'The Dropout' Part 3: Former Theranos employees claim toxic work culture

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  • čas přidán 15. 03. 2019
  • WATCH THE FULL EPISODE OF 20/20: bit.ly/2HCTEUE
    Some employees say CEO Elizabeth Holmes didn't want to hear criticism or too many questions. "Not a lot of camaraderie. A lot of paranoia," said Justin Maxwell, Theranos' former design director.
    READ MORE: 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.
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Komentáře • 2,2K

  • @ryverchoy1370
    @ryverchoy1370 Před 5 lety +1971

    That “fake it til u make it” doesn’t quite work well in the medical industry

    • @Pfsif
      @Pfsif Před 4 lety +27

      Or lie till you get caught.

    • @zakariazinchannel6324
      @zakariazinchannel6324 Před 4 lety +6

      imagine if its work... how many doctor will lost their job... if her machine work i bet you she will be the richest women ever...

    • @MaggotDiggo1
      @MaggotDiggo1 Před 4 lety +16

      Ever heard of acupuncture or herbal remedies?

    • @ts121084
      @ts121084 Před 3 lety +5

      Or anywhere. Sick of this obnoxious hustle culture...

    • @ltnlabs
      @ltnlabs Před 3 lety +30

      Fake it till you make it is the worst career advice in every field. But it is curious to me how she did this in such a heavily regulated field.

  • @lh4702
    @lh4702 Před 5 lety +3827

    I’m confused how someone with no college degree, medical background or tech background, was able to get people to invest millions into her idea ?

    • @RitaOhaya1006
      @RitaOhaya1006 Před 5 lety +238

      That's exactly what I am thinking...

    • @diceskull
      @diceskull Před 5 lety +409

      Marketing, advertising, etc. Sadly alot of people believe the first thing they see on the internet w.o doing actual research. Remember when people were putting their iphones in the microwave because trolls from 4chan was able to circulate convincing articles saying it would charge their phones? Trends happen, Investors invest, scammers scam, sheeps follow.
      Same reason im confused why a person can spend tens of millions on a blank blue canvas because its "modern art"

    • @lh4702
      @lh4702 Před 5 lety +48

      Nikko0o0o0o O0o0o0o that’s crazy. Dummies investing millions left and right to her crazy ass. 😂

    • @gnlilu6972
      @gnlilu6972 Před 5 lety +56

      Manipulation! Con!

    • @jeanghrey
      @jeanghrey Před 5 lety +266

      The right complexion and good snake oil marketing

  • @klewis9152
    @klewis9152 Před 5 lety +1114

    I don’t understand how so many supposedly smart individuals followed her blindly

    • @GadisBaliLivesAbroad
      @GadisBaliLivesAbroad Před 5 lety +160

      they are probably smart, but not in medicine... thats why.

    • @PrometheanFlame
      @PrometheanFlame Před 5 lety +107

      Wealthy people are not usually that smart. She had the right appearance and went to a reputable school. She could convince them to give her money. Considering a lot of her investors were old guys with money ... those guys sometimes like to find young women to invest in. And I doubt any of them understood a lick of science.

    • @anjanadevikumar
      @anjanadevikumar Před 5 lety +53

      K Lewis Yes, they are highly educated & professionally intelligent but here in the Bay Area everyone wants to work for the new “it” company. For example, at one point everyone wanted to work for Facebook & now when you speak with their employees most are not happy. People that worked for her believed they were going to be part of history, she is a psychopath that believed she would get away with her lies!

    • @seriousbroski
      @seriousbroski Před 5 lety +5

      Cause she seduced them through words.

    • @hierotsu
      @hierotsu Před 5 lety +17

      It seems that most human don't relate with comprehension of words but are totally influenced by behavior: way of talk, body language, eye contact, etc.... In this world, marketeers prevail on engineers unfortunately, politicians on society missioners...

  • @dieterpaleo1641
    @dieterpaleo1641 Před 5 lety +329

    "I've worked for Steve Jobs and I've seen some crazy things, she took it to another level" - Avie Tevanian

    • @denisesalles7248
      @denisesalles7248 Před 2 lety +17

      It must have been other-worldly, especially for Avie to say that.

    • @moisemensah8233
      @moisemensah8233 Před 2 lety +3

      @@denisesalles7248 I can't even fathom. I think I would've never tolerated that a boss of mine, especially younger than me, to ever walk all over me.

    • @staringcorgi6475
      @staringcorgi6475 Před 2 lety +4

      Steve Jobs was known as a perfectionist and he kept the iPhone as as secret as possible and got pissed when his prototype got leaked

    • @windtalker4191
      @windtalker4191 Před rokem +3

      @@staringcorgi6475 Steve Jobs was also manipulative. He had no tech background and could not program. But he got people who could make real products that worked.

  • @javierramirez-kr2yt
    @javierramirez-kr2yt Před 5 lety +2415

    That womens eyes scare the hell outta me ..her voice even more ...

    • @jaylognos1823
      @jaylognos1823 Před 5 lety +66

      Yeah, she looks crazy!

    • @javierramirez-kr2yt
      @javierramirez-kr2yt Před 5 lety +5

      😂😂😂

    • @gusti46
      @gusti46 Před 5 lety +17

      agree, her eyes its too intimidating

    • @oldi184
      @oldi184 Před 5 lety +9

      At 5:53 we can see a letter. Why he started every sentence with a small letter? A sentence must be start with a capital letters.

    • @JoshB333
      @JoshB333 Před 5 lety

      It’s funny tho

  • @valrk247
    @valrk247 Před 5 lety +2928

    Is this the fyre festival of science?

  • @actualwakandangirl7121
    @actualwakandangirl7121 Před 2 lety +193

    She was like a child playing boss. She had no idea what she was doing and pretty much wanted to be like all the other young rich wildly successful CEOs. The con artist award goes to her.

    • @beverlyledbetter4906
      @beverlyledbetter4906 Před rokem +1

      But she got the money though, didn't she? That's all she was concerned about!😒

  • @JohnSmith-cj9cx
    @JohnSmith-cj9cx Před 5 lety +491

    I liked their "The Office" analogy. That said it all.

