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Theranos - Silicon Valley’s Greatest Disaster


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  • PippiOnePointOh
    PippiOnePointOh  Жыл бұрын +13632

    I’m a medical laboratory professional, and I can tell you that not everyone was taken in by Elizabeth Holmes. The medical laboratory community was crying foul from the very beginning.

    • Arizona Anime-Fan
      Arizona Anime-Fan 4 күн бұрын

      agreed, my father worked in the medical field his whole life. the first time he heard about Theranos was in a NYTimes article, and he pinned it on his fridge and wrote the words "Fraud" in red marker on it, circling the word Theranos. it was a wonderful point of conversation with everyone who saw it. He had worked his whole life in blood related fields and knew it was bullshit from the first moment. He still loves to pull that article out and use it as "point no.1" about how little the press understands science.

    • Dan Quayles ITS SPELT POTATOE!
      Dan Quayles ITS SPELT POTATOE! 6 күн бұрын

      @Lord Jim They never heard of nickola trucks or ELON "its not really that hard" MUSK! inventor of the tunnel and a person to drive a car for you? LOL

    • Kaveh Sarkhanlou
      Kaveh Sarkhanlou 2 ай бұрын

      Unfortunately people believe in what they want to believe and never listen to experts. specially when money is promised.

  • Hank J. Wimbleton
    Hank J. Wimbleton  Жыл бұрын +6671

    she should've gone into politics. She had a thirst for power, a disgusting and inhuman disregard for the well-being of others, a near-superhuman ability to charm and deceive people, and an outstanding talent for gathering the support of political string-pullers. If she'd had the patience to wait until she was 35, she would've been president.

    • Miki Miyazaki
      Miki Miyazaki 21 сағат бұрын

      Ok but do you even know how many jiggawatts are in the flux capacitor?

    • Uncle Sam
      Uncle Sam 3 күн бұрын

      Shes pretty much a machiavellian man.

    • Emmanuel William Quinton
      Emmanuel William Quinton 27 күн бұрын

      This says a lot about which people run our country. This is not the type of society we should want to leave in.

    • QuidQuoPro
      QuidQuoPro Ай бұрын

      @Guy Skillen "It is cool bro, but hey, can you please lower the minimum wages and we are cool" - Every political sponsor ever

    • Melvin Raflores
      Melvin Raflores Ай бұрын

      In a way, she might be able to make use of the dictatorial structure of the Presidential system. Usually, that ends up for the worse.

  • Joel Reid
    Joel Reid 10 ай бұрын +2710

    When i first heard of Theranos as a science teacher, I had my doubts. i asked my wife, who works in pathology (blood testing) she literally scoffed in laughter, because it is impossible.
    You see, some of the tests they were claiming require such low concentrations that you absolutely need a large amount of blood. You can not accurately (a strong requirement for administering good health advice) test a small amount of blood for some of the tests they were claiming required only a drop.

    • Jugs Masterson
      Jugs Masterson 9 күн бұрын

      ​@Joel Reid it was a dumb fucking comparison, but good on you for entertaining it for a moment. Comparing this to a handheld video. Unreal.

    • Aparna
      Aparna 20 күн бұрын

      @Daeng Selili A TV isn't taking blood. A palm TV isn't claiming to perform multiple tests on one drop of blood, which is physically impossible. This is a bad analogy.

    • mikeyfazed
      mikeyfazed 29 күн бұрын

      @Lucignolo they never went public, einstein

    • Lucignolo
      Lucignolo Ай бұрын

      Why didn’t you short sell theranos if your wife knew it wouldn’t work?

  • Cr0misc
    Cr0misc 3 ай бұрын +346

    The fact Elizabeth named their machine Edison is absolutely hilarious when you realize that:
    1. It's apparently named after Thomas Edison, who was hailed as a genius of his time, only for it to be later revealed that he was a fraud who stole patents from other inventors and took credit for their accomplishments.
    2. Taking point no. 1 into account, Theranos was conducting tests on other companies' machines and presenting results as if they were done on Edison machines.

    • Katharine Harrison
      Katharine Harrison 3 күн бұрын

      Such a thief. No original ideas. She admired Steve jobs and stole his turtleneck look, and liked Yoda and stole his famous line and had it painted on the walls of her company. Lol

    • ☽ sel ☾
      ☽ sel ☾ 13 күн бұрын +2

      They do that (Tesla)
      I mean, they take advantage of reputations.

    • mitty
      mitty 3 ай бұрын +26

      She’s so obsessed with Steve Jobs lol. Apples retail scanning machines are called “Issacs” named from Issac Newton…

  • Dhruvish Kapadia
    Dhruvish Kapadia  Жыл бұрын +1496

    She clearly is a brilliant candidate to study about Sociopathy for those interested in psychology.
    The blood test thing was a sham right in its premise because the finger prick only takes capillary blood which is appropriate for only limited tests. You need venous and sometimes even arterial blood for specific tests!

    • Laura Larrabee
      Laura Larrabee Ай бұрын

      @Tranquil thoughts She has no respect for the process. Elizabeth was not in medical school and had no experience working with patients and even less experience working in bio medical engineering. Years of research, testing and investigation and even basic medical science would have told Elizabeth the machine was not possible. Had she finished schooling she might have come up with something that actually worked. However she was also hampered by her horrible managerial skills. Employees under Elizabeth and Sunny eventually move on or quit due to abusive practices.

    • JoeOvercoat
      JoeOvercoat 2 ай бұрын

      And yet businesses threw money at her.

    • Clint Oruss
      Clint Oruss 2 ай бұрын


    • S
      S 2 ай бұрын

      Psychopathy, not sociopathy

  • iEmbrion
    iEmbrion 4 ай бұрын +173

    Felt like she was intially buying time hoping for a breakthrough and by the time she realises the mountain of challenges and obstacles, she was too deep in and the only way left is to continue. She definitely knew it is a ticking timebomb waiting to explode.

    • Mar Hawkman
      Mar Hawkman 3 ай бұрын +2

      Zoot Rollo yeah, if you admit failure... well.. that's like giving up your goal to get rich. show's over, time to pack it up and leave.

    • Matt
      Matt 3 ай бұрын +14

      I read a memoir on this. I think she initially thought it was possible. And for awhile I think she genuinely thought she could somehow make it happen, hence the intense work demands and development. But eventually I think she got addicted to the fame she achieved. She was being viewed as the female Steve Jobs and viewed as a genius. And I tend to think that mattered most to her.

    • valberm
      valberm 3 ай бұрын +25

      She made the tempting mistake any layman is inclined to make: thinking that anything can be done if you just throw enough money at it.

  • dirt
    dirt 2 жыл бұрын +12539

    instead of going into medicine, this lady should've been a politician. she would have killed it.

    • А. С.
      А. С. 29 күн бұрын

      I am actually glad she managed to dupe the dupes if nothing else.

    • yeet yeet
      yeet yeet Ай бұрын

      She’s not old as fuck though

    • DevRiNi
      DevRiNi Ай бұрын

      Can't agree more

  • Skank or You Can Call Me Maurice
    Skank or You Can Call Me Maurice 8 ай бұрын +771

    3:05 As an engineer, this is what pissed me off about Holmes. She going around telling people that she's "a trained engineer" when she went to school for 18 months and had zero working knowledge in that field. The first year is all math, chemistry, and physics prerequisite courses, so she took 3 or 4 actual engineering classes at most. It's like dropping out of medical school a year into the program and telling people that you're a doctor. What a scumbag.

  • Trevor Stolz
    Trevor Stolz 10 ай бұрын +590

    She constantly badgered and threatened to fire anyone who disagreed with her and set up two engineering teams to compete with each other, threatening to fire the whole team. That must have resulted in an absolute toxic work place. It's always nice to see a rich beach like this get what's coming to her. I can't wait to see her sentenced in September.

