Titre : | Bad blood : secrets and lies in a Silicon Valley startup |
Auteurs : | John Carreyrou |
Type de document : | Books |
Editeur : | New York : Knopf, 2019 |
Article en page(s) : | X, 339 p. |
ISBN/ISSN/EAN : | 978-1-5247-3165-6 |
Langues: | Anglais |
Index. décimale : | 338.768 176 1 |
Tags : | Hematologic equipment industry--United States ; New business enterprises--Corrupt practices--United States--Case studies ; Securities fraud--United States--Case studies |
Résumé : |
The full inside story of the breathtaking rise and shocking collapse of Theranos, the multibillion-dollar biotech startup, by the prize-winning journalist who first broke the scandal. In 2015, Theranos founder and CEO Elizabeth Holmes was widely seen as the female Steve Jobs: a brillian Stanford dropout whose startup 'unicorn' promised to revolutionize the medical industry with a machine that would make medical blood testing significantly faster and easier. Backed by investors such as Oracle's Larry Ellison and Tim Draper. Theranos sold shares in a fundraising round that valued the company at more that $9 billion, putting Holmes's worth at an estimated $4.5 billion. There was just one problem: the technology didn't work. For years, Holmes had been misleading investors and retail partners. The deception would lead to nearly one million false test results, some of which seriously jeopardized the health of patients. When John Carreyrou, a reporter at the Wall Street Journarl, started asking questions, both Carreyrou and the Journal were threatened with lawsuits, as were many of Carreyrou's sources. Undaunted, the newspaper ran the first of dozens of Theranos articles in late 2015. By early 2017, the company's value was zero, and in March 2018, the U.S. Security and Exchange Commissioned charged Holmes with perpetrating 'an elaborte, years-long fraud'. Here is the gripping story of the biggest corporate fraud since Enron, a disturbing cautionary tale set amid the bold promises and gold-rush frenzy of Silicon Valley. 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, Theranos sold shares in a fundraising round that valued the company at $9 billion, putting Holmes's worth at an estimated $4.7 billion. There was just one problem: The technology didn't work. For years, Holmes had been misleading investors, FDA officials, and her own employees. When John Carreyrou, working at The Wall Street Journal, got a tip from a former Theranos employee and started asking questions, both Carreyrou and the Journal were threatened with lawsuits. Undaunted, the newspaper ran the first of dozens of Theranos articles in late 2015. By early 2017, the company's value was zero and Holmes faced potential legal action from the government and her investors. The biggest corporate fraud since Enron is a cautionary tale set amid the bold promises and gold-rush frenzy of Silicon Valley. "The full inside story of the breathtaking rise and shocking collapse of Theranos--the Enron of Silicon Valley--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, Theranos sold shares in an early fundraising round that valued the company at $9 billion, putting Holmes's worth at an estimated $4.7 billion. There was just one problem: the technology didn't work. For years, Holmes had been misleading investors, FDA officials, and her own employees. When Carreyrou, working at the Wall Street Journal, got a tip from a former Theranos employee and started asking questions, both Carreyrou and the Journal were threatened with lawsuits. Undaunted, the newspaper ran the first of dozens of Theranos articles in late 2015. By early 2017, the company's value was zero and Holmes faced potential legal action from the government and her investors. Here is the riveting story of the biggest corporate fraud since Enron, a disturbing cautionary tale set amid the bold promises and gold-rush frenzy of Silicon Valley"-- |
Exemplaires (1)
Code-barres | Cote | Support | Localisation | Section | Disponibilité |
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308646 | 338.768 176 1 CAR B | Book | Royal Military Academy | Economie, management & leadership | Disponible |