Theranos’s invention never would have worked. Here’s why.

วิทยาศาสตร์และเทคโนโลยี

Elizabeth Holmes has been found guilty of four out of 11 federal charges relating to wire fraud, deceiving investors by making unsubstantiated claims about her revolutionary Edison machine. But that machine never would have worked - at least not in the way Holmes intended. Still, other promising companies are continuing to make progress with blood diagnostics that can do more with smaller volumes of blood,. Here’s what’s really possible.

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ความคิดเห็น: 743

  • gizmoguyar
    gizmoguyar20 วันที่ผ่านมา

    The really amazing thing, to me, is that anyone gave her money. I've worked for multiple startups over my career. Not a single time has any investor agreed any amount of money without deeply understanding the technology, limitations, and testing results (usually 3rd party). I feel like these investors must have just taken her word for everything, without actually asking to see the inside of the machines. That's insane.

  • B Babbich

    B Babbich

    2 วันที่ผ่านมา

    She knew creditable people and flaunted those connections. Its that simple.

  • Karen Smiles

    Karen Smiles

    3 วันที่ผ่านมา

    @phototristan She worked for CIA,Americans are good at devouring BS

  • Rabin Shetty

    Rabin Shetty

    4 วันที่ผ่านมา

    Exactly, like how simp were these investors? There doesn't seem to be an explanation

  • Zack Scriven Media

    Zack Scriven Media

    7 วันที่ผ่านมา

    Because she’s a sociopathic narcissist

  • Kim Taren

    Kim Taren

    7 วันที่ผ่านมา

    Money laundering maybe

  • Piotr Tchaikovski
    Piotr Tchaikovski18 วันที่ผ่านมา

    Imagine if that funding went into legit research...

  • Karen Smiles

    Karen Smiles

    3 วันที่ผ่านมา

    It went into bioweapon research..The Generals on her Board overseen it.Where is Holmes now? Pfft

  • Sleekoduck

    Sleekoduck

    8 วันที่ผ่านมา

    Betsy DeVos never cared about the betterment of humanity anyway. It was inevitable that she would find an Elizabeth Holmes to take away her money.

  • Jenny Anydots

    Jenny Anydots

    10 วันที่ผ่านมา

    @Boughatii Lovren Thanks captain obvious. Whatever would we do without you?

  • Boughatii Lovren

    Boughatii Lovren

    11 วันที่ผ่านมา

    It was from private investors

  • Jenny Anydots

    Jenny Anydots

    15 วันที่ผ่านมา

    I think that was her real crime, diverting money away from real research. I could care less about billionaire investors, they just want to make more money to add to a pile they couldn't spend in an entire lifetime anyway. Not to mention, a lot of what they lost ends up being a tax write off at the end of the year.

  • mike dee
    mike dee21 วันที่ผ่านมา

    One of the major problems with Theranos was ignorant investors, who don’t understand science.

  • B Babbich

    B Babbich

    2 วันที่ผ่านมา

    People want to believe they are investing in the next Steve Jobs or Elon Musk rather than looking at the business fundamentals. For whatever reason people love cults of personality. I will never understand it. Just look at WeWork for example and all the “charisma” that CEO had. Then he lost people TONS of money.

  • impostory

    impostory

    3 วันที่ผ่านมา

    Nah the investor want money so as long the public think it works investor will invest and leave when time come to leave

  • Zee Hilal

    Zee Hilal

    4 วันที่ผ่านมา

    Its pronounced sky ence

  • Ed Keosada

    Ed Keosada

    5 วันที่ผ่านมา

    💯 there was a grandson of an investor who worked thernos. Told his granddad that technology didn't work. Grandpa ignored it. The grandson was a ph graduate in bioscience with 4 years experience...😔

  • David Jensen

    David Jensen

    8 วันที่ผ่านมา

    It wasn’t just investors…medical professionals were also fooled by this company. And they obviously understand science. The data that was available was falsified, resulting in thousands of now unreliable tests conducted for patients who likely made medical decisions based on their blood work at the advice of a medical professional. Understanding the intricacies of blood work isn’t really related to my field, economics, so why would I know anything other than a surface level knowledge?

  • Yayie Ali
    Yayie Ali17 วันที่ผ่านมา

    "Every lie we tell incurs a debt to the truth, sooner or later that debt is paid." - Valery Legasov

  • Soumyadip Goswami

    Soumyadip Goswami

    11 ชั่วโมงที่ผ่านมา

    @Zucc found one 😂

  • Zucc

    Zucc

    3 วันที่ผ่านมา

    @Joe Trosclair who are these postmodernists you speak of?

  • Joe Trosclair

    Joe Trosclair

    3 วันที่ผ่านมา

    Post Modernists don’t believe in ‘Truth’

  • M69392

    M69392

    11 วันที่ผ่านมา

    ... with interest.

  • krix pop

    krix pop

    12 วันที่ผ่านมา

    "You Tube comments is the mother of all craziness " Mobootu Seze kaka Ngtenttu Woa Zaza Bunga Banga

  • Pete
    Pete21 วันที่ผ่านมา

    I’ve heard a lot of compelling arguments about why the company probably would have failed even if the technology worked perfectly. And people in the medical community thought it was a terrible idea well before they were exposed as frauds

  • tiesiog ba

    tiesiog ba

    6 วันที่ผ่านมา

    @Alain DUMAS yeah but i think it will be totally new technology that will replace constant blood tests. basically cyberpunk future where you have device or device system implanted that monitors you and sends data and then complex ai compares that data with your other data looking for abnormalities then comparing those abnormalities with all possible abnormalities across humans with similar baseline. :D

  • Mengele Ugulumo

    Mengele Ugulumo

    8 วันที่ผ่านมา

    @Pete You might have a point there

  • toomanyaccounts

    toomanyaccounts

    10 วันที่ผ่านมา

    @Peter Johnson the huge issue is that no one machine can do all the tests. getting the amount of blood needed for certain tests to be less can be done and is being researched. but to have one small machine do 150 tests on a fingerprick worth?

  • Pete

    Pete

    11 วันที่ผ่านมา

    @Markus Gorelli There were many reasons/opinions I read from people in the medical community, I don't remember them all and most of them were very technical, but I do remember some that I've heard. I'm sure the technology of being able to run tests on a small amount of blood could have several useful applications, but questionable in Theranos business model. There isn't any evidence that more people would get their blood tested if they had their finger pricked instead of venous draw, and some people think getting the finger is actually more painful. The bigger benefit was the lost cost for uninsured people, but it would have been extremely difficult for Theranos to make any profit with their low costs. When they were in Walgreens, they brought in about 100K in revenue for one year while burning through over 100M. If the technology worked maybe it could have brought their costs down, but they would have always had huge overhead. From what I've read blood testing is not a very profitable business, which is why not too many companies do it, and the 2 main ones that do charge 10 - 20x more. Another thing is that blood test results mean nothing to the average person, the idea that you just walk into Walgreens or Safeway and get a blood test while your shopping is questionable, because no one would know what most of the test means and what is a healthy range for one person could be an unhealthy range for another person. It's pretty useless unless reviewed by your own doctor, and it would probably mean thousands of concerned people making calls to their doctor asking what everything meant, and a lot of people panicking over nothing, and over-treatment. I'll have to go back and see what the other concerns were, but it also sounded like the other big blood testing companies were never really worried about Theranos, because they knew it was not going to disrupt the diagnostics business they had been doing for 50+ years.

