In 2015, the Wall Street Journal's John Carreyrou revealed that the
blood tests developed by Theranos — the $9 billion company led by
Elizabeth Holmes — didn't work. Now John's out with "Bad Blood: Secrets
and Lies in a Silicon Valley Startup," a book that offers new details
about Holmes, her fraud and her efforts to kill his investigation.

John joined POLITICO's Dan Diamond to discuss how he got the story and
walk through the Theranos timeline (starts at the 1:35 mark), how Holmes
was able to attract staff, investors and media attention (12:00), why
government regulators didn't spot the fraud (21:30), why staff were
scared to blow the whistle (28:15), what Carreyrou thinks of reporters
who missed the story and more on his journalistic process (33:30).

At the end, there's a lighting round of listener-submitted questions at
43:30.

We'd appreciate your help: Please share PULSE CHECK and rate us on your
favorite podcast app!

Have questions, suggestions or feedback? Email [email protected].

MENTIONED ON THE SHOW

John's initial story on Theranos in 2015:
https://www.wsj.com/articles/theranos-has-struggled-with-blood-tests-1444881901

Fortune Magazine's 2014 cover story on Holmes, one of many laudatory
articles: http://fortune.com/2014/06/12/theranos-blood-holmes/

John's new book, "Bad Blood."
https://www.amazon.com/dp/B078VW3VM7/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1

Federal prosecutors filed criminal charges against Holmes and her
lieutenant Sunny Balwani this month:
https://www.wsj.com/articles/u-s-files-criminal-charges-against-theranoss-elizabeth-holmes-ramesh-balwani-1529096005

In 2015, the Wall Street Journal's John Carreyrou revealed that the blood tests developed by Theranos — the $9 billion company led by Elizabeth Holmes — didn't work. Now John's out with "Bad Blood: Secrets and Lies in a Silicon Valley Startup," a book that offers new details about Holmes, her fraud and her efforts to kill his investigation.


John joined POLITICO's Dan Diamond to discuss how he got the story and walk through the Theranos timeline (starts at the 1:35 mark), how Holmes was able to attract staff, investors and media attention (12:00), why government regulators didn't spot the fraud (21:30), why staff were scared to blow the whistle (28:15), what Carreyrou thinks of reporters who missed the story and more on his journalistic process (33:30).


At the end, there's a lighting round of listener-submitted questions at 43:30.


We'd appreciate your help: Please share PULSE CHECK and rate us on your favorite podcast app!


Have questions, suggestions or feedback? Email [email protected].


MENTIONED ON THE SHOW


John's initial story on Theranos in 2015: https://www.wsj.com/articles/theranos-has-struggled-with-blood-tests-1444881901


Fortune Magazine's 2014 cover story on Holmes, one of many laudatory articles: http://fortune.com/2014/06/12/theranos-blood-holmes/


John's new book, "Bad Blood." https://www.amazon.com/dp/B078VW3VM7/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1


Federal prosecutors filed criminal charges against Holmes and her lieutenant Sunny Balwani this month: https://www.wsj.com/articles/u-s-files-criminal-charges-against-theranoss-elizabeth-holmes-ramesh-balwani-1529096005

Guests