    • SpaceRider
      SpaceRider 11 күн бұрын

      It said that in this video I don't know why you repeating it in this comment

    • Moise Mensah
      Moise Mensah 14 күн бұрын

      ​@John Smith multiple patients got scammed with inaccurate test results. Watch the video again, Sir. Please.

    • Moise Mensah
      Moise Mensah 14 күн бұрын

      ​@John Smith the coroner report and police inquiry & investigation ruled Ian's demise as suicide. She pulled the strings.

    • Moise Mensah
      Moise Mensah 14 күн бұрын

      ​@Clint Oruss two sons, sadly.

    • John Smith
      John Smith Ай бұрын

      @jekblom123 11.25 years behind bars is too much! It is not definitive she harmed anyone

  • Abysmal Horizon
    Abysmal Horizon 4 ай бұрын +104

    Kinda surprising how all these "self-made" billionaires always come from wealthy families lol.

  • Krom
    Krom 7 ай бұрын +256

    This still blows my mind. I had a career as a lab tech and phlebotomist before working at a local Walgreens in the pharmacy. I remember my pharmacist asking me "can they do all these with a drop?" I quicky stated no, not with a drop. While we did use microtubes for newborns , even these were difficult sometimes as CBCs would immediately fail should the blood clot. Microtainers were notorious for having insufficient potassium anticoag lining for their blood. Regardless, most tests run off serum which is an EVEN smaller sample of blood.
    Other than a specific item of a met or lipid panel, there's no way a drop could run 99% of these tests.

    • michael brinks
      michael brinks 3 ай бұрын +2

      @Matt I have a couple relatives who for some odd reason seem to think that ALL rich people got there by good honest hard work & none could ever do any wrong..... They believe this woman & SBF were good honest people who just made to many mistakes & got in over their heads. Despite her getting 11 yrs lol... I find it very odd, almost like some mental glitch. Sure there are many honest wealthy people who there the right way but there's also plenty who got there illegally. I just find it very odd how they think no rich person could ever be guilty of any wrongdoing.

    • Matt
      Matt 3 ай бұрын +7

      I read a memoir about this fraud. My wife, who works as a medical lab technologist and has been in these various roles with blood testing for around 7 years now, was amazed that this ever got any traction to begin with at all. She explained to me that basically the amount of blood they wanted to use wouldn’t be scientifically possible to get any type of accurate result and basically it seems any person with knowledge of this industry has immediately brushed away this idea ever being possible to begin with. Kinda crazy just how long she was able to keep it going. At the same time it’s one of the most awful frauds that has ever occurred to me. Outside of the financial fraud that occurred the harm to health and danger to people that this fraud had is just beyond evil. I can believe that she began with good intentions but the clear lying she carried out for years is just so fascinatingly evil.

    • your local antifa terrorist
      your local antifa terrorist 3 ай бұрын +1

      @Jose peña what do half of those have to do with this?

  • JakkuWolf Insomnia
    JakkuWolf Insomnia 4 ай бұрын +65

    I graduated with a BSc (Hons) in Biochemistry from a top university. I can tell you I would need lots of time, money, consultants and research to understand whether this would even be possible. Let alone to actually leave school to claim you WILL do it. Absolutely unethical what she did and completely dishonest. The cancer patient thing with Pfizer completely blew my mind, that is just pure evil in my books. Idc if you wanna be rich, it’s not worth anybody’s life, especially those desperately trying to fight for it. The scariest part is Pfizer backed her up, very questionable

    • Me llamo jeff
      Me llamo jeff 3 ай бұрын +2

      You only needed to look at the hardware
      Not even computers that small could run stably or go into peak performance because it's just too small especially for hardware made in the 2000s when most hardware that small could barely run a game let alone run an os without burning up

    • JakkuWolf Insomnia
      JakkuWolf Insomnia 3 ай бұрын +1

      @Skank or You Can Call Me Maurice You’re right, It’s absolutely immoral and unjustifiable. A single loss of life is an irreparable and irreplaceable loss to the world, no amount of money can replace that. She truly does deserve the conviction, It’s kinder than what she did to those people

    • JakkuWolf Insomnia
      JakkuWolf Insomnia 3 ай бұрын +5

      @Skank or You Can Call Me Maurice I remember my friend who I studied with showed me her before she was exposed saying “she’s amazing, she’s the youngest billionaire ever. She must be a genius” I remember seeing it thinking how much it blew my mind what she said she could accomplish. I kept thinking over and over how Someone so young could accomplish so much research and resources. I thought she must’ve come from a rich family or she was a child prodigy. Alas, when I heard the news she was a fake I thought “wow, that’s scary” how someone could lie their way to the top with ease and how big serious money could invest in something with very little factual evidence and without doing some thorough Research First. Now I know exactly what she did and I thought she was just a liar, I see now she’s more like a monster. The things she did, absolutely no consideration for others whatsoever. She was willing to let people who trusted her and had faith in her die all for her own personal gain. She deserves this imprisonment, it’s actually less cruel than what she did to those cancer patients and the many other companies that would’ve received venture Capitalist Support had she not lied to them.

    • Skank or You Can Call Me Maurice
      Skank or You Can Call Me Maurice 3 ай бұрын +1

      Yes, that was absolutely terrible.

  • Sable Branwen
    Sable Branwen  Жыл бұрын +4672

    This reminds me of the time my first friend and I wanted to make a machine that would transport us to TV and movie worlds. A problem arose when we realized that neither of us knew how to build such a device, which was only compounded by the fact that said machine was going to be made out of logs.

    • sm1tty031
      sm1tty031 Ай бұрын +1

      I actually built this machine and used it continuously with my brother and several friends. We travelled far and wide until unfortunately for us, it started to rain. You see the Whirlpool refrigerator box melted due to its meeting a element so strong it disintegrated it after being in contact with it for mere seconds. That element? H20

    • Naak Osei
      Naak Osei 2 ай бұрын


    • Me llamo jeff
      Me llamo jeff 3 ай бұрын

      @Craig Young yeah that sounds horrible

    • Roxanne Conner
      Roxanne Conner 3 ай бұрын

      this is more or less exactly what happened :'D

    • BuckMe Iam
      BuckMe Iam 3 ай бұрын +1

      Holy cow.. I'm in!!!!

  • M J
    M J  Жыл бұрын +476

    In the world currently, we get excited by "tech", coding, apps, dashboards etc. So I can see how people with zero medical or chemical knowledge would buy into this. As soon as I heard what Theranos did, I was very confused why they are in Silicon Valley. The problem that they tried solving was not an information, or speed or size of calculation problem.

    • Henry Mclaughlin
      Henry Mclaughlin 2 ай бұрын

      Not to be "That guy" but it was likely cultural.
      It's silicon valley. They want their unicorns.
      Easy investment money from people who wouldn't _dare_ to question you.

    • Skank or You Can Call Me Maurice
      Skank or You Can Call Me Maurice 3 ай бұрын

      The only reason this scam company was in Silicon Valley was because her dad bought her way into Stanford U and she had a Steve Jobs fetish that was disturbing (as detailed in the book Bad Blood).

    • Paul Langton-Rogers
      Paul Langton-Rogers 7 ай бұрын +4

      Really her idea is a technology concept and a fairly simple one, although requiring very fairly sophisticated tech behind it.. capturing a small amount of blood doing analysis on it and transmitting the data to a proper testing machine was the 'easy' part.. the hard part and where the company hit a brick wall was in trying to re-develop the entire testing machine into a more compact size.. I think had she just accepted that couldn't be done and focused entirely on the testing capturing and transmitting/receiving tech, this concept may have worked well.. it only needed to interface with existing testing machines in labs, not replace the machines.

    • Azan Shaikh
      Azan Shaikh 9 ай бұрын +2

      @J. Baldwin was a genius... Adam was a talented salesman, apparently. Even though Adam failed several businesses.

