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TED Talks Daily

Theranos, whistleblowing and speaking truth to power | Erika Cheung

TED Talks Daily

TED

Creativity, Business, Design, Inspiration, Society & Culture, Science, Technology, Education, Tech Demo, Ted Talks, Ted, Entertainment, Tedtalks

4.111.9K Ratings

🗓️ 10 November 2020

⏱️ 17 minutes

🧾️ Download transcript

Summary

In 2014, Erika Cheung made a discovery that would ultimately help bring down her employer, Theranos, as well as its founder, Elizabeth Holmes, who claimed to have invented technology that would transform medicine. The decision to become a whistleblower proved a hard lesson in figuring out how to do what's right in the face of both personal and professional obstacles. With candor and humility, Cheung shares her journey of speaking truth to power -- and offers a framework to encourage others to come forward and act in the service of all.

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Transcript

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0:00.0

I'm Elise Hugh. This is TED Talks Daily. It feels like ancient history now, but the scandal

0:09.1

surrounding Elizabeth Holmes and her startup, Theranos, was one of the biggest business frauds in Silicon Valley history.

0:16.3

Entrepreneur Erica Chung blew the whistle on the company. In her talk from TEDx Berkeley in 2020,

0:22.9

she takes us on her journey from stressed college student to how she trusted her gut and spoke

0:28.3

truth to power. But it asks a bigger question for all of us. How do we make it easier to speak

0:34.8

up about problems in our workplaces and institutions?

0:40.2

So I had graduated seven years ago from Berkeley with a dual degree in molecular and cell biology

0:47.1

and linguistics. And I had gone to a career fair here on campus where I'd gotten an interview

0:53.0

with a startup called Theranos.

0:56.1

And at the time, there wasn't really that much information about the company, but the little

1:00.9

that was there was really impressive. Essentially, what the company was doing was creating a medical

1:07.5

device where you would be able to run your entire blood panel on a

1:13.6

finger stick of blood. So you wouldn't have to get a big needle stuck in your harm in order to get

1:18.6

your blood test done. So this was interesting not only because it was less painful, but also

1:24.7

it could potentially open the door to predictive diagnostics.

1:29.3

If you had a device that allowed for more frequent and continuous diagnosis,

1:35.1

potentially you could diagnose disease before someone got sick.

1:41.2

And this was confirmed in an interview that the founder, Elizabeth Holmes, had said

1:46.0

in the Wall Street Journal, you know, the reality within our healthcare system today is that when

1:50.6

someone you care about gets really sick, by the time you found out, it's too late to do anything

1:55.8

about it, and it's heartbreaking. This was a moonshot that I really wanted to be a part of,

2:00.6

and I really wanted to help build.

...

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