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Bad Blood: Elizabeth Holmes & Theranos - the story continues as the trial begins 

ThePoptimist
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John Carryrou's Bad Blood is a gripping real-world thriller about Theranos, but the story doesn't end with the book and things have gotten even crazier in the ensuing years.
MENTIONED:
Bad Blood - amzn.to/3tQiy9H
WSJ coverage of Theranos - on.wsj.com/2YT...
Boies Firm Loses Attorneys - cnb.cx/3AfIXQE
Theranos' Greatest Invention was Elizabeth Holmes- bit.ly/2XcbHuM
We Charity Scandals - bit.ly/3E8l2ox
ELSEWHERE:
Goodreads: goo.gl/vlGtSd
Twitter: / daejin_v2
Instagram: / daejin
Discord: / discord
#ElizabethHolmes

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14 окт 2024

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Комментарии : 48   
@nowvoyaging8881
@nowvoyaging8881 3 года назад
I remember watching the documentary about Theranos on HBO and finding it fascinating. Definitely interested in picking this book up now! Thank you for the review
@ThePoptimist
@ThePoptimist 3 года назад
Carryrou does a hell of a job walking through what it was like at Theranos and then halfway through it switches to focusing on his struggle getting to the truth. Just wild.
@ReadRemark
@ReadRemark 3 года назад
Great review! I’ve been borderline obsessed with the Theranos saga since reading Bad Blood. Carreyrou has a great podcast about it as well. Very eager to see if her defense actually works. Way back in my restaurant days, one of my bosses had “relations” with a waitress. But then again, that kind of stuff was rampant in restaurants.
@ThePoptimist
@ThePoptimist 3 года назад
Been listening to the podcast as well. The trial is going to be bonkers - just saw an article where there are Elizabeth Holmes fans at the trial that call themselves Holmies (facepalm)
@ReadRemark
@ReadRemark 3 года назад
@@ThePoptimist Oh gag.
@jazamaraz8029
@jazamaraz8029 3 года назад
Just finished listening to the audio book Bad Blood. Absolutely riveting. John Carreyrou did an awesome job. He also has a podcast called Bad Blood the Final Chapter with more info and craziness that's happened since the book was published. I highly recommend it.
@ThePoptimist
@ThePoptimist 3 года назад
Loving the podcast so far - just crazy how much has transpired since the book was released!
@SamanthaWritesThings
@SamanthaWritesThings 3 года назад
I fell into a Theranos rabbit hole a couple of years ago but have yet to read this book! I should pick it up. (PS On a similar note, I read Goodbye Vitamin after your recommendation in a previous video and really enjoyed it - thank you!)
@ThePoptimist
@ThePoptimist 3 года назад
Hooray! I'm so happy you enjoyed Goodbye Vitamin. Totally recommend this one too, it's a wild and crazy ride and the continuing story is looking to get even stranger in the coming months.
@curioushmm9027
@curioushmm9027 3 года назад
it's disconcerting, to say the least, that the scientific establishment was not out ahead of this impossible science, not to speak of the technicians who must have been employed by the company. and again it's depressing to see how heartless greed can rule someone like elizabeth holmes. thanks for the great and entertaining review. dave.
@ThePoptimist
@ThePoptimist 3 года назад
Well we've seen how much sway science and rational thought has these past few years - people are taking horse de-wormer! so is it really a stretch to think a charismatic, much lauded female entrepreneur couldn't make a convincing argument for a simple finger prick Covid test instead of the brain tickling qtip?
@curioushmm9027
@curioushmm9027 3 года назад
@@ThePoptimist no it isn't and i thought that was a good point you made..but still where was the outcry from the scientists and technicians? those working in the labs must have realized something was wrong.
@Robert.Sheard
@Robert.Sheard 3 года назад
Ugh, I had forgotten about the Enron connection. That debacle cost me a chunk of change.