    • @joeyknight8272
      @joeyknight8272 Před 4 lety +11

      @12thManInTokyo ok boomer.

    • @TheGodblessthebroken
      @TheGodblessthebroken Před 4 lety +1

      Joey Knight 😂😂

    • @maga6252
      @maga6252 Před 4 lety +1

      I think they left out the umm that's what she said jokes. Lol

    • @moisemensah8233
      @moisemensah8233 Před rokem

      My previous office job was exactly like that. It lasted 18 months. Filing a lawsuit as we speak.

  • @missoctober8859
    @missoctober8859 Před 5 lety +1449

    "Theranos" sounds like something from Scientology.

  • @su-enaahleebeautifulcontra3617

    This is a classic case of narcissistic sociopath behavior

  • @bizichyld
    @bizichyld Před 2 lety +107

    I’ve been a pharmacist with Walgreens for 15 years and I remember hearing that Theranos was taking over our tedious health testing services. I haven’t done a cholesterol test since. Thanks Liz.

  • @ABCDEF-no1cv
    @ABCDEF-no1cv Před 5 lety +170

    What the f would a 19 yr old college dropout know anything about running a billion dollar medical technology company as the CEO????
    She never had any corporate work experience prior.
    I don’t understand how all these people gave her so much credit for the claim and her ability.

  • @ben_jamin4529
    @ben_jamin4529 Před 5 lety +388

    She seemed like a little kid who came up with an idea. She didn't have a product because it NEVER worked. Should of worked in PR.

    • @lincolnhare7766
      @lincolnhare7766 Před 5 lety +2

      The key here is to KEEP GOING. DO NOT EVER NEVER EVER GIVE UP ON YOUR DREAMS!!!!!!

    • @campkira
      @campkira Před 5 lety +1

      Employee should come up with replacement concept it would be so much easier. Not bitching about how their employer are up on. They all know the result would be bad but no they just collect their salary. So who is the real thief here? And said she don't want to hear opinion, ha ha you are kidding me. If your idea suck I won't want to hear either.
      I did said she is a good business. But yet again it does not feel like the company going to last anyhow. with this kind of working environment.

    • @rickrollrizal2364
      @rickrollrizal2364 Před 4 lety

      Like Steve Jobs?

    • @AttilatheThrilla
      @AttilatheThrilla Před 2 lety +2

      Her Father was extremely high up at Enron so it’s not surprising

    • @HareKrishnaHareRama101
      @HareKrishnaHareRama101 Před 2 lety +1

      I don’t understand why a fraud is compared with a kid.

  • @dalianosseir2817
    @dalianosseir2817 Před 5 lety +271

    Her eyes are way too open , it is kinda creepy

    • @Deenique16
      @Deenique16 Před 5 lety +11

      "Kinda"

    • @amom1697
      @amom1697 Před 4 lety +4

      Its called crazy eyes. Look it up . Shes got em.

    • @Weedy_McWeedy
      @Weedy_McWeedy Před 4 lety +6

      And her pupils are almost always dilated....wtf?

  • @anggrekbulan100
    @anggrekbulan100 Před 5 lety +73

    She even dressed like Steve Jobs. This was supposed to be one of those red flags.

  • @dkgKim
    @dkgKim Před 5 lety +121

    OMG, I just realized that the off putting style, the paranoia, the lying over trivial things, being overdramatic, micromanaging, the eye rolling in disbelief all day from her employees... it describes exactly my former boss and my former work environment. I was there for a very short time and Ive never been happier to leave a job.

    • @moisemensah8233
      @moisemensah8233 Před rokem

      Same. Got fired after going through 18 months of everything you described. It was a dictatorship veiled in secrecy and a house of cards where we were all wooden puppets on a string. I was educated enough and blunt & brash enough to stand up to everyone there from gossiping coworkers to my lying supervisors. Getting both SA'ed and SH'ed during my tenure there only escalated the horror. Stories of depression, suicide attempts and sexual harassment weren't enough for the company to change. When I got laid off in early January of this year, I hired two attorneys and decided to press charges. And as exhausting it was to build my case, I'm happy.
      The warning I'll give to anyone who'll hire me is : act toxic and you'll end up in court. Period.

  • @iDiamonda
    @iDiamonda Před 5 lety +946

    lol I can't stop watching videos about her

    • @Deenique16
      @Deenique16 Před 5 lety +17

      Did you watch the hbo doc?

    • @etcetraetcetra3173
      @etcetraetcetra3173 Před 5 lety +7

      Hahaha....Me too.

    • @etcetraetcetra3173
      @etcetraetcetra3173 Před 5 lety +38

      @@Deenique16 Yes. It's really funny when she said she started to wear black turtleneck since she was 7, but as I remember, only 1 of about a dozen of photographs in featured in the doc, where she was wearing black turtleneck. And that includes the picture of her in her dorm room.
      I guess, when you lied about so much about who you are, you starting to believe your fake-self.

    • @ddg170
      @ddg170 Před 5 lety +7

      iDiamonda I know,right! Elizabeth is obsessed with lying, we are obsessed with liars 😂

    • @pressia07
      @pressia07 Před 5 lety +2

      Listen to the podcast and watch the hbo documentary

  • @ish932
    @ish932 Před 5 lety +242

    I worked for Theranos. It was a huge learning lesson. A lesson on what not to do

    • @stevematson4808
      @stevematson4808 Před 2 lety +17

      It would be kind of cool to have Elizabeth as a reference ☺️

    • @moisemensah8233
      @moisemensah8233 Před rokem +10

      I imagine that it was as unpleasant as these three dudes confirmed. Sorry that you faced such toxicity.

    • @bansheeofinisheerin
      @bansheeofinisheerin Před rokem +11

      Elaborate please

    • @elianea.c.2294
      @elianea.c.2294 Před rokem +2

      Why you dont denounce her? Why you all ex employers do something? This is totally wrong!

    • @drmurphy4043
      @drmurphy4043 Před rokem +5

      Hello! Were you be able to get a job after Theranos?