  • Peter Johnson

    Peter Johnson

    11 วันที่ผ่านมา

    @Misaka 10032 Are you sure? How was the Surgisphere fraud discovered then if "they" were all fooled?

  • Douglas Gray
    Douglas Gray21 วันที่ผ่านมา

    She is guilty of defrauding investors in two distinct, fundamental ways. One, she claimed the device could do many more tests than it actually could, and two she claimed 10 million in revenue where in reality the company only made a few hundred thousand dollars that year. Then there were the little falsehoods, such as the device being used by the military on the battlefield. She never had a viable financial plan; doing tests at Safeway for $5? Let's say she and Safeway each get $2.50. Even if the technology worked, Theranos would have lost money. There are very good reasons why lab work is costly.

  • Christopher Liang

    Christopher Liang

    13 วันที่ผ่านมา

    @PungiFungi she speaks so much and gives so many non-answers it is genuinely hard to not be confuses

  • PungiFungi

    PungiFungi

    18 วันที่ผ่านมา

    With those incessant babblings on the phone, I am not surprised if the investors were confused about what she was actually saying.

  • an nie

    an nie

    19 วันที่ผ่านมา

    Drawing the blood and putting it in the vial already cost more than $5.

  • Lurking Arachnid
    Lurking Arachnid16 วันที่ผ่านมา

    Funny how when multiple medical expert is say it's not possible people still believe a 19 year old dropped out

  • Xan Bell

    Xan Bell

    10 วันที่ผ่านมา

    In their defense they were shown no real evidence it actually worked... wait.

  • Abhigyan Raha

    Abhigyan Raha

    13 วันที่ผ่านมา

    They thought this was another IT company.

  • Tyson Adams
    Tyson Adams12 วันที่ผ่านมา

    The fraud conviction shows everything wrong with Theranos. That more emphasis is being placed on the money Theranos scammed rather than the people who were harmed, died, and suckered by the technology to the detriment of their health, illustrates just how criminal the entire industry is.

  • Никита Отдельнов
    Никита Отдельнов12 วันที่ผ่านมา

    I did not do it, but if I went around and asked my fellow medical students whether such technology was possible - most of them would say no. Blood tests are incredibly complicated and require more material than just some drops from your finger.

  • no way

    no way

    11 วันที่ผ่านมา

    Yes they are, but this generation beleve more in a screen machine that tge science to made it work, so its easy to scam it

  • Eleeth Tahgra

    Eleeth Tahgra

    11 วันที่ผ่านมา

    Depend. Blood sugar, uric acid n cholesterol. You could get a quick result with just several drop of blood. That being said, expect inaccuracy.

  • Sam Lawrence
    Sam Lawrence15 วันที่ผ่านมา

    Great video, thanks 😊 I hadn't considered the large ripple effect on other companies that were researching similar solutions/technology.

  • Shiver MeTimbers

    Shiver MeTimbers

    13 วันที่ผ่านมา

    Not just companies; even academics would have found it more difficult to secure grants working on similar problems

  • K-Fan
    K-Fan22 วันที่ผ่านมา

    The headline at 4:05 "Other Blood Companies are Still Pissed about Theranos" could also be said today about Augmented Reality startups and Magic Leap. Magic Leap sucked most of the VC money out of the market then left a dumpster fire.

  • MISTAKEWASMADE4live

    MISTAKEWASMADE4live

    10 วันที่ผ่านมา

    Never heard of Magic Leap before, when was this? I'm only 23

  • M69392

    M69392

    11 วันที่ผ่านมา

    Manipulating the masses does absolutely not require vulgarity, it's entirely optional.

  • Mapa Kern

    Mapa Kern

    12 วันที่ผ่านมา

    @Federico Madden Why do you think that? Vulgarity to me is a sign of a) populism and b) dumbing down ideas. That is worrying because you're just trying to manipulate masses to emotional behaviour based on very small knowledge. And sooner than you think you will wake up in an idiocracy.

  • Federico Madden

    Federico Madden

    12 วันที่ผ่านมา

    @Mapa Kern Vulgarity isn't something to be especially worried about

  • holdingspace

    holdingspace

    12 วันที่ผ่านมา

    Now its metaverse🥳

  • Jared Harmer
    Jared Harmer22 วันที่ผ่านมา

    In econ we call this the market of lemons: when ppl know there’s lemons (theranos) and can’t tell if something is a lemon or not, they treat everything as a lemon, don’t invest and the world suffers as a result. Holmes didn’t just commit fraud, she held back the world decades from accomplishing something like this.

  • GappleBees392

    GappleBees392

    7 วันที่ผ่านมา

    @Gaurav Goel no one in particular, too many variables. investment institutions are pressured to perform better each year, interest rates are low so more capital is allocated to equities, generally speaking. US stimulus (along with a decrease in taxes) added several trillion to national debt, which is just shy of $30 trillion, creating inflationary pressures & to maintain purchasing power you really gotta take the risk & prompt up stonks.

  • Glenn Davey

    Glenn Davey

    14 วันที่ผ่านมา

    That sounds like saying "frauds held back the world decades from developing Cold Fusion". Some things are just impossible.

  • Chiller Killer

    Chiller Killer

    15 วันที่ผ่านมา

    @GappleBees392 agreed. Peer review is there for a reason

  • GappleBees392

    GappleBees392

    15 วันที่ผ่านมา

    …or don’t invest in companies without having experts agree the product works? they got greedy & wanted dibs. the lemons principle is based on information asymmetry, not a lack of it.

  • Kimberly Reeves

    Kimberly Reeves

    15 วันที่ผ่านมา

    @Tommy Swain My snarky side wanted to post, "But most of those women aren't 19 yo college dropouts." As John Carreyrou pointed out in Bad Blood... Sure, Mark Zucker learned to code in his dad's basement during his teen years, and he created an empire. That's coding. That's software. It can be self-taught. It's not someone saying they have the medical knowledge to create massive medical breakthrough. That's entirely different.

  • Goran.mp4
    Goran.mp421 วันที่ผ่านมา

    Moral of the story : why didn't we see this as fraud sooner? Seems like based off these Verge videos it was pretty obvious from the start that from a scientific standpoint it made 0 sense.

