How Elizabeth Holmes sold the idea of Theranos to employees, investors: Nightline Part 1/2
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- Опубліковано 25 вер 2024
- Holmes' technology promised to run hundreds of tests from just a drop or two of blood, but it was a promise she would never fulfill.
WATCH THE FULL EPISODE OF NIGHTLINE: bit.ly/2RR3UPK
'Nightline' documentary, podcast: 'The Dropout,' the story of Elizabeth Holmes, Theranos --- abcn.ws/2SYNUY7
no one:
Elizabeth Holmes:
👁 👁
👃🏻
👄
Wow, your emoji is looking right into my soul.
OOF. Never knew an emoji would look this scary.
😂😂😂😂😂😂😂😂😂
Oh my 🤣🤣🤣🤣
:v
Maybe those extra chemical engineering classes would have helped
Education doesn't help sociopathy.
Karl Wa yessss.. lol maybe finishing college would have been nice.
It wouldn’t have done anything
You are absolutely right
Ken Kennedy - yeah you’re right ... thought of that as the video kept going.
What if her 2 very last classes were titled "Why it's scientifically impossible to test a drop of blood for 250 diseases." And "Ethics."
B Rael Let alone Ethics in Research and the IRB.
Lmfaooo
It isn't but it's not an instant test
@@trexmidnite They'd only try that in China.
@@andrewmcguinness1845 its already china aproved to test 999 deseases, or they can put higher number on package if you like
As a lab tech for 35 years I knew this was physically impossible. Imagine my surprise when I saw a sign outside the drugstore!
You saw an actual Theranos sign at a Walgreens? In AZ?
@@mrsx7944 Yes I did!
lol try religion! A magic being in the sky who created all of us, this huge universe, all he wants from us is to believe he exists! and he will reward those who believe with eternal life of pleasure in his charity Retirement Home in the sky!
Billions will get to sit about in an idle, lazy, useless and pointless existence for eternity!
And billions blindly believe!
She literally sought a medical professors advice and they told her it was physically impossible at the time given the technology they had at the time. And all she did in response was find a different professor who happened to be an engineer
Jackie, DID IT WORK? of course not but did you inform the drugstore?
So at 19 she claimed to have invented technology that she didn’t have and no one ever checked her? They just blindly believed her?
I know! And later nobody went to audit the laboratory???
Kim Go also known as white privilege.
@@KD-jv7ez You don't have to be white to get away with insane crimes. Look at R Kelly. You just have to be charismatic and have a lack of morals.
They collectively invested nearly a billion ?!?, in a teenage dropout with an obviously fake voice and case of narcissism, and never bothered to actually check if she even had a product. Proof billionaire investors can be as dumb as it gets.
@@KD-jv7ez more like female privilege
"Obsessed with Steve Jobs" should have been the first red flag.
Why
0:34 being recommended by Jim Cramer was the second red flag
As big an egomaniacal jerk as Steve Jobs was, at least he presented ideas that were feasible. He was a great marketer and charismatic figure, but he had the right guys in the room (Wozniak, Howarth, Ive, etc.) to develop his idea. Holmes had nothing but her hubris. Her technology could never work, and inventors knew it, but they'd get fired or sued if they admitted.
@@sean2015 LOL
thats fuckin funny
"you swear to tell the truth"
*fake voice* "i do"
🤣🤣🤣
😂
😂😂😂😂😂😂😂😂 you are funny
😉😂🤣
Haha Nice one
It's just so hard to imagine that an investor would hand over 100M, without hiring some expert for like 50K to go spend a week or 2 investigating/researching the company to check if they actually had a working product and business model.
Elizabeth wouldn't have allowed that. She would have played hardball, like many CEOs... with a line like, "Either invest or walk away. We don't show you how it's done."
Called Greed
So many tried but failed to do so. She told them it’s a very confidential information and interested investors might steal her operations/idea.
Expectation: "Theranos is the Apple of healthcare".
Reality: "Theranos is the Fyre Festival of healthcare"
@Tidder T Apple developed working products though
@Tidder T Oh i smell stinky android shithead around!! Hahaha
Most of Silicon Valley is the Fyre Festival, not the next Apple
@@quangnhatho8331 And I smell the last boo boo the fool who still believes that iphone somehow worth its price.
that’s a very apt comparison, lol
The fact she became a billionaire without doing anything real is actually hilarious and shows these institutional investors are not as smart as we think lol
Almost makes me think that communism ain't so bad.
Well, almost.
She’s white enough said
@@jelisamiller5589 True.
How you don't believe your own blood 😂 get it your own blood I crack my self up like I would crack that machine
Stanford dropout, pretty, educated, intimated girl with a fake deep voice & amazing marketing tactics, anybody would fall for her lies blindly.
I'm certain she slept with a few to get a lot of deals made.
Elizabeth dropping out of college because she thought she didn't need a few more classes reminds me of the "Dunning-Kruger effect". The less knowledge you have on a subject, the more you risk being over-confident about said knowledge, while the more you learn the more you realize how much you don't know. Had she taken those classes, she might have realized she wasn't the expert she thought she was.
I believe she never intended on trying to create this 'miracle' machine in the first place. Common sense would tell you it is impossible. It was a carefully crafted scam from the very beginning.