  • @karenKristal
    @karenKristal Před 2 lety +82

    I had a psycho boss in my last job and it sounds a lot like this. Over confident, intense stare, lying, withholding information, refusing to be questioned. It was maddening and he loved every minute of it until he started getting found out about bad behaviour - then he was like a stroppy child.

  • @brendaechols5929
    @brendaechols5929 Před rokem +12

    It's not being a perfectionist. It's being a narcissist and being greedy

  • @mrzack888
    @mrzack888 Před 5 lety +1392

    DId her parents bribe her way into Stanford?

    • @I_am_milan
      @I_am_milan Před 5 lety +5

      😂😂😂

    • @TheLizardhead
      @TheLizardhead Před 5 lety +1

      oof

    • @santen2309
      @santen2309 Před 5 lety +321

      Its possible, but she's clearly smart, she just chose to use her intelligence in the wrong way. Not many people can bullshit their way into billions of dollars.

    • @persistentlydriven9390
      @persistentlydriven9390 Před 5 lety +20

      Paloma San Basilio doubt she lost them all. Almost certain she put some money up somewhere

    • @freewilliam93
      @freewilliam93 Před 5 lety +76

      She comes from a legit well connected family which is how she got so many republican political figures on her board. Shes so well connected her parents arent on tv.....

  • @whatshouldwecallher6417
    @whatshouldwecallher6417 Před 5 lety +231

    Looks like she was more interested in becoming like Steeve Jobs and fame he gained instead of looking at he work he had done. It's like identify theft on some level. As Dwight would say

    • @christianhuston897
      @christianhuston897 Před 5 lety +18

      She worked just as hard as Jobs, and like him she delivered a bunch of hype over an inferior product. The difference was that her product was non functional, wheras his at least worked, but were (often) overpriced and inferior in many ways to the competition.

    • @whatshouldwecallher6417
      @whatshouldwecallher6417 Před 5 lety +6

      @@christianhuston897 Couldn't agree more with you.
      I feel that if Steeve Jobs was
      a woman, she too would have been bought down pretty soon for selling the same product but with a higher price over and over again. The same with Elizabeth Holmes. If she was a man. He may have continued the scam longer than she did.

    • @christianhuston897
      @christianhuston897 Před 5 lety

      @Boss_Man_T who said they were?

    • @whatshouldwecallher6417
      @whatshouldwecallher6417 Před 5 lety +7

      @Boss_Man_T Apple products were good maybe even revolutionary at one point. Now they are just launching things by only changing its color size and an extra feature on the camera. People are willing to sell their kidney to buy one( read the news), so how's that a correct market price? They are just playing over the brand name. It's more than people's rent, their monthly budgets, there are countries where it's more than people's 6 month salary. They even accepted that they were slowing down the previous version as the new ones launched. People are loyal to it. Everyone wants one. They are willing to take loan to pay for it(again read the news). It's become a fantasy. Not a necessity. So if you still think they are great and not over priced, then you are lucky to be in a financially good place.

    • @Tusuperbis
      @Tusuperbis Před 4 lety +2

      @@whatshouldwecallher6417 I agree to a point. If she were a man, she wouldn't have been able to get all the financial backing and investors that she did. Being female and with a gynocentric society we have, these companies and investors wanted to see her succeed. She was/is living in a fairy tale and probably has/have been indulged all her life by her parents and teachers. All the feminism hype played right into her narcissistic whims. One big recipe for disaster!

  • @Homeland81
    @Homeland81 Před 3 lety +50

    She kept on hiring, people with no medicine background in a company which was looking for a breakthrough in science and medicine! She just kept hiring famous people! She just wanted fame!

  • @zanderpander7878
    @zanderpander7878 Před 5 lety +257

    Why is hair always looking burnt and crispy

    • @Witchygirl22
      @Witchygirl22 Před 5 lety +21

      Probably a lot of hair color and treatments to her hair. It damages it after such long extended use.

    • @8-am
      @8-am Před 5 lety +24

      She has curly hair. Thats the straightening and ironing

    • @gladysethan3313
      @gladysethan3313 Před 5 lety +16

      Cause you know, hell.

    • @cruiseboston638
      @cruiseboston638 Před 5 lety +10

      Her diet was water and green kale. Although healthy ....your skin and hair need more than just that😲😉😁

    • @iidentifyasachickennugget9999
      @iidentifyasachickennugget9999 Před 4 lety +1

      I think you are hungry

  • @miss007
    @miss007 Před 5 lety +649

    Over a 4 year period I would get calls from a Theranos recruiter looking to fill the position for her assistant. I knew there had to be something wrong with her, since they would look for someone new every 6-months. The last call I got was the recruiter looking for an Executive Assistant and Personal Assistant. The company went down shortly thereafter.

    • @moptopzzz8076
      @moptopzzz8076 Před 2 lety +1

      Nigga please

    • @declandonahue592
      @declandonahue592 Před 2 lety +8

      Yeah I’m sure

    • @tomarnold7284
      @tomarnold7284 Před 2 lety +42

      I had that experience before. I was in brand marketing and there were a few brands that constantly recruiting the same positions for as long as I remember. I asked my agent what's wrong with them and they honestly told me not to waste time meeting them, that their environments were toxic, the bosses had unrealistic demands and refuse to hear NO for an answer, they believed their directions were correct and they just have to find the right people.

    • @pegleg2959
      @pegleg2959 Před 2 lety +26

      @@declandonahue592 It's really not that unbelievable at all.

    • @stevematson4808
      @stevematson4808 Před 2 lety +13

      Should've taken the position
      Then you could write a book

  • @falkenvir
    @falkenvir Před 5 lety +172

    She didn't deserve to be named clumped together with Steve Jobs, Jobs delivers actual product, Jobs have his actual ups and downs before, Jobs was fired from his own company, maturing and then rehired, and proved himself that he's invaluable and inseparable from Apple.

    • @Pfsif
      @Pfsif Před 4 lety +8

      Jobs was a fraud (Sociopath) too, his own company fired him. All he did was tell his designers to "make it better".

