meta_pixel
Tapesearch Logo
Log in
The Dropout

Trailer: The Rise and Fall of Elizabeth Holmes' Theranos

The Dropout

ABC News

True Crime

4.625.6K Ratings

🗓️ 15 January 2019

⏱️ 2 minutes

🧾️ Download transcript

Summary

The Dropout tells the story of the rise and fall of former Silicon Valley darling Elizabeth Holmes, the youngest self-made female billionaire. She dropped out of Stanford to launch her company Theranos -- claiming her technology could detect hundreds of diseases from a drop or two of blood. If it worked, she would have changed healthcare forever. But today, Elizabeth Holmes is under criminal indictment. She pleaded not guilty, but is facing up to 20 years in prison on wire fraud charges. So how did it all come crashing down? In exclusive interviews with former employees, investors and patients, and in and never-before-heard depositions from the people at the center of this story -- including Holmes herself -- you'll hear an unbelievable story of fame and ambition gone terribly wrong. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

This is the testimony of Elizabeth Holmes going on the record in San Francisco, California at 9 o'clock.

0:08.0

This is the story of the rise and fall of the world's youngest self-made female billionaire.

0:14.0

Did it concern you that a number of tests weren't working on Theronis' devices?

0:20.0

I know that we made mistakes.

0:24.0

Not so long ago, Stanford Dropout turned CEO Elizabeth Holmes was a rising star in Silicon Valley.

0:31.0

These tests detect dozens of medical conditions based on only a few drops of blood from my finger prick.

0:37.0

She was on Charlie Rose. She did CBS this morning.

0:40.0

At 19 years old Elizabeth Holmes dropped out of Stanford.

0:43.0

She did CNN, I mean on and on and on.

0:46.0

No one has ever seen a sear of the first one.

0:48.0

Wow.

0:49.0

Her company Theronis was poised to change healthcare forever.

0:53.0

If she had made this work, she would have been the next new jobs.

0:57.0

But today, Elizabeth Holmes is under criminal indictment.

1:00.0

She pleaded not guilty, but she's facing up to 20 years in prison if convicted.

1:05.0

So how did it happen?

1:07.0

It's a story of greed and it's a story of incredible deception.

1:12.0

In the dropout, we'll look at how Holmes initially won over everybody.

1:17.0

From investors to politicians to the media.

1:20.0

And we'll tell you how it all came crashing down through exclusive interviews and never before heard depositions.

1:26.0

To your knowledge, did Ms. Holmes know at the time she made those statements that Theronis could not do all those tests?

1:33.0

Yeah, she knew.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from ABC News, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of ABC News and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.