Emil that is a very good point.
It was a scam. Don’t over complicate it. Same with wework.
What does school have to do with this? There are plenty of successful dropouts. You don't learn everything in school. Her problem is of character, not of knowledge.
I think she dropped out of college because she wanted to make a image about her like most of the successful businessmen's are college dropout and everyone would compare her with to those businessmen's
I have to give my PCP a lot of credit. I asked him about Theranos a decade ago when Holmes was making big headlines. He laughed and said they're faking it and it would never work. He was spot on accurate.
She is not a Self-made success story. Her father was Vice President of Enron and was was worth millions.
Lol of course it was Enron. No kidding
Reallly?!?! That’s just too ironic
d campbell, I am sure he was a conman. The apple 🍎 doesn’t fall far from the tree 🌲
@Sono EXACTLY
@North American UA-camr I see what you did there.
I’m mostly amazed that Walgreens cut the deal without having any medical proof.
Afraid of their competitor getting the deal first
RIGHT? not just investing but QUICKLY putting them in stores!!!!
You're amazed that Walgreens smelled money and that made them lose all reason?
@carlos Rivas Fellow bad blood ready I assume
Investors always dream of getting on the ground floor of the next revolutionary idea. They think of people who invested in Apple in 1978.
The only reason Schultz didn't believe his grandson is because he had so much money invested in this product already.
Money will make you turn against your own blood.
Or because he is an old fart with dementia.
vladimir iv lmAo
The term is Sunk-Cost Fallacy, just fyi.
I commented on the video that teased the 60 Minutes interview with him. Sometimes the apples rolls a long way from the tree.
He loved Holmes like his own.
The reply email sent by Holmes says it all.
When a narcissist is caught they get outraged. No guilt, no shame.
They will even attack the person that exposed them.
“I was at the point where a few more chemical engineering classes wasn’t necessary for what I wanted to do.”....... apparently they were honey
No they were not because she wanted to scam from the beginning
"a few more." TWO MORE YEARS of coursework at one of the best colleges in the world
Not if she just wanted to lie. You don't need college for that.
@Cliff Yablonski With a boss like that? You gotta do what you gotta do.
@Masterr Laster She didn't have the necessary components to build her device. If she'd waited and gotten her degree, she might have learned how to make the thing.
I'm a 6 foot 3 black man and her voice is deeper than mine
lmfao!!!
Eljay Shichi Her actual speaking voice is higher. She used the deeper voice whenever she was interviewed.
Of all the things you could critic her on, smh..
😂😂😂😂😂
distortdude80 not as long as hers
In related news, Elizabeth will be launching a music festival next month. VIP tickets start at $1000.
Any famous models attending?
Who's gonna take one for the team?!
Sux for whoever has to suck
🤣🤣🤣🤣
Hahahahaha
I'm still amazed how Elizabeth Holmes sold the idea to so many billionaire investors without ever being questioned about the practicality of it. Even if her idea was plausible in the real world, it would take lots of knowledge combining biochemistry, medicine, and engineering. Considering she dropped out after freshman year, there was no way anyone like her could have that much combined knowledge and experience to achieve something like that. I wonder, if the investors ever asked her who developed these machines and what's the principle behind it? Granted, hype can push you a long way in Silicon Valley, but this was not developing a software app, she was playing with people's lives. How come these investors didn't worry about the risk factor?
bc none of them had a viable product to begin w and they figured if they threw enough $ at it, it would eventually materialize. assuming risk in that it may flop but the brunt of responsibility rested on her and her partner. which they were pretty damn convincing. ultimately, the success or failure of the edison wasn't the ethical problem of the investors, the hit was the loss of capital. these guys have $ to blow anyway. some of them recouped their losses.
never trust a girl who doesn't blink and has a sound similar to F650 Diesel truck
Hahahaha
Is that really her real voice 😱😨 she scares me
@@Paixpeacehippy its not her voice is fake
Hahaha
payam Moslehi Hahahaha omg
She tried so hard to become the next Steve Jobs and she ended up as Steve Jobless LOL
Lol 😂
lmao 😂😂😂
U made me laugh ❤️
I see you everywhere, bruh.
More like Kenneth Lay
Apparently she wasn't that bright in high school either, a "C" student. Using her dad connections, she back-door her way into Stanford.
Sometimes she would use her back-door aswell to get what she wanted in life.
How do you know about her grades in high school?
Don't most people at those prestigious schools?
You don't need good grades to be intelligent nor do you need to be intelligent to go to college. Unless it's Stanford of course.
@@GoldenSpike300 She and her family are full of yeast :-P It's the Fleischmann's yeast...that's her family.
successful people don't become that way overnight.most people you see as a glance-wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..
Starting early is the best way of getting ahead to build wealth, investing remains a priority. I learnt from my last year's experience, i am able to build a suitable life because I invested early ahead this time.
I urge everyone to start somewhere now no matter how small, this is literally the time for that, forget material things, don't get tempted,i became more better the moment i realized this.
Profitable Investment one can do convenantly at this moment are
: Estate
: Share
: Stocks market
@Funmi Tejeey
you're right
Forex trading is surely a lucrative way to invest whether you want growth, leverage, stable income or something in between.
