03/16/2026 | News release | Distributed by Public on 03/16/2026 13:17
You're fresh out of college. You land your dream job at $9B healthcare startup Theranos. Then, you discover the company was built on lies. What would you do?
Join us to hear from Tyler Shultz, the whistleblower who helped expose fraud at Theranos, a Silicon Valley startup once valued at over $9 billion. The event, "Courage and Conscience: A Celebration of Business Ethics," is Tuesday, April 14 from 5-7 p.m. For more information and to register for this free event, visit https://www.boi.st/ethics.
The subject of docuseries on HBO and Hulu, the best-selling book Bad Blood and high-profile newspaper articles, Theranos was founded in 2003 and promised to revolutionize the healthcare industry. The company raised nearly $1B in funding, attained a $9B valuation and assembled a high-powered board of directors of former secretaries of state, secretaries of defense, four-star generals and senators. Tyler Shultz was 22 years old, fresh out of college and eager to join a company that was being touted as "the Apple of healthcare." However, he quickly realized that behind the facade of a charismatic founder, powerful board, high-profile investors and magazine cover stories, Theranos was built on lies.
Learn more as Shultz recounts his experience navigating complex ethical, regulatory, legal and personal dilemmas as he exposed one of the biggest corporate frauds since Enron. Shultz's story offers a compelling perspective on the power of courage and integrity in the face of immense pressure.
The event will also include breakout discussions and an ethics award ceremony. Light refreshments will be provided.
"Courage and Conscience: A Celebration of Business Ethics" is presented by the College of Business and Economics Hansberger Chair in Business Ethics and the Responsible Business Initiative. In 2025, Justin Ames, associate professor in the Department of Management, was seated as the Robert V. Hansberger Endowed Chair in Business Ethics, a five-year appointment. A gift from the Hansberger family established the position to continue Robert V. Hansberger's legacy as a visionary Idaho businessman and strong proponent of ethical business practices.