Hey just wanna give u a quick correction. It's really no big deal but Stanford isn't and Ivy League university. It's a sports league in the northeast. U say this around minute 11.
It's honestly disgusting and demoralizing that she wasn't found guilty for defrauding patients. Literally the only crime that mattered was that she lost wealthy people money, not that she put lives at risk.
My father was a lab administrator at a large hospital between 2009-2014 when Theranos was really blowing up. He always loves telling people how he saw through their advertising campaign early on. Apparently the CEO and board of the hospital he worked at kept pushing him to get some Edison machines for the labs, but my dad kept telling the board that the science behind the machines just didn’t make any sense and he doubted they actually functioned as advertised. They didn’t care. He ended up calling Theranos reps but kept getting shuffled around to voicemails, broken phone lines, and receptionists who kept claiming everyone had “busy schedules” and couldn’t talk to him just yet. He kept calling and calling and calling and FINALLY ended up getting forwarded to a random Walgreens somewhere in Arizona that told him “we haven’t had any communication from them recently.” a week later that big article about Theranos was published lmao
Hospital CEOs are too often not medically trained in the slightest. I have a phlebotomist friend and another friend that's a professional of biology - even talking to each other, the couldn't conceive how anything could do that. Of course they both wanted to be wrong, it would be helpful! But they knew it wasn't possible.
Not even working in the medical field, but I earned some money by taking part in medical testing. Pretty sure if there was any way, shape or form to do this more efficiently, people wouldn't bother to take about three to four vials of blood even before admission to the survey and they'd ditch the permanent venuous catheter if they could do the same work with only a few drops of blood. While the idea is great, the Edison would have to be so advanced that it would tear down an entire branch of work and built it up on the same day. It's like Theranos/Holmes just claimed that she made faster than light traveling possible, lol.
I am so thankful for people like your father who stand up for patients and for science! I’m a med tech myself and it’s often frustrating trying to explain certain things to admin, and even to other health professionals. No one listening comes with the territory of a career in lab😂
rest in peace to Ian gibbons❤ the fact that she didn’t even care to honor him or call his fucking wife back is disgusting. especially when he was there from basically day one
This comment expresses a strong sentiment of disgust towards Elizabeth Holmes' actions and highlights a specific instance where she showed a lack of empathy towards someone who was closely involved with her company. The comment reflects a sense of outrage at the callous behavior of a person in a position of power and the harm they have caused to others. It is a poignant reminder of the impact that one person's actions can have on the lives of others. Rating: 4/5
i dont get the fetishization of dropping out of prestigious schools as if that somehow translates to "they were too good for the school" and not "they were shit students"
Especially when often times the people doing that could actually afford to drop out of those schools bc they had the money and connections to keep them afloat business wise. Seeing hustle culture goons glorify the 'grind' over actually staying in school is both sad and funny bc dropshipping schemes are nowhere close to being able to invent Microsoft.
I believe it’s due to the fact that the person is taking a large risk and not following the grain . Like proving not everyone needs college to be successful. Also everyone loves a rags to riches story (even though people who use this almost always come from money to begin with lol)
@@tohaovershell I reckon that's what they tell themselves and those around them ("ooh I'm such a risk taker!"), but dropping out of school incurs basically no risk if you're from a wealthy family. Even if the "risk" doesn't pay off, they'll still land on their feet. To me it's just a sign of impatience and arrogance.
Hi, Medical Laboratory Scientist here! I wanted to clarify why sometimes we need to use a test without direct FDA approval, because it's NEVER intended to be loophole like Theranos exploited. Basically, it's there so we can make slight use modifications to existing tests. A really great example that my lab uses is a drug test that is FDA approved for use in blood, and we use it to test urine for that same drug. We performed a long, comprehensive study showing that the test is just as effective at detecting the drug in urine as it is in blood. We show this study to regulators and explain our methodology thoroughly whenever they ask during inspections. What Theranos did was take this allowance to have some wiggle room to utilize existing tests in slightly different use cases and abuse the shit out of it. Hope that helps!
Imagine being her kids and realizing the whole reason that you are on this earth was to get your mom a lighter prison sentence. And it didn't even work.
She was stuck either way if she wanted children. It was inevitable that she was going to prison and she would have aged out to have children by the earliest release possible. I do think her DNA needed to be replicated. Clearly they are academically inclined.
Wow, she said school isn't worth it, had a golden parachute from her family fortune, conducted a massive scam, and still talked down to other people as this inspiring image of hard work.
@@FictionHubZA yup yup yup yup yup what a little brat. and society is full of people like that running shit. hospitals, schools, run by entitled businessmen wanting to fatten their wallet
The problem with Holmes is that she still doesn't think she's done anything wrong, and I bet my bottom dollar she'll be at it again as soon as she's released.
@@Flashguy4826 The thing that really makes me mad is that all the jail time is for financial crime. For fucks sake her crimes put people at risk and probably has at least contributed to the death of people due to bad diagnosis. But that whole part just did not matter. It is all about money and not a lick about the people.
People with mental disorders like psychopathy _do not know right from wrong,_ and Holmes definitely has something like that; she has no understanding of right or wrong, no empathy, is highly manipulative,… and you could ask yourself the question why in Silicon Valley of all places psychopaths, narcissists,… and other “-ists and -paths” have it _so_ easy to get to the top.
Thank god she was exposed before COVID. I can’t imagine how much money she might’ve scammed or how many people she would’ve endangered if she was still considered a ‘leading figure in medicine’ during a global epidemic.
True Covid tests were needed en mass and.imagine if she jist added "Oh btw.our.machines now screen for covid too" Sometimes life.just throws a dark.humor curveball. In this case relief for us and a middle finger to her.
@@stevenclarke5606 This same shit happens all day every day in the open. She may have gotten punished for getting caught, but she got caught because she stole from people with more money than she had. She'd have been fine if she only stole from the "poors".
@@jasondrain2030why would she steal from the poor if the poor is poor when she needed investments with something as drastic as this. In fact businesses grows with investments and in every investments is invested by rich people. Why would I choose a poor person to expand my business and possibly take more time to get to where I’m going when I can get a person with a lot money and the biggest investment and shorting the time I need to execute my business to success
At that time I was calling it bullshit for obvious reasons and I was called (with girly or woketard voice): "misogynist and jealous". Well... facts, actions and results speak louder than words, emotions, feelings, trends and stupidity.
Looking at a lot of the docs, I never felt that her voice was persuasive. Her mannerisms, the fake voice, and constant word salad conversations came off as incredibly condescending because she NEVER GOT TO THE FUCKING POINT. Granted, there was no point. She had nothing to talk about because she had nothing to show. But that's how a lot of the valley folks like it. They like to hear big words to pretend like they're apart of something big and...things like this happen.
She actually wanted the fame without the hard work of actually creating something. Very disturbing that she has no fear of lying AT ALL. A Monster in full view. 😮
She came up with an idea for something without verifying that it actually can physically work. Like, sure I decide to “invent” a Time Machine, but it doesn’t mean that it’s even possible for it to work regardless of the tech I say does it.
i’ve always been really into white collar crime. the theranos case has stuck with me overtime heavily- i’ve read all the books/articles on it, watched the biopic, etc. it’s just crazy how little she cared about the lives of others. and how much people were willing to invest in a product they quite literally never saw. it’s just a messed up thing all around especially everything with ian gibbons. my heart truly goes out to his wife.
It seems like she really thought that as long as she kept bringing in money, the stuff she promised would come to be - delusion basically. The best way to fool those around you is to fool yourself as well.
@@Shmandalf and if it fits a certain narrative...FEMALE INNOVATOR ENCROACHING ON TRADITIONAL MALE DOMINATED FIELD. She was given a pass from closer scrutiny because everybody wanted this story to be true and nobody wanted to be labeled a sexist for actually questioning her and not letting her get away with her non-sensical word salad responses. Look at how she immediately resort to using her female victimhood card when she was exposed. All well documented.
@@mackenzieb2218 the book on Elizabeth Holmes is called “Bad Blood.” Other books that I’ve enjoyed were “Wastelands” by Corban Addison and “Dopesick” by Beth Macy. Definitely look up trigger warnings before going into them.
As a medical laboratory scientist, seeing the Hulu documentary was so frustrating. Anyone with basic education in the clinical lab can immediately see right through this and point out every way it could never work. This is why we as lab techs need to be part of these conversations, rather than just investors and businesses. *Of course* the blood started clotting, there was no anticoagulant used. There’s no such thing as a universal anticoagulant because coagulation has several stages and pathways and all of the blood tubes are specific in how they stop clotting.
You are correct about everything. Including consulting expert advice for investors. (Whatever professional investors do, but these here were specially selected, cheated and were also idiots). But don't be so naive. Here the experts in particular were threatened and actively prevented from expressing their opinions. Or simply put to shut up (by NDA, etc.). Also, what are you going to do about having someone like Colin Powell(Kissinger, George Schultz, and Colin Powell were all on board) act as a poster child for your scam?:) This whole thing had no other chance as to become a scam(We don't know if it was planned as as scam from the beginning). Greed was just the multiplier in this disaster, which some participants really deserved. Also: The public sees this scandal totally different. Holmes made ridiculous claims. Life changing and life saving claims! Now most people feel betrayed. Which is easy to understand, but because of the wrong reasons: You can't really hold someone responsible for not fulfilling his fairy-tales ... which believing this nonsense yourself in the first place did play not a small role in the whole misery;) That is just illogical. Faking patient reports/tests?: guilty .. go to jail! Scamming investors?: guilty .. go to jail! Talking with a faked deep voice?: guilty ... consult a doctor! Promising that with this new and revolutionizing snake oil your excrements smell like orchids and are worth as much as gold?: You both need a deep reality check and possibly a holiday:)
@@dieSpinnt i imagine its common practice to go from expert to expert until you find one that will support your claims and say "yes your idea is perfectly viable". Like you said they can always threaten and coerce the previous experts to keep them from telling the unsavory truth.
I don't even have any scientific or lab background and I can see the ways in which all of this can go wrong just from a logistical and operational standpoint??? You're trying to do too much with too little. It's just not feasible at this juncture and there's so much room for error with all the tests you're trying to do on THAT amount of blood.
Her story is the definitive proof of what I've been saying all along - money is one of, if not The most powerful form of privilege. People will back you without questioning reality or morality as long as you're rich and have the potential to make them money.
The brain power she had on her board is what helped get others to back her. Her company was extremely small when it began. She was incredibly manipulative
Same. Knowing it makes us come off as more authoritative is interesting bc I've always been kind of ashamed of it. Not enough to fake a baby voice tho , lol
God bless Ian Gibbons. He, a professional chemist who worked on the project since the start, simply told her that the tech wasn’t ready to go into stores and be used on real patients. She not only fired him, she also decided to continue a petty lawsuit where the stress of him having to testify resulted in him ending his own life. He was a cancer patient himself and really believed in the vision. His life was cut short due to her ego. Hope he rests easy.
@@deanjustdean7818 found the autistic who thinks bad people actually get punished 😭😭. No good deed goes unpunished. Also killing yourself over the "stress" of having to testify???? Yea maybe he didn't deserve life 🤷♂️ Dude can deal with cancer but "muh testify". Although, best case is she's getting raped in prison by a big butch dyke. Prob not tho
Sadly he wouldn't have went easy either, paracetamol overdose is apparently an extremely painful way to die 😔 I can't imagine the mental strain he must have been under at the time with everything going on
Really?? That seems odd as shite , having that outlook will only keep YOU from ever being a millionair... maybe it's where I grew up but I've known a tons of millionairs. My best friend growing up , his family had millions , lived in a 6 million dollar house , they treated me way better than my own family ... anyways , there's nothing wrong with being rich , people don't always get rich by exploiting others , sometimes they get rich from being great people at heart ... gosh your world view must be so narrow 😂
The best part of this whole thing has to be Elizabeth sending her cheesy “poetic” love note to Sonny and him just responding “Ok.” I could practically feel the sparks flying
Being in this field of biomedicine, I cannot believe that those investors did not even look at the science. The amount of work we usually have to do just to even get a chance to submit an application for funding is OUTRAGEOUS. To think that she secured funding based on nothing is crazy.
This is the question that I have. Why didn’t any of the scientists who worked at Theranos tell her that it couldn’t be done? They actually had their educations and should have known it was never going to be possible to produce the testing that she said would be possible with just one drop of blood. I therefore don’t understand how this charade was able to continue for so long. My education is in law, I don’t know anything about science, but I don’t understand why this shouldn’t have been common knowledge to all of her employees? Could you please explain this to me?
@@jennifer60515I think half of them did question the validity of the tech. Based on reports, it seems like a lot of scientists were silenced and monitored closely to make sure they just keep doing what they are told to do. I recommend watching the show The Dropout with Amanda Seyfried! It is fictionalized but of course based on facts. A few scientists were even threatened if they start questioning the actual tech.
@@jennifer60515 The working environment in the company was absolutely atrocious and almost as fascicle as you would see in a Dilbert comic. Departments that would normally be in constant communication in any real company were not really allowed to talk with one another. Specific issues with the instruments might not make it to the engineers working on the designs from those actually testing the blood. Employees were threatened with lawsuits, legally unenforceable NDAs, and situations that were diametrically opposed. Some even put there very lives in danger trying to get the machines to work. Ian Gibbons was supposed to go on trial as the lab director and testify on behalf of Theranos. To him, telling the truth might mean the loss of his job (possible blacklisting too) versus committing perjury. The choice that stood before him was so overwhelming that he committed suicide. One whistleblower, Erika Cheung, was getting incredibly low reliability when it came to the blood tests. She voiced her concerns and was met with "bad" results simply being removed from the data. At one point,a cease and desist letter was given to her at a residence so new, that even her own mother wasn't aware of where it was; she was being followed by thugs working for Theranos lawers. At one point, the Edisons or MiniLabs (can't remember which) had mechanical failures so frequently that employees were sticking their hands into machines with sharp instruments that came in contact with actual blood samples to free moving parts. The sheer number of risks people took with their own health is simply astounding. Sorry, I didn't mean to become preachy or make it seem like I was attacking you. It's just that I have worked for terrible businesses in the past where I too have put my life at risk to get something done. What I went through was nothing compared to what these people went through. Things like this just brings my blood to a boil.
