If I said I had a New car engine that was 4x more efficient at twice the power/torque abd one tenth the weight....I'd be ignored like a street barker selling pencils from a tin cup. Theranos has CIA money laundering, psyop Klusterphuk written all over it....God only knows what they were really doing in those labs for 10yrs. It sure as Hell wasn't a magical box with an eBay robotic glue gun inside.
@@tommyodonovan3883 You can waste a lot of money trying and failing to do the impossible. Also, you can convince people to invest in your start-up, if you're good at bullshitting people. I worked at one very ambitious start-up in its very initial stage, when we were trying to convince large consumer electronics companies to invest in us. Let's put it this way - maybe 10% of what we showed them during presentations was actually true. We got quite a lot of money based only on the promise of a revolutionary tech. I have no idea if anything came out of it, I left soon after we got the money because of personal reasons.
Ty N i personally haven’t seen any, but i guess she would have rejected any interview from science world , and most interviews would have send her the questions prior to the interview.
She did present the Minilab at the 2016 American Association for Clinical Chemistry annual meeting. Let's just say it was underwhelming: www.kqed.org/futureofyou/210797/theranos-elizabeth-holmes-will-face-1000-scientists-monday-can-she-say-anything-to-gain-their-trust
I love watching the old videos of Holmes being interviewed or accepting awards. It is absolutely remarkable how she can smile as she tells of her mission and her accomplishments when all the time she is just sitting there making it all up!
Hamlet: O most pernicious woman! O villain, villain, smiling, damnèd villain! My tables-meet it is I set it down That one may smile, and smile, and be a villain- At least I am sure it may be so in Denmark.
Dude, it’s HILARIOUS, watching other people totally destroy their career by being her cheerleader. You think anyone is going to listen to anything this Patty fool has to say ever again?
I've been watching them also . She's a sadistic, narsasist, and absolutely creepy . The Normal average person would say show me what you have before I give you any money, but these people just handed millions of dollars over with no evidence, and people interviewing her make me laugh. let alone the fruit cakes up top . What a joke .
She should have pursued a Hollywood career instead of Silicon Valley. The female Steve Jobs she developed as a character is not very convincing. Its a caricature!
She was a horrible actress. But that wasn’t her area of specialty. Politics was where she needed to go. Willingness to lie about things that can easily be proven false, to a bunch of sycophantic drooling twits is her gift. And she would have lasted much longer surrounded by her kind. She actually hired some people who could see through her crap, and had to keep firing them as soon as they indicated they could smell the crap. Had she started killing them off like the Clintons, she may have lasted even longer. That Schultz kid would have shot Himself in the back of the head six times before ever talking to Carreyrou. Clean up those loose ends, missy.
It would be nice if people would also put blame on the media for this debacle. They pumped up Theranos because it was founded by a woman and did not stop for a second to do any due diligence on what they were selling.
Idk, yes they’re suppose to do the research but when you have companies like Walgreens actively using it then I can see why the average media would assume it’s safe. These are journalists, not scientists. Honestly blame Walgreens the most, their co-sign gave her and the company a lot of credibility. Especially considering they did hire someone to investigate the company and then ignored him when he said she/Theranos was fraudulent
Mel Thompson yes, esp since Walgreens and I think another store was about to take them National. Like who would think they wouldn’t do their due diligence.
I never heard of her, I read the news frequently. She was big in the tech field not even the medical field. She put herself in position of people who did not understand the medical industry. Do not blame the media.
Elizabeth is absolutely amazing. Her vision is so ahead of the time that the powers that be had no choice but to take her down. Imagine if Theranos was allowed to keep going. Amazing. And now Seiman's uses Theranos tech for their machines. I truly hope that Holmes can get a suspended sentence and restart her company back. She may even be able to cure death altogether. Think about that for a minute.
I was a journalist for many years. My editor would NEVER accept a story without actual proof of what we were writing. The fact that so many media outlets, investors, individuals and organizations just accepted her word, nothing else, is BAFFLING, absolutely baffling!!!!! Though it is also true that she faked many "demonstrations", still, she had no medical training, no scientific knowledge of any kind, and in one interview she even says "I am an engineer" when she didn't even graduate. Puzzles me to say the least that for years no one doubted her word. Wow.
