Bad Blood
Secrets and Lies in a Silicon Valley Startup
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Narrated by:
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Will Damron
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By:
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John Carreyrou
About this listen
NATIONAL BESTSELLER • The gripping story of Elizabeth Holmes and Theranos—one of the biggest corporate frauds in history—a tale of ambition and hubris set amid the bold promises of Silicon Valley, rigorously reported by the prize-winning journalist. With a new Afterword.
“Chilling ... Reads like a thriller ... Carreyrou tells [the Theranos story] virtually to perfection.” —The New York Times Book Review
In 2014, Theranos founder and CEO Elizabeth Holmes was widely seen as the next Steve Jobs: a brilliant Stanford dropout whose startup “unicorn” promised to revolutionize the medical industry with its breakthrough device, which performed the whole range of laboratory tests from a single drop of blood. Backed by investors such as Larry Ellison and Tim Draper, Theranos sold shares in a fundraising round that valued the company at more than $9 billion, putting Holmes’s worth at an estimated $4.5 billion. There was just one problem: The technology didn’t work. Erroneous results put patients in danger, leading to misdiagnoses and unnecessary treatments. All the while, Holmes and her partner, Sunny Balwani, worked to silence anyone who voiced misgivings—from journalists to their own employees.
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"Bad Blood is the real be-all end-all of Theranos information…. Bad Blood is wild, and more happens on one page than in many other entire books." —Margaret Lyons, The New York Times
"You will not want to put this riveting, masterfully reported book down. No matter how bad you think the Theranos story was, you'll learn that the reality was actually far worse."—Bethany McLean, bestselling coauthor of The Smartest Guys in the Room and All the Devils Are Here
"Chilling... Carreyrou tells [this story] virtually to perfection… Reads like a West Coast version of All the President's Men."—Roger Lowenstein, The New York Times Book Review
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- Length: 24 hrs and 28 mins
- Unabridged
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A riveting, powerful telling of the story of the grassroots movement of activists, many of them in a life-or-death struggle, who seized upon scientific research to help develop the drugs that turned HIV from a mostly fatal infection to a manageable disease. Ignored by public officials, religious leaders, and the nation at large, and confronted with shame and hatred, this small group of men and women chose to fight for their right to live by educating themselves and demanding to become full partners in the race for effective treatments.
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Read This Book!
- By Kay M Hawklee on 05-30-17
By: David France
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The King of Content
- Sumner Redstone’s Battle for Viacom, CBS, and Everlasting Control of His Media Empire
- By: Keach Hagey
- Narrated by: Gabra Zackman
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Sumner Murray Redstone, once feared as the “mad genius” of media who would dump his CEOs for mere wobbles in his companies’ stock price, had built one of the world’s greatest media empires through a series of audacious takeovers constructed to ensure that he always maintained control. Today he controls 80 percent of the voting shares of both Viacom and CBS, meaning that on a whim he could replace the entire boards of two public companies with a combined value of $40 billion.
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Feels biased. Well researched, but not engaging.
- By Anonymous User on 04-03-19
By: Keach Hagey
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Freezing Order
- A True Story of Russian Money Laundering, State-Sponsored Murder, and Surviving Vladimir Putin's Wrath
- By: Bill Browder
- Narrated by: Adam Grupper
- Length: 10 hrs and 29 mins
- Unabridged
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When Browder’s young Russian lawyer, Sergei Magnitsky, was beaten to death in a Moscow jail in 2009, Browder cast aside his business career and made it his life’s mission to pursue justice for Sergei. One of the first steps of that mission was to uncover who had killed Sergei and profited from the $230 million corruption scheme that he had exposed. As Browder and his team tracked the money that flowed out of Russia—through the Baltics and Cyprus and on to Western Europe and the Americas—they discovered that Vladimir Putin himself was one of the beneficiaries of the crime.
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Red Notice Part II —- The Empire Struck Out
- By R. Alembik on 04-16-22
By: Bill Browder
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Losing the Signal
- The Untold Story Behind the Extraordinary Rise and Spectacular Fall of BlackBerry
- By: Jacquie McNish, Sean Silcoff
- Narrated by: William Hughes
- Length: 11 hrs and 29 mins
- Unabridged
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Losing the Signal is a riveting story of a company that toppled global giants before succumbing to the ruthlessly competitive forces of Silicon Valley. This is not a conventional tale of modern business failure by fraud and greed. The rise and fall of BlackBerry reveals the dangerous speed at which innovators race along the information superhighway.
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Fascinating
- By Gerardo A Dada on 09-05-15
By: Jacquie McNish, and others
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DisneyWar
- By: James B. Stewart
- Narrated by: Patrick Lawlor
- Length: 25 hrs and 40 mins
- Unabridged
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DisneyWar is an enthralling tale of one of America's most powerful media and entertainment companies, the people who control it, and those trying to overthrow them. It tells a story that - in its sudden twists, vivid, larger-than-life characters, and thrilling climax - might itself have been the subject of a Disney classic - except that it's all true.
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Really interesting story... No ending.