  • MISTAKEWASMADE4live

    MISTAKEWASMADE4live

    5 วันที่ผ่านมา

    @Walrus Really? I'll definitely have to watch it then but Starship isn't impossible, anything can be made possible with design changes.

  • Walrus

    Walrus

    6 วันที่ผ่านมา

    @MISTAKEWASMADE4live there's a whole bunch of videos about why starship is not feasible. Common Sense Skeptic did an entire series on it.

  • MRLONG758

    MRLONG758

    10 วันที่ผ่านมา

    @Hot Toymania Their jobs are to make policy decisions that affects millions of people, so of course they'll want to be well informed. But investors only care about making money, I don't think they care so much about the science of a product they invest in, as long as they make a return. there are plenty of great ideas out there that fail, so its not just a matter of having great science behind a product.

  • James Kelly

    James Kelly

    10 วันที่ผ่านมา

    @MISTAKEWASMADE4live I'm confident that people are "STILL" just as gullible. My current favorite SCAM is "Earth 2"

  • MISTAKEWASMADE4live

    MISTAKEWASMADE4live

    10 วันที่ผ่านมา

    @Piotr Tchaikovski Nah, Falcon 9 and Crewdragon has almost singlehandedly revived American space program and is the most cost effective space access program on the planet, so much so that even private companies hire Space X to take their stuff to space and do private multiday space flights, Elon in a way has made space accessible to the common person. If Starship takes off it will completely revolutionize space travel and accelerate human progress decades further into the future. Tesla on the other hand is not all too impressive, luxuries and useful? Yes, affordable? Hell no, still good if you can easily afford it though. Everything else Elon does is pretty weak though, the Boring company is not really doing anything and Neuralink is almost science fiction.

  • Gary Botha
    Gary Botha16 วันที่ผ่านมา

    All the warning signs were there and yet investors were lining up. I have no sympathy for their greed either.

  • M69392

    M69392

    11 วันที่ผ่านมา

    Professional investors do not blindly follow the herd of other investors. Theranos investors were very, very sloppy. At least this time they were.

  • Kaitlyn L

    Kaitlyn L

    14 วันที่ผ่านมา

    @Joe Nichols you do see how that leads to the conclusion that they didn’t care about efficacy or due diligence and instead saw it as a “safe investment” because the other big boys invested? And therefore was less about what was really being invested-into and more about the clout, the media exposure, and the idea it would lead to an explosive company growth.

  • Joe Nichols

    Joe Nichols

    15 วันที่ผ่านมา

    @Gary Botha checks and balances are a concept that us used for politics not business lol. And the investors assumed the other, extremely well known, investors before them had done the due diligence. That was clearly a mistake. She started this domino process by being the girlfriend of the first investor

  • Gary Botha

    Gary Botha

    15 วันที่ผ่านมา

    @Joe Nichols Part of making an investment is due diligence. Checks and balances. I have no problem with investors taking a risk and making a profit but make at least some effort.

  • Joe Nichols

    Joe Nichols

    15 วันที่ผ่านมา

    It's not greedy to make a good investment. They genuinely thought it was a good invention. Even Silicon Valley investors are fallible

  • Daniel Stapler
    Daniel Stapler12 วันที่ผ่านมา

    This would have been easy to test. Have Theranos run their tests on say 5 to 20 people and then independently check those results with conventional tests.

  • Daniel Suh
    Daniel Suh9 วันที่ผ่านมา

    When I watched on 60 Minutes, first, as an oncology RN I was blown away. Why? Because this technology could be the end of countless blood draws that my patients have to endure each day considering that most have low Hgb to begin with. But then again I thought, my lab rejects any blood tubes with less than 3 ml. Either my lab is very inefficient or this technology is just too good to be true.

  • Juxtaposition
    Juxtaposition12 วันที่ผ่านมา

    Her invention actually worked. She invented a revolutionary new method of fraudulence.

  • DJ Force
    DJ Force9 วันที่ผ่านมา

    It's about time people realized the Silicone Valley approach works great with software, but not so great with real world problems.

  • Omnicurious
    Omnicurious16 วันที่ผ่านมา

    They didn't do a great job of explaining one of the key reasons this technology was physically impossible. For many tests, there just aren't enough molecules in a drop of blood to test. There is so little blood there just isn't enough information there even if you detect every single molecule. It's like taking an opinion survey of three people, it doesn't matter how well you ask or record the questions, three people will never be representative of any population.

  • Blind Freddy
    Blind Freddy14 วันที่ผ่านมา

    The whole Theranos board should be on trial.

  • John Wilson

    John Wilson

    11 วันที่ผ่านมา

    Not really. They were also duped, just as the investors were.

  • joshuaoha
    joshuaoha10 วันที่ผ่านมา

    The fact that so many "smart people" fell for her BS give me absolutely no faith in "expert" investors. Probably most of the entire stock market is a house of cards

  • derlaurenz
    derlaurenz6 วันที่ผ่านมา

    This might sound a bit "meta", but when you are pursuing such a disruptive career, knowing your invention will never materialize, you share a great deal of reponsibility hurting actual inventors in this sector with more realistic ideas. She has left a lot of soiled earth here and might even have turned the clock back on this issue. I highly doubt her twisted brain will ever be usefull to society. Gurl needs some serious counseling.

  • dkchen
    dkchen10 วันที่ผ่านมา

    From what I read was that there were a lot of Silicon Valley VC's that passed on them because Theranos wouldn't let the VC's do a proper due diligence on their stuff. It was nuts.

  • Jakub Neumann
    Jakub Neumann11 วันที่ผ่านมา

    Theranos is a product of a culture where extreme confidence and wild risk taking is far more important than actual, existing work, research or progress.

  • Ghost Rat
    Ghost Rat10 วันที่ผ่านมา

    With how I once had 8 vials of blood taken at one time, I have a very hard time believing you could get all the information gleamed from those vials from a single drop.

  • Christopher Carr
    Christopher Carr21 วันที่ผ่านมา

    A good first step would be for a company to _not_ be basically a cargo cult operation.

  • Kimberly Reeves

    Kimberly Reeves

    15 วันที่ผ่านมา

    One point that I come back to, time and again, is that Silicon Valley unicorns don't go public. They aren't held up to the scrutiny of a public company. So... things happen, right?

  • Christopher Carr

    Christopher Carr

    15 วันที่ผ่านมา

    @DJcyberslash - It does in that I called Theranos a "cargo cult." See: college freshman anthropology textbooks.

  • Christopher Carr

    Christopher Carr

    15 วันที่ผ่านมา

    @John Smith - The copying of superficialities associated with successful startups or corporations, without any underlying comprehension or substance. Wearing a black turtleneck all the time does not make you Steve Jobs, etc, any more than building runways in the jungle causes cargo delivery.

