![]() “Everywhere you look with this young lady, there’s a purity of motivation,” Shultz told him. As a result, Walgreens suffered from a severe case of FoMO-the fear of missing out.”īad Blood: Secrets and Lies in a Silicon Valley Startup Theranos had cleverly played on this insecurity. It was a myopic view of the world that was hard to understand for an outsider like Hunter who wasn’t a Walgreens company man. ![]() “We can’t risk a scenario where CVS has a deal with them in six months and it ends up being real.” Walgreens’s rivalry with CVS, which was based in Rhode Island and one-third bigger in terms of revenues, colored virtually everything the drugstore chain did. To top it all off, Theranos had drawn the blood of the president of Walgreens’s pharmacy business, one of the company’s most senior executives, and failed to give him a test result! Van den Hooff listened with a pained look on his face. And now she was refusing to do a simple comparison study. Then she’d rejected his proposal to embed someone with them in Palo Alto. First, Elizabeth had denied him access to their lab. ![]() “After they hung up, Hunter took aside Renaat Van den Hooff, who was in charge of the pilot on the Walgreens side, and told him something just wasn’t right. ![]()
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