If you've ever gone to the hospital to get blood drawn, you know what a massive hassle it can be: For a lot of us, it means a painful needle drawing vials upon vials of blood, leaving many feeling dizzy or even fainting. On top of that, in many cases, the needles, the vials, the chemicals used to stabilize the blood inside those vials, and the equipment at the labs your blood is sent to are far from standardized. Transporting your sample to those labs takes time, and the labs use separate, massive, and expensive machines for every single test. Basically, every step of the process is a pain.
What if we could get rid of all that? What if, just like a diabetes test, we could use a simple finger prick to draw a few drops of blood, put it into a small, affordable device we could even keep in our homes, and test for everything all at once—from cancer markers and drug levels to our hormones, cholesterol, and infectious diseases? We could even send those results instantly to a specialist over the internet, meaning we'd get our evaluation in a matter of hours instead of days or weeks. Wouldn't that be amazing?
Well, when a 19-year-old Elizabeth Holmes dropped out of Stanford University in 2003 to launch a brand new startup in Silicon Valley, that was exactly what she promised the world: Theranos. This company was going to completely rewrite the blood-testing industry. It was poised to be humanity's greatest invention since antibiotics. Instead, Theranos became one of the most massive frauds in human history and Silicon Valley's greatest blunder. This is the blood-curdling story of Elizabeth Holmes, one of the most chilling con artists of our time...
#Theranos #ElizabethHolmes #SiliconValley
00:00 Intro: The Problem with Blood Draws and the Promise of Theranos
02:07 Who is Elizabeth Holmes?
03:31 The Birth of Theranos's Edison Machine
04:16 Can You Really Run 1,000 Tests on a Single Drop of Blood?
05:38 Can a Giant Blood Lab Fit Inside a Box the Size of a Printer?
06:22 Theranos's Business Model: "Fake It Till You Make It"
07:24 The Secret of Theranos: Elizabeth Holmes and the Art of Manipulation
09:26 Elizabeth Holmes and Steve Jobs
10:55 Elizabeth Holmes: The Wealthiest Self-Made Female Entrepreneur in History
11:38 Theranos Completely Disregarded Patient Ethics!
12:57 The Theranos Lie: The Beginning of the End
13:50 The Journalist's Dilemma: Could Journalist John Carreyrou Investigate His Own Boss?
14:45 The Downfall of Theranos and the Demise of Elizabeth Holmes
18:55 Lessons from Theranos: Silicon Valley's Toxic Innovation Culture
19:47 Was Elizabeth Holmes a Sociopath?
21:30 Lessons from Theranos: Will Enablers of Fraudsters Be Held Accountable?
22:09 Outro
***
📽️ Videography & Post-Production: Çınar Ege Bakırcı
Evrim Ağacı's science communication efforts in Turkey are entirely financially supported by our readers and viewers. If you find what we do valuable and want to help us do even more:
💪 You can join our Patreon or Kreosus supporters: Patreon: evrimagaci | https://kreosus.com/evrimagaci
📹 If you'd like, you can also support us using YouTube's "JOIN" button: @evrimagaci
🎪 To buy our science t-shirts, books, and other merch: https://pazar.evrimagaci.org/
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📕 You can find more information about why we need your support right here: https://evrimagaci.org/destekol
Thanks so much for standing with us! ❤
***
SOME USEFUL LINKS:
• To watch our latest uploaded video: https://dar.vin/SonVideo
• To watch our most popular video: https://dar.vin/EnPopuler
• To subscribe to our channel: https://dar.vin/EAYouTube
If you've ever gone to the hospital to get blood drawn, you know what a massive hassle it can be: For a lot of us, it means a painful needle drawing vials upon vials of blood, leaving many feeling dizzy or even fainting. On top of that, in many cases, the needles, the vials, the chemicals used to stabilize the blood inside those vials, and the equipment at the labs your blood is sent to are far from standardized. Transporting your sample to those labs takes time, and the labs use separate, massive, and expensive machines for every single test. Basically, every step of the process is a pain.
What if we could get rid of all that? What if, just like a diabetes test, we could use a simple finger prick to draw a few drops of blood, put it into a small, affordable device we could even keep in our homes, and test for everything all at once—from cancer markers and drug levels to our hormones, cholesterol, and infectious diseases? We could even send those results instantly to a specialist over the internet, meaning we'd get our evaluation in a matter of hours instead of days or weeks. Wouldn't that be amazing?
Well, when a 19-year-old Elizabeth Holmes dropped out of Stanford University in 2003 to launch a brand new startup in Silicon Valley, that was exactly what she promised the world: Theranos. This company was going to completely rewrite the blood-testing industry. It was poised to be humanity's greatest invention since antibiotics. Instead, Theranos became one of the most massive frauds in human history and Silicon Valley's greatest blunder. This is the blood-curdling story of Elizabeth Holmes, one of the most chilling con artists of our time...
#Theranos #ElizabethHolmes #SiliconValley
00:00 Intro: The Problem with Blood Draws and the Promise of Theranos
02:07 Who is Elizabeth Holmes?
03:31 The Birth of Theranos's Edison Machine
04:16 Can You Really Run 1,000 Tests on a Single Drop of Blood?
05:38 Can a Giant Blood Lab Fit Inside a Box the Size of a Printer?
06:22 Theranos's Business Model: "Fake It Till You Make It"
07:24 The Secret of Theranos: Elizabeth Holmes and the Art of Manipulation
09:26 Elizabeth Holmes and Steve Jobs
10:55 Elizabeth Holmes: The Wealthiest Self-Made Female Entrepreneur in History
11:38 Theranos Completely Disregarded Patient Ethics!
12:57 The Theranos Lie: The Beginning of the End
13:50 The Journalist's Dilemma: Could Journalist John Carreyrou Investigate His Own Boss?
14:45 The Downfall of Theranos and the Demise of Elizabeth Holmes
18:55 Lessons from Theranos: Silicon Valley's Toxic Innovation Culture
19:47 Was Elizabeth Holmes a Sociopath?
21:30 Lessons from Theranos: Will Enablers of Fraudsters Be Held Accountable?
22:09 Outro
***
📽️ Videography & Post-Production: Çınar Ege Bakırcı
Evrim Ağacı's science communication efforts in Turkey are entirely financially supported by our readers and viewers. If you find what we do valuable and want to help us do even more:
💪 You can join our Patreon or Kreosus supporters: Patreon: evrimagaci | https://kreosus.com/evrimagaci
📹 If you'd like, you can also support us using YouTube's "JOIN" button: @evrimagaci
🎪 To buy our science t-shirts, books, and other merch: https://pazar.evrimagaci.org/
🎈 To support us via IBAN, crypto, or PayPal: https://evrimagaci.org/destekol
📕 You can find more information about why we need your support right here: https://evrimagaci.org/destekol
Thanks so much for standing with us! ❤
***
SOME USEFUL LINKS:
• To watch our latest uploaded video: https://dar.vin/SonVideo
• To watch our most popular video: https://dar.vin/EnPopuler
• To subscribe to our channel: https://dar.vin/EAYouTube
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