and her lawyersIn 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 wou Fascinating accounting of the Theranos scam and I do mean SCAM Exhaustively reported I do wish there had been analysis of how a scam of this magnitude was made possible and enabled This girl dropped out of college and convinced Henry Kissinger George Schulz Rupert Murdoch and a bunch of other famous andor incredibly talented people to give her money or work with her even though there was no there there WHAT? There are so many incredible WTF moments Just wow Privilege is a hell of a drug I guess

John Carreyrou ò Bad Blood Epub

Bad BloodLd make blood tests 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 9 billion putting Holmes's worth at an estimated 47 billion There was just one problem The technology didn't workFor years Holmes had been misleading investors FDA officials and her own employees When Carreyrou working at The Wall Street Journal got a tip from a former Theranos emp Bad Blood Secrets and Lies in a Silicon Valley Startup by John Carreyrou is a 2018 Knopf Publishing Group publication ‘Super high turnover rate means you’re never bored at work Also good if you’re an introvert because each shift is short staffed Especially if you’re swing or graveyard You essentially don’t exist to the companyWhy be bothered with lab coats and safety goggles? You don’t need to use PPE at all Who cares if you catch something like HIV or Syphilis? This company sure doesn’t Brown nosing or having a brown nose will get you far How to make money at Theranos1 Lie to venture capitalists2 Lie to doctors patients FDA CDC government While also committing highly unethical and immoral and possibly illegal acts This is the story of Elizabeth Holmes’ meteoric rise and her swift and spectacular fall from grace I didn’t closely follow this case in the same way I do some true crime stories but I did keep up with it enough to get the gist of what had transpired who some of the players were and why the company was sued So when I saw this book I knew I wanted to read it I had to know all the details the how when where and why because it was just such a bizarre situation However after I read this book I sat back in complete shock Sometimes I just could not believe what I was reading I also couldn’t believe all the names that popped up in this book Before anyone starts pointing fingers at one side of the other people from all political stripes were misled by the charismatic Holmes These people are supposed to be the best and the brightest but frankly every one of them left me with a sick feeling in the pit of my stomach For those who many not have kept up with the news stories Elizabeth Holmes barely out of her teens was behind a Silicon Valley startup called Theranos The company claimed to have invented a device that could take a very small amount a blood usually from a single finger prick and perform as many as eight hundred different tests on it often promising instant results or diagnosis The demonstrations showed mixed results so to be sure the results wowed the potential investor the tests were often rigged Any unfavorable statistics were simply tossed out or ignored The device and its potential capabilities were pitched to Safeway Walgreens and even the Military Elizabeth’s magnetic personality was enthralling and she had a way of convincing people to do what she wanted them to persuading even the most skeptical to put their faith and trust in her However multitudes of her employees found out the hard way what might happen if they challenged her or her Svengali like lover Ramesh ‘Sunny’ Balwani Many people were disturbed by the false claims Elizabeth made and were very concerned about the false positive results the blood tests produced on real patients Employees at the company dropped like flies Eventually one employee Tyler Shultz grandson of former secretary of state George Shultz became a whistleblower bringing down a nine billion dollar operation in the process This story is utterly chilling and mind boggling I marveled at the gullibility of people we entrust our lives to not only at the base level of health care but at high levels of the government and the military I’d have thought some of the people were smarter than that Apparently not Look even someone like me from Podunk Texas would know better than to take a medical claim such as this one at face value I wouldn’t invest in it promote it or test it on patients until the thing had been approved by the FDA or whoever else had to put the seal of approval on it I damn sure wouldn’t allow our military to be subjected to something so unreliable Good God Is common sense dead in the water? It just seemed too far fetched to me and I really struggled to believe so many wealthy and even powerful people fell under Holmes’ spell so completelyWhich of course brings us to the core issue At the center of all this is Elizabeth Holmes a greedy sociopath a megalomaniac or whatever word you want to use This woman’s behavior is unconscionable She really should be behind bars This is a crazy story just nuts You will have to read it to believe it Now as far an investigative or true crime book goes this one is above average especially give the journalistic background of the author At times all the medical testing and lab jargon was a bit dry and sometimes the information or patterns of all the players felt repetitive The organization of the material was well done but not as tight as I would have liked Still I am thankful the author pursued this story for the WSJ writing an article which helped to bring down this dangerous company before any truly horrific damage was done Theranos ceased operations in August of 2018 Thank God Holmes and Balwani face up to twenty years in prison 4 stars