She wasn't any engineer nor a scientist neither any business woman but a character playing actor who deserve Oscar.Her heavy voice and turtle neck are gone now,,
This sycophantic journalistic culture has to stop. Journalists should ask hard questions or at least questions to help us understand what she was actually doing, Instead they were flattering her left and right with BS like 'ho much do you sleep?' 'where did your beautiful, wonderful passion come from?' She must feel like she's on a date night
@@colc1503 that’s true. At the same time, virtually every idiot who falls for the stupid narrative that women are oppressed had their nose so far up her ass it was absurd.
@@colc1503 which is an extremely stupid thing to want to know. What works for one person doesn’t work for another. Just because someone successful does something doesn’t mean if you do you’ll be successful.
Sounds like Jeff Skilling at Enron....he have great ideas with absolutely no plan on how to bring them to fruition. Given her father was one of Enron's VPs, she no doubt learned from them a bit too well.
Not to defend her or anyone, but many leaders operate this way, they have an idea and proclaim its success while it's still on the drawing board. It's a way of getting people to buy in. For example, I have seen a new CEO come up with a new product, start selling it, and claim how great it is. But really the sales are from converting renewals of the old product to a new sale. I've seen many cost/benefit projections for an investment be really unrealistic, the costs are underestimated, and the benefits are not as good. But over the past several decades business growth and inflation would cover up many of those problems. In the end, although many plans are overly optimistic, they still work out.
@@ppumpkin3282 you are correct. But the difference here is that we are not talking about a social media app. It was dealing with people’s health. And that was dangerous
@@WillNelson73 AND Theranos released their product to the public before it was even completed. Have everybody forgot about all those inaccurate blood tests that wreak havoc in patient's lives, making them think they had cancer, diabetes, or other illness?
Elizabeth is absolutely amazing. Her vision is so ahead of the time that the powers that be had no choice but to take her down. Imagine if Theranos was allowed to keep going. Amazing. And now Seiman's uses Theranos tech for their machines. I truly hope that Holmes can get a suspended sentence and restart her company back. She may even be able to cure death altogether. Think about that for a minute.
*Elizabeth:* “I dropped out my first year of college in the engineering program...I was wasting my parents’ money since I wasn’t even going to class...” *Elizabeth literally 5 seconds later:* “I am an engineer.” *Every sane & rational person:* no.
Why didn't more in the outside speak up? That knew it didn't make sense? How is she making medical breakthrough changing medicine forever and nobody has any idea how or proof?
Prema Istheway She claimed over and over that they’d tested it and that it worked! It must be true because look at her distinguished board, $ 700 millions raised, $9B valuation, and going commercial with Walgreens as a partner.
She can only say two or three, four at the most words at once. You can see her struggling to keep her bass tones. That should have been a danger sign right there, that and they eyes.But she had a talent for schmoozing sugar daddies.
I've studied engineering, and I have got two masters. The time I got my second one, I was more humble than the time I was a bachelor student. Now I am aware of the fact that there are so many things that I don't know. This is in fact the way education works. When we advocate the wrong way of doing things because of those rare few successful examples like Jobs and Zuckerberg, such fake sociopath are born. And btw does making patents this easy and stupid, that a kid draws stuff on a paper, without any POC (Proof of concept) or some working prototypes and claim patent?!!
Wow youre totally right, i work in the animal field and after some years learning everyday, i came to a point where i feel i dont know that much and that anything can go wrong at any given second. Knowledge humbles you, ignorance makes you arrogant, stupidity males you reckless.
I thought the United States Patent and Trademark Office only granted patents to those who had a unique and viable POC. How was she anle to get a patent on that arm patch design without any plausibility?? All just an imagination.
Nice try but you can't fool us again Elizabeth Jr. with your fancy big words like "humble, patent and Zuckerberg". What is a fake sociopath in comparison to an actual sociopath? Just kidding buddy, I'm glad you "got" those master papers hanging in your office that shows people how smart you are!
