WATCH THE FULL EPISODE OF 20/20: https://bit.ly/2HCTEUE
Elizabeth Holmes’ partner and Theranos COO Sunny Balwani said he gave the company a $13 million personal loan and Theranos cut a multimillion deal with Walgreens.
READ MORE: https://abcn.ws/2AWxmcA
Ex-Theranos employees describe culture of secrecy at Elizabeth Holmes’ startup: ‘The Dropout’ podcast ep. 1
Not so long ago, Elizabeth Holmes was Silicon Valley’s rising star. Like so many of the most successful entrepreneurs before her, she dropped out of college to start a company. But unlike many others, her startup would go on to be valued at almost $10 billion making her the world’s youngest self-made female billionaire.
The company was called Theranos, a combination of the words “therapy†and “diagnosis.†It was praised for being revolutionary and for creating a breakthrough that would change the medical industry forever.
Her board of directors was a who’s who of government heavyweights that at a time included former Secretaries of State George Shultz and Henry Kissinger, former Secretaries of Defense Gen. James Mattis and William Perry and former U.S. Senators Bill Frist and Sam Nunn.
Investments came from some of the wealthiest and most connected people in the world, like media mogul Rupert Murdoch, the Walton family, the DeVos family and even the Kraft family behind the New England Patriots.
But it all came crashing down. Today, Holmes is facing up to 20 years in prison and awaiting a criminal trial for charges of wire fraud and conspiracy to commit wire fraud, to which she has pleaded not guilty.
Those men run our country and there is more if them. There Probably Republican's to.
It's funny. I have a working product with an enterprise SaaS company that has broken even, real customers, global potential and the most funding I have ever gotten is $200K. But then people with, ideas, basically, just a concept, can get cut million and even billion dollar cheques, without any sweat. How does that work? Venture capital is broken. Something isn't right. It's not merit driven.
and of course she duped the liberals and the liberal media lol hahaha how shocking…..not!!!!!! When you find billion dollar cons you'll find the Clintons LoL hahahaha
Now she is in the spotlight as her trial is going on. Her machine was as fake as her blonde hair. Another thing is that the men on her board, men who are supposedly brilliant and admirable men, were easily duped by this fake blonde, blue eyed fraudulent, pathetic excuse for a human being. These men are idiots for easily falling for this monstrosity of a creature.
Nanotainers! I have Femtotainers 10â€ÂÂâ¶th of nanos… gimmie money
Wasn't something like this done in a story?……the emperors new clothes.
Sorry but Americans are so taken up by good looks they forget to look deeper.The minute I saw her and listened to her you could see her fakeness.I think easterners are better at judging character as you can see Jack Ma totally UNIMPRESSED.
The Emporer's New Clothes! LOL Greedy investors not investigating anything, not asking questions, not beeing critical at all!!??
this would have been so awesome and impressive if it was all real:( maybe someday
Back in the day when we saw Holmes we immediately knew that theranos has nothing but only fake technology and everything about it was faked. I mean lots of people knew it. But suckers outweigh the people who knew those. Look at jack ma’s reaction when Clinton showered Holmes with accolades. Its priceless🤣🤣🤣🤣🤣
EXPOSE THESE BAD AND EVIL men and women in the corporate ladder and r&d IN PHARMACEUTICALS and formulations and MEDICAL DEVICES AND MEDICINES/DRUGS!!!!! Enough is enough. And how many unassuming job applicants, interns and young students also fall prey on these vultures. UNETHICAL FRAUDS
Investigate how Sunni got approved with a loan like that and who are his creditors and who backed this up….. you will be surprised. NOT. Indians, Pakistanis, afghans middle eastern Muslims etc. sorry but had to say it. They don’t even follow GMPs in drug formulations and they hated us when my professors and students wouldn’t budge and approve them for ISO certification. We were viciously attacked too in the work… please, do not let EVIL PEOPLE AND GREED RULE THIS COUNTRY AND WORLD.
