Tuesday, Jan 15, 2019 • 2min

Trailer: The Rise and Fall of Elizabeth Holmes' Theranos

Play Episode
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. But today, Elizabeth Holmes is under criminal indictment. She pleaded not guilty, but is facing up to 20 years in prison on wire fraud charges. So how did it all come crashing down? In exclusive interviews with former employees, investors and patients, and in and never-before-heard depositions from the people at the center of this story -- including Holmes herself -- you'll hear an unbelievable story of fame and ambition gone terribly wrong. Learn more about your ad choices. Visit megaphone.fm/adchoices
Read more
Talking about
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Speakers
(1)
Rebecca Jarvis
Transcript
Verified
00:00
Please begin.
Share
00:02
This is the testimony of
Elizabeth Holmes
going on the record in
San Francisco California
. It's 9 o'clock.
Share
Rebecca Jarvis
00:09
This is the story of the rise and fall of the world's youngest, self-made female billionaire.
Share
00:14
Did it concern you that a number of tests weren't working on
Theranos'
devices?
Share
00:21
That I know that we made mistakes.
Share
Rebecca Jarvis
00:24
Not so long ago,
Stanford
dropout turned CEO
Elizabeth Holmes
was a rising star in
Silicon Valley
.
Share
00:31
These tests detect dozens of medical conditions based on only a few drops of blood from a finger prick.
Share
00:37
She was on
Charlie Rose
, she did CBS this morning.
Share
00:40
At 19 years old
Elizabeth Holmes
dropped out of
Stanford
.
Share
00:44
She did
CNN,
I mean on and on and on.
Share
00:46
No one has ever seen this year of the first one
Share
00:48
Wow.
Share
Rebecca Jarvis
00:49
Her company,
Theranos
was poised to change healthcare forever.
Share
00:53
If she had made this work, she would have been the next
Steve Jobs
.
Share
Rebecca Jarvis
00:57
But today,
Elizabeth Holmes
is under criminal indictment. She pleaded not guilty, but she's facing up to 20 years in prison if convicted. So how did it happen?
Share
01:07
It's a story of greed and it's a story of incredible deception in the drop out.
Share
Rebecca Jarvis
01:14
We'll look at how
Holmes
initially won over everybody, from investors to politicians to the media. And we'll tell you how it all came crashing down through exclusive interviews and never before her depositions.
Share
01:26
To your knowledge, did
Miss Holmes
know at the time she made those statements that
Theranos
could not do all those tests?
Share
01:33
Yeah, she knew.
Share
Rebecca Jarvis
01:35
I'm
Rebecca Jarvis
. I've been covering business for more than a decade, from the housing collapse to the fall of
Bear Stearns
to the
Bernie Madoff
scandal. But no story comes close to the mystery and intrigue of
Elizabeth Holmes
.
Share
01:48
You've got this really smart female ceo who's going to do a wonderful thing for the world. It is a great story. We all want that to work.
Share
Rebecca Jarvis
02:05
Subscribe to
The Dropout,
wherever you get your podcasts. Look out for our first episode on January 23.
Share
Add podcast
🇮🇹 Made with love & passion in Italy. 🌎 Enjoyed everywhere
Build n. 1.36.0
Rebecca Jarvis
BETA
Sign in
🌎