This archive report was first published on 14 August 2019.
Published on August 14, 2019, Bad Blood: Secrets and Lies in a Silicon Valley Startup by John Carreyrou exposes the truth behind Elizabeth Holmes' Theranos Inc., a disease diagnostic startup that once valued at $10 billion.
Founded in 2003 by then 19-year-old Elizabeth Holmes, a Stanford chemical and electrical engineering drop-out, Theranos Inc. promised to revolutionize disease diagnosis with its innovative technology.
However, Carreyrou's book reveals that the company's success was built on a foundation of secrets and lies, with Holmes and her team misleading investors, patients, and the media about the capabilities of their technology.
