John Carreyrou, "Bad Blood"

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  • Опубликовано: 22 дек 2024

Комментарии • 153

  • @KryzMasta
    @KryzMasta 5 лет назад +156

    The audience is asking very good questions.

  • @krobar999
    @krobar999 6 лет назад +396

    Great Book. Well told. I feel sort of bad for Tyler Shultz, trying to convince his grampa about what he saw going on at Theranos.

    • @thetruth4865
      @thetruth4865 6 лет назад +11

      not anymore....

    • @Well_hello_there_
      @Well_hello_there_ 6 лет назад +89

      Yeah it was REALLY frustrating that his grandpa didn't believe him. I loved the book. It's great all the way through, especially when it gets to the point where the author becomes part of the story himself. I'm glad he named all those attack dog lawyers that tried to intimidate him and the Wall Street Journal to no avail.

  • @Blog4Justice
    @Blog4Justice 5 лет назад +222

    Utterly compelling. The impressively literate audience really brought this to life too.

  • @charlesloomis2224
    @charlesloomis2224 5 лет назад +44

    Perhaps the last investigative journalist in modern journalism.

  • @vitola1111
    @vitola1111 5 лет назад +101

    A bunch of old men with big egos who were unable to admit they were bamboozled.

  • @nicolletesand2205
    @nicolletesand2205 5 лет назад +69

    51:00 - A woman in her late 50s- 60s says (with confidence) "I don't see how money is a big motivation for them .." She is referring to the board members such as Henry Kissinger, George Schultz, etc. Is she for real???? Of course their main motivation is money. There is no such thing as having enough money. Money = power. All those men have huge egos. Money feeds their ego. If they didn't have $$, they would be just another AARP member. Come on, Lady.

  • @minhdo3482
    @minhdo3482 5 лет назад +98

    Imagine wat would happen if Elizabeth Holmes was able to convince Rupert Murdoch to kill the story. Things wouldve been even worse than they r

  • @sarab6415
    @sarab6415 6 лет назад +78

    He is an excellent public speaker

  • @daisydd1709
    @daisydd1709 5 лет назад +85

    The army dude is the only sensible guy in the story.... the world needs more people like John Carreyrou. ironically, Elizabeth's dad chris was the VP of Enron, another big scandal

  • @pmcgee003
    @pmcgee003 6 лет назад +72

    The people there kind of said it, but *this* is where the phrase 'Thank you for your service' is warranted.

    • @czdaniel1
      @czdaniel1 6 лет назад +5

      There's a part that I described as:
      *This looks like a job for an Investigative Journalist!!*

  • @Xanadu2025
    @Xanadu2025 5 лет назад +542

    I think this journalist knows more about lab medicine than the fake CEO lady.

    • @LV-tx7rx
      @LV-tx7rx 5 лет назад +32

      My 4 year old nephew knows more about lab medicine than Holmes!

  • @ambedex
    @ambedex 6 лет назад +178

    Tyler Shultz is golden.

  • @ruthfhunt2613
    @ruthfhunt2613 6 лет назад +162

    Now read Bad Blood, and easily my book of the year. Reads like a sophisticated, heart-pounding thriller, that builds and builds until the very last line.

  • @Slarti
    @Slarti 6 лет назад +135

    As a software developer in silicon fen(Cambridge UK) I am not surprised at this.
    I have worked across a number of industries including genetics and scientific research.
    I have also been involved in new religion/spiritual movement.
    So I have got to seen how people behave when it comes to power, science and belief.
    As humans we are very much wired to communicate and live in a hierarchy.
    This means that we have a tendency to be easily manipulated by people who have less than honourable intentions.
    I have even been a whistle blower(not at Theranos) and after a campaign of hate was directed to me I gave in and found a new job - the company I was the whistle blower at failed a few years after I left, largely because of what I was trying to bring to light.
    It takes a lot of guts and strength to stand up to all the power of the mob when you are one of the only people seeing what is going on.
    Only Carreyrou was able to do this because he is an outsider as well as having great strength and integrity.

  • @otislynnreeves9882
    @otislynnreeves9882 6 лет назад +97

    Excellent reporting & journalism!!!! The book is very well written, easy to read and comprehend even the complex & scientific elements.

