A very popular book which even Bill Gates likes.
This is a true story about a big startup scandal.
The book is actually too lengthy and is a consolidation of the events leading to the downfall.
Because it is presenting facts, it is not exactly an enjoyment to read. A long article should suffice.
The story
Theranos, a startup valued at $10 billion, has a blood testing product that didn’t work, yet the CEO Elizabert Holmes continues to raise funding.
They have patents, big shots on the board, worked with some big organizations, and the CEO is on the cover of Forbes (and many others).
See how much hypes the PR created.
But the product is not working well.
When WSJ first disclosed the scandal, she responded and continued to lie.
First they think you’re crazy, then they fight you, and then, all of a sudden, you change the world.
Lending the words of Steve Jobs. Putting on a front.
The lesson to learn is that anything can be fake.
Be careful who you trust.