Tyler Schultz is the true hero of this awful story. The amount of harassment and threats he went through would have made most people give in. If Theranos had not been exposed people would have died.
willrsan - Tyler Schultz wasn't the person who exposed Theranos. The fact is, it was common knowledge that Theranos' medical devices - their Edison blood analyzer and nano-tainer - were never approved by FDA and FDA's device section. Absent that approval, I don't know who she could have scammed.
In fact, it's the reason her lab equipment wasn't used in hospitals, Medivac helicopter, or on the battlefield.
@@puma.will.pounce7590 While it was common knowledge (at least to those in the industry), there were still people who had no idea what they were doing.. Or not doing and that had to be exposed.
Some probably did but reporters are sued so often they have be careful about reporting the truth about people like Lizzy Holmes.
Even more so Erika Cheung. Very noble of her to sacrifice her job and risk getting sued when she comes from a poor family and just started her career.
Tyler Schulz is my hero. He used his privilege in the best way one can.
The kid is a hero!
I think she should have been compelled to use her real voice under oath.
would that be her true demonic voice?
ua-cam.com/video/p9lp73GNqxE/v-deo.html real voice
@@krystinar3885 Have to agree about the vocal pitch that if have a high voice it makes many people take ya less serious. But, amaze at how well she can deepen her voice.
Indeed. I think (I'm not certain, but I think) it would be admissible for a prosecutor at her eventual trial to ask her, on cross, something in the form, "Miss Holmes, it has been alleged that many of the things you have said and done have been deceptive, including aspects of how you choose to present yourself. I ask you now, have you been addressing this Court in your natural tone of voice?" I think any objection could be challenged on the basis that the question relates to the credibility of the witness, and it does: if something as basic about her as that is confected, it casts grave doubt on her credibility in other respects.
"The Power of Christ compels thee!" (the Exorcist)
As a medical student, this story is so upsetting to me. In the medical field, we always joke about how investigations for a patient with vague symptoms is “bloods, bloods and more bloods”. But beneath that joke is the undeniable fact that accurate blood test results are vital for medical professionals to guide clinical decision making and provide management plans for patients. Theranos was lying to patients and doctors and putting patients’ lives at risk.
This is like the Fyre festival of healthcare
Sandy Tran truuuee
🤣🤣🤣🤣🤣
Amazing
Lmao true
no one:
elizabeth holmes: 😳
Screaming
Underrated 😂
i dont understand?
LMAOO
@@saharasafari4529 cus ur dumb
The Walgreens CEO should be fired immediately.
The funny bit is Walgreens did hire a consultant to look into the business and the consultant did not recommend going into a deal with Theranos. They did it anyway.
@@rumblefish9 greed.
What has Walmart CEO has to do with this video? :(
@@bluzane Walgreens. Not WalMart.. Because back when this first started Walgreens put her fake Edison blood testing machines in their stores. And used them on real patients.
I love the “I’m not wearing makeup now. I’m just a normal, relatable human being.” look she goes for once caught. 100% a very clever manipulator changing her skin like a chameleon as it suits her.
how did she manage to find a guy younger than her, MR. no brain who is also a multi-millionaire to mary her?
@@samb4697 Some would speculate she has strategically become a mother to try and avoid or reduce a jail sentence.
@@graemehunt4378 You are right! Her lawyer told her to get knocked up and she would get sympathy from the judge. I feel sorry for that kid. How would you like to have that psycho for a mother.
also she starts wearing her hair down and tries looking more feminine to make herself look innocent and fragile instead of trying to appear masculine to seem smart and powerful like before
Like Amber Heard
19 is a very young age to become crazy. I guess she was always crazy.
late teens early twenties are when mental illness shows up.
@@madelinedittmer2995 Thats very true.
At 19, I was drinking copiously in Canada, being able to boot scoot over the border where I was legal......l
Jortiz yeah I know I became crazy at 23
I was always crazy
She sounds like she's her own witness protection program
Omg🤣🤣 genious
😂😂😂😂😂😂😂😂😂
Also, in order to do diagnostics you need a statistically significant sample. This involves taking large amounts of blood to run that many medical tests, versus a drop. You can’t get both serum calcium levels & white blood cell count from a drop. Which negates the possibility of 100s of blood tests from a drop to begin with. It’s a bit shocking how anyone believed this malarkey.
All you need is a single drop of blood.
This is one we CAN blame on the media. They kept telling us how much of a genius she was, built up her ego, and now they are wondering how people came to believe in her.
really good point.... wow.
Lmao so true.
Greed
Dollar signs
Celebration if self
Pride
Hubris
In other words the very best of Capitalism
The media think that OJ is innocent, too.
@@dude999642 Dale is it really the media though?
It's the owners controllers of media
Cause the employees are just that they taking a pay check like anyone else how much power do they have if they need to keep their jobs.
But the military industrial complex and the political powers. I mean her Board read like idk the joint chiefs or something...😃
It ony take one brave person to spill the truth. Tyler Shultz just saved a lot of money for alot of people.
Theresa B. Holmes sued him for blowing the whistle on her sham. Tyler Shultz's parents are in debt for $400K of legal fees because his grandfather George is an old fool.
Sounds like his grandfather's mind was flat-out poisoned by this woman...she must have been a pretty remarkable web-spinner.