  • DJcyberslash

    DJcyberslash

    16 วันที่ผ่านมา

    @John Smith this has nothing to do with the south Pacific. Let's focus on Theranos

  • John Smith

    John Smith

    18 วันที่ผ่านมา

    "Cargo Cult"? How do you compare Theranos to these South Pacific religious activities?

  • Dr B
    Dr B20 วันที่ผ่านมา

    She didn´t even finished an undergraduate program. That in science is called incompetence.

  • Tabea Bußmann

    Tabea Bußmann

    6 วันที่ผ่านมา

    @Dr B shes genius

  • Dr B

    Dr B

    6 วันที่ผ่านมา

    @Tabea Bußmann Like bullshitting investors?

  • Tabea Bußmann

    Tabea Bußmann

    6 วันที่ผ่านมา

    Well she was competent in other things

  • Dr B

    Dr B

    7 วันที่ผ่านมา

    @Gaurav Goel Well, money hoarders in general. In Scientific companies is almost impossible to ignore the scientific background of a CEO.

  • Carewolf

    Carewolf

    10 วันที่ผ่านมา

    But in Silicon Valley that is considered a successful CEO.

  • xfloodcasual
    xfloodcasual14 วันที่ผ่านมา

    Reminds me of when Elon Musk showed his Tesla in a strip of tunnel, cities around the country (like Chicago) ditched their current engineering partners and signed up. It left real experts in the field flummoxed and empty handed.

  • Alexander G

    Alexander G

    8 วันที่ผ่านมา

    @Chairman He's not comparing medical research to EVs. He's comparing an ill-conceived medical solution to an ill-conceived transport solution. Both of which have stripped funding from less glamorous, but more promising projects.

  • twinsrock15

    twinsrock15

    10 วันที่ผ่านมา

    Or his so called boring company.

  • Fullyverified

    Fullyverified

    10 วันที่ผ่านมา

    @nevarran the rooftop solar tiles exist??

  • xfloodcasual

    xfloodcasual

    12 วันที่ผ่านมา

    Holme's real crime is she didn't deliver _just enough pieces_ to stay alive. This is what Elon knew how to do or he'd be joining her.

  • xfloodcasual

    xfloodcasual

    12 วันที่ผ่านมา

    @ゴースト He has a track record of delivering parts of the vision that excite people, while leaving major pieces unsolved. They have no track record of refinement and details. I bought FSD 4 years ago and its still vaporware. Where'd my money go? Lol

  • Alpenjodler1
    Alpenjodler110 วันที่ผ่านมา

    Fun fact: when I was in middle school, I didn't believe my teacher that you need a whole syringe of blood for testing, either.

  • suzie

    suzie

    5 วันที่ผ่านมา

    @andik70 Like the video said, blood varies extremely in concentration of white blood cells, haemoglobin, etc. etc. from drop to drop. In order to get a holistic view of blood composition, you need a larger sample size. It's like statistics.

  • andik70

    andik70

    8 วันที่ผ่านมา

    Still dont believe it. Why do you need so much actually?

  • LOAN NGUYEN

    LOAN NGUYEN

    10 วันที่ผ่านมา

    Yeah, i used to wonder why would you need such a large amount of blood just to put some drop on a petri dish under a microscope Boy was i wrong for almost a decade

  • AVSbeats
    AVSbeats16 วันที่ผ่านมา

    As a biomedical engineering student I think it was a bad idea making this device

  • Amy Mak

    Amy Mak

    7 วันที่ผ่านมา

    @Eleeth Tahgra It baffles me that none of the investors looked at results or data. I mean did the scientist working for her forged results? Weren’t e there test run? Another thing is did FDA not approve or review anything? The clinical trials that diagnostics companies have to run and prove, did they even exist? I mean, how did a product get marketed and show any clinical trial data? Clearly nothing worked should be pretty obvious

  • Eleeth Tahgra

    Eleeth Tahgra

    11 วันที่ผ่านมา

    Its a good...idea. Kinda like star trek. But perhaps show result first? Some random test and controlled test?

  • Jamie

    Jamie

    15 วันที่ผ่านมา

    As liar (me) I made an invisible machine, that can test blood pressure & its worths Zillions.

  • reinplat
    reinplat10 วันที่ผ่านมา

    Why is taxpayer money being spent to prosecute someone for "deceiving investors" when these greed-driven investors could very easily have protected themselves simply by asking hard questions and not taking no for an answer?

  • John 1984
    John 198413 วันที่ผ่านมา

    The Theranos story reminds me of the Hitler diary scandal. So many people said it worked without actually verifying it for themselves. I hope it really put a black mark on the people who blindly stood with Holmes even as the walls were crumbling around them because their partly to blame also for helping to recruit other investors. I'm glade the whistle blowers and people who said this wouldn't work are vindicated.

  • TommyM321

    TommyM321

    12 วันที่ผ่านมา

    Ha! That is a great, great story. The hitler diaries fraud

  • Edwin Mintey
    Edwin Mintey6 วันที่ผ่านมา

    Laboratory diagnostics is an industry that is heavily regulated by the FDA. Diagnostic instruments must pass intense scrutiny for accuracy and precision before it can be approved for patient use. In the case of Theranos Holmes was able to circumvent the normal scrutiny that every other device maker has to undergo by exploiting a loophole in oversight which allowed her devices to fly under the radar of the regulatory process. Steps have now been taken to close that loophole so it should not be repeated by another charlatan.

  • Das blonde Sauerkraut
    Das blonde Sauerkraut21 วันที่ผ่านมา

    I am surprised there is not an institution in US checking medical devices producers and technologies for safety and efficacy. For anybody who worked with medical equipment and understands analytics (validation, reproducibility, robustness of results, accuracy,specificacy) it is clear it cannot work. As European I am everytime shocked that just anybody can sell anything to the public in US and there are no governmental controls to protect citizens. Obviously the average man is not an expert on every topic so there is usually a safety commission of independent experts that has the knowledge to evaluate those results.

  • Marcus

    Marcus

    20 วันที่ผ่านมา

    @Das blonde Sauerkraut The FDA only approved one test towards the end (I believe for a form of hepatitis) for use on Theranos devices. Theranos "avoided approval" by not using Theranos devices and using already FDA approved devices by legitimate manufacturers in their labs. They didn't tell their investors, partners, and consumers that they were in fact NOT using Theranos technology for bloodwork results; but the FDA knew they weren't because they weren't approved to. Now, why the FDA didn't rat them out is a different question.

  • Das blonde Sauerkraut

    Das blonde Sauerkraut

    21 วันที่ผ่านมา

    @PungiFungi highly regulated and being able to avoid FDA approval contradict each other. I am aware FDA is reponsible for medicines and health inspections, was not sure for the medical devices that legally fall in another category than medicines. It is both a loophole in the health system and a fraud.

