The Elizabeth Holmes trial: Fraud, funding and a reckoning for Silicon Valley
On Point with Meghna Chakrabarti
WBUR
4.3 • 3.9K Ratings
🗓️ 12 January 2022
⏱️ 49 minutes
🧾️ Download transcript
Summary
Elizabeth Holmes became a tech billionaire through fraud. Now, she faces years in prison. Will Silicon Valley’s ‘fake it till you make it’ culture face an overall reckoning? Dr. Bijan Salehizadeh, Micah Rosenbloom and Kara Swisher join Meghna Chakrabarti.
Transcript
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| 0:35.3 | Black Turtle Necks, blonde hair, the world in the palm of her hand. |
| 0:40.9 | You've found that this company 12 years ago, right? |
| 0:43.4 | Tell them how old you were. |
| 0:45.0 | I was 19. |
| 0:49.0 | Don't worry about the future. We're in good hands. |
| 0:51.6 | Not only was former president Bill Clinton charmed by Elizabeth Holmes, |
| 0:56.2 | but by the time this Clinton Global Initiative conversation took place in 2015, |
| 1:00.3 | Holmes was the youngest billionaire in the world. |
| 1:03.8 | Sharing the stage with the likes of humanity's other tech power brokers, |
| 1:07.1 | such as Jack Ma, China's Ali Baba founder. |
| 1:11.1 | And why? |
| 1:12.6 | Well, Holmes seemed to be every bit the female Steve Jobs. |
| 1:17.7 | She dropped out of Stanford, founded a company at the tender age of 19, |
| 1:21.4 | and a company that promised to revolutionize health care. |
... |
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