How was no one creeped out by her? It's unsettling looking at her, imagine actually being in a room with her. It's like she's always ready to take a bite out of you at a moments notice.
I can easily list at least five girls from highschool that were *exactly* like her, and that was over thirty years ago. Some genes in combination with some parents just generate a certain amount of these ghouls. Fortunately it rarely results in any kind of intelligence or drive, so they just become social service workers instead of multi-billionaires, but every once in a while....
I was thinking that the entire time. The pictures of her are so unsettling. I think it has a big part with how wide her opens her eyes for photographs and how she does her makeup on top of it. I noticed when shes talking to someone she cant hold her eyes that open as much , and she looks less unhinged.
As a nurse, when I heard about this, I really thought what a great idea, however when I saw her, and heard her explain this procedure, I started laughing because no one would fall for this. Lol
@@anton1990of course she knows this. but technology is changing at an exponential scale. I wouldn't be surprised if this did become real in my lifetime.
Also, I love when people who were already privileged, and had an upper hand be it from familial wealth, or anything of the sort, try to tell other average n not as fortunate people “they can do anything if they want to.” Like please.
there seems to be a huge lack of empathy coming from the wealthy towards the working class, see the case of rachel hollis a "motivational" speaker who basically called her housekeeper "the lady who cleans my toilets" in a very derogatory way and said "oh these rich celebrities have the same 24 hours as you" it truly shows how rich people are completely out of touch
@@chewedw1re so true. The first customer to scream at them for no reason. Or their feet hurting from standing. And also the not getting a break even though it's legally required.
@@VonVikoGoat It makes them feel like their prosperity was earned when the fact of the matter is, if everyone everywhere actually had an equal opportunity to be successful, they won't have people to serve them or masses to condescend to. So they're quite happy leaving everything as is. Cons like these always work because of how people perceive wealth being something that's earned, so if someone managed to garner that much money and their family had the history of doing the same, they can't possibly be lying right? No such thing as due diligence with enough money or connections.
As someone who’s worked in a medical laboratory for 3 years (including doing COVID tests during all 2020-2021 aka the height of the pandemic) this shit is somehow way less shocking to me than it is to the general public. So many medical labs nowadays are run by business dudes and investors who don’t know a lick about science, only caring about $$$, cutting corners, and trying to tell us with science knowledge what to do. I thought it was just my lab until I talked to older people who have experience in other labs everywhere, even in other countries. They all say the same thing. They all are money hungry and don’t care about quality, only the quantity of money coming in. Just keep that in mind when you get a test result back that doesn’t make much sense, always listen to yourself and get a second opinion.
Its such a shame that a field that shouldnt be hampered by the greed of man.....is hampered by the greed of man. The love of money is truly the root of all evil.
@@shrimpyalfredo3933it’s scary and it’s heartbreaking. As a naive young adult, I assumed the field wasn’t tarnished by the greed and evils of the “outside world” but, alas, it is apart of this cruel world, too. I wholeheartedly agree with you.
YESSS. I’m a nurse and I’m so sick of being in facilities bought by some dude with a business degree in underwater basket weaving trying to tell us how to care for patients. It’s terrifying how they’ve taken the actual clinically trained people out of the clinical settings. I’m like, what do you need us for when you have Ted in another state who seems to think he can determine the guidelines for something he has never even heard of? It’s disgusting.
@@Nurse_MeeksO M G THE CEO OF MY COMPANY IS LITERALLY NAMED TED AND LIVES OUT OF STATE WITH A BUSINESS DEGREE 🤣🤣🤣 I relate so hard I can’t stop laughing but it makes this simultaneously soooo much worse. I’m so freaking sorry what you have to go through. these business dudes are smart when it comes to making money but god… so STUPID when it comes to science. They make the worst decisions. And they use their workers like slaves for more profit.
Yeah this is why healthcare shouldn't be shackled by capitalism. Walgreens was so worried about CVS scooping them on profits that they put people's lives at risk.
The entire board of directors/executives should have been thrown into jail for 20+ years for what they did. Holmes and Sunny didn't get the punishment they deserved, but the board got away with everything when they were just as involved.
Trust me, if board members were regularly thrown in jail for crimes that endanger people, Henry Kissinger would never have gotten the chance to join that board in the first place.
She filled the board with people who didn't understand the technology but had tremendous credibility in certain circles. It was clever, but she's still a twat.
@@b.collins2656 - I've never heard of that term before, but on reading about it, it makes so much sense. Seeing so much of the whites of her eyes both above and below the irises was always disturbing to me somehow. Now I know I'm not the only one...
what i hate about this, is people argue that if her machine worked it would have solved so many problems, but it never worked, it was a scam from the start.
Exactly. No one said her idea wasn't gonna help people if it worked. They were pissed off because IT DIDNT yet she lied and said it did. I think she mightve had some good intentions but her privilege and greed and ego got in the way. She started it wanting it to work but her pride and ego just could not accept defeat and that it just simply wasn't possible for the time being. Maybe it wouldn't work in the future. Maybe it would. Either way it's ahead of it's time.
And she had no reason to believe it ever would work. Actually qualified and experienced people, as opposed to her high school level of education, told her before she started her dumb company that it was science fiction. Her ego was out of control before day 1.
I'm just gonna say it again. She is a literal blueprint for a Resident Evil villain... Like sure she wasn't ACTUALLY competent, and her product was a failure... but her lying nature, "charm" if you want to call it that... creepy obsession with a sociopath, and her chilling way of talking and unblinking eyes... she gives some massive RE villain vibes.
I’m surprised there wasn’t a segment included about how she crafted this clever, authoritative Steve Jobs-inspired appearance and demeanor-she allegedly made habits of blinking less and lowering her voice! Wild!
My 9th grade Biology teacher was actually Alex Shultz, Tyler Shultz's dad. He retired that same year, which unfortunately ended with online school. (he's back now after being elected to the school board last year!) He talked a lot about how much the lawsuit affected their family, not just financially but emotionally. Theranos came after Tyler with such a ferocity that he slept with knife by his bedside, and it had a significant effect on Tyler's relationship with his grandfather, who refused to believe him for years. Their relationship improved slowly afterwards, but it was never the same after everything that happened. It's so disappointing that she got away with such minimal punishment and it's so disgusting that she wasn't found guilty of defrauding patients. As someone who barely passed that Biology class, it baffles me that no one realized anything was suspicious when even I thought everything sounded fishy when I first heard about it 😭
Watching all of this go down as a CMA and Cell and Molecular Biology major was absolutely surreal. It was quite baffling, knowing what certain tests entail and why they entail it, to watch people fall for the lies. This is the sort of crap that happens when you leave decisions to execs with MBAs that have never worked the floor a day in their life. Plenty of people were crying foul, but no one cares what you have to say if you're not allowed in the board room.
@@TAGMZs63 I don't think you would need a degree to see the writing on the wall. Half of all the labwork is, at its most basic level, all about concentrations. I was having flashbacks to spectroscopy labs. Especially one I botched royally because a bunch of concentrations were too low. And the patch thing.... what? Lol. Guess she's never seen anyone hang IV antibiotics. I get this mental image of people walking around, looking like some ICU patients that end up with IV poles looking like "Christmas trees".
To be fair: there's a lot of interesting new stuff going on in the field of biosensors. Nucleotides seem to be all the rage right now and they can provide highly specific detection on very little physical space. But yes, my first thought exactly - the makeup of the 'solution'. There's so much stuff in our blood... be it sugars, hormones, enzymes, blood cells. Measuring anything against that kind of 'noise' is impossible. Even with new sensors. Samples still need to be prepared
@@KirstenMarie_MS3 Yeah, some of these tests are a matter of measuring ratios aren't they? using a smaller sample means reducing the accuracy of the test results. One drop of blood for one test is iffy, but trying to claim 100+ with a single drop? nah. You'd need stuff like what they have in Star Trek for that.
"the charisma and charm Elizabeth was said to have espoused" 😂 😂 😂 Seriously, in every clip of her prior to being caught she comes across as so awkward and unusual I can't imagine being charmed by her brilliance.
More thrown off by her deep voice that she's clearly manipulating to sound more masculine, but she never nails a constant pitch so it's all over the place.
@@neoasuraI genuinely bet you that this played a part in her rise. Her being a woman too made everything she did get eaten up by the media because she was such an awesome girl boss.
No matter how many times I hear this story, it still manages to surprise me with the utter disregard Holmes held for the people she lied to. This technology would have been life-changing for millions, and she knew this and chose to exploit all the hopeful people and investors who believed in her. Why do I keep finding myself shocked when people sacrifice the happiness and lives of others just for a paycheck or status?
Worse than THAT? With the money she was throwing at doing research, she could have come up with something practical, but chose to chase wispy rainbow dreams.
You hit the nail on the head! I went to my lab to get blood work done. 3-5 days for results. Went grocery shopping and saw the "lab" at Safeway that claimed 1 hr. Safeway claimed I was boarder line diabetic and charged me. My lab came back with cancer markers. This woman can rot in hell for all I care. I'm not diabetic, not even close.
On a wider point it's becoming clear that investors have collectively lost their minds, it seems like the only triggered by Lofty promises of getting in on the next facebook that didn't want to look further. And here in lies the main problem think as yourself as an experienced investor you've heard about this new company that has raised hundreds of millions of dollars and have major partner's backing it you think you hit a goldmine but you've also think you've gotten in on the next Tesla. The whole story take the saying fake it till you make it to the next level. But what happens when the things you promise a lot more harder than you hoped? When do you pass the point of no return and just keep lying untill you get caught? For Elizabeth she just kept lying it until the very end.
Her criminology is so funny because if she was a movie villain, maybe for Stark, everyone would discredit the character for being unrealistic or lazily written.
@Zonnie In a story, you should still make it clear why a character is the way they are and why they do the things they do. If the audience can't find an in-story reason of why a character does something, that is indeed lazy writing.
@@PiroKUSS Well if a character has zero motivations for their actions in a story, the story usually isn't quite engaging. Of course there's exceptions when it comes to mysterious characters. I wasn't saying to tell the audience everything, but just to give clear cause and effect when it comes to the plot points, and not have a story where the characters are like, "I did this cause PLOT NEEDS TO HAPPEN."
@@randomnerd3402 Characters don't always need a cause for their actions, nor does it need to be clear. A story can still be engaging if s character doesn't have any reasoning behind the way they act, you know?
I love how people invested in a young Elizabeth when she wasn’t even certified or had the official education in medicine. She dropped out lmao. It goes to show how stupid people really are even though they have money.
Yeah, she was clearly an absolute villain, but ffs the investors were SUCH fools! If _this_ doesn't prove that multi-millionaires & billionaires are not smart and did not get there by being clever in any way. It's all insider info and crap-shoots ...with old money.
Well TBH loads of big corp executives dropped out, or didn't go at all. People with passion and genuine interest in what they do can do great things for a company. So I don't see how a lack of a PhD or doctorate etc. Would be a red flag. Lots of other red flags tho. But not that.
@@johanlahti84 she has no medical training but she helped invent this? it's like how musk has no city planning experience so he thought the Las Vegas Loop was an innovation.
@@johanlahti84 it wouldn’t be a problem if it was for products like phones like her biggest inspiration, Steve Jobs, but it was medicine. She was leading the construction of something that required education and knowledge of how these things even worked currently in the field. It was a major red flag that no one cared about because the majority of the public doesn’t understand this type of science. She used that to manipulate everyone. Now she did hire others to help develop it but she made sure she was always the one people communicated their developments to and didn’t allow communication within her own company. I mean you wouldn’t want to go to a doctor who had a revolutionary new way to heal people if he didn’t even go to school for more than a year or two right Lmao
@johanlahti84 see in her case, I would absolutely believe that she was just trying to co-opt the narrative of these kinds of people for street cred among investors.
This woman had crazy eyes and a strange forced voice, and so many people believed her because she had an affluent background and threw more money at her.
Have you heard the clip of her speaking with her real voice before she catches herself and switches to her weird fake voice? Everything is forced and fake with her image
This woman is despicable and it makes me so angry that she is likely to succeed in her appeal. I don't think it's a coincidence that she got pregnant right around the time she was facing a potential long jail sentence. She brought a child into this world just to try and save her own ass, not caring about the possibility that the child could grow up without a mother for most of their childhood. I really hope she doesn't get away with this.
She did both tbh, married a man she barely knew and popped out a child so she could have the image of a “loving mother and wife” to help her image, luckily it didn’t fucking work.
@@carterpitbull7366 actually i suspect her reason for having the child was along the lines of "you cant put me in jail, my newborn child needs their mother! its not fair on the child!". This is the second time shes done this, and both times the timing of the pregnancy was highly suspect. She's absolutely disgusting. I cant stand to even look at her.
I have this awful feeling that she will get out of prison on “good behavior”, or she’ll just be using her Hypno-Toad powers to get out of there. She really should be serving her entire 11 year sentence.
Honestly I never understood how people got roped into it. Not on a scientific level but all her appearances on TV and in ads always were so unsettling to me. Especially the last one in this video really gives me the creeps.