- By rotinaj on 12-18-17
By: James B. Stewart
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Lie After Lie
- The True Story of a Master of Deception, Betrayal, and Murder
- By: Lara Bricker
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A seemingly perfect world held an even more unlikely killer... Julie Keown had a great job, financial security, and a perfect husband who was attending Harvard Business School. But after Julie suddenly died, and doctors discovered she’d been poisoned with the main ingredient in antifreeze, her parents began to suspect that her husband, James, was not so perfect. This blow-by-blow account shows how investigators and state police unraveled James Keown’s chilling web of deceit.
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Boring writing and lack of any narrative arc
- By Josh on 11-21-18
By: Lara Bricker
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Missing Man
- The American Spy Who Vanished in Iran
- By: Barry Meier
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In late 2013, Americans were shocked to learn that a former FBI agent turned private investigator who disappeared in Iran in 2007 was there on a mission for the CIA. The missing man, Robert Levinson, appeared in pictures dressed like a Guantánamo prisoner and pleaded in a video for help from the United States.
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Important story
- By Richard F. Callahan on 08-03-16
By: Barry Meier
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Paradise Falls
- The True Story of an Environmental Catastrophe
- By: Keith O'Brien
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Lois Gibbs, Luella Kenny, and other mothers loved their neighborhood on the east side of Niagara Falls. It had an elementary school, a playground, and rows of affordable homes. In the spring of 1977, pungent odors began to seep into these little houses, and it didn’t take long for worried mothers to identify the curious scent. It was the sickly-sweet smell of chemicals.
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Incredible work of everyday people
- By J. C. Edens on 11-20-24
By: Keith O'Brien
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Red Notice
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Red Notice is a searing expose of the wholesale whitewash by Russian authorities of Magnitsky's imprisonment and murder, slicing deep into the shadowy heart of the Kremlin to uncover its sordid truths.
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This is an absolute "YES" as your next read/listen
- By William on 02-07-15
By: Bill Browder
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The Antidote
- Inside the World of New Pharma
- By: Barry Werth
- Narrated by: Sean Pratt
- Length: 16 hrs and 27 mins
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In 1989, the charismatic Joshua Boger left Merck, then America's most admired business, to found a drug company that would challenge industry giants and transform health care. Barry Werth described the company's tumultuous early days during the AIDS crisis in The Billion-Dollar Molecule, a celebrated classic of science and business journalism. Now he returns to tell a riveting story of Vertex's bold endurance and eventual success.
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For me this was not interesting
- By Yan on 06-26-17
By: Barry Werth
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The Friendly Orange Glow
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- Narrated by: George Newbern
- Length: 21 hrs and 6 mins
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At a time when Steve Jobs was only a teenager and Mark Zuckerberg wasn't even born, a group of visionary engineers and designers - some of them only high school students - in the late 1960s and 1970s created a computer system called PLATO, which was not only years but light-years ahead in experimenting with how people would learn, engage, communicate, and play through connected computers.
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Memory lane for the cyberist.
- By Robert C. Hickcox on 08-08-18
By: Brian Dear
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Where Wizards Stay Up Late
- The Origins of the Internet
- By: Katie Hafner, Matthew Lyon
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Twenty-five years ago, it didn't exist. Today, 20 million people worldwide are surfing the Net. Where Wizards Stay Up Late is the exciting story of the pioneers responsible for creating the most talked about, most influential, and most far-reaching communications breakthrough since the invention of the telephone. In the 1960s, when computers where regarded as mere giant calculators, J.C.R. Licklider at MIT saw them as the ultimate communications devices.
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Absolutely fascinating and we'll researched
- By Elsa Braun on 10-01-16
By: Katie Hafner, and others
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What listeners say about Bad Blood
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- LEE
- 05-29-18
Extreme retaliation against former employees
Theranos lab employees were under continuous observation - camera surveillance, email scrutiny, the works. Fake baritone voiced Elizabeth Holmes and her cruel boyfriend Ramesh "Sunny" Balwani held them tightly in mortal fear, pursuing the few who thought they could resign and rebuild their lives. No lab employee could be allowed to expose the fraud.
The multi-billion dollar secret at the time: Theranos was phony baloney; it had no device that could run all types of blood tests with just a drop of blood and then provide instant accurate test results. It didn't have anything to change the world. All those Theranos devices being used by the U.S. military in Afghanistan - pure fabrication. But nobody could prove it wasn't being done and besides, the board of directors included: George Shultz; James Mattis; Henry Kissinger; and many other famous heavy hitters.
The suspense built and built. Author and narrator matched up nicely, building strength as the book progressed. They made me feel the fear a Theranos lab technician who had to pretend miracles happened. One former lab director was driven to suicide, a mere pawn in this game. Former lab employees discovered the hard way they could run but not hide (those who tried to hide were found by Theranos investigators).
George Shultz's grandson was caught more than once trying flip his grandfather, and his family was made to spend an obscene amount (I think it was $400K) trying to defend against Theranos lawsuits. Legal bills were only part of the harassment. Holmes and her crew ruined people's reputations and careers.
