The story of elizabeth holmes and her company, theranos, has lent itself to multiple retellings in news articles, a book, a podcast and a documentary. But theranos, the bloodtesting company she founded in 2003 and owns 50%. Secrets and lies in a silicon valley startup is a nonfiction book by. Theranos would eventually become an immense biotechnology company in silicon valley and famous for potentially changing the medical world. Secrets and lies in a silicon valley startup, carreyrous exhaustive reporting on theranos and its founder and ceo, elizabeth holmes, included interviews with over 150 people. See who you know at theranos, leverage your professional network, and get hired.
But the scale of her rise and fall will be in the history books for a long time to come. Elizabeth holmes, in palo alto, california, september 2014. Steve jenningsgetty images for techcrunch theranos founder and ceo elizabeth holmes was named no. Elizabeth holmes surrounded theranos with powerful people. Elizabeth holmes is the founder and chief executive of theranos. Theranos went from one of the most lauded unicorn tech startups in silicon valley to a company crippled by scandal. The founder of theranos tries to change the subject the. Sanjay gupta on an exclusive tour of the companys controversial blood testing lab. Its founder, the fartoofamous elizabeth holmes, controlled.
She recruited channing robertson, a chemicalengineering professor at stanford, to be a technical advisor and the companys first board member during its early years. So when 19yearold elizabeth holmes dropped out of stanford in 2003 to realize her. Elizabeth holmes and her company, theranos, promised to change the way people got blood tests. She was also, as the wall street journal uncovered, at. Last week, the federal judge presiding over the trial of theranos s cofounder, elizabeth holmes, postponed it until october. What elizabeth holmes and theranos did wrong, according to the sec.
When proceedings resume, a different decision by the judge, edward. Elizabeth holmess possible defense in theranos case. In 2014, theranos founder and ceo elizabeth holmes was widely seen as the next steve jobs. Holmes founded the privately held firm at age 19 after dropping out of college like other more famous tech ceos steve jobs, bill gates and mark zuckerberg. In 2014, theranos founder and ceo elizabeth holmes was widely seen. A path to discovery in the theranos case the new york times.
What to read, watch and listen to alex gibneys new hbo documentary the inventor is only the latest retelling of the silicon valley fraud that captivated the public imagination. The trial of elizabeth holmes, the former theranos chief executive, and ramesh balwani, its chief operating officer, is setting up to be the most. The saga of the medical testing company theranos and its founder, elizabeth holmes, is a swirling one, packed with lies, greed, secret romance, literal blood, metaphorical blood, power, secrecy and. Its a fascinating read and carryrou uses his research to tell the story from the beginning. Since then, carreyrous 2018 book about the onetime silicon valley. Theranos founder elizabeth holmes, whose highflying startup has been marred by scandal, surrounded herself with a remarkable roster of wellknown people. Secrets and lies in a silicon valley startup wikipedia. Theranos elizabeth holmes is giving away her shares to dodge lawsuits, report says published thu, mar 23 2017 6. And unfortunately for the woman at the center of it all, former theranos founder elizabeth holmes, a rush of books, podcasts, documentaries, and movies are quickly unveiling just what led to the. Theranos founder elizabeth holmes worshipped steve jobs to the point where. In june 2018, a federal grand jury indicted holmes and former theranos chief operating officer. Forbes revises estimated net worth of theranos founder. Two years ago, elizabeth holmes was americas youngest female billionaire.
Theranos and elizabeth holmes project created by sara musicco and mia flood university of notre dame professor kevin bowyer eg 44175. Elizabeth holmes is finally presenting theranos data as. The rise and fall of elizabeth holmes, the theranos. Squawk box elizabeth holmes, theranos ceo and the worlds youngest selfmade female billionaire, in an interview on september 29, 2015 steve tobak vip contributor. The narrative frays for theranos and elizabeth holmes the new. Elizabeth holmes, the chief executive officer and founder of theranos in 20 from its incorporation in 2003 until 2018, holmes was the companys chief executive officer. For holmes, the dog represented the journey that lay ahead for theranos. How the nyts t magazine disappeared tech entrepreneur. Elizabeth holmes will go through the rest of her life remembered as a crook, so in that sense yes. Elizabeth anne holmes born february 3, 1984 is an american businesswoman who founded. T, the new york timess style magazine, said the sweetest things about elizabeth holmes, the techie chief executive of bloodtesting company theranos. Meanwhile, investors kept pouring in money, turning elizabeth holmes into a temporary billionaire.
