Enlarge / Elizabeth Holmes, founder and CEO of Theranos. (credit: Getty | Michael Kovac )
If you think your Thanksgiving dinner conversation will be awkward and stressful this year, just be glad you and your family weren’t involved with Theranos.
As the once highly regarded blood-testing company crumbles under technological scandals and regulatory sanctions, the death toll of relationships among neighbors, friends, families, and long-standing partners is mounting. With lawsuits, investigative reports, and new accounts from a whistleblower, the company’s culture and inner-workings—which Theranos worked hard to obfuscate—are finally becoming clear. And what’s emerged are patterns of dishonesty, callousness, and litigiousness—if not outright belligerence.
Test of blood
Perhaps most startling of the recent revelations is the identity and family drama of one Theranos whistleblower: Tyler Shultz, grandson of George Shultz, the former secretary of state, who also happens to be a Theranos advisor. An exposé by The Wall Street Journal lays out how in the course of eight months, Tyler Shultz went from a bright-eyed Theranos employee to disgruntled whistleblower, personally disparaged by Theranos’ then-president and desperately trying to convince his grandfather to wash his hands of the doomed company.
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Source: Ars Technica – Beyond business: Disgraced Theranos bloodied family, friends, neighbors