    • @falkenvir
      @falkenvir Před 4 lety +10

      @@Pfsif Then please kindly explain what happen on Apple's golden era when Jobs was back on the driving seat?

    • @falkenvir
      @falkenvir Před 4 lety +8

      @Amilah both Jobs and Wozniak is important to Apple, notice that Woz never left the company but Apple never really took off while he was there. Woz was probably the Technical Engine of the company, but without Jobs steering It's just going nowhere. Mind you I was never Jobs fan, but you gotta give credita when It's due.

    • @charlottekeck8547
      @charlottekeck8547 Před 2 lety +1

      She's in with Madoff

    • @staringcorgi6475
      @staringcorgi6475 Před 2 lety

      @@Pfsif he left because he knew the reaper would come

  • @faridmel
    @faridmel Před 5 lety +396

    Just finished the book Bad Blood by the journalist John Carreyrou who unconvered this Theranos shit storm. It's a FANTASTIC read. Also, nice to put a face to the names of some of the individuals mentioned in the book that are in this video too.

    • @lynnross7513
      @lynnross7513 Před 4 lety +6

      Great book,! Page turner!

    • @yolandakent9872
      @yolandakent9872 Před 4 lety +2

      carmel phillips I finished the book too!
      My mouth is still open wide😳😳

    • @h3g8a1e7
      @h3g8a1e7 Před 2 lety +5

      I read it too! I was blown away, red flags everywhere from the get go

    • @katarzynarawska9999
      @katarzynarawska9999 Před 2 lety +1

      I just finished it today!

    • @juliobello4561
      @juliobello4561 Před rokem +1

      Im late but I’m going to check that book out haha

  • @johnontibero9248
    @johnontibero9248 Před 5 lety +406

    i always found her story captivating. she conned really smart people with nothing more than her intensity. she was the perfect storm of many factors. she seemed very passionate ,driven slighty mad but brilliant im surprised how many people just jumped on blind faith . they threw out all of business 101 teachings to hook their trailer with this woman

    • @hobolove2468
      @hobolove2468 Před 4 lety +9

      @Sarah no need to be so rude. John is right. Could you bring in millions for a faulty idea the way that she did? I'm sure you'll say you wouldn't do that, but COULD you? She is brilliant in some capacity and to ignore that is ignorant. It's unwise to underestimate someone's abilities and to blatantly discount them when they're clearly shown. You're right, she is a sociopath and they are very intelligent. That's how they scam so well, obviously

    • @Maya-sv1pz
      @Maya-sv1pz Před 2 lety +7

      she's also really lucky. she did the right thing at the right time, when people go out of their ways to empower female and when people are hungry to nominate a new gem from the silicon valley.

    • @rekunta
      @rekunta Před 2 lety +10

      @@solarydays very intelligent people can be conned, it’s not a matter of intelligence. Feed into a person’s biases and tell them what they want to hear, and it’s very easy to have them follow you. Basic psychology.

    • @yespls4184
      @yespls4184 Před 2 lety +2

      @@solarydays people have their intellectual blind spots, for one reason or another. Even astrophysicists have said very silly things at one point or another about topics that aren't their forte. And no one can reasonably say that those people are unintelligent

    • @rekunta
      @rekunta Před 2 lety +3

      @@solarydays you are playing semantics and splitting hairs. They are colloquialisms.
      When you are claiming to be on the cutting edge of technology and achieving something never done before, appealing to experts in the _known_ field to claim people stupid because they should’ve known better by their pre-existing knowledge is nonsensical. That’s the point. It’s NEW territory, so people are treading new paths. And aside, there _were_ experts who were highly skeptical of her claims.
      But let’s not act like their haven’t been innovators in this world who’ve done things that many experts have claimed are nigh impossible or highly difficult. This lady just successfully sold her ambitions by leveraging that potential to pull the wool over the eyes of many.
      Such is the art of the con.

  • @jaylognos1823
    @jaylognos1823 Před 5 lety +326

    Loved Ana and Justin! Stood up to Holmes and decided to dip rather than put up with the BS lies. People with real integrity are a must in business.

    • @stephenhosking7384
      @stephenhosking7384 Před 2 lety +9

      If your cv has a stint at Theranos, it's going to look good if you stayed only a short while and quit (or were fired), but lousy if you stayed year after year until the company closed down.

    • @moisemensah8233
      @moisemensah8233 Před rokem +1

      I hope they sued her

  • @Kaykiy
    @Kaykiy Před 5 lety +951

    Damn I hope she didint ruin it for other women Scientists/CEOs
    Edit: wow thanks for all the likes 😊❤

    • @slaughtered777
      @slaughtered777 Před 5 lety +194

      Definitely ruined it for women who might actually have a deep voice 😂

    • @marinatz6395
      @marinatz6395 Před 5 lety +8

      slaughtered777 😂

    • @andytihonow3676
      @andytihonow3676 Před 5 lety +52

      Kiya E no it just will make investors more hesitant to invest in miracle machines without evidence of them working for the short term. Eventually investors will drop there guard and another con artist will take advantage.

    • @gingerbread2984
      @gingerbread2984 Před 5 lety +1

      @@slaughtered777 CEO the poison of the world already...

    • @tynicole88
      @tynicole88 Před 5 lety +76

      If you’re a black woman dont worry, a black woman would have never been able to pull this scam off because they wouldn’t have let them. This is a story of white woman privilege

  • @jimvortakana7316
    @jimvortakana7316 Před 5 lety +134

    it's not 2012 anymore, kyou can upload videos longer than 10 minutes...

    • @ashleyscout4848
      @ashleyscout4848 Před 4 lety +13

      More videos means more likes, which means mo money

    • @g4goddessshoes
      @g4goddessshoes Před 4 lety

      😂

    • @ruiwang657
      @ruiwang657 Před 4 lety +1

      ashley scout likes don’t get you money.

