‘The Dropout’ Part 2: Elizabeth Holmes begins marketing her Theranos devices

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By February 2005, the 21-year-old entrepreneur had raised about $6 million for her company. Former employees, some of whom she recruited away from Apple, said she tried to emulate Steve Jobs.

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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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20 thoughts on “‘The Dropout’ Part 2: Elizabeth Holmes begins marketing her Theranos devices

  1. ITS SICK TO SEE A COUNTRY WHO CANT EVEN PUNISH HER OR PUT HER BEHIND BARS FOR THE BIGEST FRAUD . IMAGIN HOW DUMB THIS COUNTRY CAN BE TO LET A BLOND FOOL U . DISGRACE TO THIS. JOKE IS SHE IS HAPPILY WITH HER BY AND HER DOG . LOOSERS

  2. She's just a young woman who was accepted by one of two people in a powerful group and it spiraled. Those specific first men, while unnamed, are the real story here.

  3. I still can't believe anyone bought this. There would have to be huge breakthroughs in biology first for this to be possible. She would have had to rewrite biology, specifically virology, itself.

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