NATIONAL BESTSELLER â€˘ The gripping story of one of the biggest corporate frauds in historyâ€”a tale of ambition and hubris set amid the bold promises of Silicon Valley, rigorously reported by the prize-winning journalist. With a new Afterword.
â€śChilling ... Reads like a thriller ... Carreyrou tells [the Theranos story] virtually to perfection.â€ť â€”The New York Times Book Review
In 2014, Theranos founder and CEO Elizabeth Holmes was widely seen as the next Steve Jobs: a brilliant Stanford dropout whose startup â€śunicornâ€ť promised to revolutionize the medical industry with its breakthrough device, which performed the whole range of laboratory tests from a single drop of blood. Backed by investors such as Larry Ellison and Tim Draper, Theranos sold shares in a fundraising round that valued the company at more than $9 billion, putting Holmesâ€™s worth at an estimated $4.5 billion. There was just one problem: The technology didnâ€™t work. Erroneous results put patients in danger, leading to misdiagnoses and unnecessary treatments. All the while, Holmes and her partner, Sunny Balwani, worked to silence anyone who voiced misgivingsâ€”from journalists to their own employees.