    • @wamikasharma4513
      @wamikasharma4513 Před 4 lety +3

      Longer videos also means less views. People are not generally inclined to watch very long videos. Better to cut it in parts and have ppl watch one and if they’re hooked, they watch the rest

  • @anna.rrrrrr
    @anna.rrrrrr Před 5 lety +12

    This story never gets boring

  • @stellabar623
    @stellabar623 Před 5 lety +210

    Thank you thank you ABC for consistency in titles and chronological uploading.
    You had one job and you did it well.

  • @dadaguiar
    @dadaguiar Před 5 lety +49

    She operated her company like a complete sociopath. How do you keep your company so compartmentalized?

  • @deannablaze8599
    @deannablaze8599 Před 3 lety +25

    The thing with Theranos is that some tests worked, one or two diagnostics actually were proven to allow accurate results. But She (Elizabeth) oversold it and over promoted to 50 different diagnoses.
    If she was actually honest and humble, Theranos would not be a joke today.
    Key word: Honest and humble, did not happen. She was too busy trying to be Steve Jobs...

    • @asanta2023
      @asanta2023 Před rokem +3

      Yes, even one of her employees on this video said they could make the product work. But they let him go. You’re right, maybe Theranos would still be legit today.

  • @taliagoodwomanmann
    @taliagoodwomanmann Před 2 lety +24

    I worked for a practice who engaged in clinical trials. Right odd the bat, I noticed violations and criminal activities. When I asked questions, I was called into the office and fired. The crazy thing is my boss who fired looked just like Elizabeth Holmes. She too was money hungry.

  • @islalove336
    @islalove336 Před 5 lety +102

    Those eyes and that voice. Makes me so uncomfortable.

  • @kema_jmac6570
    @kema_jmac6570 Před 5 lety +441

    Something is strange about her eyes... Remind me of Mark Zuckerburgs eyes

    • @brian91613
      @brian91613 Před 5 lety +3

      🙄 nothing is wrong with her eyes 🙄 she worked hard

    • @kema_jmac6570
      @kema_jmac6570 Před 5 lety +6

      @@brian91613 I guess she worked hard as a child too lol those are the same eyes 👀😉

    • @terriesmith8219
      @terriesmith8219 Před 5 lety +50

      Those are eyes of psychopaths. Mark Zurkerberg is one of 'em.

    • @mia21281
      @mia21281 Před 5 lety +19

      Her eyes are very dilated in the main photo they use. I wonder what she was on.

    • @carolverde8439
      @carolverde8439 Před 5 lety +3

      Kema_J Mac she looks like a reptile

  • @leonardoiglesias2394
    @leonardoiglesias2394 Před rokem +5

    Everybody is so surprised that something like that can happen in such truthful, honest, ethical, healthy society.

  • @notw22
    @notw22 Před 5 lety +22

    Elizabeth, would fit in perfectly at the church of Scientology

  • @chrisbarker2700
    @chrisbarker2700 Před 5 lety +383

    I tried to give Elizabeth a fair shake. But it was all a scam and she knew it. It was all about money and men she wanted to be like. Maybe even look like. I think she has mental issues.

    • @jago09
      @jago09 Před 5 lety +28

      Nah she's just a criminal. No excuses.

    • @Geblawi
      @Geblawi Před 5 lety +2

      Chris Barker You think?

    • @420Ruger
      @420Ruger Před 5 lety +6

      @@fadingworld5569 your a bad judge a character that's it, don't over think it you know deep inside your a dumbass.

    • @zandromex8985
      @zandromex8985 Před 5 lety

      Of course, she just wanted to be a male! Surely, she took advantage of a lot people, she's terrible and should be accountable for it, but it isn't all about males y'know

    • @haroldwhitt
      @haroldwhitt Před 3 lety

      @Agatha z correction.. Is.. There is no cure

  • @YT-ph3qb
    @YT-ph3qb Před 5 lety +392

    She's clearly just another PRIVILEGED, self entitled individual who tried scam people for millions! If she was truly sincere about this creation to help people, then she would have done EVERYTHING in her power to perfect it! She clearly had the support to so! Hopefully her place at Stanford was a RIGHTFUL place since she took it from someone else and decides to drop out! Wow! Just Wow!

    • @ingriddubbel8468
      @ingriddubbel8468 Před 5 lety +4

      It was her place. It was her choice to drop out.

    • @YT-ph3qb
      @YT-ph3qb Před 5 lety +20

      @@ingriddubbel8468 This despicable, manipulative con artist should be in JAIL! Unfortunately, that will probably NEVER happen because she's PRIVILEGED!

    • @patriciacurtis349
      @patriciacurtis349 Před 3 lety +2

      you said it best

    • @cateyu5547
      @cateyu5547 Před 3 lety +1

      Totally

    • @ransom6892
      @ransom6892 Před 2 lety

      Did Marx teach you that nonsense?

  • @yahoo.com07
    @yahoo.com07 Před 5 lety +16

    In some of the shots they have of her, she looks like Tonya Harding in the eyes...that dead zone, like there's a light on but no one is home...it's scary. Thank you for sharing this.

  • @Thornspyre81
    @Thornspyre81 Před 4 lety +24

    "Anna Aereola" hahahahahha

  • @natkam451
    @natkam451 Před 5 lety +293

    Some people in the comments write that Jennifer Lawrence should play her in a movie or Anne Hathaway, but nah. It should be Christian Bale. He can transform into anyone and then, he sure can play american psycho like Holmes 😂😂😂 Too bad Patrick Bateman is not real, he and Elizabeth would make a perfect couple.

    • @silenc3x
      @silenc3x Před 5 lety +4

      Daniel Day Lewis would crush the role.

    • @Spiralsmile
      @Spiralsmile Před 5 lety +25

      She's already talking in Christian bale's batman voice

    • @bootlegrascal22
      @bootlegrascal22 Před 5 lety

      Nat Kam TRUUU

    • @hmartinspliff
      @hmartinspliff Před 5 lety +2

      I was thinking Charlize -Theron- Theronos could play Elizabeth Holmes but maybe she's a bit too old for the role.

    • @anastasiaionas9617
      @anastasiaionas9617 Před 5 lety +1

      Lawrence is playing her in "bad blood". No dates announced yet

  • @geensjc
    @geensjc Před 5 lety +56

    I don’t understand how all those smart former Apple staff fell for her lies!

