The Theranos Scam
Blood, fraud and money
Claiming to have developed new diagnostic technology that would allow blood testing using one or two drops of blood, Theranos was poised to revolutionise the medical industry. At one time the company had a private valuation of over $8 Billion and Elizabeth Homes was touted as being the ‘Next Steve Jobs’ and was a familiar face on magazine covers and TV screens. However after a spectacular rise came a spectacular fall, Theranos was dissolved and Elizabeth Holmes indicted on charges of fraud. With her court case now delayed until Oct 2020, it’s an amazing story that we just can’t seem to get enough of.
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Drop Out: The Verdict
(45 mins )
Three years after Elizabeth Holmes was charged with 11 counts of fraud, the verdict we’ve all been waiting for is finally in. After seven days and over 50 hours of deliberation, the 12 members of the jury found Holmes guilty on four counts. They were hung on an additional three. How did they reach these conclusions? And what happens next? What will affect Elizabeth’s sentencing, and how will the appeal process work in this case? Finally, what will the ripple effects be for Silicon Valley?
PlayThe Rise and Fall of Elizabeth Holmes’ Theranos
(46 mins)
The Dropout tells the story of the rise and fall of former Silicon Valley darling Elizabeth Holmes, the youngest self-made female billionaire. She dropped out of Stanford to launch her company Theranos — claiming her technology could detect hundreds of diseases from a drop or two of blood. If it worked, she would have changed healthcare forever. ABC News Podcasts.
PlayPODCASTS
Lessons of Theranos
(27 mins)
What can we learn from how one medical start-up fooled Silicon Valley and the world? How did she manage to deceive some of the world’s cleverest minds – and is there something about start-up culture and the cult of the visionary leader which encourages charlatans? Evan Davis and guests discuss. The Bottom Line, BBC Radio.
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Dr Phyllis Gardner, Stanford Professor & Theranos Critic.
(41 mins)
Dr Phyllis Gardner who worked behind the scenes to expose Holmes, discusses why ‘fake it till you make it’ doesn’t work in medicine and the human cost of the fraud. Danny in The Valley Podcast.
PlayVIDEOS
Theranos, Elizabeth Holmes, and the Cult of Silicon Valley
(31 mins )
Reason TV sat down with John Carreyrou, the Wall Street Journal reporter who unmasked Holmes. An interesting summary and interview with the man who pursued and broke the story. June 2018.
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Theranos CEO Elizabeth Holmes: Firing back at Doubters
(10 mins )
An interview with Elizabeth in Oct 2015, Mad Money, CNBC.
WatchElizabeth Holmes Defends Theranos
(14 mins )
Elizabeth Holmes defends Theranos amid media scrutiny at Fortune’s Global Forum. In Nov 2015 she sat with Fortune’s Alan Murray to discuss setbacks the company had concerning its blood tests.
Watch5 Signs You’re Dealing With A Narcissist
(12 mins )
You Tube video, 5 Signs You’re Dealing with A Narcissist, which uses Elizabeth Holmes as their primary example!
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ARTICLES
How John Carreyrou Exposed the Theranos Scam.
+A Q&A with John Carreyrou the author of ‘Bad Blood: Secrets and Lies in a Silicon Valley Start-up. By Kate Knibbs for The Ringer, May 2018.
Read ArticleWhat’s Sunny Balwani Doing in 2019 ?
+Elizabeth Holmes’s Theranos Partner Is Facing Charges by Trish Bendix for Bustle Mar 2019
Read Article
The latest update on the case against Elizabeth Holmes
+CNBC tech Nov 4th 2019 : Elizabeth Holmes dodges questions about unpaid legal bills as charges fly over case documents by Jasmin Khorram
Read ArticleEverything We Know About The Bad Blood Movie
+Holmes’ story is also getting the feature film treatment starring Jennifer Lawrence. Here’s what we know about the upcoming movie, called Bad Blood.
Read Article