![]() ![]() Kevin Sneader, global managing partner of McKinsey, the consulting firm that supports the prize, presented the award to Mr Carreyrou, a reporter for The Wall Street Journal. Lionel Barber, FT editor and chair of the judging panel, called Bad Blood “a brilliant piece of enterprise journalism” that “reads at times like a thriller”.Įlizabeth Holmes, founder of Theranos who has been charged with perpetrating a multimillion dollar fraud on investors, doctors and patients © Bloomberg The group also attracted high-profile investors, including moguls Larry Ellison and Rupert Murdoch.Īccepting the award, Mr Carreyrou said that readers should learn from the Theranos scandal that the “move fast and break things” approach to technology innovation did not work well in areas such as healthcare or self-driving vehicles: “I hope that people read this book and keep in mind that this Silicon Valley playbook doesn’t apply very well to regulated industries and especially doesn’t when lives are at stake.” Theranos’s board once counted among its members former US secretaries of state Henry Kissinger and George Shultz, and Jim Mattis, current US defence secretary. ![]() The book offers insights about the cult of founder-leaders and weaknesses in regulation and corporate governance. ![]()
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