Bad Blood by John Carreyrou - a podcast by You Exec

from 2018-12-24T01:47:27

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The story of Theranos is the Silicon Valley equivalent of the Enron scandal
replete with bold claims, high valuations, defrauding of investors and
terrible corporate governance. Theranos promised to revolutionize
healthcare by painlessly performing hundreds of tests on a single drop of
blood. In 2015, Theranos was a unicorn valued at $9 billion. By 2018, the
company shut down and Elizabeth faced a ten-year ban from serving as an
officer of a public company. Theranos serves as a cautionary tale of what
can go wrong with a ‘fake it till you make it’ approach to building a
company.

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