Investors lost millions due to false claims from "summary" of Bad Blood by John Carreyrou
Investors who had poured their money into Theranos were left reeling when it became clear that the company's claims were based on falsehoods. The promise of revolutionary blood-testing technology had lured in high-profile investors, but as the truth came to light, their millions were at risk of disappearing. The deception ran deep within the company, with founder Elizabeth Holmes at the center of it all. She had painted a picture of a breakthrough technology that would change the face of healthcare, but in reality, the technology simply did not work. Despite this, Holmes ...
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