Theresa B. And lives
@@angielagou That's so true
He didn't save any money for anyone. All the money everyone invested is already lost. The company is worth zero today.
I’m floored at how this company was worth soooo much money with a product that NEVER worked. How did that happen?!
femimism. msm just wanted to promote a girl doing something. name a scientific thing women made. see? they had to promote it. fake bulsing heavy stuff with ur own hands and some one will pay good money for it. now they can even trash her cause of her gender 😅
Ikr, she made it worth Millions but never pushed to actually have a good working product from those Millions down the line. Wa?
@@flowrepins6663 Feminism blah, blah, blah. A lot of big business throw consumers under the bus. Take for example apple rigged battery so you can buy the new one every year.
@@mightydeathlash2867 it was definitely feminist. They hyped her up because females in the scientific field are rare. Especially inventors.
@@flowrepins6663 you're absolutely right. MSM was falling all over themselves building her up like the next Amelia Earhart.
Holmes: “First they think you’re crazy, then they fight you….and then all of a sudden you change the world.”
Cramer: “Why are you talking like a fucking bullfrog?”
Holmes: 😦
I know you're not supposed to judge a book by its cover, but her crazy stalker eyes should have been an indicator for the investors
Actually, you are supposes to judge a book by its cover. That is why they put pictures and all different things on the cover and they are not all just the same.
Bitch is on heroin
😂
She definitely has some psycho eyes.
No blinking... looks like coke head to me.. Or just 100% manic crazy
Girl, you should've stay in college.
Naw. She’s the type to falsely accused a professor of something and get a free degree. What hacks me off is some other student didn’t get a place at Stanford because of her......
It shouldn't. There are thousands of other schools, I'm sure those others were just fine.
ikr such a good school
Why? You don’t need a degree to be successful. Some careers it’s required but many don’t. Especially the jobs college grads eventually end up getting.
Jehu well, you do need one if you are working in the field of medicine and sciences. You cant make your way in those fields without a degree and that’s that.
As someone with a relative affected by early-indicating health issues that are life changing, insane that she is not locked up for the maximum time permissible under the law. This should not ever be promoted to happen again. This is what government is there to prevent. Greed, hubris. So selfish.
"Do you promise to tell the Truth, the whole truth and Nuthin but.....JESUS WILL YOU PLEASE BLINK!!!"
😂
It's sooo creepy!
🤣🤣🤣🤣🤣🤣
Comb your hair, blink your eyes, drop your fake deep voice and confess the truth, lady. About time!
@Barry Iaconelli can you just not
Wait is that her real voice? Dang, why is it so deep though.
Cis women can have deep voices. Let’s not insult a bunch of people when you mean to insult her
Haha
@@MimiMadness94 in her case it's fake. Apparently having a deep voice makes you more like a leadership. She has a high voice. If you look up on UA-cam theres a small clip where she accidentally used her actual voice and change it back to her deep voice.
She was facing 20 years in prison... did she complete her 7 hours community service yet?
Lol
Lol. 7 hours? You're being too generous.
She probably paid someone to do it while she watched
7 hours of community service? ... Is that what they are calling a yacht trip Bahamas these days?
She is likely not toserve anything. But maybe they might serve her some ice cream instead
The fact that everyone on her board were old coots speaks volumes.
And now face the reality that these old coots are running our country today. They are controlling and deciding our young generation lives. And cause of them we are suffering today while they're already rich from their life ago and now just wanna stay in power and have their own agenda. We youth have no say in our life today and for our future. Now look, we need three jobs just to survive and these old coots have no idea what life is today cause they been living in their gated home for years now. These old coots really believe they know what's best for young generation and only making them rich.
_Do you swear to tell the truth the whole truth and nothing but the truth?_
_I do_
Says in fake voice!
hahah brilliant!
Lmao
The question itself is pretty stupid and naive anyway.
ever see the clip where she slips and uses her real voice? haha
Well observed.
Her father was VP for ENRON. Family sure knows how to scam investors and the public.
Wtf her father was vp for enron?? Well shit scamming people just runs in the family blood ...
VP is fairly low down the chain in the actual business world.
ENRON probably had a hundred VP’s.
@@valueinvestor77 Her father's name is Christian Rasmus Holmes IV. He had executive government positions at the EPA and USAID as well. So yeah, her family knows their way around the system for sure
WHAT????? Woh, I feel shiver sown my spine. Are they a psychopath family or what?
Or she had something revolutionary and was silenced. That is possible. $300 tests going down to $2? Lots of people stood to lose a lot of money.
A news channel says it - it must be true!
I feel like Theranos is just like my middle school research projects. I would like make an “invention” but like half-assed explaining how it works
Did you overuse "like" on purpose or are you serious?
Excellent analogy! Spot on.
Exactly
Like because like you are like half an like ass
Why doesn’t this have more life 🤪🤣
"He seemed an odd choice...." WRONG. He was exactly the kind of con artist fraud that she was looking for to help her take her scam to the next level.
What kind of fyre fest is this?
Best Comment Award!!!!
