The Theranos Startup Story: From $9 Billion to $0 With Criminal Charges #scottsthoughts

Success Story with Scott D. Clary

Success Story Media

Business, Careers, Self-improvement, Education, Entrepreneurship

4.6 • 1.9K Ratings

🗓️ 24 September 2021

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

➡️ For More Episodes, Visit: https://successstorypodcast.com ➡️ Like The Show? Leave A Rating: https://ratethispodcast.com/successstory The dramatic improvements in medicine over the past hundred years have been one of the most defining factors of modern civilization. What used to be life-threatening diseases are now mild annoyances that we only wait out because of modern medicine. Undiagnosable diseases back then are now identifiable thanks to modern techniques and testing. This podcast will take a look at Theranos, a company that claimed to be able to revolutionize how blood testing is done. We will see how the company grew and how it ultimately crumbled because of its high claims. Tweet Me: https://twitter.com/scottdclary My Newsletter: https://newsletter.roioverload.com/subscribe Learn more about your ad choices. Visit podcastchoices.com/adchoices Our Sponsors: * Check out Factor: http://factor75.com Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

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0:00.0	So I haven't worked with a lot of wine or liquor or alcohol sponsors, but I'm very happy
0:05.1	that Justin Wines reached out. They wanted to work with me and sponsor the podcast. Whether
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0:31.9	Justin basically put Paso Robles region on the wine-making map. They thoughtfully produce
0:38.2	wines with boutique wine-making practices and it is the perfect gift for loved ones. Gifting
0:43.6	with Justin is effortless. You pick your wine, you select the box, you add a personal message,
0:48.7	and you leave the rest to them. You could be gifting yourself if you want to. I'm not holding
0:53.2	any judgment. Shop all of their exceptional wines at JustinWine.com and be sure to use promo code
0:59.6	success to receive 15% off your order today. Welcome to success story the most useful podcasts in
1:07.7	the world. I'm your host Scott D. Clary. The success story podcast is part of the HubSpot
1:12.7	podcast network. The HubSpot podcast network is the audio destination for business professionals
1:17.6	who seek the best education and inspiration on how to grow a business. HubSpot podcast network hosts
1:22.8	act as on-demand mentors to entrepreneurs, startups and scale-ups to practical tips and inspirational
1:28.1	stories. Listen, learn and grow with the HubSpot podcast network at HubSpot.com slash podcast
1:34.0	network. Today I am going to break down the story of Theranos. You've heard it in the news,
1:39.6	you've heard about Elizabeth Holmes, you've heard about the incredible growth and all the scandal
1:44.4	now you're going to hear from me. We're going to start off with the origin story, we're going to
1:47.6	speak about how they grew so quickly and then the rise and then the fall, the deceit and everything
	...

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