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No. of Recommendations: 2
I just watched the author's (John Carreyrou) presentation on the book yesterday! It's worth checking out if you haven't read the book:
https://www.youtube.com/watch?v=vlQtwv0dpY4

It's definitely an interesting story, however I don't think there's much to learn from it for this board, because it's a story for venture capitalists to learn from. Theranos had pretty much no revenue at all throughout its existence. It was a pure story. Which is fine, that's the daily bread of VCs (AirBnB started as a story for angel investors as well), but in Theranos case there was half a billion in investments and no controls - no functioning board of directors, no audits or inspections, hard questions were never re-asked when rebuffed, all the red flags you should look out for...
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