Yasssss lol
Exactly what I was thinking
#bestcomment
It’s the kind that kills people rather than just giving them a FEMA tent and cheese sandwich
The lizard people messed up on this model. Her eyes were increased by 0.50x and don’t scan the humans around her to mimic their blinking patterns. Send her back to the warehouse ,along with her twinned lizard ZUCChini, for her to get eye and brain adjustments. That specific warehouse will be given raise from The Committee, if they program her to be able to use a comb. Much thanks.
- Agent Number X
😂😂
OneOdd Otaku lol
😂😂
LOL
LOL😂😂😂
just look at how she put her eyeliner on her entire eyelids. that speaks volumes.
another human being my exact thoughts lmfao, what kind of psychopath does that
What she has done & was involved in speaks for itself. Why sink so low and judge people on the way they put on makeup?
Polina Hary because I’m judgemental and I want to
She could be a metal singer?
she has hooded eyelids, genius.
I can’t approve of most of what Elizabeth Holmes and Theranos did, but I’ve got to admit that taking away hundreds of millions of dollars from the likes of Rupert Murdoch and Betsy DeVos is a real public service.
Darth Vadar called..he wants his voice back.
And his balls
😆 😆 🤣 😂 😹
She sounds like Doof Vader.
😂😂
How did they get to the point of processing patient samples with a technology that didn't work? Where was the FDA?
Because they exploited a loophole:
www.theverge.com/2015/11/17/9750048/ldt-loophole-fda-hearing-theranos-lab-tests
@@xChemistryFTWx Thanks - interesting article
Exactly. This whole charade was planned from start to finish. Don't ask me why. Probably some humiliation ritual. Most people have no clue how this world really works. The whole thing as it's told makes absolutely no sense but people will eat it up without asking questions.
They used the big testing machines from other blood testing companies!
Busy being bought. Wouldn't be the first time. It's much more common than you'd think.
"Why would I need more engineering classes? I was developing a Ponzi scheme"
Lol, exactly!!
yes
@@ourcorrectopinions6824 I guess it meets part of the criteria for Ponzi like "The returns are said to originate from a business or a secret idea run by the con artist. In reality, the business does not exist or the idea does not work."
How she was rewarding her investors is a point of contention. Which is a good question: How DID she pay her investors or did she even?
She has the eyes one someone who seems to be engaged and attentive. Look closer though, and you see what's lacking: empathy, a moral conscience and truthfulness. Her proclivity to lying is a chilling reminder of the individual's capacity to self-delude and choose the shadow-nature in us.
I can’t wrap my head around her voice.
Also, looks like she should’ve finished those few remaining chemistry classes in college, LOL
ua-cam.com/video/p9lp73GNqxE/v-deo.html
They came out with video of her real voice. It's a normal female voice.
The voice is fake.
I finished 132 credit as a chemistry students and only worked a year for big pharma. I really good at my skills in synthetic chemistry but my connection was limited than Elizabeth Holmes
She fakes the voice 100% but jig is up so i have no idea why she is continuing
Stealing from the rich will get you in a lot of trouble.
Fixer Upper That is sooo true, sadly!!
Yeah stealing is bad
Yeah, like Robin Hood... always a failure in the box office.
Stealing from the poor and you can get away with armies of lawyers most of the time. Stealing from the rich and you are death meat either by bigger armies of lawyers or even armies of hired mercenaries.
Tell that to Alexandria ocasio Cortez
Do you swear to tell the truth the whole truth and nothing but the truth?
Question 1: is that your real voice?
😀😁😃😄😂😄😅😂
Yeah it sounds like when the voice is distorted to protect identity
I'm LOLing so hard at this
Lolololol I am weak AF!! #checkmate
I watched a video that said it is fake to make her self more professional and man-like
Bill looked all excited thinking about her being 19.
Lol this woman reminds me of that crazy wife in Gone Girl
Hahaha yes!
but with less sex appeal
I seen that hand sign she holds up at the beginning, but I cant remember where. ua-cam.com/video/N6sHqsMYlAM/v-deo.html
Lol Amy Dunne! Hahaha
NAILED IT
When you manage to turn a grandfather against your own grandson you`re pretty skilled. I never thought Secretary Shultz was very bright, but my respect for him vanished completely after watching this. I believe Elizabeth Holmes would score very high on the psychopath checklist.
This just shows how ANYONE can easily trick and manipulate traditional media
ziky she manipulated everyone including very smart rich people let alone the media.
ziky at this high levels of idiocracy anita sarkesian can be the president of united ustates at future
She manipulated billions of $$$
Not anyone….. she was white and privileged
*That's why teaching ethics to our kids are very important in life.*
"If my voice sounds deeper, maybe I can look more mature" Elizabeths logic
Wow, the grandson, what a great person!
I salute to the men who stand up for the TRUTH!!
what's sad is Elizabeth was at the grandfather's 95th birthday party and the grandson wasn't
@@christine55416 Money can blind you. The reason why the grandfather didn't believe his grandson was because he'd already invested so much of his own money into the business. Its pure and simple denial. Plus, like most con-artists, Elizabeth was quite manipulative. Its pretty sad. Tyler's family were actually forced to mortgage their house so they could pay for his legal fees. Grandpa, who had all that money, didn't even help.
She wanted to be steve but looks like mark
Oh shit.
Except Steve Jobs was Syrian not white.