  • PungiFungi

    PungiFungi

    21 วันที่ผ่านมา

    There is, it’s call the FDA. Medical devices need their approval before it can be used by the public. Medicine is highly regulated in the US and Theranos outright avoided the FDA or used loopholes to get around them.

  • Tosan Esoko
    Tosan Esoko14 วันที่ผ่านมา

    She needs to be locked away for a while, she needs to learn her lesson.

  • Misaka 10032
    Misaka 1003214 วันที่ผ่านมา

    Unfortunately people in the comments below always fail to see the heavy amounts of political backing Theranos had back then...

  • brian smylie
    brian smylie11 วันที่ผ่านมา

    She deserves more than 20 years.

  • Joey Vigil

    Joey Vigil

    10 วันที่ผ่านมา

    Ehhhhhh, she didn't kill anyone........ directly at least.

  • Marco Möngke
    Marco Möngke13 วันที่ผ่านมา

    Shows how bad the health system really is in the US. No amount of money wont buy them a medical knowledge good enough to control or predict health.

  • hwhack
    hwhack16 วันที่ผ่านมา

    A 5 minute convo with any competent Doctor or blood specialist would debunk everything of Theranos.

  • Tristan
    Tristan22 วันที่ผ่านมา

    Why did I read the title as, "Thanos failed - here’s what’s really possible"! 😂🤣

  • Tristan

    Tristan

    13 วันที่ผ่านมา

    @Kate S actually sounds like a great solution no need to kill any babies and not killing loved ones! Perfect!

  • Kate S

    Kate S

    13 วันที่ผ่านมา

    If Thanos just decided to limit fertility without killing anyone, that wouldn't be outrageous, and also would actually better solve overpopulation on any planet in a long term

  • Glenn Davey

    Glenn Davey

    14 วันที่ผ่านมา

    "Wiping out 100% is totally possible"

  • kenneth kho

    kenneth kho

    15 วันที่ผ่านมา

    He could not live with his own failure.

  • Johnny Anda

    Johnny Anda

    15 วันที่ผ่านมา

    Because there's a dark side to you that I hope you will never comprehend 🤣just joking, be cool

  • Brainstorming & sharing
    Brainstorming & sharing9 วันที่ผ่านมา

    🔴 Considering everything she did, she deserves a much, much more longer sentence ❗Considering that people from all over the world get the same or even longer sentences for much, much less than what she did ❗

  • Liberal But Not Crazy
    Liberal But Not Crazy17 วันที่ผ่านมา

    Holmes essentially offered the medical equivalent of a perpetual motion machine and some of the smartest person people in history believed her.

  • Alex H

    Alex H

    10 วันที่ผ่านมา

    @MrFujinko “Rivian BS?” Rivian is producing and selling cars, and they’ve been getting largely positive reviews. They don’t belong on this list.

  • Peter Johnson

    Peter Johnson

    11 วันที่ผ่านมา

    The people she fooled were largely rich, financial people who are generally not very smart or they would not default into finance or making money their idol. They were largely anti-science, magical thinking often religious people who would not have a clue. Rupert Murdoch, DeVos...

  • M D

    M D

    11 วันที่ผ่านมา

    Her investors included Betsy DeVos and James Mattias. I would never call any group with them in it "some of the smartest people in history".

  • Eleeth Tahgra

    Eleeth Tahgra

    11 วันที่ผ่านมา

    Perhaps they arent thinking with their brain.

  • Kate S

    Kate S

    13 วันที่ผ่านมา

    Most of those rich freaks are super ignorant and stupid. The current economy and society rewards steping on heads, not being smart

  • L P
    L P13 วันที่ผ่านมา

    There is a big difference between trying out the invention that came from her imagination by herself or letting the whole society/country to try out her imagination.

  • Jorge Ramos
    Jorge Ramos13 วันที่ผ่านมา

    Amazing how greed disarms reasoning. Anyone that has ever worked in the industry should have known better but FOMO is powerful and big names from reputable institutions added credibility. It is hard to believe that in the age of information people could be so easily fooled. Send a loud and clear message that when it comes to Healthcare especially when real patients are involved lying and fabrications will not be tolerated. Elizabeth and others deserve and should be behind bars.

  • Mountain N
    Mountain N11 วันที่ผ่านมา

    Bottom line, she's a liar and she duped everyone and all of the investors should be embarrassed that they didn't do any research on whether or not it actually worked!

  • J L N
    J L N3 ชั่วโมงที่ผ่านมา

    The ACTUAL reason the invention never would have worked: The Theranos machine would have to keep some reagents cold, others at room temperature, and others warm or hot. Creating and accurately maintaining all those various temperatures in one little box: forget about it.

  • Rob Meyers
    Rob Meyersวันที่ผ่านมา

    The way it's supposed to work: Inventor-"Hey, I have a magical machine that can do impossible things cheaper and better than anyone else!" Investors-"Citation needed."

  • Glenn Davey
    Glenn Davey14 วันที่ผ่านมา

    It's like the "free energy machine" of medicine.

  • Mengele Ugulumo
    Mengele Ugulumo8 วันที่ผ่านมา

    Handling hard sensitive science like medicine, nuclear or flight like an entertainment device or online service app is always a bad idea

  • Tabea Bußmann
    Tabea Bußmann6 วันที่ผ่านมา

    They idea was good and she’s a genius, love watching videos about her. You can learn so much about psychology but it’s bad that she messed with patients, that was dangerous, not just deception.

  • West Coastline
    West Coastline14 วันที่ผ่านมา

    Very thoughtful video. Good job Verge.

  • Martin Hawes
    Martin Hawes2 วันที่ผ่านมา

    What is the maximum number of diagnostically useful tests that can be done, with reliable results and with existing technology, on a single drop of blood the size that Theranos claimed was adequate? Two? Three?

  • Smith Js
    Smith Js16 วันที่ผ่านมา

    Sometimes knowledge is more important then imagination

  • Jake Engel
    Jake Engelวันที่ผ่านมา

    This is so sad :( Companies that were researching realistic advancements didn’t get funded

  • Ninad Ganore
    Ninad Ganore17 วันที่ผ่านมา

    She is found not guilty for playing with patients lives. WOW.

  • Martin Hawes

    Martin Hawes

    2 วันที่ผ่านมา

    She wasn’t charged with endangering patients’ lives, she was charged with defrauding them. She was found not guilty, presumably because it would have been harder to prove than the charge of defrauding investors. The government may have decided not to charge her with endangering patients for the same reason. But it leaves the impression that the justice system values profit more than public health.

  • Eleeth Tahgra

    Eleeth Tahgra

    11 วันที่ผ่านมา

    Imagine if this china....just saying....or russia. The law might not catch her...but justice would be served...

