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For years Theranos was the “it” company in the Silicon Valley. It was the perfect startup–using technology to create an unprecedented medical device that promised to save lives. Theranos bragged that with just a finger prick, its devices could run hundreds of blood tests with a higher degree of accuracy than traditional lab tests. The icing on the cake was Theranos’ young, charismatic, female CEO, Elizabeth Holmes. Investors, scientists, and pharmacies were lining up to get in on the ground floor with this female Steve Jobs and the technology that would revolutionize the industry.
But not everyone was so excited about Theranos’ product, as investigative journalist John Carreyrou first discovered when approached by a fearful whistleblower. Despite threats of litigation, and NDAs, and a toxic culture of secrecy and bullying, a handful of Theranos’ former employees felt compelled to speak out about the faulty devices and numerous lies Holmes was feeding to investors and consumers. Her aggressive and secretive tactics may have been part of Silicon Valley’s tech culture, but Theranos had a key difference: they manufactured medical devices. Their lies were putting people’s lives in danger.
Fighting a multi-billion dollar company and its lawyers was no small feat, but Carreyrou pursued the truth and ultimately published a series of articles in the WSJ that brought Theranos to its knees. In this gripping book, he describes the corruption of Theranos in detail and demonstrates the frightening ways that Holmes exploited a “fear of missing out” to lead investors and business partners to completely disregard regulations, business protocols, and basic common sense.