Hazim Reitz
Hazim you made my frickin day 😁😁😁😁😁😁😁 you are the best
@@bougouneaubridget1175 no problem the similarity is uncanny 😂😂😂
And thanks 😆😆😆
she succeeded in being patrick bateman
To be fair, there may not be a woman Steve Jobs but there’s definitely the Madoff female versions, younger and upgraded.
Ray Romano got paid $5,000 for voice dubbing this Documentary
um, where ?
😆😆😆😆
LMAO!!!!
lmaoooooooooo this is an underrated comment
Kristopher Ryan you don't get it?? Lol
This never made sense from the beginning to me (I'm a surgeon) as I told my VC friends from MIT who were considering investing in this about a year before it folded. I told them it hurts more to get a finger prick than a vial of blood from your ante-cubital vein because the density of nerve endings on the tip of your finger is way greater.... A drop from your finger is the same as 10cc's from your vein when you have 5.5 liters of blood in your body so there's no advantage there... I told them I could do the blood work cheaper on the same machines. So... its more painful AND more expensive... After 25 more questions to me (after they had spent 9 months researching this), I said: "Enough guys! Its a fraud!" They didn't invest... Boy are they glad they talked to me. How did she dupe everyone? (murdoch, ellison, schultz, clinton, zacharia, jim cramer...etc...)? NONE of them (including Holmes) know anything about medicine...
Reid Sheftall she cherry picked her victims. She knew they don’t have any medical background and that was why it was hard for them to detect her scam
exactly Kelechi..
Like you said, she duped people who knew nothing. A smart lab tech probably could have seen thru it. Certainly any doctor should have been able to. Some people lack critical thinking skills, or they get greedy and want to believe.
J Shepard Walgreens had a lab consultant working for them and he saw through it, but they dismissed his concerns out of fear of losing their contract to CVS smh.
@@cavidawilliams811
I remember reading about that now that you mention it.
She reminds me of Mark Zuckerberg, like they were made in the same lab.
😂😂
uv'e said so right , its surprising how no one else is realizing it
This might sound a little crazy, but my suspicion is that her and Zuckerberg are on the same type of mental enhancement drugs, along with Bezos who has that same wide-eyed-glazed-over-yet-super-alert look.
The lizards people failed with this model.... next version will have better processor, infinity screen and almost human personality
@@Will_Moffett interesting observation those effects of glossy wide open eyes and dilated pupil are signs of some sort of chemical abnormality in the brain. Be it form taking drugs or form natural causes, but abnormal it is.
Her own malignant narcissistic personality and lust for the limelight were the proverbial shovel that dug her own grave. Otherwise known as a long jail sentence. We must pray that the United States judicial system doesn't screw this one up too. 😠
here you go, I do not believe she will go to jail, she may be put on some sort of easy probation. Why,?
because the system works only against poor people, she has the investor's money and is smart enough to find a billionaire guy to marry. Even if the investor's money is not enough to hire more attornies and defense, her husband will cover everything. Then she will write a book and makes millions more. I have a name for her upcoming book " How I managed to have Henry Kissinger and Bill Clinton on my fingertip"
@@samb4697 Excellent prediction, and sadly? I must admit, you're probably correct. 😒
It's just so ironic that the education secretary invested millions without researching.
Just another scumbag politician
first they think you're crazy, then they fight you, Then they indict you.
Sounds like Trump! Amazing :)
@@michaelfries7969 knew I didnt have to scroll long to see another pussy whining about trump. Fuck you, you didnt vote and you lost, get over it. I dont like trump but he has NOTHING to do with Theranos you bitch ass whiny fuck.
@@tellurye you're the only whining here 😂😂😂
@@Darling_Nicci lol, "whining" isnt calling out other pussies.
😂😂😂😂😂
George Schultz takes Holmes' side over Tyler, his own blood. You can't write that crap.
Elizabeth had his own blood too though. Get it.
It s just a blessing that no one lost their life and/ or big time law suits had not been a part of this story.
It could have been much much worse.
She is really talented! I mean one has to have the best poker face to pull off something like this. She had investors wrapper around her finger. That's mind-blowing!
She was smart, as she also got into Stanford
her father, a former Enron employee, has sure taught her well.
It was.mind blowing. Yep..and she was also doing a lot of other "blowing".
Old investor, drooling for young blood!
yes and she wasnt even fit lol
Elizabeth: I just wanted to change the world ...
Someone : Are you lying again?
Elizabeth: 👁👁
👁️👁️
👃
👄
👀
👄
@@JayTechZM that’s GORGEOUS 😂
HAHAHAHA
🤣
For some reason I really like her.
- Billy McFarland
Lol 😂 perfect comment!!
845835ab I did too. I was excited a woman developed such an amazing product. Reporters failed the sniff test.
845835ab fucking idiot!
@@charlesschindler1971 they are referring to billy mcfarland who was behind de fyre festival disaster
Her partner liked her to. and her sponsors.
Watch TED talk - Erica Cheung! No weird background music at all, just beautiful talk, without any gimmicks, all straight from this amazing whistleblower, Erica Cheung!
Why are people bragging about dropping out of school.
Dawn Broker it shows you have opportunities before you even graduate
@@LiamPorterFilms, well true in some cases.
