The trailer is out for Alex Gibney’s latest documentary, “The Inventor: Out for Blood in Silicon Valley”.
Known mainly for his jaw dropping, Academy award-nominated “Enron: The Smartest Guys in The Room”, filmmaker Gibney explores how Theranos rose from obscure med device startup to $9 billion company virtually over night and then almost as quickly crashed and burned in a massive fraud surrounding its Edison blood testing device.
In turn, the documentary critiques Silicon Valley itself, including a startup culture that encourages companies to lie to investors, the lack of meaningful regulatory oversight, and a VC culture that endorses a “fake it ’til you make it” attitude towards technology and charismatic founders like (the now infamous) Elizabeth Holmes, Theranos’ founder.
I always thought the Theranos story was tailor made for an “American Greed” episode, but it looks like HBO got there first. Or perhaps there was some indigestion at the thought of taking on the subject of Theranos when Greed’s home network, CNBC, and its on-air personalities arguably contributed to the hype surrounding Holmes and her blood-analyzing house of cards.
The film is produced by HBO Documentaries and is set to air later this year. I know I’ll have the popcorn ready.
Ben Bhandhusavee is the founder of BHANDLAW, PLLC, a Phoenix business and technology law firm advising early stage and established businesses on corporate M&A, technology, and finance transactions, as well as e-commerce, creative intellectual property, Internet and digital media matters. Ben can be reached at (602) 222-5542 or by e-mail at firstname.lastname@example.org