  • J Exo
    J Exo22 วันที่ผ่านมา

    I want to hear her say it. "Luke, I am your father" 😂

  • Shane T

    Shane T

    7 วันที่ผ่านมา

    You mean “Nooooo, I… am your father !! One of the biggest misquotes of all time…

  • Russ Henry
    Russ Henry7 วันที่ผ่านมา

    I love how all the experts are coming out now and saying "I knew it wasnt going to work"! How funny

  • SunSon29
    SunSon2917 วันที่ผ่านมา

    I will be very very surprised if Elizabeth Holmes just simply walked away later after everything she has done.

  • Sukhbir Sekhon

    Sukhbir Sekhon

    2 วันที่ผ่านมา

    @Lee Moreau She's already walked. Sentencing not due until September 2022. Some people just live a charmed life. Text me back next year and we'll see who was right.

  • Lee Moreau

    Lee Moreau

    2 วันที่ผ่านมา

    @Sukhbir Sekhon She was literally found guilty of 4 federal charges, which means she's going to jail. You don't get to "walk" after a jury finds you guilty.

  • SunSon29

    SunSon29

    12 วันที่ผ่านมา

    @Sukhbir Sekhon yeah, Ive been told, she is "fine" right now because the baby

  • Sukhbir Sekhon

    Sukhbir Sekhon

    13 วันที่ผ่านมา

    Unless the judge decides to make an example of her she will walk. From reports the jury was very sympathetic to her. She was found mot guilty of patient fraud charges. She's got a new baby.

  • JavierCR25
    JavierCR2511 วันที่ผ่านมา

    Same thing happened with Nikola. The US has allowed scams to become a business…

  • Zach T
    Zach T11 วันที่ผ่านมา

    “Pie in the sky” is a great way to put it. I don’t know much about phlebotomy, but I’ve had blood drawn for pretty routine things and they take a significant amount of blood in each vial. I don’t know how much blood is truly needed for the testing, but it’s definitely a lot more than one drop for all the tests.

  • Sandy Walker
    Sandy Walker17 ชั่วโมงที่ผ่านมา

    It's OBVIOUS it would never have worked! Why the jury didn't find her guilty on everything is mindblowing. 100% intentional. Life. She deserves to be in prison for life.

  • _—-
    _—-9 วันที่ผ่านมา

    Come on, guys. You should have made this video when the company started, at least investors would have seen it and not given any funds. It's too late now.

  • Ray
    Ray13 วันที่ผ่านมา

    How can someone convince funders to invest in wishful thinking? After watching and reading on this story so much, I still don’t get it.

  • Kevdee A

    Kevdee A

    10 วันที่ผ่านมา

    Many people especially the those rich ones, make decisions based on the psychological heuristic of "Social Proof". If one person I believe in does something, then it must be true i.e. my rich smart friend invested it must have been vetted and true.

  • SevenDeMagnus
    SevenDeMagnus14 วันที่ผ่านมา

    Yup, it's amazing how they have the courage and system to pull something like this and Nikola off. Next video- do a video like this but with Nikola Motors. God bless, Rev. 21:4

  • Hank Lawton
    Hank Lawton11 วันที่ผ่านมา

    😅 if only the verge did this analysis when Theranos was founded

  • Rapscallion73
    Rapscallion733 วันที่ผ่านมา

    Anyone else wondering what massive lie they can sell to investors to achieve financial independence? I'm *this* close to building the world's first practical teleporter. Or flying car. Cure for aging. Holodeck. Etc And the good bit is. It's a "rich" crime, not a poor crime. The difference being if they decide to make an example or a major motion picture of you.

  • Philip Giacalone
    Philip Giacalone13 วันที่ผ่านมา

    Skepticism is a good thing. It lives at the very core of science.

  • David Cantor
    David Cantor12 วันที่ผ่านมา

    Well, now the technology will be developed. We tend to manifest ideas into fruition eventually.

  • Edwin Gloria
    Edwin Gloria14 วันที่ผ่านมา

    When it comes to health you can't do shortcuts when the technology is still not available don't push it.

  • Bek T
    Bek T14 วันที่ผ่านมา

    How the hell did she get funding for this? She’s isn’t even a medical professional?!

  • Karim Bennett

    Karim Bennett

    10 วันที่ผ่านมา

    She also had a hypnotic, unblinking gaze capable of mesmerizing otherwise logical people.

  • jigmond

    jigmond

    12 วันที่ผ่านมา

    Her parents had good connections, she convinced a notable staff from Stanford to vouch for her “ genius”, and she made sure to have absolutely no scientists on her board of directors only very ignorant old men.

  • MF Coom
    MF Coom10 วันที่ผ่านมา

    The concept is ground-breaking to almost noble. But anyone who has even dabble a bit in medical sciences could see right through it, the process requires a certain reagent and concentrations and most of all an adequate volume. Id like to see someone else try it in the future, we are just limited to the technology of our time.

  • Instinction Rebellion
    Instinction Rebellion13 วันที่ผ่านมา

    Thanos' work was also difficult, but ultimately had to be done. You can only have so many gods, and someone eventually had to clean the herculean stables.

  • Bezzzles
    Bezzzles3 วันที่ผ่านมา

    She was an entrepreneur that can't stop herself even if it's not physically possible (literally) and that was the problem. Personally, I like Elizabeth but not the lies. Her vision , personality and passion was amazing but not her lies.

  • Anja Martinez

    Anja Martinez

    3 วันที่ผ่านมา

    Her vision was a lie. She wasn't a business person but a liar and scammer.

  • Steven Samuel
    Steven Samuel9 วันที่ผ่านมา

    What's funny is that her Stanford professors told her the same thing, but she just ignored them lmao

  • mmmbetter55
    mmmbetter5514 วันที่ผ่านมา

    An important distinction to be made here is that Holmes was only held liable for damages to *investors*, not to the very real harm that was done the patients by way of misdiagnosis. While I applaud her being held accountable, this case also brings into stark relief the reality that the Justice system is structured to protect and benefit the monies elite first and foremost, often at the expense of the People.

  • ironglaciers

    ironglaciers

    14 วันที่ผ่านมา

    Very much so. That has angered me beyond belief. Plus, she's not likely to actually spend 20 years in prison at all. We don't have a justice system, we have a system designed to uphold the wealthy and powerful.

  • Truthsabre7
    Truthsabre721 วันที่ผ่านมา

    There was even an episode of House MD. Talking about how much tissue they needed to run a test. And that the tissue is so small instead of running hundreds of tests they can only run one or two. If the people investing in Theranos would have just watched that episode maybe they would not have lost all that money.

  • Truthsabre7

    Truthsabre7

    12 วันที่ผ่านมา

    @Misaka 10032 well being that you're so smart you probably understand that The first drop of blood could be very different from the fifth drop of blood from the 10 drop of blood. All drops of blood and not equal.