    • @guppy0112
      @guppy0112 Před 4 lety +12

      Their greed got the best of them; what else?

    • @beverlyledbetter4906
      @beverlyledbetter4906 Před rokem

      They worked for Steve Jobs, and you don't know all the tricks he pulled to get famous!😳

  • @atrocchia
    @atrocchia Před 5 lety +16

    I would have lasted 2 weeks at Theranos. If I have questions and can get no answers, I'm out.

  • @michaelmarlow6610
    @michaelmarlow6610 Před 2 lety +54

    I remember his time period. I was in medical school and none of my professors who were doctors ever believed in this company because there was no medical professionals involved. How all of these people fell for her ‘charm’ I’ll never understand.

    • @trinapowell4436
      @trinapowell4436 Před 2 lety +3

      Right there with you. All you need is one diagnostics methods class to know this is total BS.

    • @kenyawalls2255
      @kenyawalls2255 Před 10 měsíci

      And she wasn’t even pretty foreal. Like what did they see

    • @Carnationblue77
      @Carnationblue77 Před 2 měsíci

      Science degrees cover a lot of medical topics in way more depth that medical courses because they do lab work. You don’t need a medical degree to understand the human body

  • @ACSisterhood
    @ACSisterhood Před 5 lety +33

    0:54 I got jumpscared by those massive dead eyes

  • @maeflower522
    @maeflower522 Před 5 lety +330

    2019 is the year of scandals and scammers. There are so many shady people in the world!!!

    • @laturista1000
      @laturista1000 Před 5 lety +5

      sad huh, it's only gonna get worse! Notice how all these online ads everywhere, Fortune Magazine, Entrepreneur magazine, Tai Lopez, Forbes, all the crypto craze alt coins schemes, and many many more Entrepreneurs are so so desperate to get money from you and make their businesses grow at all costs. The ends justify the means for these people. Everyone is thirsty at the fountain for CASH! but harldy anyone truly has the heart or intelligence or capability to create really good products. It's all B.S.

    • @bodymotionchile
      @bodymotionchile Před 5 lety +4

      Don't foeget Trump!

    • @marchiahinggil2405
      @marchiahinggil2405 Před 5 lety +3

      There's already many scandals and scammers around the world, but is just 2019 is the year were the big ones are exposed for their actions.

    • @Madhatter675
      @Madhatter675 Před 5 lety +1

      There will always be scandals and scammers.

    • @LizettesB3autyChannel
      @LizettesB3autyChannel Před 5 lety

      maeflower522 for real!!!! Smh! Shady people on CZcams & Real life! Smh 🤦🏽‍♀️

  • @AshJae
    @AshJae Před 2 lety +4

    It’s easier to fool people than to convince them they’ve been fooled.

  • @jaricameyers3063
    @jaricameyers3063 Před 2 lety +6

    What's even more crazy is that her dads business went down for fraud as well (unrelated circumstances)

  • @jeor1450
    @jeor1450 Před 5 lety +37

    is this Theranos subject being pushed so hard just to propagate how persuasive she was and keep the entire media/political/elite class from losing face after they fell for this

    • @nolanmartin4813
      @nolanmartin4813 Před 5 lety +2

      Most likely if the media is so hard for this story... Good that others are asking the obvious questions.

    • @eagillum
      @eagillum Před 2 lety

      I fell for her. I'm embarassed about it, but wanting revenge, which is why I'm watching. Everyone wants this story to have a satisfying end.

  • @whatevergirl19
    @whatevergirl19 Před 4 lety +13

    7:26 “The only person I know that makes me feel like a lazy bastard”
    Says the dude that played the joker in the laziest & most boring of ways

    • @naturamix5786
      @naturamix5786 Před 2 lety

      Impressive, very nice.
      Let's see Paul Allen's blood testing device

  • @usernotfound904
    @usernotfound904 Před 2 lety +10

    Truly hope the judge makes an example of her and gives her 20 years for this fraud

  • @mylescharles
    @mylescharles Před 3 lety +19

    It’s very hard for me to understand how these people were so uncomfortable with her and the work environment and yet stuck around.

    • @moisemensah8233
      @moisemensah8233 Před 2 lety +15

      Paying the bills & rent, methinks!

    • @ShashaStudios
      @ShashaStudios Před 2 lety +6

      4:10 he states it well, it was a start up company and everyone wanted to be attached to that amazing discovery.

  • @justinemarieabarro9406
    @justinemarieabarro9406 Před 5 lety +13

    The problem here is that she's too ambitious and too egotistic to accept that the idea is not feasible. She acted as if she knows better than actual professionals in the field when she clearly has zero knowledge.

    • @L4LA0412
      @L4LA0412 Před 12 dny

      Since when she cares about the TRUTH?
      If she cares about the truth since beginning, her company will never exist in the first place.

  • @jbalogh01
    @jbalogh01 Před 4 lety +9

    I worked for a debt collections company that had the same feel in my last couple years there. Questions dodged. Paranoia. Job security issues. I saw a finance book that showed a discrepancy in what we were actually taking in was contrary to what the executives were telling investors and board members. I eventually was let go as well as many others and the company eventually dissolved. But i really did enjoy the experience working there and learn quite a lot.

  • @yayohost7201
    @yayohost7201 Před rokem +8

    This is such a huge testament to how much marketing and psychological tactics really do influence us. She had major people backing her without her product even working. She got major awards and recognition for what? A lie! Regular people and extremely "important" people regarded her highly. It's scary that this even happened. We see someone who has major people backing them and they say the right things so we just believe them.

  • @maamoulfig4599
    @maamoulfig4599 Před 5 lety +2

    0:51 OMG that transition is pumping my heart so bad! 🤣

  • @cathy4697
    @cathy4697 Před 5 lety +32

    Theranos, thanos' younger unknown sibling who makes financial resources disappear😂😂😂😂

  • @andrewrollout1657
    @andrewrollout1657 Před 3 lety +19

    Being passionate about a vision is fine, but I would expect to see some humility and self-awareness in any leader. A leader without humility is a leader with massive blind spots. And blind spots will kill ya in business.

