Theranos' technology didn't work from "summary" of Bad Blood by JOHN. CARREYROU
The crux of the matter was that Theranos's technology didn't work. Elizabeth Holmes had promised a breakthrough in blood testing that would revolutionize the healthcare industry, but it was all smoke and mirrors. The Edison machines couldn't deliver accurate results, no matter how much she insisted they could.
From the very beginning, there were red flags that the technology was flawed. Employees raised concerns about the reliability of the results, but they were dismissed or silenced by Holmes. She was so focused on the image of success that she didn't care about the truth.
As the company grew, so did the deception. Theranos made deals with major companies like Walgreens and Safeway, touting their technology as a game-changer. However, behind the scenes, employees were scrambling to cover up the failures and keep the charade going.
When the Wall Street Journal exposed the truth about Theranos, it all came crashing down. The Edison machines were shown to be inaccurate and unreliable, putting patients' lives at risk. Holmes's empire crumbled, and she was charged with fraud.
The story of Theranos serves as a cautionary tale about the dangers of blind ambition and the importance of transparency in the face of failure. The consequences of their actions were far-reaching, impacting not only the company but also the lives of those who trusted them. In the end, the truth always comes out, no matter how hard you try to hide it.
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