  • Misaka 10032

    Misaka 10032

    14 วันที่ผ่านมา

    Different scenario. Hematology =/= Histology. Blood tests often require 9:1 mix of blood:reactant in EDTA/sodium citrate/coag tubes and most modern machinery, especially clinical chemistry analyzers and hematology machines are huge for a reason. The processing power required is also massive. The investors haven't considered the limitations of our current technology but rather focused on following and political power like Bill Clinton, Jack Ma, Joe Biden all were backing up Theranos back then.... if you remembered at all.

  • Igor Chistyakov
    Igor Chistyakov3 วันที่ผ่านมา

    So, we have a company named after a Sith lord with no established reputation but lots of promises too good to be true. Hmm, that's a tough one. What could possibly go wrong if we gave them money, right?

  • Daniel Pierce
    Daniel Pierce16 วันที่ผ่านมา

    That’s one of the main issues, they were diluting the blood sample so much that most of the tests were coming out massively wrong when compared with regular blood tests.

  • Ashish Dewan
    Ashish Dewan12 วันที่ผ่านมา

    Lesson learned: never mess with public health, and never pomise things that you can't do.

  • Stuart Castle
    Stuart Castle22 วันที่ผ่านมา

    I think the idea of the Edison is good, but the implementation is fundamentally flawed. It's good because it makes blood testing easier. It's flawed though. As said in the video, tests require a finite amount of blood. A single drop is unlikely to be enough. Another flaw is in the implementation. The idea that people can go order their own blood tests is bad. What do you do with the results Most people wouldn't have a clue how to read their results, and may conclude they are ill when they aren't or (and this is worse) conclude they aren't ill when they are. Then there is the plethora of blood tests available. Which do you order? They need a doctor to know which tests to order, and a doctor to interpret the results. If they are already going to the doctor for those things, the doctor may as well order the test. I realise things are a little different here in England, as we have an NHS. We can see a GP, who can give us a form listing the test(s) required, then we can go to any Blood testing centre in the area, and phone our doctor for the results two days later. All of which is paid for through National Insurance, so we don't pay at the point of service.

  • Stuart Castle

    Stuart Castle

    13 วันที่ผ่านมา

    @ironglaciers I'm not lab tech (I'm not even medical) , but this is one reason I think it's a nice idea, but fundamentally flawed. Holmes has been found guilty now, but if she was not guilty, she should have seen that this idea is flawed in the initial stages of the project.

  • Michael Smith

    Michael Smith

    13 วันที่ผ่านมา

    This is so called "American talent" 😂

  • Kaitlyn L

    Kaitlyn L

    13 วันที่ผ่านมา

    @Sandor Bako double spacing at the end of a sentence is tradition from typewriters because they didn’t have variable-width characters. And some typing schools still teach it today. In a multi-width font (like THmy uses), the space is either wider or narrower than most letters. But on a typewriter it’d be exactly the same. So they did a double space to enhance readability with the mono-width characters.

  • Sandor Bako

    Sandor Bako

    13 วันที่ผ่านมา

    Why you leave big spaces between sentences ?

  • ironglaciers

    ironglaciers

    14 วันที่ผ่านมา

    The problem is that the various panels of tests they wanted to do aren't even done the same way. Some are immunoassays, some PCR likely, and they require very different reagents, set up, thermocycling, etc. You can't just put it all in a little box and run on highly diluted small samples of capillary blood like that. I'm a lab technician.

  • Salvatore Shiggerino
    Salvatore Shiggerino10 วันที่ผ่านมา

    Why do we even need this? I’ve had blood drawn and drawn blood using vacuum tubes myself and I don’t see what the big problem is.

  • Over the Hills
    Over the Hills16 ชั่วโมงที่ผ่านมา

    "There might not be a high enough concentration of what you're trying to measure in a single drop of blood". Bzzt. The concentration isn't dependent upon volume. It's the absolute amount of what you're trying to measure that's dependent upon the volume of blood collected.

  • Peter 3.0
    Peter 3.04 วันที่ผ่านมา

    "Due to enronistic misalignments of the retroencabulatory deficoses, we failed to meet customer-appropriate levels of marmelvanic revgerations, therefore our climtistic biopositions became acombulatorily descrimbant." ~Elizabeth Holmes, 2022

  • ndosh1man
    ndosh1man19 วันที่ผ่านมา

    Its easy to say that something was doomed to fail with the benefit of hindsight.

  • Nonlinear Timelines

    Nonlinear Timelines

    11 วันที่ผ่านมา

    Its easy to notice, really, a lot of expert in their field, both from medical and engineering say its impossible. But some stupid people choose to believe a highschool dropout. And the audacity to say "Well, i choose to believe high school dropout instead of the real expert. Dont you dare do think im stupid. I dont bave the benefit of hindsight ya knowwwwwwww"

  • Txema Novelo
    Txema Novelo14 วันที่ผ่านมา

    The Silicon Valley ethos for the med industry needs to be reviewed? How about the Silicon Valley Ethos in general?! Atari which was the fire starter began in 1972 with Nolan Bushnell stealing the Pong idea from genius veteran toy creator Ralph H. Baer. Then Apple was created with the money that Bushnell paid to his buddy Steve Jobs in order to create a game for the company in less than a week. Jobs didn’t move a finger in the enterprise, it was the real Apple genius, the other Steve (Wozniak) who created the Arcade game “Breakout” in four days and was lied about how much money did Atari actually paid for it (Jobs kept two third of the deal). They combine their earnings and Apple was born. Silicon Valley’s history is based on stealing ideas and ripping friends and partners, a bit just like American richness is based on native genocide and slavery, or am I wrong?

  • Txema Novelo

    Txema Novelo

    14 วันที่ผ่านมา

    Stephen you are assuming capitalism is a natural outcome when is not, nature doesn’t have bums, homeless creatures, it’s a perfect balance of cooperation and fair distribution of resources. Social democracies likes the Scandinavian work like socialist capitalist governments were you pay more than half your income in taxes and in return you have all kinds of social services, you are medically insuranced, you do not pay for education, and museums and parks come for “free”. Your comments proves my point, you are part of society that has assumed abuse and advantage is natural, when is not.

  • Stephen

    Stephen

    14 วันที่ผ่านมา

    All of life is based on getting ahead of others, yours too. The fact that you have what you have and are where you are, means one more person in the world will have less. That’s capitalism. There will always be the bottom underclass.

  • George Spalding
    George Spalding19 วันที่ผ่านมา

    TWO things to learn here.....Watch out for Scammers because they have NO conscious and will do anything to take your money. And investors should NEVER invest based on just the Charm and Personality of the CEO of the Startup but on the proven science of the product they are presenting.

  • Eleeth Tahgra

    Eleeth Tahgra

    11 วันที่ผ่านมา

    Alas...guys still got lizard brain.

  • Steven Green
    Steven Green7 วันที่ผ่านมา

    If i were wealthy and someone wanted me to invest in some new technology. They are going to have to prove to me the damn thing works first. Before they get even a single dollar from me.