  • Paula B
    Paula B 10 ай бұрын +112

    THANK YOU for outlining upfront how the whole concept was a physical impossibility. As someone with a background in medicine and biochemistry, it is infuriating seeing all the interviews on most docs by investors who claimed they had no way of knowing it was a farce. The pre med undergrads in the lab where I worked knew it was nonsense, but VCs making millions somehow couldn't figure it out?

    • Kimberly G
      Kimberly G 4 ай бұрын +5

      They didn’t want to figure it out. Maybe she was involved with some of the investors intimately like Sunny.

  • Simeson
    Simeson 3 ай бұрын +75

    This was the equivalent of saying you will solve nuclear fusion within the next years. As a medical doctor in lab medicine I am really astonished by the naivity of the investors.

    • А. С.
      А. С. 29 күн бұрын

      Obviously some of the "naive" got greedy and have no common sense. Let alone the knowledge needed.

  • Ray of Light 62
    Ray of Light 62 9 ай бұрын +173

    There were a large amount of skilled professionals who knew such grade of testing simply wasn't possible, but they weren't the people who counted in big financial decisions. Sadly, this is true in many other situations.
    E.H. and her associates knew that their trick had no future, but they had an unshakeable faith into their capabilities of keeping their investors bamboozled for ever: this is not realistic, and the main indicator that they were delusional at best, and full blown psychopaths at most. The many professionals which had seen the reality of the facts were simply not taken into consideration - how sad.
    There are sectors were Science has made enormous progress, like placing four billions transistors in a chip; on the other hand, Science took 30 years to simply double the capacity of lithium batteries. Unless you know physics, you can't understand what sector can improve rapidly, and what sector cannot.
    The scammers rely on this type of ignorance to defraud people...

    • Henry Mclaughlin
      Henry Mclaughlin 2 ай бұрын

      @gerry o sullivan How do you think she was caught out? She couldn't dodge them forever, after all.

    • gerry o sullivan
      gerry o sullivan 2 ай бұрын

      Isnt there some regulatory board in the US that should actually test these products themselves and look into the people making these claims? Maybe they were bribed or influenced i suppose

    • Brett Wilkins
      Brett Wilkins 2 ай бұрын

      I'm not sure a physicist would be able to tell you much about blood testing. I wouldn't hire albert Einstein to do my taxes or be my lawyer. At the highest levels of education and training knowledge is extremely specialized.

    • Russell M
      Russell M 3 ай бұрын

      Science makes enormous progress where there is demand thus money.

    • schwarz
      schwarz 6 ай бұрын +6

      @Moise Mensah because the ones running the institution or school have a different field of knowledge than the medical professionals they employ.

  • Ellie Lane
    Ellie Lane 4 ай бұрын +16

    Honestly it’s so sad because if her goal had been something feasible, like testing one single virus or bacteria with a single finger prick in a way that was attainable for everyone her company could have grown and helped people instead of hurting them

    • Philipp Brogli
      Philipp Brogli 2 ай бұрын +1

      I doubt that could have turned into a wholesome story. Her tool was manipulation and that tool is not really useable for good. Also she would have needed to be humble in knowing that she needs outside expertise, which manipulators don't do. And if she went for something smaller but achievable then she would not have been the second Steve Jobs.

  • Na No
    Na No 2 жыл бұрын +5429

    I feel sorry for the scientists who really wanted to make this project succeed in a truthful manner

    • Na No
      Na No 7 ай бұрын

      @Barry F Our company is also somewhat going down but there is always hope that things might change. Also, there are always new employees who have hope and they are totally mislead by the seniors who know what's wrong. So the company basically lives off these new people who go in with false expectations.

    • Barry F
      Barry F 7 ай бұрын

      I work in technology for a major company. I know of few people in our organization that would play along with such deception and lack of expertise at the top. We'd all take a walk.

    • Vaxxed Nezuko
      Vaxxed Nezuko 8 ай бұрын

      I feel like they knew it wouldn't work, just didn't wanna get canned and/or assaulted.

  • Vaaance
    Vaaance  Жыл бұрын +32

    Here's why she could succeed with little support and confirmation from medical professionals: Her machine was supposed to replace doctor's visits and lab testings, so it looked like the medical professionals who didn't believe her were just scared of being replaced by a machine and losing their jobs and importance. Had a machine like that actually worked, that would totally be the case. And once she discredited the only community that had the knowledge to prove that she's a phoney, she could fool the world.

  • FlameUser64
    FlameUser64  Жыл бұрын +187

    Are you kidding me?! _Theranos_ is the reason Safeway went under?! I'm so freaking mad. Safeway was a good store. Good product selection and the best prices anywhere. And an excellent bakery section.

    • FlameUser64
      FlameUser64 2 ай бұрын +1

      @Justin Barion As mentioned, Safeway was bought out by the same company that owns Thrifty Foods, so while in _name_ they still operate, in _practice_ they do not. The Safeway stores that still exist are effectively just Thrifty's with a different name, due to new management.

    • Justin Barion
      Justin Barion 2 ай бұрын

      I'm pretty sure Safeway still exists in Canada and the UK

    • JoeOvercoat
      JoeOvercoat 2 ай бұрын +1

      @FlameUser64 I wondered why they stopped making their best selling item in the bakery, energy bars.

    • Shaun Diltz
      Shaun Diltz 4 ай бұрын +5

      They had gullible execs

    • KDN
      KDN 7 ай бұрын +13

      Ah so that's why it's so shit now

  • Martin Amaya
    Martin Amaya 3 ай бұрын +93

    I recently saw the series on starplus called the Dropout, and I’m surprised by its accuracy. Ik it’s a drama and some things are changed, but highly recommend it

    • arcanine 917
      arcanine 917 2 ай бұрын

      @Martin Amaya ohh got it. Never heard of that streaming service but makes sense if it’s outside the US

    • Martin Amaya
      Martin Amaya 2 ай бұрын

      @arcanine 917 if it has the same name, the dropout, it’s the same. In my country it streams in Star plus

    • arcanine 917
      arcanine 917 2 ай бұрын

      You mean hulu? Or is it a difference mini series?

    • Gábor Szabó
      Gábor Szabó 3 ай бұрын +2

      Yeah the real story and the series almost identical. So scary!

  • Da Ve
    Da Ve 8 ай бұрын +75

    This was riveting. Well done Cold Fusion. 100% she still believes she was right, a complete sociopath.

  • Clayton Reardon
    Clayton Reardon 3 ай бұрын +473

    It's so insane anyone could take her seriously with that fake low voice 😂😂😂😂😂 I'm literally cracking up just listening to it

    • EQ
      EQ Ай бұрын

      Plus she genuinely looks insane. Her eyes are scary.

    • Flora
      Flora Ай бұрын +3

      I was there when Theranos was still in its infancy and everyone was claiming it would be the next revolutionary thing in science (one of my biggest flexes LOL) and I also remember watching Elizabeth's Ted Talk and thinking to myself... Does this lady have something in her throat? And then when speculations started flying around that she was faking her voice, my first thought was, did anyone actually believe her to begin with?

    • Lee Williams
      Lee Williams 2 ай бұрын

      @Harri Gersack And we are off to the races! LOL

    • Harri Gersack
      Harri Gersack 2 ай бұрын +3

      @Lee Williams were His buddies fellow war criminals?

    • gerry o sullivan
      gerry o sullivan 2 ай бұрын

      @Clint Oruss omg 21.10 ,looks like shes on drugs 🤣

  • JoeJoeRunya
    JoeJoeRunya 2 жыл бұрын +4603

    Imagine a founder of a medical company in her early 20’s with no medical training

    • Paul Langton-Rogers
      Paul Langton-Rogers 7 ай бұрын

      Yeah it's absurd really. OK she may have a revolutionary medical concept, but you absolutely need properly skilled scientists and medical professionals to develop and bring a product like that to market, it's a medical and scientific process which has to be followed strictly, not just a commercial underlying like developing the iphone which is how she seemed to view it. Peoples lives depended on this tech working properly, and medical peoples careers. Going through the process and having critical feedback from your engineers and scentists is vital to realise what's possible and not possible, and how you might approach a problem differently. She seems to have cut herself off from reality and refused to accept any critical feedback from people who knew what they were doing. There's being driven to solve a technological challenge like Steve Job's was, and there's being totally detached from reality trying do the impossible with an impossible time frame.

