Elizabeth Holmes promised the world a medical transformation at the age of 19
and said that she invented the small one-size-fits-all
machine a drop of blood can set the map in our lives boasting was a terrible disease as cancer would be prevented before it happened and it was not just a minute for high-profile patients to invest heavily at Elizabeth holmes company Theranos.
Their money was confirmed to be the first billionaire woman we made for ourselves but her creation was an invention it didn't work Elizabeth holmes is not an industry.
A fraudster who puts people's lives at risk and is found guilty of 20 years to find out what you were born to do
when you give all of that then you can see the good things.
Holmes makes the biggest promise that he can save lives with a blood transfusion machine.
He has created and that will make it available to everyone through supermarkets and pharmacies Theranos means being able to start the disease on time so we can do something about accepting Elizabeth Holmes.
"California silicon valley and some of the richest people in the world buy a dream there are people in this country who are changing our lives founded the company 12 years ago, tell them how old I am"
When I am 19 years old. popular and most of all was that she was a women's manager which is very popular now it is the world of someone who has known for a long time that she wore black turtlenecks like Steve also sold his little tail and everyone bought it for a while.
The change promised by Elizabeth holmes was to put a life of prevention in our hands literally all that would take would be a single drop of blood from a finger.
Where hundreds of blood would be pumped tests are used to break the ground a small test tool posts reliable results quickly and cheap people don't like big needles stuck in their arms yes, you are one of those people very well Elizabeth's machine will erase the traditional way of doing large quantities of blood taken from the arm with large needles and expensive laboratory analysis and time-consuming.
The aim was to allow everyone to have a blood test several times a month and to build a profile of their health and to treat diseases such as cancer in their first home people who do not know and have a basic human right to access information about them.
Their bodies could change their lives but as spies would expose Elizabeth holmes' transformation it was an extraordinary deception a lie that endangered people's lives would you ever be asked to make false or misleading information oh oh just throw it away.
These experiments did cost almost $ 1 billion investors no money that it all just eliminates any comments from investors and could end up with prison houses for up to 20 years come to his fraud case later this month until please raise your right hand.
you swear to tell the whole truth the truth and nothing but the truth I do how can you explain the rise and fall and the fall of Elizabeth holmes well I think commenting on the silicon culture is so much exaggerated.
In this tradition, you know that young entrepreneurs were born to behave this way, and many people in the room who are willing to drink kool-aid are all hoping to break up the unicorn club starting billions of dollars in the silicon valley at the time.
This was a unicorn boom and this was 2015 and things were getting really weak in silicon valley and people didn't want to miss the next Facebook and a lot of people wanted him to get into the next rocket to get rich.
When he first asked me should I say I was a graduate student science student eric Chung was not rich.
She just wanted a job and Theranos and Ernest Elizabeth holmes in helm was a dream come true for me as a young scientist working for a company that looked compelling and a strong leader who seemed to support her too.
But Erica was shocked to find Theranran's dream was actually a myth driven by holmes and chief operating officer Ramesh listened to Lalwani Elizabeth's boyfriend at the time with all the great black joy.
The box just didn't work could not do what the two say the truth of working at Theranos was that many things were said
As for the company, there was really nothing going on behind the closed doors blood test.
The results were always false or misleading but even this was hidden within the unaware community despite the serious health risks.
I just wanted people to know that they are using this faulty device to diagnose patients and need to stop the news of the bad habits of Therran circulating but it was journalist John karat of wall street newspaper.
I will be the first to start investigating focus on me and I saw that you know that this was not just a business fraud and a corporate fraud, but it could be a fraud that had a huge impact on public health.
So, I thought it was a big deal for all hope and hype Elizabeth holmes was now accused of fraud but as it will be clear the results of her fraud were real and dangerous this cannot be forgiven now and forever.
The remarkable story of health startup company Theranos and its founder Elizabeth holmes begins at Stanford University in e2003.
This used to be our advisor's office at just 19 and after just two semesters studying chemistry from university to become a medical technology entrepreneur a few more classes in chemical engineering were not necessary for what.
I wanted to do first to hear his future business plans was Dr. Stanford medical professor, Dr. Phyllis Gardner, unlike many homeowners, Dr. Gardner was not impressed if Elizabeth Holmes always had big dreams in your view.
He was 19 years old. he did not want any expertise he thought he knew very well you do not have it at the age of 19 sorry but from the beginning, Elizabeth holmes knew the power of pr. I believe man is the answer to health care challenges.
He did not bother to prove that the so-called groundbreaking blood test device could do all that he promised through peer review or in-depth information. - our senator is both a retired naval officer and a retired naval general including George Schultz Henry Kissinger.
The board was George Schultz Jim Mattis henry is more refreshing with a bunch of four-star generals and someone said this is like aboard.
"That will take over the world and uh but it has nothing to do with medical advances anything so everyone has deceived the silicon valley had an egg in its face for this but at first, like many short-term investors Eileen leper was impressed after being advised to immerse the hard-earned 100,000"
If there was anything in the way that Elizabeth Holmes hoped to do promising to make you attractive to this type of investment would.
It is absurd so not for me, I wanted to make money but, I was working in a capital venture at the time, and if you said it would be the same as an apple and get more shares.
I would not know even if there was no proof that Rupert Murdoch was one large investor who bought $ 125 million worth of shares in a joint venture?
Wall Street journalist was a journalist and investigator John Karau manager at the time kararu revealed holmes' spin as captions were not available and especially.
He was right uh like other investors you certainly know they should have done the right diligence I think it was Elizabeth's deliberate choice to focus on uh I would like to inexplicably dumb billionaires and offices in their families in contrast to the complex uh money of wound mines.
Who doesn't think they would have fallen for the same lies what do you think of investors who lined up to give him almost white billionaire old men right.
I can tell you that the brain goes south which they never thought of their brains are what you say uh-huh I don't know and they believed him and he might look sure.
He didn't like me but he would be interested in the old men who give people the right to get a laboratory test by definition it will start the process of enabling them more and more according to former lab co-worker Erica Chung.
They were producing really inaccurate and incorrect results in many types of blood tests you know tests like hepatitis c or your thyroid test or potential cancer test.
It clearly tells us we need to stop testing everyone she should have had the ability to get that kind of test but Elizabeth was not listening eagerly for her expertise to get her opinion your life is very important to us as a child of all those who has taken theranosmania. (Continue)
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