The part I find most concerning is that Elizabeth didn’t think she did anything wrong throughout this. From her view, she had a dream and anyone challenging her was just a hater. These sorts of psychopaths abound in society and we need to hold them to account.
But that really is how alot of the world works, many fake it till they make it and even when they make it, they still can continue to fake it. So I do not see her different to many others who follow same tactic. It actually helps you manifest stuff alot. Ofc it does not always workout. But what I will fault her for is using the strategy where people's lives were involved. But hey, we live in a duality world. We need those who do what we perceive as wrong to help us reflect and hopefully strive to do better ourselves. I firmly believe everyone exists for a reason, even serial keelerz.
Sadly, we can't as they now RUN society.... Citation...J.R. Biden wholeheartedly endorsed her.... (And undoubtedly asked her for several of her professional fraudster tips.....)
_"Fake it 'til you make it"_ is not ever applicable to building _life-critical medical devices that will be used to treat actual human patients._ It says a lot about Holmes that somehow, this never seemed to click with her.
@@TrackpadProductions That is why I said what I did, as I said it was applied to the wrong situation. However the covid vaccine was partially built with abit of this mentality imo.
@@danisverse man im gonna need a whole lot of sources to back up that last claim of yours, because it is genuinely dangerous to claim that the vaccine is unsafe. The covid vaccine was developed based on our already-existing vaccine for sars and it was very, very thoroughly tested. Not even the mentality is comparible at all, because there was no mentality to fake it, it was just 'try things, fail, try more things until they work' and they didn't pretend they had one before they did.
21:15 holy shit. There's gotta be something wrong like behaviorally there. Just reading that gave me chills from imagining being in that room. Some real "there is no war in ba sing se" shit
What always amazed me about Elizabeth Holmes is not that she’s swindled and fibbed… That’s a pretty common thing in startups in the tech world… Just usually patients don’t get affected, you know… But yeah, the thing that always blows my mind about her is that she was such a narcissist that she thought the reason people didn’t use a small droplet of blood to do all CBC and health tests was because no one had thought of it… Like that’s honestly astounding to me It would be like if I said to you today “yo I had the best idea that’s gonna make me a millionaire… hear me out… Instead of using planes, trains and automobiles, and messing up the environment… From now on, we should just use teleportation pods where humans evaporate into thin air and appear somewhere else. Isn’t that a great idea?” Like I truly believed, I was the first person to ever contemplate that idea, and thought that that was what had prevented it from happening already lol. Literally any first year nursing student, and most nurses assistance could tell you that this is not physically possible. Not with current technology. Not even close.
The closest thing we have to something like that are glucometers for diabetes and that’s just to make sure your blood sugar isn’t too high or low. But uh yeah fuck Elizabeth Holmes.
I like your thought! It's alot like somebody saying they were the first to think of a semi-truck engine that can get 100 miles a gallon... of course we all want it and it would be wonderful.... in the future it maybe possible... but like Theranos, Can you please show me first? If it is as simple and easy as you say, I'll should get and understand it in a very short time.
You don't even need to be a nursing student. All I have is a high school education, and even I know her claims were physically impossible to accomplish.
Behind every entrepreneur is a brilliant engineer that is able to keep up with the insane ideas of the former, just like Steve Jobs had Steve Wozniak. Elizabeth’s problem was that she had an idea that no engineer in the field could accomplish and she couldn’t accept that fact.
Nah, Steve Jobs idea was at least physically possible. As evidenced by the device I’m writing this comment on. The problem with Elizabeth was that she wanted to create a device that would almost be out of place in Star Wars
It's kind of a shame it's not possible. It would be amazing for patients and doctors to be able to get faster, easier test results. I guess it would also make a ton of money for some companies and shit but damn... it would make it so much easier for the average person too.
Also in the tech world, with enough money and manpower most reasonable goals can be eventually achieved. But in the medical world a lot of things are just not possible. It wouldn’t have mattered if she raised another 20 billion, what she was trying to do was medically and scientifically impossible. But she saw it as a tech company and thought if she kept throwing money at it, it would eventually work.
She honestly had the classic cult leader style, if she had just created a “new way of living” she’d be having brunches with Gwyneth Paltrow about Goop collabs
She could not run any company. She could be a good PR person or sales/marketing, or something like that but never CEO. She did everything idiotically, backwards and wrong. She wasn’t just a liar, she was horrible at managing money and employees, if she got another billion dollars from investors she would have quickly flushed that right down the toilet too
back when i was still a phlebotomist, i had many patients tell me that they were wary about donating blood or getting blood tests because of the whole theranos debacle. it's sad that one person could make so many people shy away from doing something that could potentially save their or other people's lives just because of that.
I would like to also recommend Bad Blood: The Final Chapter. It’s a podcast by John Carreyrou. The Apple Podcast version also summarizes what happened during her trial in court which was not live-streamed or anything.
I came here to post the same thing then saw your comment. Listened to it right when it came out. Great listen! Also, if you enjoy/enjoyed that book, you may also enjoy American Kingpin by Nick Bilton. I actually like that book more than Bad Blood :) It's also a REALLY good audiobook, but also a great book as well.
Honestly IMO the craziest part of her entire scam/fraud has nothing to do with Theranos. It was how anyone believed for a second that her fake deep voice was actually in any way real.
Let's be honest, the only reason she faced any consequences is because she financially hurt a bunch of rich and powerful people. Had the same thing happened and only middle class people were hurt, she would have had very little consequences. That's the way this country works.
The destruction she created around everyone is unbelievable. That poor man who committed suicide and she did not care at all. Not even calling the wife, absolutely disgusting she is. Now she is getting all the karma back. She deserves every punishment
No such thing as karma only repentance of sin asking God’s forgiveness. Karma is an illusion form of vengeance witchcraft. God says he only will take vengeance if He sees fit.
@@studiosingerlet keep the fantasy where it still be Trust me With the kind of her narsicism characteristic pieces of sht If the karma dont play here I am ready to fly to the prison where her in the jail and give her Copper cope candy in her brain and let her back to ashes as the way should be... I just quite hate these narsicistic crap like them Hope i and everyone could move on their life and avoid this With out narcisism The world *COULD* be better I still felt empty and quite hopeless Look like i wont have a roll at anythings but it will be better than that lying crap (hope i wont end myself in misery of insignifican and regret life ... hope so)
The funny thing is, if she really developed her original, smaller idea of something more convenient than a nasal swab, she's have been seen as prescient and been very successful if she'd had it working by 2020. Probably wouldn't have made her famous, but we all would've used that invention by now.
I had a tyrannical retail manager who had a portrait of Elizabeth Holmes in her office. The picture always made me feel uncomfortable. Seeing these videos about her and reading about Theranos have made me realize how justified that feeling was.
9:19 Not excusing her behavior, but as someone who grew up in a house with a sliding glass door that had a screen door that would easily blend into the background in certain conditions, I can’t really hold that against her. At one point or another, everyone in my family, pets included, walked or ran through what they thought was a wide open door but turned out to be a closed screen door and blew it off the tracks because they just didn’t see it until it was too late. It was such an annoyance that my parents eventually just took the screen door off completely because guests not familiar with the house ran into it constantly. I can totally see how a kid, especially a kid throwing a temper tantrum, could walk through a closed screen on multiple occasions…
You know that makes more sense than the picture of a tiny bug eyed blonde girl running full force through a screen door screaming about monopoly that envisioned
@@melissahemenway8427i think it wasn't the glass that was the issue, it was a screen behind the glass so the glass portion of the door would be open but then ppl wouldn't see the screen mesh behind it and run into it
Idk about where you live, but where I live murder convictions of any degree start at 20 years and only go up from there. Anything except third degree is life in prison, no parole.
what are you talking about "murder only gives 10 years." Elizabeth only got 11 years anyway. You face up to 100 years OR MORE for murder much of the time. People often get less. That's how court works. randomly dropping very wrong comments but yes, go on about how white collar crime deserves even more leniency. also she gOT PEOPLE KILLED DUDE. did you WATCH?
Arnold Schwarzenegger loves to give inspirational speeches at universities about never giving up, about never letting people tell you "you can't do that", about how "anything is possible" if you just work hard enough for it. Sometimes he is just outright wrong. Sometimes those who say "you can't do that, it's impossible" are actually right.
Ya, that’s what I always said about her. She believed so strongly in all those inspirational quotes about never giving up, getting back up when you fall down, shooting for the stars. But all of those inspirational quotes assume that you are operating in the realm of reality. If you are trying to do something scientifically impossible, you might need to give up and move on to something else.
Speeches are like who is that for? Everyone grsduating already is going to the top 😂 People failing arent there to listen to it and even if they are not like they'll 180 on the spot
She destroyed so many lives with seemingly no compassion for those around her. Something about her always freaked me out when I was younger I always thought it was her uncanny valley like appearance with wide eyes and a smile that never really felt genuine, but now that I know the crimes she committed and the stories of the victims I'm able to recognize that she was always a real life monster. 10 years as her sentence is far too short. I'm thoroughly disgusted.
Honestly we're lucky she got over a decade considering she didn't kill or seriously injure anyone, just put people at risk. Meanwhile people who sadistically torture animals for nothing but psychopathic fun get house arrest globally.
Fitting that Pissinger was involved in a dangerous scam given how his whole career was based on hurting others He's living proof that some people are so evil they'll never die
@@carolyns4519 Thanks Carolyn now I have to go listen to Lehrer's Periodic Table sung to the tune of "I Am The Very Model" 100x in a row bc his name just instantly earworms me back to my first Lehrer lol.
A friend & I bitch about this so much when our faves or decent people pass away that it's basically shorthand for all our sorrow + bitterness + existential despair to just reach out to one another with an eloquent "...& yet Kissinger goes on...". It's like the Grim Guy doesn't even want anything to do with him.
The sad thing about her is that she started out on the right track, if she had just pursued her chemical engineering degree she would have had the knowledge and capability to do something genuinely great and improve medical technology in a meaningful way. She took a shortcut that ended up leading her nowhere.
@@Colddirector the point is that she wouldn’t have to lie to them though. She could have actually just made the shit she was telling investors she was going to make.
@@sekiro_the_one-armed_wolf I'm no scientist, but everything I've seen from actual scientists indicates what she was promising was straight up physically impossible.
truth, but due to her narcissism i doubt she would be satisfied with contributing to research in a meaningful way, bc that would mean years and years of education, academic papers and lab research, in exchange for zero recognition or profiles in the forbes. real research takes a lot of time, and a lot of work, and she wouldn't put either in bc that wouldn't make her a billionaire.
Genuine question. Why are people who spill the beans about what goes on behind closed doors called "whistleblowers"? If these people hadn't come out when they did, things could've been so much worse, so much faster. These people should be lauded as heroes not called a name that makes them sound like a scuzzbag.
whistleblower isn't a bad thing imo! it usually means 'someone on the inside who blows the whistle on some corruption, wrongdoing, fraud, etc going on behind closed doors"
Whistleblowers are also part of the whole scheme, but are the ones who end up spilling the beans because they're scared of the consequences. It's true that they exposed the scheme, but they also took part of it until they got anxious of being found out and prefer to expose it. They'd be seen as heroes if they didn't assist the conartists and were outsiders in all this.
What's funny is that evidently the word was used by Ralph Nader in the 70's to avoid the negative connotations attached to "informer" or "snitch". I do think whistleblowers should be praised more for doing what they're doing, but I think it's one of those things where not many whistleblowers are really appreciated in their time.
They're called whistleblowers because, by informing the outside world of the bad things that are happening in secrecy, they are metaphorically "blowing a whistle", drawing as much attention towards this situation as they can.
I'm a medical lab tech, and a service engineer for a laboratory technology company. This case always intrigued me. My friends and I would discuss and laugh about it. Many of what she promised is beyond physically impossible for many of the tests based on simple parameters. Finger prick blood is not clean enough for many tests on principle alone. In simple terms, finger pricks are contaminated by fluids in the skin/finger. This would immediately make it unacceptable for coagulation studies and many chemistry tests. I was excited for the idea, but it's WAY ahead of the time. I can see an idea like this coming back around when technology improves. The chip idea is the future for sure, but way off future.
So why didn't regulators pull her up earlier for something that's improbable with today's technology? Edit: I just got don't be part I the video which stated that there is a loophole where if your test are used in only one lab, the you are not required to have the process approved by the FDA. The loophole still exists! Theranos 2.0 is coming in the future.
It is possible with nanite tech. The sci fi concept of tiny robots p much like 10k of them all scrubbing the droplet of blood. But thats also waaayyyyy into the future farr faaarrrr future. But yeah they do blood work they take out like 3-6 vials full of blood to really really be sure. At best a drop can do is check for diabetes. Mostly because of sugar concentration per drop. THATS IT If you want actual factual accurate blood tests you're gonna need ALOT of it not just a few drops. Itd be more sensible / scientifically possible to add a chip in your body to keep checking you like those clothing magnetic security tags things they put on people woth diabetes to check their diabetes without needing to the stripprickings for blood drops.
I'm shocked you never mentioned the bizarre vocal fry she had to keep up for almost a decade since she thought it was the only way for her to be "taken seriously"
why is it necessary to mention? it doesnt have to do with her scummy behavior. plenty of people put on voices for professional work and she just happens to be "bad" at it so its more noticable
I think it is great because the fake voice has over shadowed the real issue with Theranos and Elizabeth Holmes and the seriousness of the fraud, literally playing with people's lives!
i remember when i worked for a blood supplies company i heard a glimpse of our technician specialist and a former er doctor saying that - ha, some girl is trying to do that, and when asked why she can’t, he said that a) if it was possible, it would have already been made and priced madly b) the amount of blood she said was needed is not physically possible to test for all that stuff and c) the fact that blood is taken from capillaries won’t give an exact result anyway
Honestly I always say that I almost think that the investors (at least the original investors) had it coming. She basically just came in with a nonsensical pitch and batted her eyelashes and they’re like SHUT UP AND TAKE MY MONEY
This is genuinely such a well thought out, well-researched, and well-written recap of this story. As someone who's been a subscriber for a while, I'm proud! You keep improving each video.