    • Moise Mensah
      Moise Mensah 8 ай бұрын +1

      That reminds me of Resident Evil: Code Veronica.

    • xDakem
      xDakem 9 ай бұрын

      Could be done, if you know whar are doing and hire the right people.
      "Can we do this?" "No." "Ok."
      instead of:
      "Can we do this?" "No." "You fired." // "Can we do this?" "Yes (Lie)" "You promoted!"

  • C
    C 11 ай бұрын +91

    I remember being a kid and hearing about this on the news (we live nearby), and thinking “oh cool.” Then, many years later, still going to the hospital regularly and getting my blood drawn like usual, I was curious about what ended up happening. I was really surprised by everything, lol.

  • Infinity Tea Lizard
    Infinity Tea Lizard 11 ай бұрын +11

    My favourite part about stories like this is how many people warn everyone they can but they get brushed off.
    It happens so often that I no longer doubt the bad decisions people make in movies.
    They're realistic now, this is reality.

  • Raven Frostwing
    Raven Frostwing 4 ай бұрын +7

    I watched this today and the funny thing is the verdict came within the same day and she is serving 11 years in jail. That's a good end tbh. One of the best I've seen, we can't let a person like this walk on the earth for that long and not eat her cake.

  • B izichyld
    B izichyld 11 ай бұрын +40

    I’ve worked for Walgreens 15 years and I used to perform some of these tests that were replaced by Theranos. If not aware of any lawsuits against Walgreens, but they should have been sued as well for their recklessness with patients’ lives.

  • Just Visiting
    Just Visiting 3 ай бұрын +1

    Thank you for this vid. I didn't follow that story (lack of interest). But I've been wondering recently how and when this "thing" got so wrong. I was particularly curious as to why and how so many prominent people and large companies got involved in this if the machines, we're told now, made no sense. In the end, the fact that she insisted on testing real cancer patients with a system she knew did not work is itself worth the 11 years she got.

  • J T
    J T 2 жыл бұрын +934

    Regarding her not caring about her senior employee's suicide: she also had no qualms about doing unreliable tests for cancer patients, lying to people giving her hundreds of millions, etc. Meanwhile, her dad (and probably childhood role model) was one of the execs at Enron, who were famously on tape joking about how they were screwing the elderly over, like cliched movie villains, so it's not exactly a shocker she didn't care a guy killed himself because of her lies.

    • J T
      J T Ай бұрын

      @John Smith Fair enough, but that's beside the point anyway. My point is she literally started a fake company that marketed extremely unreliable blood tests as revolutionary and accurate, which ended up reassuring people they didn't have cancer or other time-sensitive ailments, genetic conditions, etc., when in fact, some of them definitely did, because all of their blood tests were in fact complete garbage and physically impossible. So, if one of her colleagues actually did kill themselves, or simply overdosed, it wouldn't be too shocking she'd feel totally indifferent about it, considering.

    • John Smith
      John Smith Ай бұрын

      There is no evidence, no note, that indicates this man committed suicide. Just that he overdosed

    • N N
      N N  Жыл бұрын

      Yikes. Bunch of lunatics, these people are

    • moonsjourn
      moonsjourn 2 жыл бұрын +4

      Wait, her dad was an Enron execs? that explain a lot.

  • Matt
    Matt 8 ай бұрын +53

    It is pretty scary how long Theranos and Holmes were able to operate this scheme with such ridiculous valuations and absolutely nothing to back it up on.

    • Captain McDog
      Captain McDog 3 ай бұрын

      I'm not surprised. She's a great manipulator of people, possibly one of the best ever. It helped her greatly that she could play on the pathological wish to see women making great achievements in male-dominated areas. She presented these ideologues everything they dreamt of: a female Steve Jobs.

    • Matthew Lillistone
      Matthew Lillistone 4 ай бұрын +1

      F#ke news

    • Em H
      Em H 7 ай бұрын +1

      I’m not surprised.

  • Pete
    Pete 10 ай бұрын +26

    When I first heard about this story I could not understand how it was possible for something like this to happen. But when you learn about all the parts of it, you see it was about 100 different things that came together perfectly for her to be able trick so many people for so long. It would be very hard for anyone to pull this off again in the way she did. It would be one thing for someone with a big background in business, and prior history of success to pull off a massive fraud like this, but for a college dropout with no money, to become the world's youngest female self-made billionaire (on paper), with nothing but an imaginary product, would be near impossible. It wasn't just that she was a great liar, the stars also aligned perfectly for her to be able to pull this off.

  • Gerardo Piedras
    Gerardo Piedras 3 ай бұрын +37

    "Filled with determination, she dropped out of Stanford at age 19 and started her own company". Yes, "filled with determination" but not "filled" with any knowledge on chemistry, engineering or basic biology 😂😂😂

  • Msptomb
    Msptomb 6 ай бұрын +33

    As someone who's done at least two blood tests in my life time (vein or artery) I can't understand why she had to start so big. Hell, if she could find a way to just halfen or even use 75% the amount of blood they need it would have been revolutionary.

    • Mar Hawkman
      Mar Hawkman 3 ай бұрын +1

      @Matt I think that might be part of why she chose this route. she knew a minor upgrade would sell, but not on the same scale as something that was too good to be true.

    • Sarah
      Sarah 3 ай бұрын +1

      @Tamlynn idk if it ended up going anywhere, but my uncle used to be on a team engineering what was basically a mini InfraRed camera with a screen that would be used for stuff like finding veins! Much simpler solution

    • Matt
      Matt 3 ай бұрын +2

      I think her ego was just to an extreme level. A slight improvement Would have been big but it wouldn’t have been world genius extreme to the level she wanted to be. But at the same time even 75% of the blood, which would’ve been a huge scientific advancement, wouldn’t have been the patient advancement of this idea. Even if you took a quarter less blood it would still require the blood draw process as normal. The real sale of this idea was not having to do thag and having the ease of a finger prick. For some people who have difficulty getting their blood drawn that would’ve been an amazing advancement. It just wasn’t possible with current technology and she couldn’t get the money to try and get there in a time frame to actually possibly develop something like it. If this were ever possible it would require many years to advance things to that level which would be many years of sinking tons of money into development without a return on investment anywhere in sight. She needed the illusion of the progress to get the deals from pharmacies to bring in revenue so that she could entice investors.

    • Tamlynn
      Tamlynn 3 ай бұрын

      @Maj U Another benefit to pricking the finger vs taking vials of blood are for people like me whose veins are difficult to find. Seriously everytime I’ve needed blood drawn the phlebotomist usually pokes me a few times before finding a good vein. I hate it lol

    • Maj U
      Maj U 3 ай бұрын +2

      Still doesn’t really make sense the body can give so much blood so doesn’t actually matter if you take 1 test tube or 10. Only innovation would be the time between test and results, but this is an issue because there are not many people that can accurately interpret the data

  • Scarecrow
    Scarecrow 3 ай бұрын +84

    "On November 18, 2022, she was sentenced to serve 11+1⁄4 years (135 months) in prison." WHEW. Serves ya right!

    • Agnes Major
      Agnes Major Ай бұрын

      I don’t think that the verdict was just. I don’t care about the billionare investors who lost their money. I care about the fact that she knowingly endangered human lives, the fact that nobody died, was sheer luck and the fact that it didn’t go on for very long. Fraud is one thing but this could very easily have killed people. She knew that her so called technology wasn’t working and she did it anyway. Again, not to the investors but people. Sociopath!

