Thank you, that is helpful. From the other PPs posts, I thought they meant that they were still taking the drop of blood and using the Seimens. But really the drop was irrelevant and it was always the vial that was needed. I still can’t believe she was only convicted of 4 counts and it was related to money. |
Not the PP, but I think in some instances they were taking a drop and diluting it to create a larger sample to run through the Siemens machines. |
I don't believe she ever had anything other than the idea. With her first cohort of scientists, the promise was, "I'll get the funding to develop this." The most relevant breakthrough was microfluidics, but she had nothing specific to blood testing. |
| I still can’t believe she was found not guilty on the charges related to the patients. |
She attached her name to all of Ian Gibbons’ patents but she actually did no work on them. They were all Ian’s work. And he knew exactly the limitations of those patents and how they were not ready for prime time. When he tried to tell her they didn’t work well enough to go in Walgreens, she demoted him to a glorified HR person and stripped him of his lab role. He killed himself the day before his deposition to testify on how they didn’t work for what she intended. |
The impression I get from the show (and I listened to the podcast and saw the HBO show, but long ago), was that her credibility was a house of cards that started with her using her little bit of knowledge and charm to get in on that chem lab at Stanford, then when she had her idea, she used her relationships there to start Theranos. Then the Stanford people's involvement in her company gave credibility to initial investors, which gave credibility to big tech names, high profile investors, and so on. IOW, she used every relationship/investment/PR bit to snag the next bigger/higher profile thing. It's really pretty breathtaking when you see it all laid out. |
Nothing. They had nothing. She knew they had nothing and hoped they'd come up with something. |
+1 The thing the show is reminding me of is how much of it was a snowball effect, and how part of the problem was that her detractors all seem to have other reasons to criticize her that made people not take them seriously. The guy suing her was clearly angry with her family and had a personal agenda. Dr. Gardner (unfairly) was viewed as jealous of Elizabeth's early success and youth. Everyone at Theranos who started making noise about issues was viewed as a an angry ex-employee with a bone to pick. No one had credibility next to Elizabeth, especially with the backing of people like Larry Ellison. People just assumed that these big investors MUST know it was legitimate or they wouldn't have poured so much money in. You even saw it in the last episode with David Boies. It's not like that guy only chooses winners, but his whole career is his reputation and so much of it is based on being on the "right" side of these big cases, like his big 1st Amendment cases or Supreme Court advocacy. He's also a very smart person. It's just hard to imagine that he didn't suspect something was very amiss at Theranos when he started working with them, but you have to wonder how much of it was that he was taken in by Elizabeth or just the aura of importance around her and the company. It's very embarrassing for a lot of these people. It really feels like there should be more consequences for the people who helped her get away with this for so long by simply not doing their due diligence, perhaps being persuaded to think of her as a daughter or granddaughter and protect her in a way that was not merited. |
His story, plus those of some of the patients who were really directly harmed by the con they pulled, is what pushes me over the edge. Like if people die thanks to your stupid business con, you're no longer a white collar criminal anymore -- you are culpable. If I were Ian's family I'd never let this go. It's really devastating to me that he was ever put in that position and that he wound up dying as a result. I know he was sick but it's no excuse. There is just no excuse for what they did. |
That's right, I forgot about that detail. They tried a bunch of different stuff in order to try and maintain that "one drop" promise, though eventually they even gave up on that because it was so obviously untenable. |
I agree. |
I had the same thought about this being elizabeth’s “invention” in the same way 9 year olds “invent” magnetic levitating shoes or whatever. |
Totally agree. |
Even though I'm horrified by what she did, I don't agree. Sometimes inventions really do start by someone saying, in an almost childlike way, "what if there was a better way to do this?" Like the telephone or the internet also probably sound like the fantasies of a 9 year old at some time. My issue with her is that once she had the idea, she talked to experts who told her it wasn't possible, and she very arrogantly didn't listen. If your 9 year old came up with this idea you might even think "hey, yeah, that would be great -- having your blood drawn is awful." But if you decided to pursue it, you'd talk to people who understand blood testing and if every single one of them told you "sounds great, people have tried, it's just very difficult/impossible to run most of these common blood tests on less than a certain amount of blood" would you then pitch it to venture capital and falsify a prototype result in order to start a multi-billion dollar company? No. It's not the "having an idea" part that is upsetting. It's all the other stuff. Lots of people have good ideas they can't get off the ground. That's... most ideas. |
Right that’s what I mean/she had an idea that might have been viable (like magnet shoes) but it turned out it wasn’t snd she acted (as did her ridiculous board) like she was Leonardo da Vinci meets Alexander graham bell |