Thursday, Aug 5, 2021 • 3min
Introducing 'The Dropout: Elizabeth Holmes on Trial'
Play Episode
Starting Aug. 31, in a series of new episodes, "The Dropout: Elizabeth Holmes on Trial" will take you inside the courtroom, breaking down the evidence and keeping score for both sides until 12 jurors decide the fate of the Theranos founder and new mother. Three years after she was first charged, we find out how this saga finally ends.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Read more
Talking about
Speakers
(1)
Rebecca Jarvis
Transcript
Verified
00:02
Please begin.
Share
Speaker 2
00:02
This is the testimony of
Elizabeth Holmes
going on record in San Francisco
.Share
Rebecca Jarvis
00:07
She was a rising star in
Silicon Valley
.Share
00:10
Did it concern you that a number of tests weren't working on thoroughness, these devices?
Share
00:16
I know that we made so many mistakes on the...
Share
Rebecca Jarvis
00:19
Elizabeth Holmes
, the Stanford
dropout who appeared poised to change the world with her revolutionary blood testing technology.Share
00:26
If she had made this work, she would have done the next
Steve Jobs
Share
Rebecca Jarvis
00:30
But didn't.
Share
00:31
This is not a fact that you make. This was a product that didn't work.
Share
Rebecca Jarvis
00:34
She's accused of misleading doctors, patients and investors.
Share
00:38
It's just a moral breakdown at the highest level.
Share
00:42
Her fall from grace was spectacular.
Share
Rebecca Jarvis
00:46
In the three years since
Elizabeth
was charged with criminal fraud, she's been living life to its fullest.Share
00:52
It's just amazing.
Share
00:54
Most people would be devastated.
Share
Speaker 4
00:56
But not her.
Share
Rebecca Jarvis
00:56
She's in a new relationship with a hotelier nearly a decade, her junior.
Share
01:01
She introduced her friend as her fiancé and I was like I wonder what story she has been telling him and herself really.
Share
Rebecca Jarvis
01:09
And she's a new mom and just gave birth to her first child.
Share
01:13
Oh, alright, I certainly was just waiting for that. Great way to garner jury sympathy.
Share
01:19
I really think that could backfire.
Share
Rebecca Jarvis
01:21
But
Elizabeth
is finally going to trial. Why is she now being tried separately from her former boyfriend and COO, Sunny Balwani,
who's also pleaded not guilty?Share
01:33
Well, certainly they could turn the case against each other,
Sunny
and Elizabeth
, by pointing to each other.Share
Rebecca Jarvis
01:40
Will she testify?
Share
01:42
I would definitely consider putting her on the stand and I don't do that often.
Share
Rebecca Jarvis
01:46
And what happened to a missing database full of evidence?
Share
01:50
Attorneys for
Holmes
accused the government of losing a database that contained 3 years worth of Theranos
tests. Prosecutors allege that Theranos
executives destroyed that database because it proved that the blood testing product was inaccurate.Share
Rebecca Jarvis
02:04
I'm Rebecca Jarvis.
Share
02:05
Rebecca Jarvis has been following this from the start and...
Share
Rebecca Jarvis
02:08
I've been covering business for more than a decade and spent the last five years investigating
Theranos
and Elizabeth Holmes
. My team and I have pored over hundreds of new legal documents, emails, texts, even what appeared to be Elizabeth's
private notes to herself.Share
02:24
Some of the notes I would say are pretty damning "pack the bags, leave the country", something like that.
Share
Rebecca Jarvis
02:31
If convicted, she could face decades in prison.
Share
02:34
But to this day,
Elizabeth
maintains her innocence and has pleaded not guilty to all charges. For the duration of this trial will take you inside the courtroom.Share
02:44
I have been subpoenaed, yes.
Share
Rebecca Jarvis
02:46
Introducing you to witnesses, key updates, new information and every surprise along the way.
Share
Speaker 5
02:53
This case will probably go down in
Silicon Valley
history.Share
02:56
In my mind, it's a slam dunk.
Share
Rebecca Jarvis
02:57
And if history is any indication
Elizabeth Holmes
, the dropout is not going down without a fight.Share
03:06
This is what happens when you work to change things and first they think you're crazy, then they fight you, and then all of a sudden you change the world.
Share
Rebecca Jarvis
03:15
Follow the dropout
Elizabeth Holmes
on trial wherever you get your podcast and listen to our first two episodes, August 31 and every Tuesday after that.Share
Add podcast
🇮🇹 Made with love & passion in Italy. 🌎 Enjoyed everywhere
Build n. 1.36.0
Rebecca Jarvis