    • bb bnuy
      bb bnuy Ай бұрын +2

      theres people that got convicted of possessing with an ounce of weed that get longer sentences.. watch her get out in like 5 yrs too.

    • C. Moriarty
      C. Moriarty 2 ай бұрын +2

      @NYC State of Mind The judge who sentenced her recommended "she be incarcerated at Federal Prison Camp, Bryan, in Texas, a minimum security facility with limited or no perimeter fencing. 'No one wants to get kicked out because compared to other places in the prison system, this place is heaven. If you have to go it's a good place to go,' said a criminal defense lawyer."

    • NYC State of Mind
      NYC State of Mind 2 ай бұрын +7

      She would’ve been if she was black or Muslim and poor
      That’s the American justice

    • tent
      tent 2 ай бұрын +18

      I think she should have been behind bars longer than that for what she had done

  • Adrian Channelle
    Adrian Channelle 2 жыл бұрын +5741

    Her dad was...an ENRON executive. 😂
    He taught his daughter well.

    • John Smith
      John Smith Ай бұрын

      Her father was never implicated in any wrongdoing

    • toni sodano
      toni sodano 3 ай бұрын +1

      Grandma Hillary REALLY???
      Seriously my friend it sounds over fantastical . Please find yourself along with your elk another spooky boogeyman..,…… woooooohooooowoooooo

    • toni sodano
      toni sodano 3 ай бұрын

      Is that true ???

    • Skank or You Can Call Me Maurice
      Skank or You Can Call Me Maurice 3 ай бұрын +2

      The whole Enron scandal erupted in 2001. I'm sure he did his 2 years in jail and did just fine with the money he was able to pocket from that company. Liz Holmes grew up in a mansion and went to the finest private schools in Houston, dear ole dad did just fine lying, cheating, and stealing.

  • MMaya
    MMaya 10 ай бұрын +14

    this is such a huge insane story I only found out now that the Netflix show is out, I'm ashamed to admit. How she managed to get away with it even for as long as she did is remarkable. and how the hell did she think she will get out of it???? how didn't the medical, scientific community call her out sooner??? She's definitely a bit crazy and you can see it in her eyes but you got to give her some credit to be able to pull smth this huge off starting at 19. probably because she is definitely a full blown sociopath.

  • protoman1214
    protoman1214 10 ай бұрын +13

    The scary things is that plenty of people just like her are running major companies and even countries/states.

  • jmbrinck
    jmbrinck 3 ай бұрын +76

    What is wrong with a society that takes so long to uncover crimes and bring criminals to justice? I hope Theranos finds a conscience in prison. And serves every day of her sentence.

    • Endezeichen Grimm
      Endezeichen Grimm 2 ай бұрын

      This is the world we live in.

    • Droopmaster Flex
      Droopmaster Flex 2 ай бұрын +1

      I doubt a eternity will convince a narcissist that they were at fault, their brains are wired differently.

    • BinkyStalls
      BinkyStalls 2 ай бұрын +1


    • betp
      betp 3 ай бұрын +3

      follow the money 🤷‍♀️ it wouldn't have benefitted the juggernauts backing her to question the efficacy of the company

  • Sarah Berkner
    Sarah Berkner 8 ай бұрын +33

    Her origin story makes me wonder if she legitimately started out wanting to help people and for how long she thought she was helping people. I think it's possible she was deluded into thinking the product would actually work and change the world even if deep down she knew it wouldn't, and that's how she justified her actions. Just a theory.

    • Philipp Brogli
      Philipp Brogli 2 ай бұрын

      @JAMES RECKNOR My guess this is just a very rare thing. After all she was a very good manipulator who could convince almost everybody she had contact with. Also it is quite easy to get a crazy look on basically any person if we just take a picture at the wrong time. So it's quite easy to demonize your opponents that way. And those people who never have that crazy look either are abnormally good people or they are actors all their life.

    • Popo Jelly
      Popo Jelly 3 ай бұрын +10

      "At a young age, Elizabeth knew what she wanted to be in life... to be a billionaire." How anyone would think she was actually genuine boggles me.

      JAMES RECKNOR 4 ай бұрын

      Those crazy eyes were a red flag

  • Jetrocks
    Jetrocks 3 ай бұрын

    I once had to get a blood test to determine what allergies I had, as a routine blood test to determine if I had an allergy to soya showed that I had lived my whole life with a pretty severe allergy to it with no knowledge. They took three vials of blood to do strictly allergy testing, nothing else.
    Now I’m not a chemist, I actually failed high school chemistry in my final year, but as soon as it was said that Theranos could do all this with just a drop I knew it was impossible. Maybe if the machine was trimmed down to focus on a single disease (like diabetes) or function and had a team of actual scientists, biologists and chemists, it would have worked.

  • HeliRy
    HeliRy 3 жыл бұрын +29458

    Mark Zuckerberg’s dead eyes, Steve Jobs’ black turtle necks, voice of Megatron.
    Seems legit.

    • Jonah Falcon
      Jonah Falcon 3 ай бұрын

      @McBain Um, no.

    • SHADOWbandolier
      SHADOWbandolier 3 ай бұрын

      @Apimpnamedslickback 3 yr old comment still cringe as the day you wrote it

    • Nickolas Peterson
      Nickolas Peterson 3 ай бұрын +2

      Her $50k watch is concerning. Psychopathic traits

    • Ocean Europa
      Ocean Europa 4 ай бұрын +1

      And spirit of SBF.

    • Illford
      Illford 7 ай бұрын +2

      @Apimpnamedslickback dead eyes becaus ethey look like they don't blink they look souless

  • Shauday Smith
    Shauday Smith 8 ай бұрын +20

    Theranos is a wild scenario i have been obsessed with since 2019. I've been following the criminal trial. She apparently has gotten married during, and had a child. She was found guilty. She has been a real piece of work.

  • Gia D
    Gia D 11 ай бұрын +6

    I never really agreed that Elizabeth was a sociopath, I had the mindset that she was just trying to prove to herself that she could do this, even though she hurt people to get there. But the fact that she pretty much brushed off Ian’s death- is disgusting. He killed himself essentially due to the stress from HER COMPANY, and she didn’t even call his wife back??? Sociopath.

  • hmling
    hmling 3 ай бұрын +16

    🥲the fact that she had been fooling the world for nearly 20years is impressive

    • Ruby__
      Ruby__ 2 ай бұрын

      it's impressive alright by how much these investors can be fooled so easily and would willingly give money just for the fear of missing out

    • Aoki
      Aoki 2 ай бұрын

      political party in the us have been doing it for century

  • Mimi
    Mimi 8 ай бұрын +17

    I remember the first time I saw Elizabeth in an interview on TV and my bs alarms started going off. I couldn’t place what it was but I knew something was off about her. Glad to see that others got the same feeling and exposed this fraud for her slimy real self.

  • Paris Green
    Paris Green Ай бұрын +1

    "Bad Blood," the book by WSJ reporter John Carreyrou, is really good if you want to dig even deeper. Holmes didn't hesitate to go after Tyler Schultz through his own family - there's an incident where he goes to visit his grandfather (George Schultz) to try again to warn him, and he gets ambushed by Theranos lawyers who were already WAITING IN THE HOUSE.

  • Simonio8
    Simonio8 2 жыл бұрын +4245

    Well, I'm kinda impressed by her level of manipulation. She talked her way out of being fired when it was already decided beforehand.

    • Kimberly G
      Kimberly G 4 ай бұрын

      @Anna Lake amazing that people at the highest levels allowed her to even be associated with them. Wow. We all should be deeply concerned with the levels of security within the government if these kinds of people get in. The governments are in turmoil right now and should be asking how this could have happened and don’t sweep that part under the wrong.