@@dawnbroker5156 sure - others drop out because of problems with drugs - but that's not what people like Holmes mean by bragging that they did so.
Dawn Broker it’s plays to the “I don’t need education cause I could do it on my own and pull myself up with my own bootstraps” mythos Americans like. As long as you ignore that they went to schools like Harvard and Stanford and that these people were born in wealthy families with lots of connections.
Because they became very successful and filthy rich without having to finish college.
I draw blood in a doctor office. I had a patient tell me I would be out of a job soon because of Theranos and Elizabeth Holmes. Fast forward two years later the same patient came back and I just laughed in his face! He did apologize 😔
Did you two make love afterwards?
That was rude of him
@@jurikowhy359 very rude.. that's because he's an idiot
LoL. So that's what they mean by "the patient got lucky this time."
In fairness to the _lucky_ patient: You can look in the video [time index 7:38 - 7:40] and see the Theranos price menu for blood testing. The promise of automation has appeal.
I remember meeting a nurse while reading about Theranos in *The Economist.*
I told her: _$7 for a CBC!! At that price I would be getting tested all the time, for trivial curiosity sake like answering the great question: What does one week of the all Ice Cream diet do to impact B lymphocyte production_
@@tamekamccain5594 I guess the person sent you such a reply because your claim fits a certain pattern.
The type we're someone writes about their 4 Year old putting someone down with a profound speech and then everyone in the store etc... starts clapping because how amazing the 4 year old is.
The first part of your claim makes sense but you laughing at a patient later because of it doesn't unless you don't care about loosing your job.
I hate when people call scammers "smart"
she tried in life and realized she was nothing but subpar average....
She used her father's influence and business connections for University, then seed money.... hired a great P.R team and bought covers on tech and financial magazines that clearly do not do their due diligence..lied through her teeth about technology that never existed. Now is billions of dollars in debt and is facing a long jail sentence...How's that smart?
totally agree
jon brown Because if she was stupid, she would never have got that far.
@@September2004 I want you to re-read the statement you wrote over and over until you see how dumb it is...
Lying to friends and family members to gain seed money for a fictitious startup is not smart...
Coming up with innovative technology that will better humanity , now thats smart....
@@jonbrown9006 Now it's your turn to re-read your statement over and over again to see how dumb it is.
Having nothing and being able to stretch it for 12 years and being to fool that board of Republican politicians, Bill Clinton, Barack Obama, Forbes and Fortune magazine must take some brains. Do you think you could do it?
If not, then you're dumber than Elizabeth Holmes who you consider stupid.
I can't do it which makes me less intelligent than Elizabeth Holmes who was quite smart. Just not smart enough.
Not too much for you to handle, is it?
Yeah, you're not exactly the first person who should be going around judging other people's intelligence.
i feel so bad for the people she scammed, and those people they tested. people say “why did they believe her”, manipulation is a powerful thing, she went to stanford, this was the next big thing, investors wanted to jump on it as soon as possible.
And she had big money on her board of directors. A lot of powerful ppl.
But you ddon't feel bad when the government does it,.???
I bet the government and Pfizer have All her Data~
She had Smart people working on this shyte for a Long time,.
You don't think they made ANY progress???,.
That we could possibly do half of what was initially promised in 20 yrs?
The government has been telling you they are going to the moon for the last 50 yrs and NOTHING,.
And you haven't asked for One Dime of that TRILLIONS upon TRILLIONS back~
Go to sleep,.
Wait,.You ARE~
The only upside to this story is Murdoch and DeVos getting stiffed.
@SportDiver 2 You do realize that she probably won't be going to a high security federal prison right? She'll probably end up in a sewing circle like Martha Stewart was.
DeVos.
Yesssss
😂😂😂
SportDiver 2 bringing up Clinton is a sign of being a moron.
Damn, good on Tyler. That must've been tough, knowing his grandfather was on the board, but he definitely made the right choice.
Excerpts from the WSJ article
"He says he was told by his parents that Ms. Holmes called the elder Mr. Shultz in the summer of 2015 to complain that their son was being unreasonable. Tyler Shultz says he also got a tip that private investigators were watching him.
In a conversation in his parents’ kitchen, they pleaded with him to agree to whatever Theranos wanted, he says. Even though his heart sank when they discussed selling their house to cover the costs of defending him against a potential Theranos lawsuit, Mr. Shultz didn’t make a deal with the company." he may have been George's grandson but his parent's weren't rich. They've had to mortgage their house for Tyler's legal fees. His grandfather didn't even reach out to him. He hasn't spoken to his grandfather in some time.
American Made Tyler is a strong courageous young man!! Well done!
@@jessicalt4121 Yep. Every now and then super wealthy families get one actual moral human being born amongst them that somehow manages to stay that way. So far, I've counted at least two- Tyler Shultz and that one rich kid billionaire's grandson who had the balls to sue his grandma's estate to try and stop the rest of the family from abusing her just to get her money(pretty sure everyone in his family hates him now).
She supposedly worth billions and was the leader of a huge company. But im just now hearing about her.
Adrian Rivera exactly what I was thinking!
I had no clue who this chic was either! I guess I dont get out much 😏
She was in Time, Entrepreneur, Forbes, and Money magazine. Also popped up on Facebook trending when her company surpassed the billion mark. Other than that you wouldn’t really see her in the news.
