The Aftermath of Elizabeth Holmes
Slate News
Slate Podcasts
4.5 • 6K Ratings
🗓️ 7 January 2022
⏱️ 24 minutes
🧾️ Download transcript
Summary
Elizabeth Holmes was found guilty of defrauding investors this week in federal court. The former CEO, wunderkind, and blood mogul has been the subject of intense legal interest and public fascination ever since her company, Theranos, was beset by scandal in 2015. Today on What Next: TBD we follow-up with Rebecca Jarvis, host of “The Dropout” podcast and ABC News Chief Business, Technology & Economics Correspondent. We dig into the verdict and ask if Silicon Valley will finally confront the elements of its culture that allowed Elizabeth Holmes and Theranos to run wild with investor’s money, and patient’s health. You can listen to “The Dropout: Elizabeth Holmes on Trial” now wherever you get your podcasts.
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Transcript
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| 0:00.0 | Honestly, Rebecca, how tired are you right now? |
| 0:08.6 | I've slept about two hours over the last two to three days, so I'm pretty tired, Lizzie. |
| 0:13.9 | Thank you for inquiring. |
| 0:16.6 | Rebecca is Rebecca Jarvis. |
| 0:19.0 | She's the host of the Dropout podcast, and ABC News is chief business, technology, and economics correspondent. And she's now spent years covering Elizabeth Holmes. Her spectacular rise, founding Theranos. |
| 0:32.4 | A health care pioneer is being compared to visionaries like Bill Gates and Steve Jobs this morning. Elizabeth Holmes. |
| 0:38.2 | And her incredibly public fall. |
| 0:40.4 | The verdict is in. |
| 0:41.7 | The disgraced Theranos founder and CEO found guilty. |
| 0:44.8 | That fall ended this week when Holmes was found guilty on four counts of fraud or conspiracy for misleading investors about Theranos' technology. |
| 0:53.5 | Does it feel strange at this point to have a verdict? |
| 0:57.3 | So much went into this. |
| 1:00.2 | You were following every single twist and turn of this trial. |
| 1:03.1 | How do you feel now? |
| 1:04.5 | It is. |
| 1:05.0 | It's a surreal thing to have spent so many years of my life following this story |
| 1:10.1 | and to have something of a conclusion. |
| 1:15.4 | The question now is what, if anything, Silicon Valley will take away from all of this? |
| 1:21.8 | It's easy for founders and investors to write Holmes off as a liar and an outlier. |
| 1:27.0 | But she didn't commit her crimes in a vacuum. |
| 1:30.0 | Today on the show, Silicon Valley saw what it wanted to see in Elizabeth Holmes. |
| 1:35.3 | So what does it do with the wreckage of her story? |
... |
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