who else is binge watching her interviews in 2020? it is hilarious to watch how they were praising her back then. Though her fraud is disgusting, wrong test results can kill the patient.
this dude asked the best questions I've seen in all of her interviews. He asked how they stayed stealth for so long, to which she replied " our clients signed non disclosures" That should have been a red flag for us all lol
Because he was one of the few people that interviewed her that knew anything about technology. She normally avoided people like this like the plague. And after this I don’t think she ever did another interview again with anyone with expertise in medicine or technology. Until the very end after she was exposed, she was forced to sit down with science and medical experts to try to explain herself, and she was basically laughed out of the room
Morpheus It ain't about gender. Scams and frauds should not age well. All humans need a higher level of awareness about emotional manipulation and have the courage to speak the truth. I do.
I don't feel sorry for those men who invested millions in her business, I feel very sorry for the people whose health/lives were at risk because of this criminal woman
Yeah... If the machine really worked, they would've confidently performed the test in front of the crowd instead of going backstage to crap on the Siemens machine. Hahahaha
And the results will still be messed up on the Siemens machine because they hacked (broke) it to make it "function" on that little bit of blood they took! It's really stunning on every level lol.
"There aren't that many pharmaceutical companies." There is a ton of them. One of the most fragmented market there is. After binge-watching these Theranos video I came to the conclusion that she was clueless even about the basics.
Elizabeth didn’t do the work or have the experience that Dr Gardner told Elizabeth would be required. I still can’t believe executives bought into her image when she had no chemistry or biomedical engineering credentials, or medical degree, or biology degree. Dr Gardner was trying to tell Elizabeth that medicine is also diagnosing the patient not just on data but also being able to provide the human component. If Elizabeth had taken Dr Gardner’s advice and stayed humble Elizabeth could have done great things as herself and not end up a washed up fraud.
This is so funny to watch now. Knowing what we now know, it’s like looking through a crystal ball. Funny thing is a very good friend of mine who’s a very smart doctor told me that she’d NEVER make this work and he pointed to this interview in fact. He said, “if Theranos tech is legit, why isn’t the Edison machine right there on the table? Why aren’t they showing you the process right there?” Well we know why now. He was chastised by colleagues and friends who believed in her. He lost a lot of friends over his outspoken disbelief in her “money grab” he called it at the time. Looking back his opinions were prophetic.
She had a sleek black cabinet designed, and it had a blue screen which displayed text, so it would have made a nice stage prop. It also ingested something looking like a tape cassette in which the miraculous nanocontainer was inserted. It impressed her board and convinced them she was onto something really really big!
@DnB and Psy Production he actually bought a bunch of NY Times copies when she was indicted, clipped the article, framed it, and shipped it to like 3-4 different guys that called him a moron. Very redeeming for him.
There’s a saying “fake it ‘till you make it”. I think she was hoping that if she faked greatness, she would eventually get it. I think she was hoping that someone she would hire would make the machine work. So, someone else does the work, she gets the credit. 😑🙄
Fascinating to watch these videos now with what was revealed by John Carreyrou and the heroic whistleblowers of Theranos. I can't get my head around what makes someone become so deceptive.
It never ceases to amaze me that she managed to bamboozle everybody to the tune of billions of dollars for over 16 years before somebody thought to ask if the product she was hawking actually worked or not. As far as scam artists go, she has got to be the best who ever lived.
The more I learn about this story, the less smart I think she really was. There was kind of a perfect storm of circumstances that allowed this scam to go as far as it did. She was good at manipulating people, and she knew the right people to manipulate, but there were just so many things that lined up perfectly for this to happen. Just one example out of hundreds, she had a very close family friend that agreed to give her money to get started, and he just so happened to be one of the country’s most famous investors, this investment gave her instant credibility when other investors found out. But she was very dumb in many ways, she had no idea how to run a company and the pointless ways she way burned through hundreds of millions of dollars with nothing to show for it were ridiculous
Why is it she never gets interviewed by a medical professional? Why didn’t anybody ever ask the logical question, “How is it that clinical labs who have been operating for a hundred years haven’t been able to crack the finger stick blood sample AND get accurate results”? Everything she says in response to his question about how the sample was processed is a dodge. Or a lie. Or both.
This was a typical interview, with an English professor drooling all over "this young lady" and claiming that "this young lady" knew all of Jane Austen and "this young lady" read Moby Dick at age 9 and "this young lady" knew fluent Mandarin and. . . with that weird proud-Daddy-with-creepy-sexual-subtext facial expression. It's just jaw-dropping. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-uJDc4tOU3zo.html
How did she manage to build this business and get investors? And grow to be worth billions of dollars all while never proving anything? Wow, I just don't get it!!!
cosmicj88 Just read that book Bad Blood by the reporter who busted her scam. She is actually very smart and manipulative (possibly psychotic) and its almost breathtaking how she fooled so many people for so long
@@mcmugandmcdull Not only the sensitive thing, but tips of finger are used to touch things while inside of the arm is typically not, so you might have to touch things with the finger they have just pricked, seems suboptimal to me.