The real tragedy, apart from Ian's death (but also related to it) is that if Holmes had been more flexible and not lied to investors, Theranos could have perhaps made big gains in medical technology. It had a core team of dedicated scientists and engineers who genuinely wanted to make new, groundbreaking medical tech. It's clear Ian especially was super dedicated to his work. But instead of using their money and time to focus on what they COULD change and make better, all of these dedicated individuals were forced to try to make something work that was simply impossible to do with extant technology, and then to waste so much time reinforcing Holmes' lies. And while they may not have gotten nearly as much money with more realistic pitches, they still probably could have gotten solid investment given Holmes' charisma and ability to sell to investors.
Schordiner's scam Without the pitch no one would really care. Theres a dime a dozen medical start ups out there. In a way the lie got investors. If she really wanted to work an honest job in medical would be not start her own start up but be a rep peddling whatever big pharma companies make every year. P much marketing.
I've worked the last 15 years in the medical device industry, Theranos actually used our companies instruments and tests to run patient samples. At the beginning everyone in the industry was all saying that this was the future and all of our medical device companies would be out of business in 5 years. I got to see slowly each year as the whole thing came tumbling down. When going onsite to fix our instruments in their lab, they would put black tarp over all their machines so we couldn't see them and have a security guard follow the person even to the bathroom.
Girl boss had no business being a thing anyway it’s fucking lame. And I thought the ceo of nasty gal coined the term ? Or she just used it to name a book?
around the same time as Theranos we had a similar thing here in New Zealand. A reputable start up had an ai robot that would 'sit in' on GP visits and then transcribe a summary of the notes and upload them to the doctors servers. It seemed to be amazing at first, possibly saving hours of time a day for GPs and allowing them to see way more patients and still have excellent notes and records. Then the times began to lag, from a few hours to days and then strange drops in what was being relayed, which made some GPs suspicious. turned out the guy had just installed a voice recorder and was hiring transcribers to 'take notes' and provide the text for upload- no ai at all and a HUGE privacy issue to boot. I dont remember how it all washed out for the guy, but it was pretty theranos-y lol
@@lordkarellan7808 A doctor who got his patients to share their medical details with a fake "super computer" says he is certain their privacy was not breached. In about 2017, Dr Robert Seddon-Smith, who has two GP practices in Christchurch, recruited about 30 patients to agree to recordings of their consultations being sent to a revolutionary super-computer called Zach, valued at nearly $500 million. The artificial intelligence (AI) technology could apparently listen in on consultations and churn out accurate notes. In fact Zach did not exist and Seddon-Smith was sending the recordings to a fantasist named Albi Whale, now about 27, who had constructed an elaborate fiction about Zach. It appears that, instead of Zach turning the recorded consultations into patient notes, Whale was busy transcribing and sending the reports back to Seddon-Smith. After an investigation by Internal Affairs, Whale's trust, the Terrible New Zealand Charitable Trust, was struck off the Charities Register late last year. Albi Whale, the self styled "protector" of the trust and his father, David, have been banned from charitable trusts for three years for breaching their obligations and serious wrongdoing.
i didnt know about her family history, that rly adds a lot of context as to what motivated her to do this. bc I think she genuienly believed, deulsionaly, that she can get this invention to work. i dont think the intention was to steal money but to become someone important, but she didnt have anything that would make her particularly important so she just, made something up. the whole thing was driven by narcissistic delusion, its kinda crazy to me that someone can be like this lol
Well japan thought they were governed by 1,000 gods so they cud never lose in ww2. Plus w her lineage, heritage and history she prolly thought her fate as an important person like u said was sealed. She'll get what she wants alright, she's definitely going down in history. Just not the history that u probz want ure kids to know abt lmao.
The way I see it, she had an end goal in mind and an admirable one at that. The problem is she had no care for getting there. She took no time to actually look at her concept logistically and listen to the people around her and try to compromise her vision with reality. As a result all that could sell her is her background, her confidence, and bold statements along with a lot of deceiving, but that could never hold up without a viable product for long.
@@thecod2345 tbh I don’t know if her goal was particularly admirable, she wanted to do something uniquely revolutionary in medicine like others in her family did, I think if she genuinely wanted to just help people she wouldn’t have focused on something so obviously unrealistic but on something achievable that would actually progress medicine but in a way that wouldn’t be groundbreaking or make her famous. It was purely an ego thing, and if she had aimed for something that was possible to achieve and was still fueled by ego I would say it’s admirable even if the intentions aren’t pure, but with what she actually aimed to do she may as well have said “I’m going to cure cancer” with how grand a goal she had. Being an ideas guy isn’t particularly admirable imo
@@thecod2345 She was always an awful lot more interested in being lauded as ‘the next Steve Jobs’ than she ever was about revolutionising healthcare. Her ego was out of control from the beginning.
Fired for not being a “team player” what she really meant is “this team is for sociopaths only…. caring about people? Lulz, We don’t do that bullshit here”
I really needed this. I've had multiple breakdowns today due to the stress of changing prescriptions and I really needed something to take my mind off of it. Don't ever change Aubry
yikes, really sorry to hear you went through that. I really hope things get better and you can find that grounded feeling again soon. I know switching meds kinda throws off your life and makes even just existing feel strange. Some people who don't know what its like will try to belittle you, but I, as well as many others support you and although i don't even know you, i care about you because you are human.
I’m a singer and still trying to figure out how she was able to keep that low voice. I’ve heard her real voice. So I know why she did it other than wanting to model herself after Steve Jobs.
As a woman, my voice is naturally deeper than what she is trying to imitate and her fake deep voice sounds very strained, like she has something stuck in the back of her throat.
HUGE THANKS AGAIN TO GUARDIO FOR SPONSORING THIS ONE! Add Guardio to your browser today by visiting guard.io/jaubrey :)
Hey just wanna give u a quick correction. It's really no big deal but Stanford isn't and Ivy League university. It's a sports league in the northeast. U say this around minute 11.
Always so excited for a new vid from ya. less than three
Always such high-quality content
Did you check out Thunderf00t s vid on her?
FYI Hitler shot himself.
It's honestly disgusting and demoralizing that she wasn't found guilty for defrauding patients. Literally the only crime that mattered was that she lost wealthy people money, not that she put lives at risk.
Not only that, but her employees seemed to not have been given reparations either.
if the staff member that kiled himself was some politicans daughter and not just normal joe.....all sorts of shit would fly.
@@blueismylove3128 & the widow Gibbons; she deserves justice, as does her husband, who Holmes casually drove beyond the brink.
Justice is reliably done when it hurts the rich more than the poor. You can ripoff the poor, but not the rich
The American government care only about the wealthy, corporations, and money. They don't care if all of us die. They really don't.
They found her guilty for defrauding investors but not for jeopardizing the lives of patients. Typical.
As if it would be possible to only be guilty of just one? Without the other it’s impossible. Gollum lookin richbrat.
Our "justice" system is designed to protect the wealthy and powerful. Never forget that.
"What patients?" - American Government.
Tbh, I’m okay with rich folks getting defrauded. But yeah, jeopardizing patients health is so comically evil. It shows no care or empathy
white collar criminals only ever get jailed when they defraud millionaires/billionaires. defrauding the public? oh thats just business baby
My father was a lab administrator at a large hospital between 2009-2014 when Theranos was really blowing up. He always loves telling people how he saw through their advertising campaign early on. Apparently the CEO and board of the hospital he worked at kept pushing him to get some Edison machines for the labs, but my dad kept telling the board that the science behind the machines just didn’t make any sense and he doubted they actually functioned as advertised. They didn’t care. He ended up calling Theranos reps but kept getting shuffled around to voicemails, broken phone lines, and receptionists who kept claiming everyone had “busy schedules” and couldn’t talk to him just yet. He kept calling and calling and calling and FINALLY ended up getting forwarded to a random Walgreens somewhere in Arizona that told him “we haven’t had any communication from them recently.”
a week later that big article about Theranos was published lmao
Hospital CEOs are too often not medically trained in the slightest. I have a phlebotomist friend and another friend that's a professional of biology - even talking to each other, the couldn't conceive how anything could do that. Of course they both wanted to be wrong, it would be helpful! But they knew it wasn't possible.
Not even working in the medical field, but I earned some money by taking part in medical testing. Pretty sure if there was any way, shape or form to do this more efficiently, people wouldn't bother to take about three to four vials of blood even before admission to the survey and they'd ditch the permanent venuous catheter if they could do the same work with only a few drops of blood. While the idea is great, the Edison would have to be so advanced that it would tear down an entire branch of work and built it up on the same day. It's like Theranos/Holmes just claimed that she made faster than light traveling possible, lol.
I am so thankful for people like your father who stand up for patients and for science! I’m a med tech myself and it’s often frustrating trying to explain certain things to admin, and even to other health professionals. No one listening comes with the territory of a career in lab😂
@@tawt8896 😊
Every time I see or hear "Theranos", I think, "The...God of Death, basically? OH! Thanatos! Nvm!" Just me?
Being prosecuted for defrauding investors but not patients is the most American part of all of this
She was prosecuted for both, but the jury didn't find her guilty of defrauding patients. WTH?? I agree with you. Truly disgusting.
@@bwaygal4905I wish I knew what they were thinking in that regard.
100%
That's how Bill Gates is not in prison yet
Welcome to capitalism
Her entire concept was a giant red flag but the fact that her dad worked at Enron is cosmically hilarious
Ironic even...
It was way too good to be true
Guess she learned from the best🤣
It runs in the family
Yeh and her voice is stuck in slow motion
rest in peace to Ian gibbons❤ the fact that she didn’t even care to honor him or call his fucking wife back is disgusting. especially when he was there from basically day one
Just awful. My husband's boss came to my husband's funeral. He even gave me $3000 to help with final health care bill. I feel so bad for this widow.
That part of this story always breaks my heart. 😔
My heart breaks for him and his family. Especially his wife.
Absolutely cold as ice.
This comment expresses a strong sentiment of disgust towards Elizabeth Holmes' actions and highlights a specific instance where she showed a lack of empathy towards someone who was closely involved with her company. The comment reflects a sense of outrage at the callous behavior of a person in a position of power and the harm they have caused to others. It is a poignant reminder of the impact that one person's actions can have on the lives of others.
Rating: 4/5
i dont get the fetishization of dropping out of prestigious schools as if that somehow translates to "they were too good for the school" and not "they were shit students"
Especially when often times the people doing that could actually afford to drop out of those schools bc they had the money and connections to keep them afloat business wise. Seeing hustle culture goons glorify the 'grind' over actually staying in school is both sad and funny bc dropshipping schemes are nowhere close to being able to invent Microsoft.
in her case i think it was her obsession with steve jobs and emulating him (I believe he dropped out of school right?)
I believe it’s due to the fact that the person is taking a large risk and not following the grain . Like proving not everyone needs college to be successful. Also everyone loves a rags to riches story (even though people who use this almost always come from money to begin with lol)
@@tohaovershell I reckon that's what they tell themselves and those around them ("ooh I'm such a risk taker!"), but dropping out of school incurs basically no risk if you're from a wealthy family. Even if the "risk" doesn't pay off, they'll still land on their feet. To me it's just a sign of impatience and arrogance.
I mean its kinda cool though if you actually made it... Betting on yourself
Hi, Medical Laboratory Scientist here! I wanted to clarify why sometimes we need to use a test without direct FDA approval, because it's NEVER intended to be loophole like Theranos exploited. Basically, it's there so we can make slight use modifications to existing tests. A really great example that my lab uses is a drug test that is FDA approved for use in blood, and we use it to test urine for that same drug. We performed a long, comprehensive study showing that the test is just as effective at detecting the drug in urine as it is in blood. We show this study to regulators and explain our methodology thoroughly whenever they ask during inspections.
What Theranos did was take this allowance to have some wiggle room to utilize existing tests in slightly different use cases and abuse the shit out of it.
Hope that helps!
Thanks! Was wondering why Theranos never got FDA approval before it was used on the public.
Imagine being her kids and realizing the whole reason that you are on this earth was to get your mom a lighter prison sentence. And it didn't even work.
Oof.
Where's mommy, Daddy?
Prison...
For what, Daddy?
Have fun explaining that one...
@@davidcampanella7846 right
She was stuck either way if she wanted children. It was inevitable that she was going to prison and she would have aged out to have children by the earliest release possible. I do think her DNA needed to be replicated. Clearly they are academically inclined.
@@DJRenee gross
Wow, she said school isn't worth it, had a golden parachute from her family fortune, conducted a massive scam, and still talked down to other people as this inspiring image of hard work.
So much privilege she didn't notice. She was just used to having life on easy mode and so doing the bare minimum was hard work for her.
@@FictionHubZA yup yup yup yup yup what a little brat. and society is full of people like that running shit.
hospitals, schools, run by entitled businessmen wanting to fatten their wallet
she really was incredibly delusional... DELUSION... CONVINCE YOURSELF!
Ya just a woman moment
don't forget the psychotic and stupidly rich boyfriend.
The problem with Holmes is that she still doesn't think she's done anything wrong, and I bet my bottom dollar she'll be at it again as soon as she's released.
