A $9 billion product valuation can be the result of deceit.Unfortunately for them, what sounded too good to be true actually was. They all thought it was their ticket to fame and fortune. Many venture capitalists bought into the revolutionary blood analysis device that Elizabeth Holmes and her startup company, Theranos, created. This is precisely what happened to many otherwise savvy investors as you’ll see in the story of Bad Blood: Secrets and Lies in a Silicon Valley Startup by John Carreyrou. But how would you feel if you had invested millions of dollars into a device that promised to change the world, only to discover it was virtually useless? It’s one thing to shell out $50, then realize you made a mistake. I often make the purchase only to find out the product is full of false promises later. I’m a real sucker for those online ads offering gadgets promising to change my life. 1-Sentence-Summary: Bad Blood is the story of how Elizabeth Holmes promised the world a medical miracle that actually operated on deception and lies.
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