If it's a good nurse for sure it will be basically painless. It looks like a simple task, but requires experience, knowledge and understanding. Another thing is, how to stay natural when you are promising something that you know in advance that does not work. This is beyond my comprehension.
the "traditional process." wow, it's avant-garde man. Disrupt me. Holmes does not say one word about how the testing process works, she just repeats sweet nothings about the business model and how they are setting up wellness centers in pharmacies. In other words, always support nothing with something. Take note, the simulacra is a skill set.
@@Elegant_Sausage narcissists can lie an manipulate just like psychopaths, She is not a psychopath, more like a narcissist, trust me I have studied psychology longer then you
Q: 'Can you walk me through what my blood would go through as it gets tested in your labs?' A: There's a sample... There's a cost... We have wellness centres... And partnerships... And expansion... People have identification... For eligibility... ... And just like that, question eluded
I cannot believe she fooled every "credible" tech journalist, investor, etc. Absolute madness. She spent 11 years in stealth mode, and came up with nothing that could even work properly. She refused to change or adapt, or adjust her vision and instead decided to launch in desperation for venture capital. Just a terrible entrepreneur. Disgraceful really.
@@cjsmith8319 moral, ethics and smartness aside. She has no intelligence at all man. Although she knows how to lie pretty well. That's not a good entrepreneur, that's a dangerous one
lol thanks all I guess. Back then I knew very little about Holmes but the Theranos board looked like a consortium of war criminals: Kissinger, Gen. Mattis, George Shultz. But Kissinger was definitely the biggest red flag.
I am a Lab Scientist and I get to test my blood almost everytime. And for that, I prefer venipuncture than skin puncture or finger prick in terms of pain and not to mention that we can generate more accurate results with the right amount of blood.
People rarely admit that they are"afraid" of needles. They say something like "I don't like needles" or ",I don't have a good relationship with needles". Holmes uses the word afraid to give her more credibility but I doubt that she was actually afraid.
she wouldnt allow different divisions to speak to each other the turnover was high those who knew were fired or quit many didnt know others were true believers others...especially the visa workers (they broke the law here too and used more than were allowed) were made fearful that losing their jobs and being deported a few knew about the con and should have also been prosecuted the worst were the board members
“So what happens to the blood sample now?” Starts talking about insurance. What a terrible, boring non-answer. Not even she understood whatever she tried to explain there because it’s all made up.
The WeWorks guy scammed his investors and he's still a billionaire. You can BS people on tech and real estate but on medicine which is life and death, no.
This was not about her "end-to-end" reinvention of blood testing. Even though she told George Shultz that the Edison was being used by the military, she didn't answer Shieber's questions about that, just went in circles. He asked how it worked after his blood was drawn and she goes to pricing.The problem is he was too impressed with the valuation and busy waving his arms to ask her simple questions, like is it now being used by the military? Tell us about the breakthrough moment. Were my tests correct? She makes up pricing.
Lynn Ross Also, her hub and spoke biz model was flawed. It was expected to rely on Edisons at every wellness center, with no transport of samples to a central lab.
Yes, her 3 REPETITIVE words in EVERY SINGLE APPEARANCE she ever did: 1. "In the context of ." 2. "Infrastructure" 3. "Decentralize" ADDITIONALLY, she would answer a SIMPLE question with a LONG "NON-SENSE" ANSWER with KEY MEMORIZED words/phrases that had nothing to do with the question being asked ("B.S..!!") that you try to connect the dots and you simply lose track of what she's saying and just make the listener want to SKIP to the NEXT question; however, IF the people interviewing her would have PRESSED her to answer the question, it would have been more difficult for.her to sustain this LIE/FRAUD!
11:25 So obviously a fraud. She talks like a late night info-mercial. "We literally created everything that was impossible before and made it possible. The chemistry was impossible and so was the technology, but we literally invented the chemistry to make it and possible and we also made the technology that made analyzing the impossible chemistry possible." We literally made everything that didn't exist yet. The claim of the phony.
If you listen carefully knowing what we know today about their in-house testing setup, she doesn't actually lie about anything. Much is assumed and we all know whose mother Assumption is. The Interviewer is hyping her service and she doesn't have to say a word. Clever girl.
“Tens of thousands of times.” The woman lied repeatedly, deceived intentionally, repeatedly. And yet, she may get off Scott free. Un-freaking-believable.