She had this image in her head of herself as silicon valley giant who saved the world, and as a child imagined just exactly what it was going to be that did it for her. Once she was set in that, she couldn't alter her course. She was so self-absorbed in the wonderfulness her own idea, she couldn't accept that it wasn't reality, which is what she found out when she got to college. And there was no way she could let her fragile narcissistic world collapse on her by facing the truth of that. She probably rehearsed being interviewed about her wonderful ideas in the mirror 100 times growing up. I think, even here, she feels like there's some kind of justification for it all.
Regardless of her supposed reasons, it was clearly a marketing and PR plot to position her as a Steve Jobs-like figure... seeing as how he revolutionized personal computing and thus the world at large, the media presumed she'd do the same at the intersection of healthcare and technology, which -- if it weren't all actually built on a house of cards and lies -- she would have. It was also to directly parallel a powerful, iconic man with a woman. If there's a sole person deserving of the money they received out of this entire ordeal, it's definitely the publicist(s) involved. They did a phenomenal job with what they had and had many people duped for years.
Yes she tries to act like a man and she talks as slow as hell. This reminds me so much of Neumann of what she wants to accomplish. Nuemann wanted everyone to work together and Holmes wants bloodwork to be a fun experience.
Prema Istheway yes but she wasn’t born poor. Horstio Alger is about some poor person being rich by hustling. She was born to executives and went to Stanford.
Wow!! She’s an outstanding liar. She is clearly a psychopath or is totally delusional. It takes a special skill to be able to lie in such a credible manner.
narcissist personality disorder. they are so delusional, they believe their own lie and they can imitate anyone as they have weak personality. and regardless the effects, they would do anything to reach their goals.
Way inflated ego which the interviewer panders to. Clearly loves hearing about her "success" and "wealth", talks a big game with a nauseating, conceited half smile. As if anyone is ready at 19 to lead a healthcare/biotec company raising hundreds of millions from gullible billionaires. It's astounding how she pulled this off, but in the end we understand all too clearly. She faked it, until she got found out. She needs to go flip some burgers and make some honest money with some real people, but the likelihood of that is zero.
I still don't get how she convinced anyone. I am not even a medic but first time I heard it I had lots of questions. How come no one asked the questions?
I took two years of pre-med science, an AA in Chemistry, have my BS in IT and Healthcare Management. I have certificates in laboratory science and accounting. Where are my investors!?
This story makes me lose faith in humanity! It is embarrassing to see how so many great journalists and businessmen fell for this. It is sickening to see how some people couldn’t find enough words to praise her as if she was the second coming of sorts. This world is full of lies...
Also...when I first read about her on the Forbes under 40 list, I was thinking "she sounds too perfect and her invention sounds too good to be true"....little did we all know.
Absolutely amazing how she could sell so many people on her vision and fake product. Imagine if her intelligence, ambition, and ability were applied to an honest pursuit.
“I think of it as...my mom...gets a blood test...I want that data to be flawless” Meanwhile at Theranos: Quick brah dilute the vial and shove it in the Siemens
@@emilkarpo those old men thought they’d be seen as heroes for believing in and supporting a young smart woman. Then they all got exposed as just a bunch of old, sugar daddy, simps
As an interviewer, her focus was on the money, not science and that makes sense because she dare not give interviews to a medical forum/conference where they'd ask questions about the science and not the money.
worked for Time Inc..and Fortune was the pinnacle of business information and journalism...it is sad how far Fortune has fallen! No journalistic excellence!
The saddest thing about Theranos is that it really is an amazing idea, and I so wish it had worked. I think Elizabeth knew that and preyed on that. To be able to go pick some cough drops, and get a blood test to make sure there is nothing really wrong would have been so amazing, and she's not wrong about how there should be transparency around our heath. All her time, all the energy and resources, one can't help but wonder what actually could have been achieved.
