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Bad Blood wins 2018 Business Book of the Year Award

16 Nov 2018

Bad Blood writer John Carreyrou (center) wins Business Book of the Year
Winning writer John Carreyrou, center, with Kevin Sneader, global managing partner of McKinsey, left, and Lionel Barber, editor of the Financial Times.

The winner of this year’s Financial Times and McKinsey Business Book of the Year Award affirms the wisdom of the idiom “too good to be true.” Bad Blood: Secrets and Lies in a Silicon Valley Startup, by John Carreyrou, chronicles the meteoric ascent and crash of Theranos, the blood-testing company that touted near-magical diagnostic technology that turned out to be bunk.

Kevin Sneader, managing director of McKinsey, and Lionel Barber, editor of the Financial Times and chair of the judging panel, presented the awards last night at the National Gallery in London.

Bad Blood  is a distinctive piece of work,” said Sneader. “There are lessons here about the importance of governance and the proper trade-offs between fostering innovation and conducting due diligence. Above all, it combines deep reporting with the narrative pulse of a well-told detective story.”

Lionel Barber said, “Bad Blood is a brilliant piece of enterprise journalism. Carreyrou cracked the story of Theranos despite threats. He just gives us the facts and they are devastating. It’s well written and reads at times like a thriller.”

SOURCE:  McKinsey & Company   November 13, 2018   |   click to view original article

 

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