7:55 *directly asked what happens to the blood after it is drawn* "We're redeveloping laboratory infrastructure in the context of well-being, and a national roll out with Walgreens in the context of low cost real time eligibility." I'm paraphrasing, but her actual answer is equally meaningless.
@@seanwebb605 taking in consideration that most of them were war criminals and males, they had to be very encline to closing their eyes on the wtf parts of her "plans", with anticipation that they'd be able to cash out (with a nice multiplicator) in case of derailment :)
That adopted voice gave her the persona she sought: compassionate but decisive medi-tech saviour. Her vocabulary serves the persona; fast phrases dance around, like dialogue out of Alice in Wonderland, but never settle or illuminate anything valid. And it's framed by that smiling blue-eyed blonde allure. Who is she behind the persona, though?
I have never been afraid of a professional nurse or dr, drawing my blood, I am afraid of a punch in the face, of someone stab me, or jumped me at night when I am alone etc. but not a needle I am an adult .
I love how she keeps referring to the "tubes of blood" and not saying the word volume or anything besides something that implies she does not know much about what she is talking about.
“We don’t disclose what our revenue is because there is no revenue….. I mean, it’s because it’s a trade secret …… no, wait ……. it’s because we’re a private company …….”
This is three months after that Roger Parloff Fortune cover story on her. Holmes became a media darling and went on every interview and tech conferences like this one...not knowing all this over exposure and her rabid doublespeak is the beginning of the end for Theranos. The Wall Street Journal exposed her a little over a year later.
A dork interviewing a psychopath. No feelings for the people at Walgreen's that actually had the tests done there. She will spend about 20 years in a nano-cell. And that dork, leave. He is probably still waiting for his blood testing results.
I couldn't stand how she'd cross her legs with her ankle resting on her knee and those ditzy little shiny patent leather shoes showing. Christ! This would make a good Halloween costume.
Ive heard people say well she started with good intentions but unfortunately it got out of control and then she hoped it would develop. I think she lied about this all along because how could this ever have been possible 15 years ago if it still isnt possible today? I think her evil genius was the non disclosures. With those in place there was no real way for the truth to come out allowing her to simply pathologically lie from day 1.
I watched this video to find some clue indicating there was some truth. He had to repeat multiple times to explain the process that makes it possible. First, she went into explaining the patient enrolment procedure and second time she just said "run through the chemistry". I cannot believe this happened with so many bigshots investors. I am disturbed by the sheers dumbness and the lack of intelligence. Also because I see this dumbness all the time in the corporate world. So nobody ever saw the process end to end for 10 years. What about auditors? Medical or Financial. I am really disturbed.
give money to that person, he'll tell you what you need to hear and validate whatever you want him to. History repeats it self again and again and people keep wondering "why/how"
Shkreli is in jail for 7 years, for a crime with no victims while she put the public's health at risk and many investors went to shit, and she is free.
If blood is drawn correctly it should not hurt. Have you ever noticed how sometimes it stings something awful and other times they put the needle in your arm and it feels like you were born with it
She just dodges the question. 🙄 The interviewer was asking how it works, and she answers by talking about wellness centers and that patients will have to consult with their health insurance company on pricing. 🤨
+One Man's Chorus wrote "Elizabeth Holmes has an incredibly deep voice for a woman." Her voice is as fake as her technology. She is a fraud and a sociopath who has lost hundreds of millions of other people's money.
NibsNiven yes- apparently her mongoloid deep voice is fake. Her natural voice is much different. Why she made this part of here ruse - i dont know-- maybe so people are focused on her robotic sounding voice instead of the stream of explosive diarrhea coming out of it
They supposedly reinvented chemistries, hardware, software, consumables, and infrastructure to reduce cost, eliminate manual intervention, and ensure the highest quality results.
there is and will always be things that are bottlenecked by the very laws of physics. Maybe AIs could help a little with that though nowadays, sure thing that woman would have LOVED that new "mysterious & intriguing" technology, creative generations would have been a perfect fit :D
She says she's done the fingerprick blood test draw "tens of thousands of times". Say 20,000. Say in the course of 15 years (to be generous). That means 1,333 times per year. Or 3 to 4 times a day. So if each draw provides enough blood for 100s of tests for all these diseases.... don't really know how to finish the sentence, but anyway, a bit weird.
Given that currently we have "pregnant PEOPLE" and that it's apparently impossible to define a "woman" unless one is a biologist...your prediction would actually be entirely plausible.
When she said Theranos would save Medicare 'hundreds of billions of dollars a year' that is when TC shuould have called 'BS'...instead, they do nothing but cheer lead...
