Tuesday, January 08, 2019

Bad Blood: Secrets and Lies in a Silicon Valley StartupBad Blood: Secrets and Lies in a Silicon Valley Startup by John Carreyrou
My rating: 5 of 5 stars

John Carreyrou shares the story he worked on for The Wall Street Journal, putting it together in a compelling book about a young woman who was smart but apparently a sociopath. She lied and was willing to hurt pretty much anyone, as long as she got rich and was lauded as a trailblazer. The scariest part wasn't that someone like her exists; it was that she got so many accomplished, powerful people to support her and defend her, even in the face of clear evidence she was lying, cheating and endangering the lives of countless others.

This is the story of the founding, rise and eventual fall to earth of a company known as Theranos. Started and headed by Elizabeth Holmes, with help from her secret boyfriend and now-indicted co-conspirator Sunny Balwani, Theranos promised to be able to replace lab tests that currently require the drawing of blood from a vein with much easier finger sticks. As it became clear the technology for such an approach didn't exist--and the necessary volume of blood for many important tests wasn't there to make them possible from a simple finger stick--rather than admit defeat or change their approach, Holmes and Balwani engaged in repeated deceptions and did their best to destroy the lives and livelihoods of anyone who tried to bring honesty and integrity to what was going on. Happily both Holmes and Balwani now are under indictment, but the trail of destruction they left is sad and should be a cautionary tale.

Bad Blood is an excellent book, both because the underlying story is so extraordinary--mostly in terrible ways--and because John Carreyrou is a good writer, bringing the skills of a reporter who knows how to tell a good story!

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