@ThePoptimist
@ThePoptimist 3 года назад
Nortel was our version of Enron here in Canada - nailed a ton of funds.
@chloerae930
@chloerae930 3 года назад
I’m hooked on the podcast currently - so fascinating! Loved the video - thank you!
@ThePoptimist
@ThePoptimist 3 года назад
I'm listening to it too! (I assume you mean Bad Blood: The Final Chapter - but wouldn't be surprised if there were a ton of others out there as well)
@chloerae930
@chloerae930 3 года назад
@@ThePoptimist because I’m shameless, I’m up to date with The Drop Out and swiftly moved on to Bad Blood: The Final Chapter - on episode 2!
@jf8559
@jf8559 3 года назад
Yeaeaaaah, I’m gonna need you to come in this weekend and work on those TPS reports….😂 I’ve been lucky in the boss department so don’t have any stories of my own. This story is endlessly fascinating.
@ThePoptimist
@ThePoptimist 3 года назад
I honestly don't know how long she could have kept up the charade - it had to fall eventually and it's a credit to Carryrou he exposed it when he did - can only imagine how many lives would have been affected otherwise.
@stacey__withanE
@stacey__withanE 3 года назад
I absolutely loved this book, and have been fascinated by everything that has subsequently come out about Theranos/Holmes since!
@ThePoptimist
@ThePoptimist 3 года назад
The book is fantastic - but the story just keeps on giving! So curious to see how the trial shakes out.
@2_pencil
@2_pencil 3 года назад
This book was so interesting. I hope she gets the maximum sentence. She is a dreadful human being. I couldn’t believe her lawyers and those old farts on her board who wouldn’t/couldn’t see that she was a scammer and the one who drove me craziest was the grandfather who wrote off his own grandson. As always, you have presented a thoughtful discussion about the book. Two years after reading it I can only rant about it.
@ThePoptimist
@ThePoptimist 3 года назад
It is crazymaking - I like how Carryrou notes that George Schultz stared down the Russians at the height of the Cold War but couldn't see past the obvious scam of Elizabeth Holmes. The results of the case will have far reaching impacts with how closely entrepreneurs will be held to the truth in their claims and the repercussions, if any, for inflated truths.
@HeyLauraVan
@HeyLauraVan 3 года назад
Entertaining and thorough review as always! Bad Blood was *so* entertaining but also infuriating. And David Boies is such a villain! Here's my idiot boss story: a new Associate Publisher of a newspaper. The Publisher knew the AP & I didn't get along, and recommended I demonstrate my value by recommending books & articles he'd find helpful (which the Publisher apparently had in the past). So one day after the AP & I wrapped our business in a one-on-one, I launched into a nonfiction book recommendation that everyone in the building had read the previous year, because it heavily featured one of the paper's star employees. It was a bit alarming that he hadn't heard of it at all. So I go through my presentation but noticed he was huffing in impatience and antsy in his chair, so wrapped it up and awaited the response he was so eager to give. He sighed dramatically and said that while it sounded great (with eye roll), the thing is he really couldn't READ. I noted the word "couldn't" but hoped he really meant "didn't." He sounded more irritated than embarrassed, so I thought he must really mean he just didn't enjoy reading. Surely nobody would so easily confess to not being able to read... while working at a newspaper!? Nope. And he liked me even less after this encounter. In one meeting, he was telling the group about a movie he'd seen where people laughed at a line he didn't get, and from the context thought he might reference Shakespeare. He turned pointedly to me and sneered, "YOU'd probably have gotten the joke. But believe me, MOST people didn't get it." Well okay then; obviously he was totally fine and had no chip on his shoulder whatsoever. I do have sympathy for people who manage to make it through school without learning to read. I suspect he had ADHD; don't know whether he was ever diagnosed. But dude, don't be such a dick about it. And, you know, it's never too late: hire a tutor with your fat salary. He was a white dude who came from a privileged background. And somehow ended up with an MBA from a top school. And worked as an Associate Publisher at a NEWSPAPER.
