Bad Blood: Secrets and Lies in a Silicon Valley Startup

SEIR

“When you strike at the king, you must kill him.”

As the tug-of-war with Heather King over the inspection report dragged on, news surfaced that Holmes would be hosting a fund-raiser for Hillary Clinton’s presidential campaign at Theranos’s headquarters in Palo Alto. She had long cultivated a relationship with the Clintons, appearing at several Clinton Foundation events and forging a friendship wit

She also agreed to be barred from being an officer or director in a public company for ten years.

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Christopher Weaver and John Carreyrou, “Theranos Offers

The resignations infuriated Elizabeth and Sunny. The following day, they summoned the staff for an all-hands meeting in the cafeteria.

Copies of The Alchemist, Paulo Coelho’s famous novel about an Andalusian shepherd boy who finds his destiny by going on a journey to Egypt, had been placed on every chair. Still visibly angry, Elizabeth told the gathered employees that she was building a religion. If there were any among them who didn’t believe, they should leave. Sunny put it more

evangelizing was what successful startup founders did in Silicon Valley. You didn’t change the world by being cynical.