Elizabeth Holmes remains a mystery. Carreyrou says she was an outstanding sales person. She relieved big money out of sophisticated investors - $150 million from the Walton family, $121 million from Rupurt Murdoch, $100 million from Betsy DeVos (her father-in-law was co-founder of Amway), $120 million from the Cox family that controls Cox Media Group, and so on.
Bad Blood shows how an apex con artist dupes important people by appealing to ego and greed. Jim Cramer said her company was changing healthcare the same way Amazon changed retail. President Clinton publicly asked her for advice on reducing inequality. She made the Time Magazine 100 List. She talked pure nonsense without interviewers being aware of it. Instead they probably saw a female Steve Jobs; we all wanted to see a female Steve Jobs. Although it tries, the book doesn't explain what Holmes said and did behind closed doors that captured sophisticated investors and government leaders. It's still a mystery. I keep thinking about it.
In retrospect, all those employees who lived in fear were never the target. Holmes targeted billionaires, and to a lesser extent, famous people with big egos. Holmes dealt with these people directly. She made them wait; she made sure her security detail was more numerous than theirs; she decided when the meeting was over; she put the pants on them and dipped them. How on earth did she pull it all off?
True crime is an exciting genre, and this book succeeds for two reasons: 1. The author was part of the story from the beginning, as he understood a crime was occurring and the villain worked at shutting him up. 2. The story was told from the perspective of lab employees living the nightmare of running from a monster that gives pursuit.
(Separately, I keep thinking about the non-disclosure agreement (NDA) Theranos used on employees, how they weaponized this basic legal contract. One can imagine why lab scientists and technicians signed since this was a condition of employment.)
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- Veronica
- 01-16-19
Thank the gods for real journalism in this era
The narration was spot on and Carreyrou kept me hooked for days. Do not skip this one.
There was an amazing passage in this book that could've been talking about anyone from the current administration. Unsurprisingly, many conservatives directly involved in the Trump administration had joined this cult of greed and lies then helped to prop up this destructive farce. I can't call it a company because it clearly was a criminal organization. Jim Mattis's actions are especially disgusting. He was all to happy to use our troops as guinea pigs for untested medical devices because he sat on the board and directly stood to profit. Don't worry though, there were a couple Dems in there now and again.
The scariest thing about this book is that the very important agencies and regulatory bodies may never have stepped in if it wasn't for the bravery of a few former employees and John Carreyrou's willingness to call BS. So many people knew from the beginning how dangerous this "technology" was and what a scam they were running, yet lawyers managed to terrify them all into submission.
The Theranos scam is a result of the complete erosion of rights for employees, patients, and consumers and the rise of the silicone valley cult of greed (with a lot of help from our corporate politicians.) Journalists are our last and best hope and despite my depression at the state of our nation, this is one of the few bright lights. If this woman and her weird partner aren't in prison there truly is no law rich people answer to.
THANK YOU JOHN!!
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9 people found this helpful
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- JL
- 04-03-19
Fascinating story, annoying narrator
Fascinating story, sometimes it dragged a tad, but overall I binged this in 3 days.
Note to the narrator: bro, stop with the "female" voice impressions. It's annoying, distracting, INSULTING and also inappropriate considering Elizabeth's well known "baritone" speaking style.
Otherwise, the narration was fine.
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3 people found this helpful
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- laurel howard
- 07-30-18
Narrarator
The man who reads this book does an “impression” of female speakers that, in my opinion, borders on mocking. We know Elizabeth Holmes is a lady. We know what ladies sound like in a general way. I don’t need this dude to affect some high pitched effeminate tone to let me know who he’s quoting when he says “she said”. Just read the book.
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- Dina D, Strachan, M.D. (Dr Dina MD)
- 01-20-19
I cannot wait to see the movie!
As a physician, I was suspicious from the start when I first heard about Elizabeth Holmes and Theranos. It was always sold so hard without presenting actual data about efficacy--even at medical meetings. If they really had the technology to do what they claimed, they would've been doing it because everyone would prefer it. Instead there was marketing and lobbying. It was curious to see even medical luminaries crow about articles in Forbes--rather than science. Now having listened to Bad Blood, I know understand the story to be much darker than I ever imagined. This book is a public service and a lesson in not believing hype.
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- cliffordbdavid
- 02-26-19
Fascinating True Story
America needed a young woman who was a self-made success. It produced and nurtured a sociopath .
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- Amazon Customer
- 08-23-18
Exceptional Investigating and Captivating Writing
This is one of the absolute best works of investigative journalism, and a riveting tale of fraud and sociopathy. Carreyrou's style is crisp and elegant. His facts are well-developed and fully supported. I could not stop listening.
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- jason
- 12-15-18
journalism at it's best
nice work, thoroughly researched. the story is stand alone entertaining. I'm glad to have read it.
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- Laura C
- 11-09-18
Fascinating
I couldn’t stop listening! The story was well organized and paced. The narrator was great. Highly recommend!
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- Cem84
- 03-07-19
Everyone must read this
So many lives were nearly destroyed and one actually was at the hands of Holmes and Balwani and their callous disregard for the truth, reality. This wasn't just tech, this is blood testing that can actually kill
people with the wrong treatment due to false results. They should both go to jail.
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