@ThePoptimist
@ThePoptimist 3 года назад
That was a wild ride - and also ...holy crap. Totally get it though, the sheer amount of dumb mediocrity that's allowed free passage thanks to family connections is staggering. Being a dick about it? a feature, not a bug - any sort of self-awareness would be absolutely debilitating, best to double-down and keep collecting that fat paycheque.
@huckster86
@huckster86 3 года назад
It was such a good book! A real credit to what journalism can accomplish. So far I've been fortunate to not have any CEO horror stories (whether because they are good bosses, or I've been too far down the ladder to be directly impacted or witness to it).
@ThePoptimist
@ThePoptimist 3 года назад
Hey Ryan! Scarily it's a testament of how almost insurmountable breaking stories like this can be. To think that a sole investor (Rupert Murdoch) in for $125 million could have just given in to Holmes and pulled the story - and how often stuff like this probably happens. (We're seeing how long media folks have kept quiet on We Charity here in Canada)
@huckster86
@huckster86 3 года назад
@@ThePoptimist Yeah, that's so true. It makes a great case for why journalism needs to be funded to stand up to these forces. I remember a think piece on Medium back during the 2016 US election that laid the results and misinformation at the feet of a revenue model that prioritizes clicks. The author said that this is the consequence of us not paying for our media. That night, I bought a subscription to the Economist as my first step towards doing my part (though arguably I should have started with my local paper...). I just finished Doris Kearns' book The Bully Pulpit and found the story of Ida Tarbel and her journalism investigation of the Standard Oil monopoly super fascinating (before muckracking ruined the culture around longform investigation).
@ThePoptimist
@ThePoptimist 3 года назад
You're right - we could all start by paying for the journalism we want to see. I think of how much money changes hands in Twitch for streamers creating communities and experiences and think why can't that be the same for journalists. I need to start putting money to the work I want to see out there. Off to subscribe to Canadaland. Thank you!
@karakask5488
@karakask5488 3 года назад
This book was fascinating. I don't understand both how people get caught up believing these scammers and how the scammers have no guilt about it. It just blows my mind. Boss behavior: I had one pull me aside and tell me that I was too smart and knew too much about the company, so could I please tone it down because "people" were feeling inscure around me. And various temper tantrums from others. Oh, and one told me I wasn't emotional enough about my work, whatever that means.
@ThePoptimist
@ThePoptimist 3 года назад
Walgreens was completely driven by FOMO - did not want to miss the boat on what could be a world changing technology. It's the same with Bitcoin and NFTs I suppose.
@Cakeoooooh
@Cakeoooooh 3 года назад
My first ever office job....the CEO would tear off tiny bits of his eraser and throw them at my colleagues. (He never threw them at me...LOL) If anybody stopped doing what they were to talk to him (he clearly wanted attention), he'd call them lazy and tell them to get back to work! I left the company after about 9 months. I just couldn't take it anymore. Bits of erasers all over the place!
@ThePoptimist
@ThePoptimist 3 года назад
that sounds like what an unruly 5 year old would do not a CEO! Just crazy
@judybrown1624
@judybrown1624 3 года назад
As a medical lab tech, I would have bet the farm that it was a scam when I saw the story early on. Technology in medical lab testing advances rapidly, but not that rapidly.
@ThePoptimist
@ThePoptimist 3 года назад
Carryrou did a Reddit "ask me anything" and tons of folks chimed in with much the same sentiment - it became clear Holmes focused on the "dumb" money with no medical background whatsoever.
@serenity8910
@serenity8910 3 года назад
I'm a lab tech as well and I truly think this whole thing is a real insult to our profession. I haven't read the book but I listened to the podcast. I was so shocked! The science behind the technology doesn't even make sense.
