New York Instances Finest Vendor Named top-of-the-line books of the 12 months by: NPR, The New York Instances E-book Evaluation, Time, Wall Road Journal, Washington Publish The McKinsey Enterprise E-book of the 12 months The complete inside story of the breathtaking rise and surprising collapse of Theranos, the one-time multibillion-dollar biotech start-up based by Elizabeth Holmes – now the topic of the HBO documentary The Inventor – by the prize-winning journalist who first broke the story and pursued it to the tip. “The story is even crazier than I anticipated, and I discovered myself unable to place it down as soon as I began. This e book has every thing: elaborate scams, company intrigue, journal cowl tales, ruined household relationships, and the demise of an organization as soon as valued at almost $10 billion.” (Invoice Gates)In 2014, Theranos founder and CEO Elizabeth Holmes was broadly seen as the feminine Steve Jobs: an excellent Stanford dropout whose start-up “unicorn” promised to revolutionize the medical trade with a machine that may make blood testing considerably sooner and simpler. Backed by buyers comparable to Larry Ellison and Tim Draper, Theranos bought shares in a fund-raising spherical that valued the corporate at greater than $9 billion, placing Holmes’ price at an estimated $4.7 billion. There was only one downside: The expertise didn’t work. A riveting story of the largest company fraud since Enron, a story of ambition and hubris set amid the daring guarantees of Silicon Valley.
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