- Elizabeth demanded absolute loyalty from her employees and if she sensed that she no longer had it from someone, she could turn on them in a flash.
- The staff turnover was like nothing ever experienced and the employees were troubled by what they saw as a culture of dishonesty at the company.
- Lying is a disgusting habit, and it flows through the conversations here (Theranos) like it’s our own currency.
KEY TAKEAWAY: Healthcare is now the single biggest sector of the US economy. It is bigger than big oil, bigger than big banking, and bigger even than the famous military-industrial complex that President Dwight Eisenhower warned about in his farewell speech. In 2013, the most generous estimate pegged the price of the military-industrial complex at $ 1.3 trillion, while healthcare expenditures in 2015 were $ 3.2 trillion, consuming nearly one of every five dollars spent in the US. Continue reading
KEY THESIS: Health care is a right, not a privilege. The United States must join the rest of the industrialized world and guarantee health care to every man, woman, and child through a Medicare for All single-payer system. Continue reading
KEY TAKEAWAY: “When the world is changing quickly, experience can become a curse, trapping us in old ways of doing and knowing, while inexperience can be a blessing, freeing us to improvise and adapt quickly to changing circumstances. Those who choose to live and work on a learning curve will experience greater vitality in their careers and will be well positioned in the new game of work.” Continue reading