  • @MehdiNakouriTn
    @MehdiNakouriTn Před 3 lety +9

    I hit pause at 5:51 to read the resignation letter. I'd love to have that person as a co-worker.

  • @59jlopez70
    @59jlopez70 Před 2 lety +6

    I knew someone close to me who used to work as security and told me crazy stuff like security they would have to escort certain ppl around and even to the bathroom and also security would have to report employees who seem acting suspicious or not in their usual working area. It’s like the employees were not only being micro managed but also monitored heavily by security, it was so uncomfortable and toxic.

  • @grawlix19xx54
    @grawlix19xx54 Před 5 lety +45

    Ana has alot of balls to have stood up to elizabeth

    • @dougaltitus08
      @dougaltitus08 Před 5 lety +25

      GRAWLIX 19xx I’m pretty sure there’s an actual pair of balls down there.

    • @fusion808ultrahd
      @fusion808ultrahd Před 5 lety +2

      George Arriola founder of Monohm Inc.

    • @user-yg2up4lg3r
      @user-yg2up4lg3r Před 5 lety +4

      Yeah cause it's a man. Of course its a man.

    • @hamthehamster1892
      @hamthehamster1892 Před 5 lety +13

      Paloma San Basilio I have a question. Why can’t you let people live their lives? Gimme a reason.

    • @Braindeadevilash
      @Braindeadevilash Před 4 lety +1

      @@hamthehamster1892 Because you trigger so easily and it's fun!

  • @andreasleonlandgren3092
    @andreasleonlandgren3092 Před 4 lety +7

    Very similar to my old workplace.
    Always pose questions.
    Good for the employees to get narc free.
    You dont know a person before you have worked closeminded with or lived with them.
    Something that looks like a dream oppurtunity on paper can truly be a nightmare in practice.

  • @NS-fz1im
    @NS-fz1im Před 2 lety +21

    Thank you to the brave humans who stood up to and called out these very dangerous lies. You’ve literally saved human’s lives ❤️ you’re the heroes in this story.

  • @Stewie111111111
    @Stewie111111111 Před 5 lety +11

    So that lady from Apple is supposed to be Phyllis? LOL

  • @Mushruums
    @Mushruums Před 2 lety +9

    The Hulu show The Dropout has me really interested in this story now. Before I didn’t care as much.

  • @flatbedladyv2191
    @flatbedladyv2191 Před 5 lety +83

    She should run for president of the USA..she would probably win

    • @BlorkTX
      @BlorkTX Před 5 lety +4

      v griffith
      Between Fyre, Madoff and this, the USA loves folks who deceive.

    • @younglobwedge
      @younglobwedge Před 5 lety +1

      Hopefully sarcasm

    • @maggie2sticks717
      @maggie2sticks717 Před 5 lety +1

      Didn't work for her mama, Hillary.

    • @PartnershipsForYou
      @PartnershipsForYou Před 4 lety

      Maggie'sGrace ya it worked for her dad though.

  • @edixasanchezpacheco3692
    @edixasanchezpacheco3692 Před 3 lety +8

    What’s amazing is that she did not lose her hair. A person with so much stress would have much less hair

    • @eagillum
      @eagillum Před 2 lety

      Haha, it's true!

    • @bludiva27
      @bludiva27 Před 11 měsíci

      Do Sociopaths get stressed?

  • @JustCallMeAnnie
    @JustCallMeAnnie Před 5 lety

    Loving this series! Really interesting!

  • @megaman2127
    @megaman2127 Před 5 lety +6

    3:06 the office lol

  • @GoldenSpike300
    @GoldenSpike300 Před 3 lety +4

    If you work on a team environment you know that if the team mates aren’t communicating, trying to stay out of the spotlight, being reserved, being distant, nervous, or secretive, then they’re probably not getting much work done. Took me 3 work projects to realize that. The only time my team was loud, proud, communicative, and happy, was when we did work and we wanted to show off that we were good workers. As a new worker I was going with the flow and was okay with this at the beginning because it was laid back, but when the ‘chickens came home to roost’ and it was time to present our work or give a final result, the feeling of embarrassment, stress, and overall shame was not worth it. Now it’s a rule, meetings Atleast once every week, surprise work checks, and everyone needs to be constantly communicating. I don’t care, I rather be hating myself the entire time I’m doing the work or that my teams hate me, than loosing sleep over the stress that I haven’t been doing what i’m suppose to. Or loosing sleep for crunch weeks trying to make up all the work we didn’t do for the deadline. Truthfully embarrassing and a joke of a team we were. I’m ashamed for myself and even worse those who were higher authority than me, that had been doing that for years. That was just a small work-study job, imagine a multi billionaire company. What a joke.

  • @emanuel_soundtrack
    @emanuel_soundtrack Před 2 lety +7

    Imagine the honor of those who saw the bs and walked away! Pride for whole life. And new ceos will trust them

  • @MaryTheresa1986
    @MaryTheresa1986 Před 5 lety +7

    That resignation letter was epic! If I had a company I would hire that man!

  • @nevermind8895
    @nevermind8895 Před 5 lety +13

    What were the management book titles just curious

  • @tsunderechild2777
    @tsunderechild2777 Před 5 lety +17

    She also seems like she didn’t have a scientific foundation. Sure you can be a kid trying to derive the field equations but at least take some physics and calculus + functions courses first.

  • @savvysearch
    @savvysearch Před rokem +2

    I can relate to this work environment so well. I think a lot of us can which is why this story is so fascinating. We can relate to these employees.

  • @ritacho3911
    @ritacho3911 Před 5 lety +1

    Lol he felt like he was in the office and stared into the camera in disbelief!!! Relatable!! That part killed me.

  • @mrpanicattack6688
    @mrpanicattack6688 Před 5 lety +4

    2:13 - 2:16 I like how they kept looking at each other waiting for someone to speak haha! 😂

  • @tomoe6792
    @tomoe6792 Před 3 lety +15

    Her idea was good but she didn’t have the patient to wait and study. Her overconfidence is what brought her downfall.