Yeah, that's EXACTLY why I thought 11 years and 3 months is too little.
She may try, but nobody will want to work with her. She needs funding from somewhere
@@Flashguy4826 The thing that really makes me mad is that all the jail time is for financial crime. For fucks sake her crimes put people at risk and probably has at least contributed to the death of people due to bad diagnosis. But that whole part just did not matter. It is all about money and not a lick about the people.
People with mental disorders like psychopathy _do not know right from wrong,_ and Holmes definitely has something like that; she has no understanding of right or wrong, no empathy, is highly manipulative,… and you could ask yourself the question why in Silicon Valley of all places psychopaths, narcissists,… and other “-ists and -paths” have it _so_ easy to get to the top.
...also her voice.
Thank god she was exposed before COVID. I can’t imagine how much money she might’ve scammed or how many people she would’ve endangered if she was still considered a ‘leading figure in medicine’ during a global epidemic.
True
Covid tests were needed en mass and.imagine if she jist added
"Oh btw.our.machines now screen for covid too"
Sometimes life.just throws a dark.humor curveball.
In this case relief for us and a middle finger to her.
Excellent point!
TBF, she couldn't have done as much damage as the president did.
Yes she could have ? By selling non functional tests ?@@mnschoen
@@mnschoen I thought it was the Indian prime minister that mattered, not the president
She didn't go to jail as punishment for the crimes she committed, she went to jail because she scammed the wrong rich person
Collateral justice, I'll take it.
@@JeanMarceauxfair enough
She went to Jail because She got Caught
@@stevenclarke5606
This same shit happens all day every day in the open. She may have gotten punished for getting caught, but she got caught because she stole from people with more money than she had. She'd have been fine if she only stole from the "poors".
@@jasondrain2030why would she steal from the poor if the poor is poor when she needed investments with something as drastic as this. In fact businesses grows with investments and in every investments is invested by rich people. Why would I choose a poor person to expand my business and possibly take more time to get to where I’m going when I can get a person with a lot money and the biggest investment and shorting the time I need to execute my business to success
Elizabeth Holmes got me an A on my ethics assignments because she was a primary example of being morally bankrupt.
By default, whomever marked it gets a A/A+ as well.
Good on you.
A true narcissist
With the "crazy" eyes.
Congrats on your 'A'! You had so much to work with that this assignment must've been easy!
At that time I was calling it bullshit for obvious reasons and I was called (with girly or woketard voice): "misogynist and jealous".
Well... facts, actions and results speak louder than words, emotions, feelings, trends and stupidity.
Her crazy eyes, her creepily persuasive voice, wierd obsession with steve jobs and the demeanor of no remorse almost explains everything
She can be described as evil.
The fake voice was the funniest part for me
Looking at a lot of the docs, I never felt that her voice was persuasive. Her mannerisms, the fake voice, and constant word salad conversations came off as incredibly condescending because she NEVER GOT TO THE FUCKING POINT. Granted, there was no point. She had nothing to talk about because she had nothing to show. But that's how a lot of the valley folks like it. They like to hear big words to pretend like they're apart of something big and...things like this happen.
girlboss.
Girl her voice sounds so gay 💀
She actually wanted the fame without the hard work of actually creating something. Very disturbing that she has no fear of lying AT ALL. A Monster in full view. 😮
She got by purely on the "GIRL BOSS", "YEA, WOMEN CAN DO IT TOO!" stuff. Journalists continue to blindly eat it up.
She came up with an idea for something without verifying that it actually can physically work. Like, sure I decide to “invent” a Time Machine, but it doesn’t mean that it’s even possible for it to work regardless of the tech I say does it.
i’ve always been really into white collar crime. the theranos case has stuck with me overtime heavily- i’ve read all the books/articles on it, watched the biopic, etc. it’s just crazy how little she cared about the lives of others. and how much people were willing to invest in a product they quite literally never saw. it’s just a messed up thing all around especially everything with ian gibbons. my heart truly goes out to his wife.
Due diligence isn't required if the money's right, I guess.
which books?! i'd loveee to read some white collar crime books!!
It seems like she really thought that as long as she kept bringing in money, the stuff she promised would come to be - delusion basically. The best way to fool those around you is to fool yourself as well.
@@Shmandalf and if it fits a certain narrative...FEMALE INNOVATOR ENCROACHING ON TRADITIONAL MALE DOMINATED FIELD. She was given a pass from closer scrutiny because everybody wanted this story to be true and nobody wanted to be labeled a sexist for actually questioning her and not letting her get away with her non-sensical word salad responses. Look at how she immediately resort to using her female victimhood card when she was exposed. All well documented.
@@mackenzieb2218 the book on Elizabeth Holmes is called “Bad Blood.” Other books that I’ve enjoyed were “Wastelands” by Corban Addison and “Dopesick” by Beth Macy. Definitely look up trigger warnings before going into them.
As a medical laboratory scientist, seeing the Hulu documentary was so frustrating. Anyone with basic education in the clinical lab can immediately see right through this and point out every way it could never work. This is why we as lab techs need to be part of these conversations, rather than just investors and businesses. *Of course* the blood started clotting, there was no anticoagulant used. There’s no such thing as a universal anticoagulant because coagulation has several stages and pathways and all of the blood tubes are specific in how they stop clotting.
What's the netflix doc called?? Can't believe they made one!!
You are correct about everything. Including consulting expert advice for investors. (Whatever professional investors do, but these here were specially selected, cheated and were also idiots). But don't be so naive. Here the experts in particular were threatened and actively prevented from expressing their opinions. Or simply put to shut up (by NDA, etc.). Also, what are you going to do about having someone like Colin Powell(Kissinger, George Schultz, and Colin Powell were all on board) act as a poster child for your scam?:)
This whole thing had no other chance as to become a scam(We don't know if it was planned as as scam from the beginning). Greed was just the multiplier in this disaster, which some participants really deserved.
Also: The public sees this scandal totally different. Holmes made ridiculous claims. Life changing and life saving claims! Now most people feel betrayed. Which is easy to understand, but because of the wrong reasons: You can't really hold someone responsible for not fulfilling his fairy-tales ... which believing this nonsense yourself in the first place did play not a small role in the whole misery;) That is just illogical. Faking patient reports/tests?: guilty .. go to jail! Scamming investors?: guilty .. go to jail! Talking with a faked deep voice?: guilty ... consult a doctor! Promising that with this new and revolutionizing snake oil your excrements smell like orchids and are worth as much as gold?: You both need a deep reality check and possibly a holiday:)
@@dieSpinnt i imagine its common practice to go from expert to expert until you find one that will support your claims and say "yes your idea is perfectly viable". Like you said they can always threaten and coerce the previous experts to keep them from telling the unsavory truth.
Shout out to my fellow MLS 💂, just got out of school and she was the example of what not to be.
I don't even have any scientific or lab background and I can see the ways in which all of this can go wrong just from a logistical and operational standpoint??? You're trying to do too much with too little. It's just not feasible at this juncture and there's so much room for error with all the tests you're trying to do on THAT amount of blood.
Her story is the definitive proof of what I've been saying all along - money is one of, if not The most powerful form of privilege. People will back you without questioning reality or morality as long as you're rich and have the potential to make them money.
Huh. Why do u need her story as the definitive proof lmao. Everyone knows money, looks and luck are three v important factors to conventional success.
@@plaster.art.ho3 because people still try to deny this.
@@plaster.art.ho3 yes everyone knows it but there's a difference between knowing it and seeing it played out in such an undeniable way
Do I see a neverlanddd????
The brain power she had on her board is what helped get others to back her. Her company was extremely small when it began. She was incredibly manipulative
As a woman with a naturally deeper voice, hers feels so fake lol
Apparently it was fake based on individuals who knew her from before.
Idk remember that guy that catfish a nlf player the guy made his voice sound like actually girl
Pretty common tactic with an interesting reason behind it psychologically. Something about how we process sound, cant remember exactly
Same. Knowing it makes us come off as more authoritative is interesting bc I've always been kind of ashamed of it. Not enough to fake a baby voice tho , lol
It goes with the black turtle neck to create an "aura of briliance".
God bless Ian Gibbons. He, a professional chemist who worked on the project since the start, simply told her that the tech wasn’t ready to go into stores and be used on real patients. She not only fired him, she also decided to continue a petty lawsuit where the stress of him having to testify resulted in him ending his own life. He was a cancer patient himself and really believed in the vision. His life was cut short due to her ego. Hope he rests easy.
@@deanjustdean7818 must be nice to think like that i envy you
@@deanjustdean7818 found the autistic who thinks bad people actually get punished 😭😭. No good deed goes unpunished. Also killing yourself over the "stress" of having to testify???? Yea maybe he didn't deserve life 🤷♂️ Dude can deal with cancer but "muh testify". Although, best case is she's getting raped in prison by a big butch dyke. Prob not tho
I don’t understand why he didn’t fight back. He had the credentials. He would have easily attained immunity.
@@woodywoodlstein9519 that’s a lot easier to say in hindsight
Sadly he wouldn't have went easy either, paracetamol overdose is apparently an extremely painful way to die 😔 I can't imagine the mental strain he must have been under at the time with everything going on
I've made it a habit to always automatically distrust anyone with access to millions of dollars, let alone rich CEOs with billions.
Yup that’s pretty much the way to be
I've made it a habit to not trust a billionaire who stares at us like a snake.
Really?? That seems odd as shite , having that outlook will only keep YOU from ever being a millionair... maybe it's where I grew up but I've known a tons of millionairs. My best friend growing up , his family had millions , lived in a 6 million dollar house , they treated me way better than my own family ... anyways , there's nothing wrong with being rich , people don't always get rich by exploiting others , sometimes they get rich from being great people at heart ... gosh your world view must be so narrow 😂
That is a wise policy.
starting doing this since 2020 and it has yet to fail me
The best part of this whole thing has to be Elizabeth sending her cheesy “poetic” love note to Sonny and him just responding “Ok.” I could practically feel the sparks flying
Knowing her dad was a part of the Enron company it makes sense why she handled her “business” the way she did.
Being in this field of biomedicine, I cannot believe that those investors did not even look at the science. The amount of work we usually have to do just to even get a chance to submit an application for funding is OUTRAGEOUS. To think that she secured funding based on nothing is crazy.
This is the question that I have. Why didn’t any of the scientists who worked at Theranos tell her that it couldn’t be done? They actually had their educations and should have known it was never going to be possible to produce the testing that she said would be possible with just one drop of blood. I therefore don’t understand how this charade was able to continue for so long. My education is in law, I don’t know anything about science, but I don’t understand why this shouldn’t have been common knowledge to all of her employees? Could you please explain this to me?
@@jennifer60515I think half of them did question the validity of the tech. Based on reports, it seems like a lot of scientists were silenced and monitored closely to make sure they just keep doing what they are told to do. I recommend watching the show The Dropout with Amanda Seyfried! It is fictionalized but of course based on facts. A few scientists were even threatened if they start questioning the actual tech.
@@jennifer60515 From watching a doc on her, it appears she fired people who spoke up
@@jennifer60515 The working environment in the company was absolutely atrocious and almost as fascicle as you would see in a Dilbert comic. Departments that would normally be in constant communication in any real company were not really allowed to talk with one another. Specific issues with the instruments might not make it to the engineers working on the designs from those actually testing the blood. Employees were threatened with lawsuits, legally unenforceable NDAs, and situations that were diametrically opposed. Some even put there very lives in danger trying to get the machines to work.
Ian Gibbons was supposed to go on trial as the lab director and testify on behalf of Theranos. To him, telling the truth might mean the loss of his job (possible blacklisting too) versus committing perjury. The choice that stood before him was so overwhelming that he committed suicide.
One whistleblower, Erika Cheung, was getting incredibly low reliability when it came to the blood tests. She voiced her concerns and was met with "bad" results simply being removed from the data. At one point,a cease and desist letter was given to her at a residence so new, that even her own mother wasn't aware of where it was; she was being followed by thugs working for Theranos lawers.
At one point, the Edisons or MiniLabs (can't remember which) had mechanical failures so frequently that employees were sticking their hands into machines with sharp instruments that came in contact with actual blood samples to free moving parts. The sheer number of risks people took with their own health is simply astounding.
Sorry, I didn't mean to become preachy or make it seem like I was attacking you. It's just that I have worked for terrible businesses in the past where I too have put my life at risk to get something done. What I went through was nothing compared to what these people went through. Things like this just brings my blood to a boil.
If you are a woman with long blond hair and you can get the right men simping for you.....
Their you go, right through the glass ceiling.
Her and Sunny staging a whole fake lab to show the vice president sounds like the plot to a Disney sitcom
That Lab was very real
@@deaconstjohn4842 no
Joe Biden lol
Drake and Josh sounding plot.
Cory in the House?
How was no one creeped out by her? It's unsettling looking at her, imagine actually being in a room with her. It's like she's always ready to take a bite out of you at a moments notice.
Her creepy eyes look pretty psychotic for sure.
I can easily list at least five girls from highschool that were *exactly* like her, and that was over thirty years ago. Some genes in combination with some parents just generate a certain amount of these ghouls. Fortunately it rarely results in any kind of intelligence or drive, so they just become social service workers instead of multi-billionaires, but every once in a while....
yeah, she just doesn’t blink at all, no biggie
I see nothing behind those eyes of hers. Her smiles creeps me the fuck out.
I was thinking that the entire time. The pictures of her are so unsettling. I think it has a big part with how wide her opens her eyes for photographs and how she does her makeup on top of it. I noticed when shes talking to someone she cant hold her eyes that open as much , and she looks less unhinged.
