Skip to main content

Bad Blood - John Carreyrou-Review

Bad Blood - John Carreyrou-Review


The Wall Street Journal, journalist John Carreyrou has chronicled in this book the rise and fall of Theranos, a Unicorn which never actually was.


Founded by Elizabeth Holmes, who was later joined by Sunny Balwani, the company had a golden run with a promise of easy, portable, and convenient blood testing mechanism. But as later, the investigative journalist would find out the technology didn't really work. 


The reporting is exhaustive and thorough. Carreyrou hasn't relied on one or two sources but offered several corroborations to the points raised in the book. On a larger scale, such books are important for its not always about Theranos.


In India, particularly, start-up founders and entrepreneurs often fall to this lure of fundraising without perfecting their product.  So many companies raise so much capital without anyone knowing how the cash flow will happen.


Equally problematic is the treatment of staff by the Board of a company. Theranos had a very high turnover rate, and still, the Board chose to be silent about it. Because Boardrooms usually don't care about the staff attrition. This is a dangerous trend around the World. In the case of Theranos, had the Board stopped to wonder why the company is becoming a revolving door, perhaps they would have realized the problems plaguing the company. But they were enamored by the CEO and hung on to every word she said.


The book also, through the story of Theranos, opens up the larger question of corporate whistleblowers. At the risk of their careers, can employees in private enterprises really speak up? Especially with the might of an organization and insecure colleagues out with knives at your throat?


This is where the business eco-systems suffer the most. There is so much focus on Govt. corruption that no one educates themselves on corporate fraud. Employees in such companies just move on to better-paying jobs. They are shutting their mouths up for final settlements, smoother transitions to other jobs, and a host of different reasons. 


A good book to read for anyone working in a private enterprise or wants to know how companies these days are being run. Especially the start-ups.


Comments

Also read

Cutting people off isn’t strength—It is a trauma response

Your ability to cut people off and self-isolate is not a skill you should be proud of—It is a trauma response Cutting people off and self-isolating may feel like a protective shield, but it is often rooted in unresolved or unhealed trauma and an inability to depend on others. While these behaviors seem like self-preservation, they end up reinforcing isolation and blocking meaningful connections. Confronting these patterns, seeking therapy, and nurturing supportive relationships can help break this unhealthy cycle. Plus, a simple act like planting a jasmine plant can symbolise the start of your journey towards emotional healing. Why do we cut people off and isolate? If you’re someone who prides themselves on “cutting people off” or keeping a tight circle, you might believe it’s a skill—a way to protect yourself from betrayal, hurt, or unnecessary drama. I get it. I’ve been there, too. But here’s the thing: this ability to isolate yourself is not as empowering as it may seem. In fact, i...

Punjab’s stilt-plus-four real estate rule 2025: Game changer or urban chaos? | circle rate hike explained

When the Punjab Cabinet approved the Unified Building Rules 2025, allowing stilt-plus-four floor construction across 40-ft-wide roads, it sparked both celebration and anxiety. For homeowners, it opened a new chapter of vertical prosperity. For urban planners, it may have unlocked Pandora’s box. Add to that a steep rise in circle rates up to 67% in Mohali and you have the perfect cocktail for a cityscape revolution. Is Punjab’s stilt-plus-four policy a game changer or a warning sign for urban chaos? Punjab’s 2025 building rule reforms are rewriting its urban DNA. With stilt-plus-four floors now permitted on 250 sq yd plots and higher circle rates in force, Punjab’s real estate market is at a crossroads. Is this the dawn of new opportunities or the slow death of livable cities? The answer lies somewhere between ambition and chaos. Urban transformation often begins with good intentions and ends in gridlocks. Punjab’s new stilt-plus-four policy and simultaneous circle rate hike hav...

Who the F Are You? by Harinder Singh Pelia — A sharp, kind kick to become unignorable | Book review

In this impatiently kind review I walk you through Harinder Singh Pelia's Who the F Are You?  a short practical guide to finding your unfair advantage and making it impossible to ignore. The book pairs a Minimum Viable Self framework with bite sized exercises and honest case studies. If you want clarity without theatre, this book gives you a plan. Have you ever felt invisible despite working hard? What is the book about in a few lines? The book's central promise is simple: find your unfair advantage, sharpen it and make it impossible to ignore. Pelia lays out a five step process built around the Minimum Viable Self framework. Rather than offering lofty pep talk, the book gives short exercises, prototypes and feedback loops so readers can test how they show up. It is candid, occasionally blunt, and emphatically practical. Harinder Singh Pelia’s Who the F Are You?  was published in 2025 by Penguin, the hardback spans 206 pages and wears its intent on its sleeve. The co...