    • Moise Mensah
      Moise Mensah 9 ай бұрын

      @Thorsten Reitz that reminds me of Adam Neumann, Roger Ailes and as we speak, Vince McMahon.

    • Christopher Lehnert
      Christopher Lehnert 9 ай бұрын

      Yyyyyyup. If you believe something strong enough, it becomes true. ("Peter Pan" the children in the audience have to say out loud "I BELIEVE" so that Tinker Bell will live. . . . )

  • sir Norton
    sir Norton 7 ай бұрын +14

    This documentary is so much more entertaining than anything I've seen on Netflix recently. She seems like a credible compelling villain...for real life.

  • Wendy
    Wendy 7 ай бұрын +41

    Pretty scary how that former secretary of state didn't listen to his own grandson with this type of information and did nothing. I wonder what else he did while as the secretary of state. Probably chose to look the other way all the time

    • Skank or You Can Call Me Maurice
      Skank or You Can Call Me Maurice 3 ай бұрын +7

      Yep, it caused a real rift in his family and he wound up eating some serious crow over it. It really calls a lot of things about him into question. I'm thinking that a lot of his government dealings were sketchy considering how he handled this. He had a sterling legacy and blew it over this, that is not smart.

  • M
    M 3 ай бұрын +1

    She gambled with people’s life for her egoistic reasons of becoming “somebody”.Her sentience is well deserved.

  • Thermal cam lab
    Thermal cam lab  Жыл бұрын +44

    This reminds me of the time my first friend and I wanted to make a
    machine that would transport us to TV and movie worlds. A problem arose
    when we realized that neither of us knew how to build such a device,
    which was only compounded by the fact that said machine was going to be
    made out of logs

    • Thermal cam lab
      Thermal cam lab 7 ай бұрын

      @Sabia Naum It most likely is but that all there is to it.

    • Sabia Naum
      Sabia Naum 7 ай бұрын

      @Thermal cam lab but the comment did seem very bot like

    • Sabia Naum
      Sabia Naum 7 ай бұрын

      @Thermal cam lab that is the worse excuse i have ever heard

    • Thermal cam lab
      Thermal cam lab 7 ай бұрын +1

      I don't remember writing the comment above this one. I don't say it isn't possible I wrote it but I think someone has logged into my account and wrote the comment.

    • Chadwick Gainsberg
      Chadwick Gainsberg 7 ай бұрын

      Well i mean VR is the prototype for what you were trying to invent

  • Patrick Matten
    Patrick Matten 2 ай бұрын

    I've watched several of your presentations now and I'm very impressed with your delivery.
    I've researched your findings and conclusion independently and found them to be correct and accurate.
    As a result, I've subscribed to your channel and will continue to learn from your presentations.
    I apologise if I sound overbearing and overly formal but I believe that with the vast number of inaccuracies prevalent on the internet, research into the content of a channel is a vital part of staying accurately informed.
    Thank you for the time and effort you clearly spend on researching your subject matter.

  • Laser_simon
    Laser_simon  Жыл бұрын +3370

    I find it so strange, that in my studies we have to come up with so many fake projects and products, and the lecturer would question every single small detail and can immediately tell if something wouldn't work out or is done wrong. But somehow companies like Theranos or Nikola can make Billions without a real product and no-one notices it or just ignore any signs of fraud completely...

    • jay0oni
      jay0oni 2 ай бұрын

      @b the comment from Cindy Louwho which you replied to

    • b
      b 2 ай бұрын

      @jay0oni huh?

    • jay0oni
      jay0oni 2 ай бұрын

      @b you replied to someone before that it was racist

    • b
      b 2 ай бұрын

      @jay0oni what are you even talking about? You didn't make any points, all you said was I can't deny it lmfao, there's nothing I can say to respond

    • jay0oni
      jay0oni 2 ай бұрын

      @b and you can't even respond to my previous statement directly and instead typed a long paragraph rambling about nothing. proved my point

  • Christian Franico Villapaz
    Christian Franico Villapaz 11 ай бұрын +9

    Is it really possible that even the board wouldn’t know about any of this? Just wondering because Elizabeth could possibly just be the scapegoat. It’s extremely hard to keep these secrets from a “powerful” board for a “decade.”

    • Ken Berthiaume
      Ken Berthiaume 3 ай бұрын +2

      Scapegoat? If they know how would she not know? She's on the ground.

  • MrShobar
    MrShobar 3 ай бұрын +13

    So, she went to Stanford for about two weeks? This whole affair took place in about a 2 sq. mile area around the Stanford campus.

  • Don Wan
    Don Wan 8 ай бұрын +8

    Tyler had a backbone and integrity a dangerous combination in this world. Well done to him for speaking out.

  • Comacoz
    Comacoz 4 ай бұрын

    The fact that she got so much investment for tech that nobody bothered to verify actually worked is amazing. Not sure how u hide broken tech for so long

  • Kennedy
    Kennedy 4 жыл бұрын +11713

    Yeah the first red flag is that she dropped out of school to create medical tech with basically no medical knowledge

    • CrewRanger Gaming
      CrewRanger Gaming 29 күн бұрын

      and dressed like Steve Jobs.

    • MR
      MR Ай бұрын

      @Upful Soul problem was that truly smart researchers and professors didn’t want to work for her and told her multiple times that her idea as good as it was on a paper is not implementable. She didn’t listen to top of the field scientists and went ahead with defrauding millionaires with zero knowledge in the field of chemistry, molecular biology, physics or medicine.
      The outcome was predictable…

    • Zack the slayer
      Zack the slayer 2 ай бұрын

      @Y attractive????

  • Kazuma “Kevin” Hiryu
    Kazuma “Kevin” Hiryu  Жыл бұрын +19

    Her experience is so shocking that someone would make a movie about it.

  • Louisa Chalarca
    Louisa Chalarca 11 ай бұрын +8

    She so helped show the lack of journalism and critical thinking involved in those who supported and uplifted her.

  • Dave
    Dave 3 ай бұрын +6

    Watched a couple of your videos so far, interesting topics and presented very well ;)

  • Neo Autodroid
    Neo Autodroid  Жыл бұрын +15

    the scariest thing is there are a lot of people like Elizabeth out there, only some of them get caught

  • Tony Ryan
    Tony Ryan 4 ай бұрын +1

    People and companies are so addicted to making money they do not care who or how many others they destroy. It's amazing to hear or read the backstories of every rich person and who they screwed to get the money, from family to friends they just don't care.

  • AJ
    AJ  Жыл бұрын +3921

    The fact that this got into Walgreens is terrifying. I imagine most medical and/or researchers knew that the idea of this was impossible. On top of that, they weren't approved by the FDA! This means the due diligence was slim to none. That's amazing to me, as well as inexcusable.
    I also give credit to the owner of WSJ. When the story was about to break, she went straight to the top to kill the story, only to be told that he trusted his journalists and editors, and he would not interfere. Kudos.

    • isabel lind
      isabel lind 4 ай бұрын

      @Ralph Alvarez Lol, same w/the judge at her sentencing who probably fed her over-bloated ego when he stated how sad it is because she's brilliant! (After she apologized from every cell of her body)!

    • Ralph Alvarez
      Ralph Alvarez 4 ай бұрын +1

      @isabel lind the grandson was interviewed later and the old man still held a grudge. That goes to show just how bloated his ego was. The grandson was better off without the approval of the old windbag.

    • Meow
      Meow 4 ай бұрын

      It is mostly possible, by now there are even companies getting really close to what she promised. She just didn't have the patience to actually wait for her researchers to catch up. The tragic and scary thing is that had she given R&D some more years instead of going on a total power trip, it could've all worked out...