Me too, I never heard of her till now. Scary...
And who are you?
Her father was a VP at Enron: Her father, Christian Rasmus Holmes IV, was a vice president at Enron, an energy company that later went bankrupt after an accounting fraud scandal. (wikipedia) She saw how easy it was to fool people.
Good for the grandson to not agree to “drink the Kool-aid” when everyone around him is. He’s truly the smart one.
lol try religion - easy cheap promises of a magic Sugar Daddy in the sky running a Charity Retirement Home in the sky for his believers! Innocent people have been murdered for not believing such lies
Science, which has done so much for us, brought us to where we are today, gets mocked constantly by these people
I'd invest in him...
Should have taken those chemical engineering classes..
or mechanical, electrical, biomedical...
I can't get enough of her fake mans voice. It's utterly hilarious.
Careful! Puting two in the sack will get you a roll in the hay!
stop
It’s just crazy how she believed that would somehow give her more credibility or make her look more serious to people. The funniest part is she is still doing it now, she’s in too deep to change it now or she would get even more backlash 😂
she was trying to emulate Steve Jobs.. from his style of Dress to his low voice
@@ourcorrectopinions6824 Our focus on her voice is sheer comedy bro. In case no one told you, her CON is over. She’s headed to prison. If her con was so effective as you claim, then why does everyone in America laugh at it?
“This is what happens when you work to change things. First they think you’re crazy, then they fight you, then *all of a sudden* you change the world.”
This quote tells me all I need to know about her. You can tell she’s mindlessly consumed so many entrepreneurial motivation videos. You don’t just *all of a sudden* change the world. You actually have to have a functioning revolutionary idea first.
Well she had the idea. Just didn't have the science.
@@Orchestra_temi - fantasize 2 drops of blood , to have it tested with 200 kinds of medical blood indicators/pointers!
sheer fantasy? and absurdity!
That thing looks very uncomfortable in its human skin. Jobs exploited the smart people around him, like Wozniak.
Whats inside its human skin ?
@@NathanStar-vw3dm A lizard. Duh.
Wozniak would have been happy to have never taken a risk, never leaving his cubical, their story is more organic, they went to computer clubs and sold their early phone hacking devices together, while Jobs wasn't close to the tech wiz of Wozniaks mind, he wasn't a total fraud like Theranos. He lived the life, she was plucked from college as the "woman in tech" unicorn.
@msec Ses Jobs had the soft skills, the right eye for design aesthetics, risk tolerance, and motivation that is needed to build and scale a business. People misunderstand, in reality a business is nothing but a group of people organized by a few individuals to provide goods and services in order to make a profit.
In a somewhat real sense, she was kind of a Jobs person without a Woz. Jobs could sell anything to anybody and did. She sold nothing to people. It's actually kind of impressive. The massive difference is Woz was brilliant and Jobs sold that and it worked. If Holmes actually had some amazing tech to offer she would have done a great job, but she had nothing so that's a scam and she's going to prison.
Tyler - the guy who saw the truth and didn't try to explain it away like all those other smart people.
His grandfather is a dickhead. Due to his own reputation and monetary value on the line, he decided to stick it out with Holmes instead of his grandson, even though he knows that his grandson is telling the truth.
@SportDiver 2 Tyler may have been George's grandson but he and his parent's aren't rich. His parents had to mortgage their house so they could pay for his legal fees when Theranos sued him for whistle-blowing. Tyler got zero help from his grandfather.
@SportDiver 2 Here's my source: www.wsj.com/articles/theranos-whistleblower-shook-the-companyand-his-family-1479335963
@SportDiver 2 Hey wanker, if you want to counter the WSJ, at least provide a valid source of your own. Now, you are just spewing shit. Oh yes, in case if someone haven't told you yet, your opinion don't count for shit. So, shut the fuck up.
Avie Tevanian and other employees were smart enough to quit when they did. It says a lot of good things about them that they valued integrity over money. The moment they saw trouble, they were gone.
We need more tech driven people like that. I hope that all the other techies learn from their example.
There's no reason to assume that he left out of integrity. He was probably smart enough to realize that this company was going to exactly end up the way it did.
It's not about being tech driven, it's about common sense. If a CEO is making promises, at least some of those promises should eventually materialize, even if small baby steps. That Tevanian saw zero progress during the time he was there, that's simply common business sense at work. Tevanian knew well that Ms. Holmes (and team) was blowing smoke at the time he left.
All idiots... 🙄
I am one of those tech driven people 😉. Integrity over money.
This reminds me of my start up experience, where fraud was happening too. When I had a question about something in the daily business and asked one of the ceo's coo's( or whatever they called themselves, we were only 4 people) the answer that I would get was very visionary but useless for my problem. I was new and it took me a while to realize that there is a massive difference between technology at the time and vision.
she sounds like she just inhaled sulfur hexafluoride
Hmm...Now I wonder what the expected damage would be from drawing one complete breath of Uranium Hexafluoride
No idea what that is but it sounds funny!
I think she has a future in becoming the next American president.
A Democrat candidate...
Fantastic idea!
She is def a next hillary LOL
@@anthonyoer4778 no
@@bodhisattva2348 Why? Too much integrity?