Ewwwwwwww
That voice …. 😳😒😳😒
Their vision matched. Because their vision was to rip people off
I don’t know if this woman. Just saw a trial going. Why is shed asking her voice. ?? Is she? Her voice sounds like it’s an effort to maintain
Clinton, Biden, Henry Kissinger, Rupert Murdoch, i can't see what could go wrong!
I feel like the only ones who were “shocked†by her are the typical white rich people who have never been exposed to the real world haha
bart simpson ass
Where the heck is part 5? Why do you do this to me ABC??
Yikes her eyes and voice…. not a good sign. So.much for the so called elites being bright ones….
"Don't worry about the future, we are in good hands" – Bill Clinton 😂
Y’all had Hillary Clinton and didn’t make it, y’all had Elizabeth Holmes and didn’t make it. We had to send a guy over transition into a woman and he/she took the woman of the year award first year. Sorry y’all just show your just as messed up as dudes
Wait, this crazy mark zuckerberg in drag got awards for a device that doesn’t work or exist?🤯
Her dad was also arrested for fraud. The apple ðŸÂÂŽ doesn't fall far from the tree.
Where is Part 5?
How the heck did she get so far without proving the technology worked? How did the labs and equipment pass required stringent regulations and standards?
Did she really think nobody would ever notice her blood testing machines didn't work?!?!
Hahaha look at Jack Ma, such a moron 😀
Those eyes 😩
Maybe it's time the real truth comes out. Let's talk about Elizabeth.. The octomom.. The real theif. From her voice to her looks.. Trying to erase a person's life, then trying to become that said erased person.. See the real plan was for this demon to rule the world.. Tried to claim she was such the light of the world.. There was only one problem, The besty wasn't on board with her and never was.. Everything Elizabeth did was illegal, right down the pantents.. Never had permission, never had a contract, never had any legal permission.. You might to ask how she was able to do all this. Fixed courts, Fixed lawyers, Fixed, fixed, fixed.. The bullies run deep.
I was 19.
Jack Ma's face: what the heck.
Creepy eyes. She’s a sociopath
So are the film makers waiting on the criminal trial verdict before announcing cast for the movie.
Those eyes say Adderall
ANYTHING THAT THE CLINTONS ARE INVOLED WITH IS CURRUPT. That should have been the first sign.
That ensemble she would wear was hideous!
What is with her voice?
Around minute 6, the board actually comprised known and closet republicans like the mad "woofwoofwarriorsaint".
The body language of always crossing her legs against the speaker, is really an instinctive defensive reaction.
Imagine her magic box used for Covid nowadays
Poor girl, in 2014, Elizabeth Holmes really have a great idea of blood-testing. It is a revolutionary concept and technology at that time. The technology didn't work , because she just too young (19 year old) to understand that the technology beyond her ability. She do try her best , and still did not make Edison device work. That don't mean she is fraud.
Elizabeth Holmes start her company and done her job brilliantly. But her 800 employee suppose to make the Edison device work. They did not do their job. Some employee even become Whistleblower . It is not fare.
If Elizabeth Holmes give me two of her Edison devices. I can make it work in one year. I will add a 12 inches touch screen monitor for information and a printer for test result. I hope, that can help Holmes's trial and clear her name.
My company only take 8 months to make this COVID-19 Respirator.
The COVID-19 Respirator design by our company
Young Diamond Medical Technology
#metoo
Good for Elizabeth. She made a fool of billionaire investors. I don’t have problems with that.
Bill Clinton is always wrong!
Cannot find other parts except first 4 parts 🙁
A pathological liar just like her admirer Bill Clinton 🤦ðŸÂ»â€ÂÂ♀ï¸ÂÂ
The worst example to young women, in a nutshell.
How is it valued , when the POS DEVICE, never worked….I think this was a place to launder money….ask yourself, why all the rich white old people are ok, with just losing their money?