Bad Blood

Secrets and Lies in a Silicon Valley Startup

Ranked #1 in Tech, Ranked #1 in Corruptionsee more rankings.

The full inside story of the breathtaking rise and shocking collapse of a multibillion-dollar startup, by the prize-winning journalist who first broke the story and pursued it to the end in the face of pressure and threats from the CEO and her lawyers.

In 2014, Theranos founder and CEO Elizabeth Holmes was widely seen as the female Steve Jobs: a brilliant Stanford dropout whose startup "unicorn" promised to revolutionize the medical industry with a machine that would make blood tests significantly faster and easier. Backed by investors such as Larry Ellison and Tim Draper,...

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Reviews and Recommendations

We've comprehensively compiled reviews of Bad Blood from the world's leading experts.

Bill Gates CEO/MicrosoftA bunch of my friends recommended this one to me. Carreyrou gives you the definitive insider’s look at the rise and fall of Theranos. The story is even crazier than I expected, and I found myself unable to put it down once I started. This book has everything: elaborate scams, corporate intrigue, magazine cover stories, ruined family relationships, and the demise of a company once valued at nearly $10 billion. (Source)

Brad Feld Co-Founder/Foundry GroupEvery entrepreneur and VC should read this book. John Carreyrou has done something important here. Maybe this book will finally put a nail in the phrase “fake it till you make it”, but I doubt it. The amount of lying, disingenuousness, blatant and unjustified self-promotion, and downright deceit that exists in entrepreneurship right now is at a local maximum. This always happens when entrepreneurship gets trendy. Carreyrou just wrote a long warning for entrepreneurs and VCs. (Source)

Andrew Chen General Partner/Andreessen HorowitzFinished “bad blood” on the Theranos scandal. Wow. Just wow. It’s a must read for everyone in tech and startups. Just 1-click buy it :) Amazing how far charisma and social proof got them. Here’s the NYT review of the book (Source)

Alexis Ohanian Co-founder/Redditeval(ez_write_tag([[250,250],'theceolibrary_com-large-mobile-banner-1','ezslot_5',164,'0','1'])); The book, Bad Blood, was one of the best I read in 2018. (Source)

John Collison Co-founder/StripeLooking for some Thanksgiving reading? Some recent reads I thought were great: [...] “Bad Blood” on Theranos. (Source)

Cory Johnson Terrific review of @JohnCarreyrou's @theranos book. @RogerLowenstein's last point is the most important: Silicon Valley's most powerful machine is a cabal of promoters taking advantage of a gullible business audience which wishes to be deceived. (Source)

Jim Marous Bad Blood: Secrets and Lies in a Silicon Valley Startup. Great book review via @irish_technews and @SimonCocking (Source)

Josh Sternberg @srubenfeld Yeah, lots of threads and key points are glosses over at best. The book was so damned good. (Source)

Simon Cocking @SpirosMargaris @BillGates @ariabendix @psb_dc @F10_accelerator @Xbond49 @helene_wpli @UrsBolt @SabineVdL @cgledhill Great book, reviewed here @SimonCocking @Irish_TechNews (Source)

Herb Greenberg Finally got around to @JohnCarreyrou’s excellent “Bad Blood.” Should be on the reading list for every private AND public investor and any student of financial fraud. I second @WallStCynic that it ranks up there with @FrankPartnoy’s “The Match King” as the best book on fraud. (Source)

Russell Poldrack Bad Blood by @JohnCarreyrou is an amazing book. Reminds me of the Feynman quote: "For a successful technology, reality must take precedence over public relations, for nature cannot be fooled." Sometimes it just takes a while for reality to win... (Source)

Mikhail Dubov Other [books] are very useful stories that put your experience in context [...] Bad Blood. (Source)

David Heinemeier Hansson A gripping tale of a fake-it-till-you-make-it bet that did not pay off, resulted in hundreds of millions in dollars defrauded from investors and partners, and, most crucially, tons of patients who got the wrong answers on their blood tests. Some times to disastrous effects, financially or medically. It’s also a fascinating study of human nature and how much we at times want to believe. Elizabeth Holmes was a character that so many people wanted to believe. Her story about disrupting moribund medical technology (with its stale insistence on “scientific rigor” and “verifiable results”) was too... (Source)

Aidan Connolly Bad Blood has become the book on what not to do in a startup. (Source)

David Shaywitz My take on captivating Theranos book, Bad Blood, by @JohnCarreyrou - let's learn the right lesson: fraud is bad, wanting to disrupting HC isn't. (Source)

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