I have been itching to read a good adult non-fiction book for many days now. Bad Blood by John Carreyrr was the perfect book to scratch that itch.
Bad Blood is about the rise and fall of a Biotech company called Theranos and its founder Elizabeth Holmes. Theranos was a hot new start-up making medical devices. Just a drop of blood is required to conduct a full range of blood tests in walk-in clinics. The CEO of Theranos, Holmes was touted as the Bill Gates/Steve Jobs of the medical industry. The company was evaluated at $9 billion on paper but its devices did not work. The investors and the Board were misled to believe in a half-working device that could transform the medical industry.
The book is fast-paced. Many characters are introduced so after a while it becomes difficult to keep track. What amazed was how the company duped the bigshots such as Walgreens, Safeway, intellectuals and business moguls. The confidence and charisma of Holmes and the secrecy regarding their devices made Theranos darling of the Silicon valley, only to fall down later when it failed to deliver.
HBO also has a documentary on Theranos called, ‘Inventor: Out for Blood in Silicon Valley’.
Book published: May 21, 2018
What is the best non-fiction book you read recently?