    • @princestonavance4081
      @princestonavance4081 Před 2 lety

      Lost in The Sauce… smh… you think that was her Idea… when GOD Gifted Her That Creation….

  • @spike757
    @spike757 Před 5 lety +13

    Listening to these people talk about her is one thing, but to be in her presence is another, she is a true sociopath. I sometimes think that she honestly truly believed the ‘Edison’ would work and was just faking it until one of the brilliant minds solved the puzzle. This woman could speak to you for 30 minutes and not once would those large eyes blink ! As I said being in her presence was a whole different level she could strike fear in you down to your soul, that blank stare was like a machine. Scary

  • @melanatedpurpose
    @melanatedpurpose Před 3 lety +2

    Managers that create inharmonious work environments are prevalent...it's so disheartening

  • @richardfrancis5406
    @richardfrancis5406 Před 5 lety +24

    ABC News has never been better...really really interesting story...would hope they follow this case going forward

    • @Pfsif
      @Pfsif Před 4 lety +1

      Where were they before she got caught.....in the cheering section.

  • @michelemurphy3541
    @michelemurphy3541 Před 2 lety +5

    That ‘style’ is called divide and conquer. Psychopaths rely on it for control in their manipulation, which tells me, she knew she was lying or she was in a state of psychosis and was lying while in the psychosis.
    Ana is a star. All of the employees who felt and knew something was off are fantastic humans.
    I hope people can review this and get a snapshot of what a malignant psychopath in psychosis looks and more importantly, acts like.
    I am curious if any of the people who countered her, had a physical reaction to her presence, like a moment of brain fog/confusion, chills, uneasy feeling, nausea? Also, did you feel it from the jump or did it layer on as per exposure to her?
    Anyway, it never ceases to amaze me how people will fall for these type charlatans but given people who are truly humanitarian hearted-like sweet Ana, and the thousands others out in the world of research for better lives, often get shredded by the very same entities that bolstered wackadoodle dv *(deep voice) so far as to basically drive her psychosis into the atmosphere of outer space.
    Seriously, it blows my mind but like I said, it’s amazing and helpful data of what to be aware of ever again.
    What she did, how she behaved are all markers of a bad human. Sure you argue that she was tainted by the guy she was banging (Sony) and he was the one who led this scheme but she still had to be a player on her own in order for it to work as long as it did.
    Still, it blows my mind.

  • @imjinhwanssexymoleandp.osl3164

    When i see those eyes in person, i'd run for my life 😂

  • @wifferste
    @wifferste Před 5 lety +5

    I read Carreyrou's book and commend Ana Arriola for saying "screw this" and quitting that same day. She was a little lucky that day because Holmes was offsite when she resigned otherwise I think she would have been subjected to being escorted out like everyone else. Very good on her to ignore Holmes' request to call back.

  • @lauraanton5955
    @lauraanton5955 Před 5 lety +17

    The problem is that nowadays people lose critical judgement. I mean I can't believe that so many "brilliant" people fell into this scam...

  • @erikaarnold4780
    @erikaarnold4780 Před 5 lety +7

    Yeah, Ana! Integrity...so rare in whatever circle that was.

    • @brian91613
      @brian91613 Před 5 lety

      Or it's just your circles, the people you watch or entertain yourself with. Or Maybe it's all u

  • @vigilantehippocrates
    @vigilantehippocrates Před 2 lety +2

    I applied&worked for Theranos for 14 months. On My 4th&final job interview I was taken to a small 5'×7' room with a small round table 2 smaller chairs to wait for Elizabeth Holmes and her older short bald middle eastern handler....

  • @CaesarInVa
    @CaesarInVa Před 5 lety +8

    The toxicity of the work culture was purposely intended to stifle communication between divisions. Why? Because if the employees of the siloed divisions were communicating with one another, then it wouldn't be very long before people figured out that something wasn't right with their company and its leadership. Oh, 2 rules of thumb: 1) Never trust an employer who interviews potential new hires in a coffee shop. Red flag right there. 2) Always be wary of an employer who hires circus side-show freaks, regardless of their pedigrees or bona fides. Yeah, yeah, innovation requires creativity and creativity demands freedom of expression and freedom of expression requires indulging in individual eccentricities, blah, blah, blah. Bullshit. When you look around and find yourself surrounded by freaks with piercings, body modifications, tattoos, eccentric hair styles, etc., or your co-workers are immature, pseudo-intellectuals who indulge in the piques of temper by writing snarky resignation letters, do yourself a favor...update your resume and start looking for work elsewhere. People who make bad personal decisions, like adorning themselves with a nose ring, are apt to make equally poor professional/business decisions. Get off and away from their sinking ship as soon as you can.

  • @wton
    @wton Před 5 lety +8

    I just got the title "the drop out" haha. Nice one.

  • @Thee.queendee
    @Thee.queendee Před 5 lety +6

    Look she's crazy they can't even describe the work environment without laughing lol

  • @yayohost7201
    @yayohost7201 Před rokem +1

    The evilness and greed in this world is so scary.

  • @deepfrieddumpling6953
    @deepfrieddumpling6953 Před 5 lety +2

    The part about the office had me rolling

  • @Gogetta80
    @Gogetta80 Před 3 lety +10

    Since it was all bs, I’m genuinely curious as to what these people working for her would be doing all day

    • @sushimamba4281
      @sushimamba4281 Před 2 lety

      good point! lol

    • @wowso4
      @wowso4 Před 2 lety

      Good question, I really want to know too. 🤔🤔

  • @ElizabethT45
    @ElizabethT45 Před 2 lety +3

    I still can't figure out what the Theranos office staff did all day every day for over three years. What work did they have to do?

  • @CinePhil101
    @CinePhil101 Před 2 lety +1

    5:30 Courage, right there. Good for her.

  • @danalowi-merri6373
    @danalowi-merri6373 Před 2 lety +1

    Imagine if there was actually a product to back it up.
    Made something of value first, then sold it. That would have been an amazing success story.