Start-Up Fraud Stories. How They Caught Elizabeth Holmes.

Season 6 Episode 35

This is story of how they caught Elizabeth Holmes and the rise and fall of THERANOS. From youngest female billionaire to convict.

The technology never worked as promised. Was her intent to hope that the tech would “catch up” to what they had promised investors and regulators? Or had Theranos and Elizabeth Holmes crossed the line of NO return when they unleashed their tech through clinics treating patients with incorrect and wildly inaccurate test results?

You can decide for yourself after hearing what unfolds.

Takeaways

The rise and fall of Elizabeth Holmes and Theranos is a cautionary tale about overselling and the dangers of lacking transparency in the tech industry.
Investors should be cautious about investing in companies that refuse to provide audited financial statements and technical verifications.
The case highlights the need for regulation and scrutiny in the healthcare industry, especially when it comes to medical testing and patient care.
The story of Theranos serves as a reminder that data-driven decision-making and scientific validation are crucial in the development and implementation of new technologies.

Chapters

00:00 Introduction to the True Cybercrime Story of Elizabeth Holmes and Theranos
07:22 Elizabeth Holmes' Motives and Goals for Founding Theranos
09:46 The Rise of Theranos and Elizabeth Holmes
14:02 The Technology and Promises of Theranos
23:08 The Downfall of Theranos and Quest

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Published on 8 months, 3 weeks ago

Podcast Episode Details

Start-Up Fraud Stories. How They Caught Elizabeth Holmes.