Last night, I finished reading the not so incredulous story of the Biomedical startup and biggest corporate scam of this century the - Theranos saga in "Bad Blood: Secrets and Lies in a Silicon Valley Startup" by John Carreyrou.
Though quite engaging, I can’t say I am very impressed by his style of delivery which at times is more suitable for House and Garden magazine or a woman centric publication with a penchant for describing dresses and mascara. But, on the whole it was a tenacious labour of uncovering the truth behind a corporate scam shielded by powerful men, weaponized legal intimidation and absolutely unscrupulous promoters.
A story of how a young blond blue-eyed woman from a privileged background, a Stanford dropout with a fake voice having all the hallmarks of a psychopath and her unlikely partner, a Bombay born, bullying, boastful, uncouth and unscrupulous Sindhi rouge who earlier made it big in the US by a fluke, peddled a non-existing technology and successfully raised hundred of million dollars from VCs.
With the initial team of experts and technologists leaving or fired by the psychopathic duo, later the venture relied on a small army of scared, servile and sycophantic Indian minions afraid of losing their jobs and visas. There were also a couple of lying Chinese, and the company was backed by powerful white and Jewish old men ready to sacrifice their grandchildren to Moloch for their seat on the board in exchange for stock and by the highest echelons of the Democrat party right from the Clintons to Biden and the Obamas.
So when the shit finally hit the ceiling, VCs learned that they invested in an elaborate scam and lost their money, almost a million people jeopardized their lives with inaccurate tests, the female Steve Jobs wannabe remained unrepentant and is trying to play the role of a victim and the only beneficiaries of this Unicorn to Dinosaur story as usual are the American lawyers.
All too familiar elements for me, fake accents,to bogus antecedents and reports, political corruption, legal intimidation, old coots gaga for a smart confident young woman, greed, caprice, tyranny and as an Indian the most familiar of them all : Bullying Indian business owners treating employees and hired consultants like servants.
Considering people's propensity for listening to and believing in fables, especially those promising them heap loads of money, I have thus started reading "Bullshit & Philosophy" by Gary S. Hardcastle.
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