I'm in the minority, but I think she intended to make Theranos work. And yes she intended to become a billionaire. But she knew it would have to be effective for her to get to her financial goal. I think she fooled a lot of the investors. She's an attractive young blonde woman who's highly intelligent, articulate, and persuasive. It had to go away eventually. What I don't get it why was there not thorough analysis of her product? It doesn't appear she even had a panel of scientists grill her about Theranos.
@@jlbaker2000 scientifically it wasn’t feasible, but I agree, the idea is super intriguing!! The amount of blood material you need to run the tests at this point is more than just a few drops. I think if someone take time to develop the assays using a small amount of starting material eventually they can make it work. But she put the cart before the horse and her technology didn’t work.
@@jlbaker2000 I would agree also. The idea and the concept of revolutionising blood testing to make it easier for people to take care of their health is something that we would all want. And I think her idea was good and maybe initially her intentions were good, but somewhere along the line she let money and power get in the way. And sadly she ended up scamming a lot of people. The idea is definitely innovative. It's too bad she didn't think about truly talking with medical scientists and even completing her engineering degree to have a better understanding. Or even reconsider the design of the device so that it was more scientifically feasible
literally how was she given an award? she never proved that her tech worked. and how come all the doctors who were having issues with their patients because of it never spoke up?
That reminds me of a line from a movie, I can't remember the name, it was from the late 60's or early 70's. "People will buy bullshit. Just put it in a large economy box and say that Steve McQueen eats it".
pretty telling how she constantly refers to needing to 'figuring out how to get to that endgame', 'doing anything you need to get there', etc. she believed the end goal was something noble, so she justified every deception along the way to get there. i think people should understand that this isn't necessarily a case of intentional evil, but a commonly held philosophy by all humans run to its extreme. that doesn't by any means absolve her of responsibility and the label of 'evil' but it's instructive on how good intentions at the outset can result in disastrous results. something we can all learn from for sure.
She seems to be saying that people could get their blood analyzed without a doctor's prescription and own the blood work report instead of it being kept by the doctor. But most people wouldn't know how to understand a blood analysis. She's using the "early detection" idea and promoting her brand of blood test like something you would do on a whim because it's only $2.99.
I'm not a big fan of doctors as gatekeepers but we need interpretation of what these tests are saying or not saying. Also, you can just see the adds "do you feel tired, foggy at work or low energy sometimes; get tested for XYZ- fast, convenient and cheap with a drive thru window!!!"
She only "existed" because of media hype and her dad's connections. Without money, family name, and media attention, she'd be ignored or just cancelled before this became a ponzi fiasco.
Her body language is so weird why does she nod her head so much when being asked a question, in hindsight she completely gives herself away. Look at how hunched over and how much she used protective gestures and mannerisms when talked about subjects she knew were lies. Then when being asked a general question regarding for example her morals where she can answer in an un specific and and general topic she tends to open up and almost over exaggerate her gestures to play up her confidence while she can still answer in an honest way. I think she does these things to keep up the fake personality in front of the public
She was 100% truthful in one answer to a question. She was asked what triggered her to drop out of school and start the business. She said “I just found out what I wanted to do”…She is 100% correct in that she found out what she wanted to do: Make money……she never mentioned she made any kind of novel medical discoveries
Having known about this Theranos stuff just about 2 weeks ago, I still wonder how come Fortune has given Ms. Holmes a platform of speaking everything that she has said here without all the necessary technical information at hand to even handle such a discussion that is so technical such as blood analysis. My field is in reproductive biotechnology esp. fertility management. If there's a new machine out there that claims mouthful lot of things, the first thing that we ask the manufacturer/inventor is this: how does your machine square with the gold standard? With all the things that I have already read about Edison (i.e., the machine that Theranos built), I find no single peer-reviewed paper that states -- in general -- Edison is at par with or is in toe-to-toe with the gold standards. On the other hand, witness testimonies available online suggest contrary -- that the Edison does not work as per Ms. Holmes mouthful claims.
Rick Foley suits the narrative that these feminists have been peddling and trying to shove down our throats that "All women are holier and cleaner than men"
Skepticism crept into me at the part where Pattie stated Theranos was worth $9 billion after having started when Elizabeth was only 19. I had a feeling Pattie had some disbelief as well. Elizabeth's ability for smooth lying really is stunning.