  • simenhw
    simenhwวันที่ผ่านมา

    Afinion does (at least parts of) what Theranos never could. That's been in production for many years! ACR, CRP, HbA1c and Lipid. PoC from a drop of blood. Test result within minutes.

  • Lucas Glowacki
    Lucas Glowacki14 วันที่ผ่านมา

    Good! We need skepticism in this field. It’s not some app or trinket for entertainment🙄

  • djp
    djp21 วันที่ผ่านมา

    But this technology has been around for decades already. There's a machine called the "iStat" that every hospital uses that can run almost any blood test with a drop of blood. And it's a small hand held, battery powered machine.

  • djp

    djp

    15 วันที่ผ่านมา

    @Patricia McKean I’m sure the istat cartridges can be modernized and redesigned to work off of a drop of blood. Their prefill chamber is way too big and can be made smaller. The place on the cartridge where the actual blood test takes place uses a microscopic amount of blood.

  • Patricia McKean

    Patricia McKean

    15 วันที่ผ่านมา

    the I-Stat requires more than "a drop of blood;" for the chem 8 you cannot collect enough blood through a finger stick. This is pretty old technology, I have an I-stat that will be 21 years old this year. And there is really not much out there besides the I-Stat. Definitely something where innovation is really needed for all you engineering types could work on...

  • Kimberly Reeves

    Kimberly Reeves

    15 วันที่ผ่านมา

    I went back and looked at this. iStat -- by Abbott -- is based on a small range of outcomes. A real range of blood tests come with different processes. I'm not a biology major but there are very different types of blood tests for different diseases/outcomes/etc. (Sorry for my stupidity here, but here I simplify it...) Some come from a light interaction. Some have chemical interactions. You have a set of tests for each type of interaction. Some tests are qualitative. Some tests are quantitative. It's difficult/impossible to do that with the same drop of blood. As blood science stands right now.

  • Kimberly Reeves

    Kimberly Reeves

    15 วันที่ผ่านมา

    @Gurvinder Parmar Not exactly. See above.

  • Gurvinder Parmar

    Gurvinder Parmar

    20 วันที่ผ่านมา

    @djp That's how everyone feels but this is the promise Holmes made with Theranos. One drop of blood could allow for hundreds of tests...I do believe we will get there some day but no one can do this today.

  • william schacht
    william schacht12 วันที่ผ่านมา

    Would her idea have worked with a whole vile of blood instead of just a drop? Why do people in the medical community think this is a terrible idea?

  • william schacht

    william schacht

    12 วันที่ผ่านมา

    @James Kelly Thanks for the info. I have been following the story for some time and understand the fraud and deception. But it just seems that someone should determine if the idea is even possible under more "relaxed" conditions, and then go from there to making it smaller, more efficient, etc. I just wonder if Theranos even attempted any legitimate unbiased analyses before building a machine.

  • James Kelly

    James Kelly

    12 วันที่ผ่านมา

    @william schacht The machine needs to be significantly larger. Theranos promised something that isn't realistic. And a one point I think that promised to do over 200 different tests from a single drop of blood, on a very small machine.

  • william schacht

    william schacht

    12 วันที่ผ่านมา

    @James Kelly Right, I understand. But it seems like such a good idea that it should be pursued with relaxed conditions, that is, could the idea work if, say, a vile or two of blood was used instead of just a drop and a "bigger" machine. My understanding is that they were attempting too analyze 70 or so different tests all in "one shot." Or is the science just not there yet?

  • James Kelly

    James Kelly

    12 วันที่ผ่านมา

    The "IDEA" is you only need a drop of blood. She lied and committed fraud on a large scale. Also with some tests you need a large sample size of blood to get an accurate reading. It's a physics and chemistry issue.

  • lukkash
    lukkash12 วันที่ผ่านมา

    At least with our actual state-of-art knowledge of technologies related to this. In order to make it working they should have invented sth brand new but they didn't succeed also coz she preferred being a complete dreamer who doesn't care about any feasibility issues. Moreover she wasn't any expert on medicine, physiology and biochemistry coz she did only two semesters in a college. For a field like medicine you have to have got truly good knowledge to operate in this.

  • nanky432
    nanky43212 วันที่ผ่านมา

    I’m still not sure how this can be considered a fraud. The people who funded her should have been the ones held financially liable for not doing there homework and the same for anyone who supporter her should also be publicly shamed for getting hustled so badly. If anything you can find her guilty of cooking the books to make the company seem viable, but eventually all technology is viable if given enough time and money. That said, who was stupid enough to think that wannabe Steve Jobs was anyone you would give money too? Jesus, medical science is not software/computer engineering, how was any of this ever a good investment? Now let me tell you about NFTs…

  • Lee Vahal
    Lee Vahal13 วันที่ผ่านมา

    What if the tech worked and the gov restricted it to avoid breaking big pharma

  • Daniel Nobre
    Daniel Nobre8 วันที่ผ่านมา

    Mixing a profit-only-focus approach, typical of business/investment areas, with healthcare and health products development is usually a bad idea. This latest trend of having new tech start ups wanting to revolutionise healthcare is good in terms of moving technology forward indeed, but limitations need to be put in place that assure the regulation and an evidence based approach is always followed - because albeit being cumbersome and a detractor for innovation mostly, regulation is in place for a reason, and that is mostly to safeguard patients wellbeing. Healthcare does need a push forward technologically speaking, specially in terms of a) size of the hardware and "manufacturability", b) usability, and c) accessibility. But when business is involved, the pressure from investors - whose mental model is usually focused on quick returns instead of a long run mindset - can quickly lead into manipulating certain results to make it look like progress is being achieved faster than it should happen. It can also lead to a mindset that leaves the door open for scammers and quacks to come in and get millions by just telling the story investors WANT to hear, instead of the story they NEED to hear. As always, common sense is the best weapon to defend us against these liars. If it sounds too good to be true, and when you ask for the hard evidence its always obfuscated by some excuse, then it's most likely bs.

  • Mohammed Arif Sultan Ahmed Mistry
    Mohammed Arif Sultan Ahmed Mistry11 วันที่ผ่านมา

    Theranos disaster proves that anyone can scam anyone with intelligent marketing

  • ItsLordJoshua
    ItsLordJoshua22 วันที่ผ่านมา

    This to me was unrealistic from the beginning.

  • Dimples D
    Dimples D9 วันที่ผ่านมา

    And if this goes the way it does for rich folks she won’t spend one day in jail 🤬

  • TheVryfst
    TheVryfst11 วันที่ผ่านมา

    One month in a college biology lab class would tell you that it was all BS.

  • Tim Ames
    Tim Ames15 วันที่ผ่านมา

    I would love to see and hear the reply Holmes gave to Dr Stephen Master. Does anyone have a link?

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