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Tag Archives: Theranos

Noblesse Oblige: Thicker than Water

A useful postscript to my reading of Bad Blood and my blog posts about the podcast The Dropout, both of which examined the Elizabeth Holmes/Theranos story, is Tyler Shultz’s new Audible podcast, Thicker Than Water.  Shultz is, of course, the grandson of George Shultz and the whistleblower who began the process of exposing the lies and misrepresentations behind Holmes and Theranos. In much the same way that my most pressing question about Holmes and her company was...

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The Bloodbath:The Dropout, Episodes 5 and 6

Part 3 of a #ReadWithMe Series Read the earlier posts here and here. By 2016, Holmes and Balwani had broken up, and he was leaving the company. Carreyrou’s series of articles about Theranos’s unreliable technology had been published in the Wall Street Journal. And yet, many of Elizabeth’s early investors, like Tim Draper, still defended her unreservedly as someone who is “doing a great thing for humanity” and “changing healthcare as we know it.” Channing Robertson,...

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The Big Store:The Dropout, Episodes 3 and 4

A #ReadWithMe series. Read Part 1. As Theranos’s profile as a company, and Elizabeth Holmes’s profile as a startup star, began to rise, Holmes began a publicity push unlike anything seen before. She worked with Errol Morris, director of The Thin Blue Line, on a set of promotional videos that focused on patients’ fears about blood tests, and Theranos’s promise to provide a better patient care experience. Holmes appeared at Glamour’s Women of the Year awards. Forbes...

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Sounds Suspicious: The Dropout, Episodes 1 and 2

John Carreyrou’s book about the rise and fall of Elizabeth Holmes and Theranos is so comprehensive, it’s hard to imagine what a podcast covering the same material could add. (You can read my first post on Carreyrou’s book here.) But the first thing we hear in the first episode of the ABC News podcast, The Dropout, is an audio clip from Holmes’s deposition.  And that means we hear Elizabeth Holmes’s voice. Holmes’s voice is a consistent theme in Carreyrou’s book,...

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Bad Blood

Innovation requires big dreams. Changing the world isn’t for the faint of heart, the unadventurous, or those who aren’t willing to take chances. But those big dreams have to be backed up by hard work, integrity, and endless research and analysis. John Carreyrou’s book, Bad Blood: Secrets and Lies in a Silicon Valley Startup looks at a startup founder and company who may have had the first, but who certainly lacked all the rest. I still remember the first time I...

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Is 2017 The Year Silicon Valley Experiences The Dark Side Of “It’s Different This Time”?

Authored by Mark St.Cyr, With 2016 now in the rearview mirror. The one thing that was supposed to be included in that vision was the successful resurgence of IPO’s across “The Valley”. 2016 was supposed to be “the year” of the comeback for unicorn cash-out dreams after what can only be described as a “not as advertised” 2015. For if one needs remembering: 2015 was the worst year for tech IPO’s since 2009. Here’s another problem nobody seems willing to discuss: 2015 may have been the...

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Trump Confirms Retired Marine General “Mad-Dog” Mattis Will Be America’s Next Secretary Of Defense

Update: Speaking during an Ohio "thank you" rally, Donald Trump just confirmed that James "Mad Dog" Mattis will be America's next Secretary of Defense. BREAKING: Trump tells Ohio "Thank You" rally that James "Mad Dog" Mattis will be America's next secretary of defense https://t.co/rNmUSohAjM pic.twitter.com/UNhh1nmpMD — CBS News (@CBSNews) December 2, 2016 *  *  * President-elect Donald Trump has chosen 66-year-old retired Marine General James N. "Mad-Dog" Mattis to be secretary of...

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Robertson Stephens Co-Founder Sues Theranos And Elizabeth Holmes For Fraud

In what is not the first lawsuit (and certainly won't be the last) by naive shareholders to go after former unicorn darling-turned-fraud Theranos, its founder Elizabeth Holmes, and COO Ramesh Balwani, the co-founder of prominent dot com investment bank Robertson Stephens, Robert Colman, accused Theranos and Holmes of making false and misleading claims about its operations and technology while soliciting money from investors. The pioneering Silicon Valley deal maker invested in the...

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Theranos Whistleblower Tells All On Intimidation And Coercion Tactics Employed To Silence Him

2016 has not been too kind to Elizabeth Holmes, the Steve-Jobs wannabe in charge of fraudulent Theranos. She has thus far been banned for 2 years from operating labs, removed from hosting fundraisers for Hillary and lost her entire net worth.  And now, the Wall Street Journal has published the "tell-all" story of the whistle-blower, 26 year old Tyler Shultz, who brought the the whole Theranos farce crashing down.  It's a sordid tale complete with all the expected twists and turns of a...

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