@judybrown1624
@judybrown1624 3 года назад
@@serenity8910 because there was no science behind the technology.
@sweeteliz
@sweeteliz 3 года назад
I have had this sitting on my TBR for way too long-- it hits a tender spot because *I* too was sucked into the cult of Elizabeth... though not financially, i was sucked in emotionally. I was so amazed by the trajectory of her career and with how she presented herself .. and I was wow'd by the "technology" we all now know as a lie. I was in awe of her -- as a scientist, a technologist, a trailblazer, a woman. I am angry that she duped the media ... and the world. I am angry that I believed the lie. I am *still* angry and embarrassed. It's going to be a hard read for me.
@ThePoptimist
@ThePoptimist 3 года назад
Even worse she's made it all the more difficult for female entrepreneurs (especially in medtech) to get investment as a result, to say nothing of the inevitable comparisons, jokes and hesitancy from folks they need to rely on to grow their companies.
@PungiFungi
@PungiFungi 2 года назад
Never look up to someone just because they are of the same race, sex, sexual orientation etc. Look up to them for what they have actually accomplished. Con people rely on the human instinct to identify those like themselves to run their scams.
@madworld1962
@madworld1962 3 года назад
I worked for a local computer company. The owner was 100% like Burns on The Simpsons, complete with his own little Smithers. I kid you not. I'm heading for 60 and I've never, ever seen anything like it before or since. As far as being dumb, I think that we have to stop being surprised at what halfwits we humans are. We believe we are primarily rational beings. The entire planet's response to catastrophic climate change, the pandemic, unending wars, and horrific resource disparities says otherwise. I think it's David McRaney who said... "Emotion is not separate from cognition. Emotion is cognition." Until we face the fact that rationality is not our strong point, we will continue to make horrible "decisions" and be ruled by charlatans.
@ThePoptimist
@ThePoptimist 3 года назад
We're just dumb, irrational and superstitious monkeys - it's a wonder we've gotten as far as we have.
@madworld1962
@madworld1962 3 года назад
@@ThePoptimist I think that unless we realize that we humans are not objective and detached beings, but operate on our own biological imperatives our big brain will continue to lead us to destruction. I don't see it as inevitable, but the paradigm so far has been wrong. Is that poptimism? I'm not sure :)
@TansuTansu2
@TansuTansu2 3 года назад
Elizabeth Holmes incinerated 900 Million dollars belonging to wealthy and famous people - who have now also been humiliated (since they look like dumb money for having invested in Theranos without doing any due diligence). I know of a banker in Italy who was disappeared (not in the Balwani sense) for having lost a lot of money belonging to a wealthy and infamous Russian in a Madoff investment in 2009.
@ThePoptimist
@ThePoptimist 3 года назад
I'll be curious as to how the case goes - convicting her seems like an inevitability given the money she lost, I'm a bit surprised there isn't more a scorched earth campaign to steamroll Holmes. At the same time I wonder if the sums (astronomic to most of us) are equivalent to a weekend worth of losses in Vegas for most of us and not worthy of note.
@TansuTansu2
@TansuTansu2 3 года назад
@@ThePoptimist I am a (not insubstantial) investor in real Biotech and I am quite puzzled as to how the board did not look at each other and say "wait a minute, who here has any medical expertise.....?" The board for my Co. has nobody below at least one Phd in molecular biology on the medical side (1/2 board is medical). I think real jail time is inevitable. People who have Legal, Financial, and/or Medical backgrounds have a higher duty of care for those who they advise or offer their services to (since the recipient of that advice could suffer Legal, Financial or Medical losses). Jail time is necessary - hopefully the jury will see more than the board saw.
@1book1review
@1book1review 3 года назад
reat review of something I've never heard of.
@ThePoptimist
@ThePoptimist 3 года назад
I won't say the coverage is pervasive but I do see a lot of it popping up with the trial underway - it's the sort of crazy venture capital investment story we tend to cover over here.
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