Thing is though, in hindsight knowing she's a fraud, she doesn't seem very convincing at all she seems basic, nothing brilliant or new nor remotely inspiring in her words or manners. One has to wonder what one's take would be not knowing she is lying. If red flags would go off. Now she seems like a caricature.
@@milijananovakovic2639 Yeah, it's easy to see her for her fraudulent ways after her time ended. For her to have garnered the attention she did however, makes me think a helluvalot of people believed her, otherwise I think she would've been immediately shot down. Alongside her unshaking voice, her body language is spot on, and it seems like people may have caught onto that.
Everything about her unnatural, her face looks so fake, like a mask. Shes everything wrong with this generation of American society. Shes 100% act, her goal was to be famous.
Her bad posture and obnoxious head bobbing and leg up on her knee is all so contrived. But worse, the interviewer never asked who in her company discovered the process. Their names. What was that moment of breakthrough like? That's about the science. Interviewer ignored science. Then what would Holmes do? Not give them credit? Make up names? There was no breakthrough.
Lynn Ross She was asked in other venues about the tech. In one, she ended up saying, in her uniquely convoluted way, that small samples enabled testing of small samples.
Why didn't Holmes answer the specific engineering question as to how she went from the patch idea to the nanotube thingy? --the interviewer let it pass completely by! The audience was let down by both Holmes and the Interviewer. /For shame.
10:12 “nothing ever works out the way you think it’s going to, you have to “LEVERAGE” those moments and TURN THEM INTO what YOU WANT THEM TO BE”.... 𝘀𝗵𝗲 𝗷𝘂𝘀𝘁 𝘁𝗼𝗹𝗱 𝘆𝗼𝘂 𝘀𝗵𝗲’𝘀 𝗮 𝗳𝗿𝗮𝘂𝗱‼️‼️
Why should she? Horatio Alger was a myth. She fits the example perfectly. Look at the members of her board. Clearly our entire system is phony through and through.
It’s very telling here when she answers a question and mentions why she named her machine ‘the Edison’ Bc it didn’t matter how many times it doesn’t work and that almost embraces that. Clearly that’s what she did and caused her to release something that only was a theory but didn’t actually work. It’s interesting that the interviewer doesn’t press this philosophy Bc she’s thinking that obviously Holmes must have figured it out, where Holmes is almost admitting proudly that it doesn’t work.
Elizabeth Holmes: "I have made a miracle breakthrough in blood testing." Fortune Magazine: "Has your work been peer reviewed?" Holmes: "No." Fortune: "Can you explain how you did this?" Holmes: "It's a secret. But I can use lots of vague important sounding words?" Fortune: "Seems legit, you're on the cover!"
She sits like a man. The way she is able to change her voice is a great gift. Alot of her discussions are rehearsed or are repeated from previous talks.
I love how her voice changes as the interview process moves along. Interesting also on how she sits, kinda trying to sit forward , almost how Obama sits occasionally.
This is what happens when one desperately wants to see a successful female entrepreneur of Steve Jobs scale. Only ladies in the room and only hugging questions
Seriously dropping at first year . Most probably she didn't even take any core courses. Except for some A levels This is not programming that can be learned individually. Lot of practical and theoretical approach is needed for this kind of subjects. She clearly doesn't know what she was doing
People, please stop the Monday morning quarterbacking! You fell for it the same way they did. If not for the WSJ article you'd still believe her. So please , people, just STOP!
What's so believable? I just left a two week hospital stay where multiple draws of blood were taken. I'm not a doctor, a journalist, a phlebotomist, an engineer, or a scientist but it is clear as air, CLEAR that a pinprick is not enough for one test let alone multiple.
The interviewer should be ashamed of herself. Fawning all over Holmes, speaking in that irritating faux intellectual voice when clearly she has been and is easily fooled
At what point did she slip into character - after donning the black outfits, after practicing the walk and voice, after deluding herself, again, about the grace and humanity of her mission? She will discover Zen, or something like it, while in the klink and write a best-seller about redemption.