“Theranos was a combination of fraud with hubris mixed with incompetence.”
This line was written by John Carreyrou, former reporter at the Wall Street Journal. This particular line was about blood-testing startup Theranos, a medical tech company founded by Stanford dropout Elizabeth Holmes and once valued at $9 billion.
However, after Carreyrou’s reporting, the company was revealed as a massive case of fraud and Holmes, who goes to trial next summer, faces multiple charges of wire fraud.
The case is the subject of his bestselling book “Bad Blood: Secrets and Lies in a Silicon Valley Startup.”
Carreyrou, who is also a Pulitzer Prize winner, will be speaking about the case during his upcoming talk at the University of Notre Dame at 7 p.m. Tuesday, Oct. 29. The event will take place in the Edward J. DeBartolo Hall Auditorium.
The event is free and open to the public.
Carreyrou’s talk is part of the John A. Berges Lecture Series in Business Ethics organized by the Notre Dame Deloitte Center for Ethical Leadership at Notre Dame’s Mendoza College of Business.