Bad Blood is a startling account of how young Theranos founder, Elizabeth Holmes, used misleading information, persuasive speeches and downright lies to advance her start-up company’s interests by pulling the wool over the proverbial eyes of investors who collectively contributed to the nine hundred million dollars she amassed before finally relenting and succumbing to the accusations of fraud, which eventually caused her net worth to plummet to zero dollars. Elizabeth Holmes maintained that her mini-lab invention would revolutionize healthcare. With her striking blue eyes, unusually deep voice and Steve Jobs-like work attire, Elizabeth’s charismatic charm and convincing sales pitch mesmerized audiences and won her listeners over, time and time again. Her staff was impressive both in size and credentials, although turnover was high. Nevertheless, the money poured in. There was only one problem. Elizabeth’s invention didn’t work.
Before I started listening to this book I wondered how the author would keep me interested in a start-up company’s downfall for a whopping 11 hours, 37 mins.! I underestimated his ability and the intensity of the story. This book blew my mind!! I had so many emotions while listening, but the foremost one was disbelief. I was astounded by how long Elizabeth Holmes was able to fool so many people with what amounted to a product that never advanced from the prototype stage, but that nonetheless made its way into a major drugstore chain.
I want to believe that Elizabeth had good intentions in the beginning, but that perhaps greed slowly began to crowd out her vision, and as a result, somewhere along the line her actions belied the very cause she set out to advance. Maybe she got caught up in the fervor of being the successful female entrepreneur that so many people were rooting for. Perhaps in her quest for fame and fortune she stopped considering the human factor involved and the lives she could harm by pushing her invention when she knew it had failed miserably.
The fake it ‘til you make it tactic worked for an impressive amount of time, but eventually the jig was up, and it was all downhill from there. In the end, Elizabeth had a good idea, but she couldn’t implement it. The question that still lingers within me is did she ever think she really could?
This book was incredibly well written and kept me immersed in the narrative the entire time. Very highly recommended.