Bad Blood

(Axel Boer) #1

The maneuver generated an artificial tax loss: Ramesh Balwani v. BDO Seidman,
L.L.P. and François Hechinger, No. CGC-04-433732, California Superior
Court in San Francisco, complaint filed on August 11, 2004, 10.


He turned around and sued BDO: Ramesh Balwani v. BDO Seidman et al., 4, 6–7.


Elizabeth had tried to put the best spin: Confidential “Theranos Angiogenesis
Study Report.”



  1. DR. J


In June 2010, the social network’s: Alexei Oreskovic, “Elevation Partners Buys
$120 million in Facebook Shares,” Reuters, June 28, 2010.


Six months later: Susanne Craig and Andrew Ross Sorkin, “Goldman Offering
Clients a Chance to Invest in Facebook,” New York Times, January 2, 2011.


The emergence of Twitter: Michael Arrington, “Twitter Closing New Venture
Round at $1 Billion Valuation,” TechCrunch website, September 16, 2009.


In the spring of 2010: Christine Lagorio-Chafkin, “How Uber Is Going to Hire
1, 000 People This Year,” Inc., January 15, 2014.


Dr. J operated out of an office: LinkedIn profile of Jay Rosan; Jessica Wohl,
“Walgreen to Buy Clinic Operator Take Care Health,” Reuters, May 16, 2007.


In January 2010, Theranos had approached Walgreens: Walgreen Co. v. Theranos,
Inc., No. 1:16-cv-01040-SLR, U.S. District Court in Wilmington, complaint
filed on November 8, 2016, 4–5.


Two months later, Elizabeth and Sunny: Ibid., 5–6.


On the Walgreens side: Minutes of August 24, 2010, meeting between Walgreens
and Theranos.


“I’m so excited that we’re doing this!”: Ibid.


It would involve: Schedule F of Theranos Master Purchase Agreement dated July
30, 2010, filed as Exhibit C in Walgreen Co. v. Theranos, Inc. complaint.


A preliminary contract: Schedule B, F, and H1 of July 2010 Theranos Master
Purchase Agreement.


Theranos had told Walgreens: Document with a Theranos logo titled “Theranos
Base Assay Library.”


When the Walgreens side had broached: Confidential memo titled “WAG /
Theranos site visit thoughts and Recommendations” addressed by Kevin
Hunter to Walgreens executives on August 26, 2010.


Standing in front of a slide: PowerPoint titled “Project Beta—Disrupting the Lab

Free download pdf