As a nurse, when I heard about this, I really thought what a great idea, however when I saw her, and heard her explain this procedure, I started laughing because no one would fall for this. Lol
But as a nurse, you did know that one cannot get proper test results from a drop of blood from a fingertip, right?
@@anton1990of course she knows this. but technology is changing at an exponential scale. I wouldn't be surprised if this did become real in my lifetime.
@@hang5797there aren't enough molecules in a drop of blood to identify a range of diseases, regardless of the technology.
Also, I love when people who were already privileged, and had an upper hand be it from familial wealth, or anything of the sort, try to tell other average n not as fortunate people “they can do anything if they want to.”
Like please.
Right? It's like spend a day in my life and see what you can do lol
there seems to be a huge lack of empathy coming from the wealthy towards the working class, see the case of rachel hollis a "motivational" speaker who basically called her housekeeper "the lady who cleans my toilets" in a very derogatory way and said "oh these rich celebrities have the same 24 hours as you" it truly shows how rich people are completely out of touch
they wouldn’t last an hour in an actual 9-5 job tbh
@@chewedw1re so true. The first customer to scream at them for no reason. Or their feet hurting from standing. And also the not getting a break even though it's legally required.
@@VonVikoGoat It makes them feel like their prosperity was earned when the fact of the matter is, if everyone everywhere actually had an equal opportunity to be successful, they won't have people to serve them or masses to condescend to. So they're quite happy leaving everything as is. Cons like these always work because of how people perceive wealth being something that's earned, so if someone managed to garner that much money and their family had the history of doing the same, they can't possibly be lying right? No such thing as due diligence with enough money or connections.
gotta love how she looks down on people for not working "important" jobs when she literally had everything in her life handed to her
Shes a liar, shes greedy, shes a drop out, shes a failure, and now shes a prisoner and felon. She did it all to herself.
and she herself dropped out of school.
It's the story of every single one of these people. The myth of the "self-made billionaire." Step one - be born wealthy.
As someone who’s worked in a medical laboratory for 3 years (including doing COVID tests during all 2020-2021 aka the height of the pandemic) this shit is somehow way less shocking to me than it is to the general public. So many medical labs nowadays are run by business dudes and investors who don’t know a lick about science, only caring about $$$, cutting corners, and trying to tell us with science knowledge what to do. I thought it was just my lab until I talked to older people who have experience in other labs everywhere, even in other countries. They all say the same thing. They all are money hungry and don’t care about quality, only the quantity of money coming in.
Just keep that in mind when you get a test result back that doesn’t make much sense, always listen to yourself and get a second opinion.
Its such a shame that a field that shouldnt be hampered by the greed of man.....is hampered by the greed of man. The love of money is truly the root of all evil.
@@shrimpyalfredo3933it’s scary and it’s heartbreaking. As a naive young adult, I assumed the field wasn’t tarnished by the greed and evils of the “outside world” but, alas, it is apart of this cruel world, too. I wholeheartedly agree with you.
YESSS. I’m a nurse and I’m so sick of being in facilities bought by some dude with a business degree in underwater basket weaving trying to tell us how to care for patients. It’s terrifying how they’ve taken the actual clinically trained people out of the clinical settings. I’m like, what do you need us for when you have Ted in another state who seems to think he can determine the guidelines for something he has never even heard of? It’s disgusting.
@@Nurse_MeeksO M G THE CEO OF MY COMPANY IS LITERALLY NAMED TED AND LIVES OUT OF STATE WITH A BUSINESS DEGREE 🤣🤣🤣 I relate so hard I can’t stop laughing but it makes this simultaneously soooo much worse. I’m so freaking sorry what you have to go through. these business dudes are smart when it comes to making money but god… so STUPID when it comes to science. They make the worst decisions. And they use their workers like slaves for more profit.
Yeah this is why healthcare shouldn't be shackled by capitalism. Walgreens was so worried about CVS scooping them on profits that they put people's lives at risk.
The entire board of directors/executives should have been thrown into jail for 20+ years for what they did. Holmes and Sunny didn't get the punishment they deserved, but the board got away with everything when they were just as involved.
Trust me, if board members were regularly thrown in jail for crimes that endanger people, Henry Kissinger would never have gotten the chance to join that board in the first place.
@@wendynerd1199 at this point, is Kissinger even still aware of what is going on? You can pick his pockets and he wouldn't even notice.
@@PungiFungi Cool let's do that. Let's send it all to Cambodia until we figure out everyone else who should get Kissinger Reparations.
She filled the board with people who didn't understand the technology but had tremendous credibility in certain circles. It was clever, but she's still a twat.
Her intense wide eye stare has always felt creepy even before the whole thing was exposed.
Its because wide eyed stares translates in our brain to predator. And we should be wary and/or running right now to not get eaten
And bad make up didn’t help either
there's a term for that called "sanpaku eyes". they're usually a good indicator of someone being fucking unhinged.
Like the snake from The Jungle Book. She hypnotized everyone with those large, blue ,non blinking eyes. Creepy
@@b.collins2656 - I've never heard of that term before, but on reading about it, it makes so much sense. Seeing so much of the whites of her eyes both above and below the irises was always disturbing to me somehow. Now I know I'm not the only one...
what i hate about this, is people argue that if her machine worked it would have solved so many problems, but it never worked, it was a scam from the start.
Exactly. No one said her idea wasn't gonna help people if it worked. They were pissed off because IT DIDNT yet she lied and said it did. I think she mightve had some good intentions but her privilege and greed and ego got in the way. She started it wanting it to work but her pride and ego just could not accept defeat and that it just simply wasn't possible for the time being. Maybe it wouldn't work in the future. Maybe it would. Either way it's ahead of it's time.
And she had no reason to believe it ever would work. Actually qualified and experienced people, as opposed to her high school level of education, told her before she started her dumb company that it was science fiction. Her ego was out of control before day 1.
I'm just gonna say it again. She is a literal blueprint for a Resident Evil villain... Like sure she wasn't ACTUALLY competent, and her product was a failure... but her lying nature, "charm" if you want to call it that... creepy obsession with a sociopath, and her chilling way of talking and unblinking eyes... she gives some massive RE villain vibes.
You think she’d control Wesker or the other way around?
@@huejazz6939Maybe work with, but definitely not control. Albert isn't exactly the type to be controlled and treats everyone as expendable
I’m surprised there wasn’t a segment included about how she crafted this clever, authoritative Steve Jobs-inspired appearance and demeanor-she allegedly made habits of blinking less and lowering her voice! Wild!
tbh. shocked to not see this noted either. she thought appearing more manly would get more investors. guess it worked. lol.
There are voiceclips online where you hear her real voice which sounds nothing like the weird low pitch sounds that escapes her fraud mouth
It's bizarre, her voice is cleaaaarly identified as fake but I guess not
34:45 he did.
She's just creepy!
My 9th grade Biology teacher was actually Alex Shultz, Tyler Shultz's dad. He retired that same year, which unfortunately ended with online school. (he's back now after being elected to the school board last year!) He talked a lot about how much the lawsuit affected their family, not just financially but emotionally. Theranos came after Tyler with such a ferocity that he slept with knife by his bedside, and it had a significant effect on Tyler's relationship with his grandfather, who refused to believe him for years. Their relationship improved slowly afterwards, but it was never the same after everything that happened. It's so disappointing that she got away with such minimal punishment and it's so disgusting that she wasn't found guilty of defrauding patients. As someone who barely passed that Biology class, it baffles me that no one realized anything was suspicious when even I thought everything sounded fishy when I first heard about it 😭
Wow that's so sad :(
I‘m not a scientist but even for me it is clear, that one drop of blood can‘t proof random health issues. That is common sense.
Watching all of this go down as a CMA and Cell and Molecular Biology major was absolutely surreal. It was quite baffling, knowing what certain tests entail and why they entail it, to watch people fall for the lies. This is the sort of crap that happens when you leave decisions to execs with MBAs that have never worked the floor a day in their life. Plenty of people were crying foul, but no one cares what you have to say if you're not allowed in the board room.
Yep almost anyone who’s actually worked in healthcare could tell this was a scam immediately. Gotta love capitalism!
I've been a nurse for over 30 years, not as educated as you, but I read about it and thought, how??
@@TAGMZs63 I don't think you would need a degree to see the writing on the wall. Half of all the labwork is, at its most basic level, all about concentrations. I was having flashbacks to spectroscopy labs. Especially one I botched royally because a bunch of concentrations were too low.
And the patch thing.... what? Lol. Guess she's never seen anyone hang IV antibiotics. I get this mental image of people walking around, looking like some ICU patients that end up with IV poles looking like "Christmas trees".
To be fair: there's a lot of interesting new stuff going on in the field of biosensors. Nucleotides seem to be all the rage right now and they can provide highly specific detection on very little physical space.
But yes, my first thought exactly - the makeup of the 'solution'. There's so much stuff in our blood... be it sugars, hormones, enzymes, blood cells. Measuring anything against that kind of 'noise' is impossible. Even with new sensors. Samples still need to be prepared
@@KirstenMarie_MS3 Yeah, some of these tests are a matter of measuring ratios aren't they? using a smaller sample means reducing the accuracy of the test results. One drop of blood for one test is iffy, but trying to claim 100+ with a single drop? nah. You'd need stuff like what they have in Star Trek for that.
"the charisma and charm Elizabeth was said to have espoused" 😂 😂 😂 Seriously, in every clip of her prior to being caught she comes across as so awkward and unusual I can't imagine being charmed by her brilliance.
More thrown off by her deep voice that she's clearly manipulating to sound more masculine, but she never nails a constant pitch so it's all over the place.
Tech bros will simp over any woman
@@neoasuraI genuinely bet you that this played a part in her rise. Her being a woman too made everything she did get eaten up by the media because she was such an awesome girl boss.
people thought the same thing abt sam bankman-fried, thinking that he was a genius eccentric instead of an asshole jackoff
No matter how many times I hear this story, it still manages to surprise me with the utter disregard Holmes held for the people she lied to. This technology would have been life-changing for millions, and she knew this and chose to exploit all the hopeful people and investors who believed in her. Why do I keep finding myself shocked when people sacrifice the happiness and lives of others just for a paycheck or status?
Worse than THAT? With the money she was throwing at doing research, she could have come up with something practical, but chose to chase wispy rainbow dreams.
Elizabeth is a narcissist. They don't care about other people's feelings.
You hit the nail on the head! I went to my lab to get blood work done. 3-5 days for results. Went grocery shopping and saw the "lab" at Safeway that claimed 1 hr. Safeway claimed I was boarder line diabetic and charged me. My lab came back with cancer markers. This woman can rot in hell for all I care. I'm not diabetic, not even close.
On a wider point it's becoming clear that investors have collectively lost their minds, it seems like the only triggered by Lofty promises of getting in on the next facebook that didn't want to look further. And here in lies the main problem think as yourself as an experienced investor you've heard about this new company that has raised hundreds of millions of dollars and have major partner's backing it you think you hit a goldmine but you've also think you've gotten in on the next Tesla. The whole story take the saying fake it till you make it to the next level. But what happens when the things you promise a lot more harder than you hoped? When do you pass the point of no return and just keep lying untill you get caught? For Elizabeth she just kept lying it until the very end.
There’s a pharmacy out there that still has a Theranos lab!?
Safeway is not a certified lab. Like going to Wal-Mart to get your eyes checked. 😨
Her criminology is so funny because if she was a movie villain, maybe for Stark, everyone would discredit the character for being unrealistic or lazily written.
Just shows how ignorant critics and most of the public are to how bizarre reality can be.
@Zonnie In a story, you should still make it clear why a character is the way they are and why they do the things they do. If the audience can't find an in-story reason of why a character does something, that is indeed lazy writing.
@@randomnerd3402 No, you shouldn't. You don't have to tell the audience everything.
@@PiroKUSS Well if a character has zero motivations for their actions in a story, the story usually isn't quite engaging. Of course there's exceptions when it comes to mysterious characters. I wasn't saying to tell the audience everything, but just to give clear cause and effect when it comes to the plot points, and not have a story where the characters are like, "I did this cause PLOT NEEDS TO HAPPEN."
@@randomnerd3402 Characters don't always need a cause for their actions, nor does it need to be clear. A story can still be engaging if s character doesn't have any reasoning behind the way they act, you know?
Phyllys Gardner should get a medal for calling Holmes a BS artist
I love how people invested in a young Elizabeth when she wasn’t even certified or had the official education in medicine. She dropped out lmao. It goes to show how stupid people really are even though they have money.
Yeah, she was clearly an absolute villain, but ffs the investors were SUCH fools! If _this_ doesn't prove that multi-millionaires & billionaires are not smart and did not get there by being clever in any way. It's all insider info and crap-shoots ...with old money.
Well TBH loads of big corp executives dropped out, or didn't go at all. People with passion and genuine interest in what they do can do great things for a company. So I don't see how a lack of a PhD or doctorate etc. Would be a red flag. Lots of other red flags tho. But not that.
@@johanlahti84 she has no medical training but she helped invent this? it's like how musk has no city planning experience so he thought the Las Vegas Loop was an innovation.
@@johanlahti84 it wouldn’t be a problem if it was for products like phones like her biggest inspiration, Steve Jobs, but it was medicine. She was leading the construction of something that required education and knowledge of how these things even worked currently in the field. It was a major red flag that no one cared about because the majority of the public doesn’t understand this type of science. She used that to manipulate everyone. Now she did hire others to help develop it but she made sure she was always the one people communicated their developments to and didn’t allow communication within her own company. I mean you wouldn’t want to go to a doctor who had a revolutionary new way to heal people if he didn’t even go to school for more than a year or two right Lmao
@johanlahti84 see in her case, I would absolutely believe that she was just trying to co-opt the narrative of these kinds of people for street cred among investors.