In 2014, bloodtesting startup theranos and its founder, elizabeth holmes, were on top of the world. Theranos ceo elizabeth holmes promised to revolutionize blood testing technology, but behind all the hype was a massive fraud. Theranos, a company that claimed to have reinvented blood testing, and thus a big swath of medicine itself, conformed to none of this. Theranos founder elizabeth holmes announced a new bloodtesting device at an academic conference monday but didnt address problems found with the companys earlier machines. Theranos, the multibilliondollar biotech startup headed by elizabeth holmes. Over the last week, she appeared on the cover of t. Elizabeth holmes the inventor vs bad blood vs dropout. Elizabeth holmes was expected to defend her companys technology on monday.
The fda pulled the plug on theranos, and the security and exchange commission sec charged holmes with massive fraud. How will the fall of theranoss elizabeth holmes affect. The book tells the story virtually to perfection, roger lowenstein wrote here. How theranos used the media to create the emperors new. Elizabeth holmes, the disgraced founder of theranos, the lab testing company. Carryrous book covers three and a half years of investigation into theranos, its founder elizabeth holmes and her meteoric rise and spectacular fall in the obsessive pursuit of a dream. Everything elizabeth holmes and theranos did wrong. Photo by david orrellcnbcnbcu, photo bank via getty images. As she explained to colleagues at the companys headquarters, in palo alto, he was named after the worldfamous sled dog. So it is no surprise to find the founder of theranos at the centre of one of the worlds oldest and bestknown tales. One womans drive to revolutionize medical testing the. Is elizabeth holmes life ruined due to the theranos. In silicon valley, women struggle to pull in a fraction of the funding she was able to secure for theranos.
Instead, sheelah kolhatkar writes, she changed the subject. Just 2 percent of venture capital dollars goes to all. Secrets and lies in a silicon valley startup, which really amounts to two books. The goal of the company was to revolutionize health care. However, there is a reason that did not happen, and this starts with holmes herself.
The long, slow slide into ignominy of theranos, the silicon valley company that was once the poster brand for biotech breakthroughs, and its founder, elizabeth holmes, came to a seeming end this. Elizabeth holmes, the founder of blood testing startup theranos, has been charged with perpetrating a multimilliondollar fraud that deceived investors, doctors and. Board member george shultz is quoted as saying in a deposition. Elizabeth holmes, founder and chief executive of the bloodtesting company theranos, has been charged by the securities and exchange commission with an elaborate, yearslong fraud in. Today the disgraced former ceo has absolutely nothing. Theranos founder elizabeth holmes charged with fraud. Stories from bad blood book on theranos and elizabeth holmes. Theranos is shutting down the silicon valley startup is expected to shutter its operations after it failed to deliver revolutionary labtesting amid allegations of fraud. The classic silicon valley story of theranos, the medical test company. Elizabeth holmes, theranos ceo and the worlds youngest selfmade female billionaire, in an interview on september 29, 2015. Elizabeth holmes, theranos founder and ceo, dropped out of stanford. Back then, theranos was a revolutionary idea thought up by a woman hailed as a genius who. Theranos chief executive elizabeth holmes charged with.
A california judge rejected theranos founder elizabeth holmes s request to dismiss the wire fraud and conspiracy case against her, even as he narrowed the scope of some of the charges federal. The full inside story of the breathtaking rise and shocking collapse of theranos, the multibilliondollar biotech startup, by the prizewinning journalist who first broke the story and pursued it to the end, despite pressure from its charismatic ceo and threats by her lawyers. Theranos founder elizabeth holmes indicted on fraud charges. Inside the theranos lab with elizabeth holmes youtube. Secrets and lies in a silicon valley startup is a new book about theranos and its founder, elizabeth holmes. Theranos ceo elizabeth holmes takes cnns chief medical correspondent dr. Judge keeps fraud charges against theranos founder. Theranos, carreyrou writes, was a revolving door, as holmes and balwani fired. Photo illustration by jessica lehrman for the new york times. In 2003, stanford university student elizabeth holmes founded the health care company theranos. Named one of the best books of 2018 by critics from npr, the new york times, the washington post and others, bad blood is the definitive look. Theranos ceo elizabeth holmes favorite books business. Staff reporter, san francisco business times nov 18, 2016, 1. Named one of the best books of 2018 by critics from npr, the new york times, the washington post and others, bad blood is the definitive look inside the collapse of theranos.
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