  • Helen Stockman
    Helen Stockman 10 ай бұрын +8

    One of my favorite parts of this story is that Rupert Murdock did not kill the story. The other favorite parts are Tyler Schultz and Erica Chung’s parts I. Taking down Theranos. John Carreyrou is a Rock Star

  • Pieter
    Pieter 10 ай бұрын +7

    14:18 The fact that they could come to a conclusion that stacking 6 minilabs skews results more is remarkable, and a bit sus. Capable of measuring levels of how bad you are measuring in a non-test production environment (you just want to get the work done) is remarkable.

  • Pieter Otten
    Pieter Otten 3 ай бұрын +1

    It reminds me so much of one of my previous employers: a tobacco spin-off in Winston-Salem. Hide failure by spreading fear or cheat, subdue critical voices or fire them. Fortunately no one got hurt.

  • Aki
    Aki 6 ай бұрын +14

    16:45 I loved when Elizabeth told Jareed Leto back then "It's Theranin' time" and then they both Theraned all over the Silicon Valley, it was truly a moment of human history time!

  • Elysium
    Elysium 4 ай бұрын +9

    Who's here after Elizabeth Holmes was just sentenced to 11+ years in prison?

  • Chieng Raymond
    Chieng Raymond 4 жыл бұрын +4996

    When Elizabeth come out of prison, she would write a memoir detailing her scamming experiences. Her book will become the best selling book of the year. Then she become a motivational speaker for the crowd and she can make millions again, just like Jordan Belfort in Wolf of the Wall Street. History always repeats.

    • Rick Medina
      Rick Medina Ай бұрын

      the question still remains, but with which voice?

    • smithb01
      smithb01 3 ай бұрын +2

      But then the victims of her scam will sue her for whatever she makes. That is, if the government doesn't claim restitution from her first. If she's smart, she'll just fade away into obscurity after serving her time.

    • L
      L 4 ай бұрын +1

      She's got to go to jail first.

    • Ocean Europa
      Ocean Europa 4 ай бұрын +1

      I guess that fits the old "fool me twice" scenario.

    • Moise Mensah
      Moise Mensah 5 ай бұрын

      @Pilosopong Tacio yooooo 😂😂😂😂😂

  • A.M.
    A.M. 6 ай бұрын +8

    She got that right: "it's about getting people to believe in you" .. and nothing more.. she had a professor who didn't buy into this and stated as much but her concern and expertise was diminished

  • Big Bite Hood
    Big Bite Hood 11 ай бұрын +10

    If this story doesn't prove that your connections are more important than anything, I don't know what will. I'm so glad making connections is so easy and natural for literally every person on the planet especially people who have real ideas and real plans for the future.

    • Me llamo jeff
      Me llamo jeff 3 ай бұрын +3

      Nope, if people are struggling to find a job without connections
      Trust me, it's a lot fucking harder and downright impossible to get the right connections that is anywhere near silicon valley unless you lucked out or were born rich

  • je lowry
    je lowry 3 ай бұрын +1

    Anybody that passed 5th grade science could easily have known the product could never do even 10% of what she claimed. The people who got ripped off deserve the loses because all they had to do was ask anybody the facts and they would have known. They lost the money because they were arrogant and thought they knew better.

  • Relentless Ohio
    Relentless Ohio  Жыл бұрын +6

    You have to admit all the way around this is just one of the most bizarre stories to come out of the woodwork in a while.

  • The Janitor
    The Janitor 3 ай бұрын +9

    When I first saw this video, I read the title, and before I even clicked on the link, I said to myself, "So far."
    Less than 4 years later, and I'd like to talk to you about FTX...
    It's time the federal government end speculative investments. Period.

  • DariusQ
    DariusQ  Жыл бұрын +2583

    Elizabeth Holmes scares the shit out of me. Her entire persona (especially her gigantic piercing eyes) gives me the impression she's trying to hypnotize people. I fully expect that even if she's found guilty for her crimes that she will escape jail time.

    • John Smith
      John Smith Ай бұрын

      Well she didn't. She got a "pretty stiff sentence". She is now scared and that proves that without power she is human after all

    • Nostalgia
      Nostalgia 3 ай бұрын

      @Leah Rachelle Yea I don’t care about billionaires who invested in her company. There are more important situations to care about

    • Nostalgia
      Nostalgia 3 ай бұрын

      @Leah Rachelle No because every doctor and every diagnosis has the potential to be false. It’s up to you to get a second opinion. Plus no one died except someone committed suicide. To be honest that guy committed suicide because he knew he was guilty just as much as Elizabeth Holmes except he took the east way out. No one really suffered except the people who invested and honestly I don’t care about them either.

  • Julia B.
    Julia B.  Жыл бұрын +37

    What I find strange is why none of the “professionals” and the Board picked up on this mess. You want to tell me that seasoned members of the science/technology community were so taken in by this woman that they wouldn’t even listen to their own family members bringing up concerns? Seems a bit easy to put the entire blame on Holmes in my opinion.

    • Barry F
      Barry F 7 ай бұрын

      FWIW, Kenneth Lay from Enron was once on the board of Compaq Computer

    • Cutlass25
      Cutlass25 11 ай бұрын +7

      From what I understand, most of the members of the board were businessmen, military/ex military, investors? One of the senior employees, an actual medical scientist, took his own life when his attempts to question the bs methods of the “science” theranos hsed resulted in his demotion or termination. I was in microbiological pharm research during grad school and before Med school, developing a novel drug to combat abx resistance. I know the gig. But even as an ID physician working in ED, all of the associate degree “business professionals” make up our administration, and ultimately call the shots. Despite their complete lack of knowledge regarding science/medicine.
      Completely messed up. Medicine and healthcare shouldn’t be treated like a for-profit business. But it is. Even though I spent well over a decade and hundreds of thousands of dollars investing into my career, my passion, I (along with every other US HCW) am literally at the mercy of business major kids who decide how many pts I’m required to see per shift. In. An. ED.
      Sorry for the novel. Long story short, us medical professionals don’t have as much power as people assume we do, systemically. Additionally, the theranos scandal reminds me so much of the Andrew Wakefield/lancet scandal.

  • sros6
    sros6 8 ай бұрын +13

    Like the other examples she had ( Edison, Ford, Jobs ) I guess she really thought if she could give enough incentives and hold on long enough then one of her team would break through and it would justify all the lies.

    • Raiken Xion
      Raiken Xion 3 ай бұрын

      oh my days lol. Quite sad and pathetic really

  • Nickolas Peterson
    Nickolas Peterson 3 ай бұрын +6

    My uncle was a research scientist for over 35 years- after acquiring a Ph.D. He was extremely bright to begin with... Who would you trust more...?

    • tent
      tent 2 ай бұрын +1

      Zoot Rollo even her voice is fake

    • Tanisha Pandey
      Tanisha Pandey 3 ай бұрын +1

      Zoot Rollo she looks terrifying though

  • coldeld
    coldeld 7 ай бұрын +8

    People are just enamored with technology and let their common sense go out the window. I remember working at one of the big auto companies as a new engineer. I spent considerable time trying to convince management of a new design that would be far superior and met all engineering standards but was outside their conventional approach. No matter how many hand calculations I did the results were never accepted. Finally out of frustration I wrote a computer program that literally did nothing but print out my answer. The results were immediately accepted, no questions asked.

    • Ethan Yeung
      Ethan Yeung 3 ай бұрын

      holy balls I have to use that strategy

  • Willis Knapick
    Willis Knapick 3 ай бұрын +19

    She couldn't be a fraud! She comes from a good family. She's got personality. Her family is well connected. She knows the important people. She's blonde. She went Stanford. Stanford! She never had to work a real job like common folk. She's much to smart for peasant work. How could anyone doubt her veracity, her morals, her acumen! Her good intentions!

    • El Cid Leon
      El Cid Leon 6 күн бұрын

      Well, looking into her early life tells otherwise.