This woman had crazy eyes and a strange forced voice, and so many people believed her because she had an affluent background and threw more money at her.
35:27
We must take the Precioussssess $$ - Gollum
Too many of the "self-made" millionaires, billionaires, and celebs come from generational wealth.
Yep.
Have you heard the clip of her speaking with her real voice before she catches herself and switches to her weird fake voice? Everything is forced and fake with her image
@@samanthahoffman9168 where?
This woman is despicable and it makes me so angry that she is likely to succeed in her appeal. I don't think it's a coincidence that she got pregnant right around the time she was facing a potential long jail sentence. She brought a child into this world just to try and save her own ass, not caring about the possibility that the child could grow up without a mother for most of their childhood. I really hope she doesn't get away with this.
omg fr I feel so bad for her child. I hope her child gets to live with a different, non-sociopath family
She did both tbh, married a man she barely knew and popped out a child so she could have the image of a “loving mother and wife” to help her image, luckily it didn’t fucking work.
I don't think she'll succeed in her appeal, tbh. I think the appeal process is just buying her time and she knows that.
@@carterpitbull7366 actually i suspect her reason for having the child was along the lines of "you cant put me in jail, my newborn child needs their mother! its not fair on the child!". This is the second time shes done this, and both times the timing of the pregnancy was highly suspect. She's absolutely disgusting. I cant stand to even look at her.
It’s not likely to win an appeal on a federal sentence but she still just might.
She’s terrifying.
I have this awful feeling that she will get out of prison on “good behavior”, or she’ll just be using her Hypno-Toad powers to get out of there. She really should be serving her entire 11 year sentence.
Con artists are terrible people but medical based con artists are barely human...
No matter how many times I watch about this lady it never gets less fascinating.
this but mote frustrating for me
More vexing over here.
Honestly I never understood how people got roped into it. Not on a scientific level but all her appearances on TV and in ads always were so unsettling to me. Especially the last one in this video really gives me the creeps.
@@Sadreath ugh yeah, she straight up looks like a reptile in that video
read my reply in her weird voice
The part I find most concerning is that Elizabeth didn’t think she did anything wrong throughout this. From her view, she had a dream and anyone challenging her was just a hater. These sorts of psychopaths abound in society and we need to hold them to account.
But that really is how alot of the world works, many fake it till they make it and even when they make it, they still can continue to fake it. So I do not see her different to many others who follow same tactic. It actually helps you manifest stuff alot. Ofc it does not always workout. But what I will fault her for is using the strategy where people's lives were involved. But hey, we live in a duality world. We need those who do what we perceive as wrong to help us reflect and hopefully strive to do better ourselves. I firmly believe everyone exists for a reason, even serial keelerz.
Sadly, we can't as they now RUN society....
Citation...J.R. Biden wholeheartedly endorsed her....
(And undoubtedly asked her for several of her professional fraudster tips.....)
_"Fake it 'til you make it"_ is not ever applicable to building _life-critical medical devices that will be used to treat actual human patients._ It says a lot about Holmes that somehow, this never seemed to click with her.
@@TrackpadProductions That is why I said what I did, as I said it was applied to the wrong situation. However the covid vaccine was partially built with abit of this mentality imo.
@@danisverse man im gonna need a whole lot of sources to back up that last claim of yours, because it is genuinely dangerous to claim that the vaccine is unsafe. The covid vaccine was developed based on our already-existing vaccine for sars and it was very, very thoroughly tested. Not even the mentality is comparible at all, because there was no mentality to fake it, it was just 'try things, fail, try more things until they work' and they didn't pretend they had one before they did.
21:15 holy shit. There's gotta be something wrong like behaviorally there. Just reading that gave me chills from imagining being in that room. Some real "there is no war in ba sing se" shit
What always amazed me about Elizabeth Holmes is not that she’s swindled and fibbed… That’s a pretty common thing in startups in the tech world… Just usually patients don’t get affected, you know… But yeah, the thing that always blows my mind about her is that she was such a narcissist that she thought the reason people didn’t use a small droplet of blood to do all CBC and health tests was because no one had thought of it… Like that’s honestly astounding to me
It would be like if I said to you today “yo I had the best idea that’s gonna make me a millionaire… hear me out… Instead of using planes, trains and automobiles, and messing up the environment… From now on, we should just use teleportation pods where humans evaporate into thin air and appear somewhere else. Isn’t that a great idea?” Like I truly believed, I was the first person to ever contemplate that idea, and thought that that was what had prevented it from happening already lol.
Literally any first year nursing student, and most nurses assistance could tell you that this is not physically possible. Not with current technology. Not even close.
THANK YOU like I've thought that for so long & you're the only person I've seen saying this explicitly. Thank you.
Oh man what a great idea! I want to invest in that teleports-thing you just proposed! Lol
The closest thing we have to something like that are glucometers for diabetes and that’s just to make sure your blood sugar isn’t too high or low. But uh yeah fuck Elizabeth Holmes.
I like your thought! It's alot like somebody saying they were the first to think of a semi-truck engine that can get 100 miles a gallon... of course we all want it and it would be wonderful.... in the future it maybe possible... but like Theranos, Can you please show me first? If it is as simple and easy as you say, I'll should get and understand it in a very short time.
You don't even need to be a nursing student. All I have is a high school education, and even I know her claims were physically impossible to accomplish.
Behind every entrepreneur is a brilliant engineer that is able to keep up with the insane ideas of the former, just like Steve Jobs had Steve Wozniak. Elizabeth’s problem was that she had an idea that no engineer in the field could accomplish and she couldn’t accept that fact.
Barca Barca
"Doesn't matter, I got mine"
Nah, Steve Jobs idea was at least physically possible. As evidenced by the device I’m writing this comment on. The problem with Elizabeth was that she wanted to create a device that would almost be out of place in Star Wars
It's kind of a shame it's not possible. It would be amazing for patients and doctors to be able to get faster, easier test results. I guess it would also make a ton of money for some companies and shit but damn... it would make it so much easier for the average person too.
Also in the tech world, with enough money and manpower most reasonable goals can be eventually achieved. But in the medical world a lot of things are just not possible. It wouldn’t have mattered if she raised another 20 billion, what she was trying to do was medically and scientifically impossible. But she saw it as a tech company and thought if she kept throwing money at it, it would eventually work.
She honestly had the classic cult leader style, if she had just created a “new way of living” she’d be having brunches with Gwyneth Paltrow about Goop collabs
ok why is nobody talking about how scary this women is like she does not blink enough it creeps me out.
She was so committed to appearing legit she shoulda just used that energy and money to do something real lmao
Some people care more about appearances than anything else. To them, what others see is their reality.
She could not run any company. She could be a good PR person or sales/marketing, or something like that but never CEO. She did everything idiotically, backwards and wrong. She wasn’t just a liar, she was horrible at managing money and employees, if she got another billion dollars from investors she would have quickly flushed that right down the toilet too
back when i was still a phlebotomist, i had many patients tell me that they were wary about donating blood or getting blood tests because of the whole theranos debacle. it's sad that one person could make so many people shy away from doing something that could potentially save their or other people's lives just because of that.
That is such a shame
50 year Phlebotomy career here and LH and schzenfraud makes my blood boil. What a hack‼️
Fuck that, if they want blood they can get it from animals
BTW John Carreyrou's book, Bad Blood, about Theranos is one hell of a page turner. It's well worth the read (or listen if you're an audiobook person).
I would like to also recommend Bad Blood: The Final Chapter. It’s a podcast by John Carreyrou. The Apple Podcast version also summarizes what happened during her trial in court which was not live-streamed or anything.
I came here to post the same thing then saw your comment. Listened to it right when it came out. Great listen! Also, if you enjoy/enjoyed that book, you may also enjoy American Kingpin by Nick Bilton. I actually like that book more than Bad Blood :) It's also a REALLY good audiobook, but also a great book as well.
Honestly IMO the craziest part of her entire scam/fraud has nothing to do with Theranos. It was how anyone believed for a second that her fake deep voice was actually in any way real.
Let's be honest, the only reason she faced any consequences is because she financially hurt a bunch of rich and powerful people. Had the same thing happened and only middle class people were hurt, she would have had very little consequences. That's the way this country works.
The destruction she created around everyone is unbelievable. That poor man who committed suicide and she did not care at all. Not even calling the wife, absolutely disgusting she is. Now she is getting all the karma back. She deserves every punishment
She is getting zero karma back. She is filthy rich and still sees her children
No such thing as karma only repentance of sin asking God’s forgiveness. Karma is an illusion form of vengeance witchcraft. God says he only will take vengeance if He sees fit.
@@studiosingerlet keep the fantasy where it still be
Trust me
With the kind of her narsicism characteristic pieces of sht
If the karma dont play here
I am ready to fly to the prison where her in the jail and give her Copper cope candy in her brain and let her back to ashes as the way should be...
I just quite hate these narsicistic crap like them
Hope i and everyone could move on their life and avoid this
With out narcisism
The world *COULD* be better
I still felt empty and quite hopeless
Look like i wont have a roll at anythings but it will be better than that lying crap (hope i wont end myself in misery of insignifican and regret life ... hope so)
@@studiosinger
You sound satanic
That’s the cost of successs
The funny thing is, if she really developed her original, smaller idea of something more convenient than a nasal swab, she's have been seen as prescient and been very successful if she'd had it working by 2020. Probably wouldn't have made her famous, but we all would've used that invention by now.
She wasn’t a talent for humanity, she is/was a grifter for self aggrandisement. Hence the miss.
I had a tyrannical retail manager who had a portrait of Elizabeth Holmes in her office. The picture always made me feel uncomfortable. Seeing these videos about her and reading about Theranos have made me realize how justified that feeling was.
Birds of a feather flock together.
It all makes sense
9:19 Not excusing her behavior, but as someone who grew up in a house with a sliding glass door that had a screen door that would easily blend into the background in certain conditions, I can’t really hold that against her. At one point or another, everyone in my family, pets included, walked or ran through what they thought was a wide open door but turned out to be a closed screen door and blew it off the tracks because they just didn’t see it until it was too late. It was such an annoyance that my parents eventually just took the screen door off completely because guests not familiar with the house ran into it constantly. I can totally see how a kid, especially a kid throwing a temper tantrum, could walk through a closed screen on multiple occasions…
Same. I am very easily distracted and the number of times I have walked into a glass or screen door is way too high
Yea same here, once as a kid I ran straight into one and tore the whole thing off the track lmao
You know that makes more sense than the picture of a tiny bug eyed blonde girl running full force through a screen door screaming about monopoly that envisioned
We had that too at my grandma's my grandma put stickers on the glass
@@melissahemenway8427i think it wasn't the glass that was the issue, it was a screen behind the glass so the glass portion of the door would be open but then ppl wouldn't see the screen mesh behind it and run into it
Her face gives the vibes of Zuckerberg, but instead of "haha funny lizard man" it's "This human has no human emotions" and it's genuinely _creepy_
As it should be. She has no empathy, it's all ego behind those eyes
they are autistic ❤️
Its so crazy that you can face up to over 100 years in prison for defrauding people, but murder or rape barely has you facing 10 if that many
If you fool rich people out of their money because they’re idiots they will come for you every time.
Idk about where you live, but where I live murder convictions of any degree start at 20 years and only go up from there. Anything except third degree is life in prison, no parole.
what are you talking about "murder only gives 10 years." Elizabeth only got 11 years anyway. You face up to 100 years OR MORE for murder much of the time. People often get less. That's how court works.
randomly dropping very wrong comments
but yes, go on about how white collar crime deserves even more leniency.
also she gOT PEOPLE KILLED DUDE. did you WATCH?
Arnold Schwarzenegger loves to give inspirational speeches at universities about never giving up, about never letting people tell you "you can't do that", about how "anything is possible" if you just work hard enough for it.
Sometimes he is just outright wrong. Sometimes those who say "you can't do that, it's impossible" are actually right.
Yeah maybe actually make something that works and don’t lie to the world
Ya, that’s what I always said about her. She believed so strongly in all those inspirational quotes about never giving up, getting back up when you fall down, shooting for the stars. But all of those inspirational quotes assume that you are operating in the realm of reality. If you are trying to do something scientifically impossible, you might need to give up and move on to something else.
Speeches are like who is that for?
Everyone grsduating already is going to the top 😂
People failing arent there to listen to it and even if they are not like they'll 180 on the spot
She destroyed so many lives with seemingly no compassion for those around her. Something about her always freaked me out when I was younger I always thought it was her uncanny valley like appearance with wide eyes and a smile that never really felt genuine, but now that I know the crimes she committed and the stories of the victims I'm able to recognize that she was always a real life monster. 10 years as her sentence is far too short. I'm thoroughly disgusted.
For a psycho like her, 10years is good. And she is middle aged. May she find God in that decade
At least a lot of old, white, overprivalaged men lost their money to a blond fraud. That's one victory.
She's an intitled c*$t!!
Honestly we're lucky she got over a decade considering she didn't kill or seriously injure anyone, just put people at risk. Meanwhile people who sadistically torture animals for nothing but psychopathic fun get house arrest globally.
Fetal alcohol syndrome.
Her eyes genuinely freak me out. It’s like looking into a glass window, absolutely nothing there
agreed
Really sad but unsurprising that people like this only see prison when rich people take a hit.
Great job on this video! Loving all your essays so far.
Fitting that Pissinger was involved in a dangerous scam given how his whole career was based on hurting others
He's living proof that some people are so evil they'll never die
Genuine war criminal, lauded as a "hero". Feh!
I'm really surprised he's not dead yet. Mr Rogers only lived until 74, but this demon sticks around? No justice in the world.
"Satire died the day Kissenger was awarded the Nobel Peace Prize." -Tom Leher
@@carolyns4519 Thanks Carolyn now I have to go listen to Lehrer's Periodic Table sung to the tune of "I Am The Very Model" 100x in a row bc his name just instantly earworms me back to my first Lehrer lol.
A friend & I bitch about this so much when our faves or decent people pass away that it's basically shorthand for all our sorrow + bitterness + existential despair to just reach out to one another with an eloquent "...& yet Kissinger goes on...". It's like the Grim Guy doesn't even want anything to do with him.
The sad thing about her is that she started out on the right track, if she had just pursued her chemical engineering degree she would have had the knowledge and capability to do something genuinely great and improve medical technology in a meaningful way. She took a shortcut that ended up leading her nowhere.
She was never interested in the science. Her aim was to be lauded as ‘the next Steve Jobs’. That informed all of her immature, egotistical behaviour.
I don't think so. I doubt getting a degree would make her less willing to lie to investors, if anything it'd just make her lies *more* convincing.
@@Colddirector the point is that she wouldn’t have to lie to them though. She could have actually just made the shit she was telling investors she was going to make.
@@sekiro_the_one-armed_wolf I'm no scientist, but everything I've seen from actual scientists indicates what she was promising was straight up physically impossible.
truth, but due to her narcissism i doubt she would be satisfied with contributing to research in a meaningful way, bc that would mean years and years of education, academic papers and lab research, in exchange for zero recognition or profiles in the forbes. real research takes a lot of time, and a lot of work, and she wouldn't put either in bc that wouldn't make her a billionaire.
Genuine question. Why are people who spill the beans about what goes on behind closed doors called "whistleblowers"? If these people hadn't come out when they did, things could've been so much worse, so much faster. These people should be lauded as heroes not called a name that makes them sound like a scuzzbag.
whistleblower isn't a bad thing imo! it usually means 'someone on the inside who blows the whistle on some corruption, wrongdoing, fraud, etc going on behind closed doors"
Whistleblowers are also part of the whole scheme, but are the ones who end up spilling the beans because they're scared of the consequences. It's true that they exposed the scheme, but they also took part of it until they got anxious of being found out and prefer to expose it. They'd be seen as heroes if they didn't assist the conartists and were outsiders in all this.
What's funny is that evidently the word was used by Ralph Nader in the 70's to avoid the negative connotations attached to "informer" or "snitch". I do think whistleblowers should be praised more for doing what they're doing, but I think it's one of those things where not many whistleblowers are really appreciated in their time.
They're called whistleblowers because, by informing the outside world of the bad things that are happening in secrecy, they are metaphorically "blowing a whistle", drawing as much attention towards this situation as they can.
Methinks it's meant to liken them to a referee stopping foul play.
Not derogatory at all.
I'm obsessed with this video. I've been listening to it every night for the past 2 weeks. Top tier sleep factor.
I'm a medical lab tech, and a service engineer for a laboratory technology company. This case always intrigued me. My friends and I would discuss and laugh about it. Many of what she promised is beyond physically impossible for many of the tests based on simple parameters. Finger prick blood is not clean enough for many tests on principle alone. In simple terms, finger pricks are contaminated by fluids in the skin/finger. This would immediately make it unacceptable for coagulation studies and many chemistry tests. I was excited for the idea, but it's WAY ahead of the time. I can see an idea like this coming back around when technology improves. The chip idea is the future for sure, but way off future.
Thank you for sharing your knowledge.
So why didn't regulators pull her up earlier for something that's improbable with today's technology?
Edit: I just got don't be part I the video which stated that there is a loophole where if your test are used in only one lab, the you are not required to have the process approved by the FDA. The loophole still exists! Theranos 2.0 is coming in the future.
It is possible with nanite tech. The sci fi concept of tiny robots p much like 10k of them all scrubbing the droplet of blood.
But thats also waaayyyyy into the future farr faaarrrr future.
But yeah they do blood work they take out like 3-6 vials full of blood to really really be sure.
At best a drop can do is check for diabetes. Mostly because of sugar concentration per drop. THATS IT
If you want actual factual accurate blood tests you're gonna need ALOT of it not just a few drops.
Itd be more sensible / scientifically possible to add a chip in your body to keep checking you like those clothing magnetic security tags things they put on people woth diabetes to check their diabetes without needing to the stripprickings for blood drops.
RIP IAN GIBBONS
His story is so heartbreaking.
Justice for the Gibbons Family.
Definitely shows what a cold woman she is
I'm shocked you never mentioned the bizarre vocal fry she had to keep up for almost a decade since she thought it was the only way for her to be "taken seriously"
why is it necessary to mention? it doesnt have to do with her scummy behavior. plenty of people put on voices for professional work and she just happens to be "bad" at it so its more noticable
I think it is great because the fake voice has over shadowed the real issue with Theranos and Elizabeth Holmes and the seriousness of the fraud, literally playing with people's lives!
@@deanjustdean7818 struggled with tobacco addiction sounds so stupid!
@@Starae336 They likely meant “nicotine addiction”, but you understood that. Don’t be rude.
i remember when i worked for a blood supplies company i heard a glimpse of our technician specialist and a former er doctor saying that - ha, some girl is trying to do that, and when asked why she can’t, he said that a) if it was possible, it would have already been made and priced madly b) the amount of blood she said was needed is not physically possible to test for all that stuff and c) the fact that blood is taken from capillaries won’t give an exact result anyway
Honestly I always say that I almost think that the investors (at least the original investors) had it coming. She basically just came in with a nonsensical pitch and batted her eyelashes and they’re like SHUT UP AND TAKE MY MONEY
Futurama, right?🙂
This is genuinely such a well thought out, well-researched, and well-written recap of this story. As someone who's been a subscriber for a while, I'm proud! You keep improving each video.
How the heck can anyone view Elisabeth's smile as anything but psychotic is beyond me
This was such a well put together video! Very informatiive and one of the best ones i've seen covering Elizabeth Holmes.
No charges for risking the lives of patients? Absolutely no care, regard, sympathy or empathy has been shown for them.
The most underrated channel on this platform.
Precisely!
Underrated with 1 million subs?
@@fatbgmanbg975 Exactly!
@@itshorrifulpeople have more subs than him and people barely know that person
The most overused comment on this platform
her whole character is genuinely so unsettling. it’s almost unbelievable she’s a real person
11 years for defrauding investors but nothing for defrauding patients. America!
The real tragedy, apart from Ian's death (but also related to it) is that if Holmes had been more flexible and not lied to investors, Theranos could have perhaps made big gains in medical technology. It had a core team of dedicated scientists and engineers who genuinely wanted to make new, groundbreaking medical tech. It's clear Ian especially was super dedicated to his work. But instead of using their money and time to focus on what they COULD change and make better, all of these dedicated individuals were forced to try to make something work that was simply impossible to do with extant technology, and then to waste so much time reinforcing Holmes' lies. And while they may not have gotten nearly as much money with more realistic pitches, they still probably could have gotten solid investment given Holmes' charisma and ability to sell to investors.
Big gains, that's all that matters on the planet. Money = morality. Rich person = good person. GTFO here.
Schordiner's scam
Without the pitch no one would really care.
Theres a dime a dozen medical start ups out there.
In a way the lie got investors. If she really wanted to work an honest job in medical would be not start her own start up but be a rep peddling whatever big pharma companies make every year.
P much marketing.
I've worked the last 15 years in the medical device industry, Theranos actually used our companies instruments and tests to run patient samples. At the beginning everyone in the industry was all saying that this was the future and all of our medical device companies would be out of business in 5 years. I got to see slowly each year as the whole thing came tumbling down. When going onsite to fix our instruments in their lab, they would put black tarp over all their machines so we couldn't see them and have a security guard follow the person even to the bathroom.
This, right here, is precisely why the term "girlboss" has fallen out of fashion outside use cases rooted in irony for the sake of humor.
she is THE girlboss. absolute sociopathic behavior, god bless
The fact that I thought “she’s just girlbossing” then saw this comment LMAO
revolutionary girl utena dismantles the 'girlboss' concept very well. everybody go watch utena
didn’t know fugos stand had such interesting thoughts
Girl boss had no business being a thing anyway it’s fucking lame. And I thought the ceo of nasty gal coined the term ? Or she just used it to name a book?
It's ridiculous how companies can get so much praise with zero working products in market.
I'm just a medical coder but even I found her claims outrageous. They really sounded too good to be true. Turns out, it _was_ too good to be true.
Exactly that’s the point. But it will happens again, believe me.
around the same time as Theranos we had a similar thing here in New Zealand. A reputable start up had an ai robot that would 'sit in' on GP visits and then transcribe a summary of the notes and upload them to the doctors servers.
It seemed to be amazing at first, possibly saving hours of time a day for GPs and allowing them to see way more patients and still have excellent notes and records. Then the times began to lag, from a few hours to days and then strange drops in what was being relayed, which made some GPs suspicious. turned out the guy had just installed a voice recorder and was hiring transcribers to 'take notes' and provide the text for upload- no ai at all and a HUGE privacy issue to boot. I dont remember how it all washed out for the guy, but it was pretty theranos-y lol
That’s insane !
Good night! Do you recall any details like a name? That’s wild!
@@lordkarellan7808 A doctor who got his patients to share their medical details with a fake "super computer" says he is certain their privacy was not breached.
In about 2017, Dr Robert Seddon-Smith, who has two GP practices in Christchurch, recruited about 30 patients to agree to recordings of their consultations being sent to a revolutionary super-computer called Zach, valued at nearly $500 million. The artificial intelligence (AI) technology could apparently listen in on consultations and churn out accurate notes.
In fact Zach did not exist and Seddon-Smith was sending the recordings to a fantasist named Albi Whale, now about 27, who had constructed an elaborate fiction about Zach. It appears that, instead of Zach turning the recorded consultations into patient notes, Whale was busy transcribing and sending the reports back to Seddon-Smith.
After an investigation by Internal Affairs, Whale's trust, the Terrible New Zealand Charitable Trust, was struck off the Charities Register late last year. Albi Whale, the self styled "protector" of the trust and his father, David, have been banned from charitable trusts for three years for breaching their obligations and serious wrongdoing.
i didnt know about her family history, that rly adds a lot of context as to what motivated her to do this. bc I think she genuienly believed, deulsionaly, that she can get this invention to work. i dont think the intention was to steal money but to become someone important, but she didnt have anything that would make her particularly important so she just, made something up. the whole thing was driven by narcissistic delusion, its kinda crazy to me that someone can be like this lol
Well japan thought they were governed by 1,000 gods so they cud never lose in ww2. Plus w her lineage, heritage and history she prolly thought her fate as an important person like u said was sealed. She'll get what she wants alright, she's definitely going down in history. Just not the history that u probz want ure kids to know abt lmao.
The way I see it, she had an end goal in mind and an admirable one at that. The problem is she had no care for getting there. She took no time to actually look at her concept logistically and listen to the people around her and try to compromise her vision with reality. As a result all that could sell her is her background, her confidence, and bold statements along with a lot of deceiving, but that could never hold up without a viable product for long.
@@plaster.art.ho3 Don't forget that they thought Hirihito was a god as well. It's crazy what a bit of lying and self deluding can make people do.
@@thecod2345 tbh I don’t know if her goal was particularly admirable, she wanted to do something uniquely revolutionary in medicine like others in her family did, I think if she genuinely wanted to just help people she wouldn’t have focused on something so obviously unrealistic but on something achievable that would actually progress medicine but in a way that wouldn’t be groundbreaking or make her famous. It was purely an ego thing, and if she had aimed for something that was possible to achieve and was still fueled by ego I would say it’s admirable even if the intentions aren’t pure, but with what she actually aimed to do she may as well have said “I’m going to cure cancer” with how grand a goal she had. Being an ideas guy isn’t particularly admirable imo
@@thecod2345 She was always an awful lot more interested in being lauded as ‘the next Steve Jobs’ than she ever was about revolutionising healthcare. Her ego was out of control from the beginning.
Fired for not being a “team player” what she really meant is “this team is for sociopaths only…. caring about people? Lulz, We don’t do that bullshit here”
I really needed this. I've had multiple breakdowns today due to the stress of changing prescriptions and I really needed something to take my mind off of it. Don't ever change Aubry
Touch grass
hope you're feeling better :) medical stuff fucking sucks and can be genuinely terrifying, esp depending on what you're treating
yikes, really sorry to hear you went through that. I really hope things get better and you can find that grounded feeling again soon. I know switching meds kinda throws off your life and makes even just existing feel strange. Some people who don't know what its like will try to belittle you, but I, as well as many others support you and although i don't even know you, i care about you because you are human.
@@local_authority based reply
I hate that for you. I have to do that many times and it’s just awful. When I deal with this I like to take hot baths. It soothes the nervous system.
I just can't believe she was jailed for only 11 years. Seems like not enough time for what she's done and the lives she put in danger.
She wasn't jailed. She still hasn't sat a day in prison neither has Sunni
There's no way she didn't get severe brain damage from running straight through several screen doors as a kid
I’m a singer and still trying to figure out how she was able to keep that low voice. I’ve heard her real voice. So I know why she did it other than wanting to model herself after Steve Jobs.
As a woman, my voice is naturally deeper than what she is trying to imitate and her fake deep voice sounds very strained, like she has something stuck in the back of her throat.
Amanda’s performance is so PERFECT in the series documentary. It’s eerily spot on.
Tbf Holmes' image is extremely practiced and intentionally distinct
@@realleon2328 yes but still