    • HUeducator2011
      HUeducator2011 3 ай бұрын +2

      Lolllll 😂😂😂😂

  • dietdrpepper15
    dietdrpepper15 4 жыл бұрын +493

    Love how the grandfather didn't believe his educated smart grandson. 'Nah sonny, this woman who has never been to medical school, or even a college degree knows so much more than you, I trust her cause her voice is lower than yours.' I respect that guy for still telling the world about it, mostly to stick it to his grandfather.

    • Kadulikan
      Kadulikan 9 ай бұрын +1

      You would be shocked at just how effective sociopaths are at isolating people. They have a talent for making you feel like you can't trust anyone else, including yourself.

    • Jennifer moriarty
      Jennifer moriarty  Жыл бұрын

      @SuperShecky Its not a good idea to overgenelize and put people in groups

    • Nick DipaoloFan
      Nick DipaoloFan 3 жыл бұрын +4

      It is clear that this company was a front for something else and those Govt officials were in on it. That grandfather was brushing off his grandson because he knew what was really going on with this company and it had nothing to do with fake blood work.

    • Michael Clark
      Michael Clark 3 жыл бұрын +8

      @SuperShecky Funny, her biggest supporters were big time Democrats.
      Clinton, Obama,Biden, oprah, zuckie . . .

  • khrwjt
    khrwjt 10 ай бұрын +6

    As an engineer my opinion when I first heard about it was it was a technology perhaps a little advanced for Star Trek Next Generation. I have noticed that all the investors were not technically savvy.

  • Stabby Gray
    Stabby Gray 11 ай бұрын +2

    Thank you for closing with hopeful medical science buried by these money grubbing scandals. It helps remind us that there is hope and not to become to jaded as we grow more cautious of the greedy!

  • Alex .G
    Alex .G 3 ай бұрын

    She reminds me of what happened in a show called The Dropout.
    It’s odd how similar everything is, it’s almost like the show is based on these events.
    If someone knows the odds of how rare this is tell me.

    • Alex .G
      Alex .G 3 ай бұрын

      @Joanna I know... i wass making a shitty joke :(

  • hot mamma21
    hot mamma21  Жыл бұрын +8

    Imagine if she'd just focused on the ten tests it could run, there might have been an outcome worth a dime or a damn

  • WanderlostNW浪迹西北
    WanderlostNW浪迹西北 3 ай бұрын +6

    Now both of them were sentenced in jail for over dozen years. Justice might be late but never absent…

  • Braamsery1992
    Braamsery1992  Жыл бұрын +1181

    The story of Ian Gibbons is one of the saddest you can imagine for multiple reasons:
    a) suicide
    b) fearing unemployment
    c) fearing umemplyment as a 67yr old.
    Why did that happen? He shouldve been retired, not commiting suicide!

    • Ignaz S.
      Ignaz S.  Жыл бұрын

      D) Also kept a job so that he wouldn't lose his health insurance.

    • Illarion Bykov
      Illarion Bykov  Жыл бұрын

      @2msvalkyrie he was married. Enough said.

    • Thepanpiper
      Thepanpiper  Жыл бұрын +1

      I remember watching a documetnary about this clusterfuck a couple of years ago and just getting slowly more and more furious. After the interview with Ian's widow I had to turn it off for while.

    • 2msvalkyrie
      2msvalkyrie  Жыл бұрын

      He was a respected highly paid scientist. and had been for many years ; but he couldn't afford to retire at age 67 !?!?!?..

  • Shivanshu Bansal
    Shivanshu Bansal 10 ай бұрын +9

    If there's ANY developer at Mircosoft that's written only 1000 lines of code in an entire year, there's something seriously wrong with that team.. this is impossible!

  • Helen Stockman
    Helen Stockman 10 ай бұрын +6

    I work in a hospital lab, there are so many different systems to test blood using different technology. Coag has its own process, chemistry has different tech and hematology cell counter have a different technology. There is no way she was going to miniaturize all of these different types of technology and have them operational in a small box. Even if she was (and she wasn’t) able to deliver this small box, she couldn’t run it on 1 drop of finger stick blood. Once the blood is prepared with the chemical used for coag , the blood is no longer usable for chemistry or hematology

    • Tatiana Klimenko
      Tatiana Klimenko 4 ай бұрын

      How much blood was really needed to make it? So there is no way to make one box for all blood diagnosing technologies in the future, is not?

  • Divyang Vaidya
    Divyang Vaidya 2 ай бұрын +8

    The fact that there were no real medical professionals on the board of directors/investors just shows that it was fake. Otherwise you'd have a few experts in hematology on the board at least if the machine functioned as it claimed.

    FLUFFERKINZ 11 ай бұрын +6

    The idea of Theranos is honestly great. Is it tangible though? Obviously not with how broadly they wanted it to be.
    Had Elizabeth started on trying to make small improvements to blood testing technology I think she would have been more successful and had legitimate contributions to the medical community.

    • Insight
      Insight 17 күн бұрын +1

      If they would've had a bunch of specialized machines that focused on a couple tests, with different sized cartridges, they could've pulled it off and Holmes wouldn't be in jail

  • Jounta Colvin
    Jounta Colvin 3 ай бұрын +14

    So this lady was able to amass 9 billion dollars and didn't even achieve anything

    • Evan Tambolang
      Evan Tambolang Ай бұрын +1

      Apart of trying to become the "female" Steve Jobs and founding a pharmaceutical company that its name is like Thanos' lost brother

  • Hardworking Criminal
    Hardworking Criminal  Жыл бұрын +3989

    The voice deception is one of the most bizarre things I've every heard of.

    • siN a
      siN a 8 ай бұрын +2

      @Luke Lang and you made up a scenario that didn't happen just so you could get mad at it. Like what do you want me to say to that 💀

    • Luke Lang
      Luke Lang 8 ай бұрын +1

      @siN a weren't you the one who commented about the differences in companies hiring males vs females?

    • siN a
      siN a 8 ай бұрын +2

      @Luke Lang what does that have to do with anything. Yall are just here to say anything at this point lmfao shoo

  • Dan A.
    Dan A. 6 ай бұрын +7

    22:15 "...incredible names baking the product." I think this is the main reason why Theranos became so big. In another documentary, General Mattis was being quoted by Theranos (paraphrasing) "...we have been using Theranos for the last 2 years in our helicopters with great success."
    Was he aware of his quotes?

  • Presten S. Papel
    Presten S. Papel  Жыл бұрын +11

    “Still a man hears what he wants to hear and disregards the rest.” - Simon & Garfunkel
    Everyone wanted to believe Elizabeth Holmes, just like they wanted to believe Bernie Madoff, to the point where they were willing to disregard common sense.
    As long as there is a human factor in financial transactions, there will always be grifters, and Holmes is no different. The mindset of a typical grifter is “That’s my money in your wallet, all I have to do is take it from you.” The biggest skill of a grifter is the ability to make people trust them without giving any evidence of being trustworthy. I’m sure Holmes really studied what people wanted to hear and how to deliver false information in a credible way to VCs.
    I guess the big difference between Holmes and the typical grifter was her insane obsession with Steve Jobs. I think being Steve Jobs was more important to Holmes than anything else, even money.

    • Presten S. Papel
      Presten S. Papel Ай бұрын

      @John Smith yes, I can claim to build the first space ship that can go at warp speed with the best of intentions, but I'd be crossing the line when I claim to investors that I already invented it and take money from them.
      In case you weren't aware, that's called stealing.

    • John Smith
      John Smith Ай бұрын

      Her pursuit was prestige and not money.
      Even then I believe she started her company with the best intentions

  • OldgoodAle
    OldgoodAle 4 ай бұрын

    Of course it's less than the estimated sentence, but 11 years is still a good win and a small relief to the families who suffered from her affair.

  • YBN Scholar
    YBN Scholar  Жыл бұрын +1

    For her idea to work, not only the blood analyzer should be given importance. Creatively drawing small amount of blood with helpful cells / data and then correctly storing it should be the first steps.