  • @Vid7872
    @Vid7872 6 лет назад +72

    This is what you get when parents instill too much self-confidence.

  • @m.burgesszbikowski8049
    @m.burgesszbikowski8049 5 лет назад +70

    Large blue eyed, deep voiced blond girl, cons elder high power Leaders out of their support and money. Greek Drama!

  • @lhia0416
    @lhia0416 5 лет назад +44

    Older men beguiled by a young woman. Really, is it that hard to make the connection?

  • @bpetersson5024
    @bpetersson5024 6 лет назад +31

    Great work! What baffles me is the lack of due diligence or simple questioning of the claims! When I first read about this story in 2013 a red flag went up immediately, and I am not in the medical device business. The fact that they refused to disclose independent test results, or didnt do any, said everything.. If its too good to be true.....

  • @adamselene9264
    @adamselene9264 5 лет назад +219

    "Apple didn't start with just an idea in mind, they had a working computer..." created entirely by Steve Wozniak, and not at all by Steve Jobs.

    • @linchen008
      @linchen008 5 лет назад +36

      That's the point. Maybe all those brilliant heros just thiefs that live of the behalf of real creates. Don't trust the nice and neat images.

    • @GrumpyMark
      @GrumpyMark 5 лет назад +23

      facebook

  • @laurieduncan4148
    @laurieduncan4148 5 лет назад +62

    An extraordinarily good read. I read the book as I was puzzled as to how a 19 year old dropout with no obvious skills was able to convince all sorts of high profile people to give her money, lots of it. Among them Rubert Murdoch who lost $100 million. I still dont get it

  • @JanelleReneeWells
    @JanelleReneeWells 5 лет назад +158

    The only people that clicked thumbs down on this video were Elizabeth Holmes & her brainwashed followers. 😂 But oh my gosh I've watched so many of this man's interviews & he is now my favorite journalist. 😊

  • @LV-tx7rx
    @LV-tx7rx 5 лет назад +30

    And now she is engaged to a younger very wealthy guy, what a surprise.

  • @dasGagaTier
    @dasGagaTier 6 лет назад +153

    One detail that makes this scandal particularly strange is that none of the involved persons seems to have expressed any regrets or remorse. Not only the main perpetrators: Elisabeth Holmes and Sunny Balwani, but also the many many that enabled them: Kissinger, Mattis, George Shultz, the Clintons, Boies etc. Nobody seems to have apologized for enabling and supporting fraudsters for many years and ignoring the many warning signs, especially George Shultz whose very own grandson Tyler was one of the main whistleblowers has a lot to apologize for. Yet I don't think he ever did.

  • @KJ-md2wj
    @KJ-md2wj 5 лет назад +37

    Modern version of the "empress has no clothes" tale.

  • @emaresea
    @emaresea 6 лет назад +60

    This isn't the first time FOMO has driven people to invest their money with a con artist.
    And it won't be the last.

  • @dllewiszz
    @dllewiszz 6 лет назад +25

    One of the best business books in decades. Very well written and edited - only a couple of split infinitives got past the copy editor, along with numerous uses of the word "issue" where "problem" was needed. Bravo!

  • @BeautifulThingBoutiq
    @BeautifulThingBoutiq 5 лет назад +13

    Great piece! Unfortunately, most attorneys behave like thugs, because they are immune in court if they threaten you with lawsuits, very ugly legal tactics. Our democracy is not perfect but hopefully will continue to involve for the better, it's in the hands of yours and mines...thank you so much for sharing this great video, it does not just tell the story of a fraud but it also reflects our modern social issues...thank you, John Carreyrou, for writing this great book!

  • @tartertime89
    @tartertime89 6 лет назад +24

    I decided to buy this book because I read one of the articles Pocket suggested. I'm so glad I did because as someone living outside the US, it's a good read.

  • @inventor-friendlyipservice7746
    @inventor-friendlyipservice7746 5 лет назад +23

    This book is outstanding. I still have a hard time believing this happened. Normally with invention-fraud its pretty apparent early on that the device doesn't work. If only Theranos had spent their effort making a good product, rather than making and sustaining this amazing cover-up. Surprising how long they made it last, how long they stretched it out.

  • @obsideon1343
    @obsideon1343 6 лет назад +91

    A fake company with a fake product suing a guy trying to piggy back on a fake idea with a fake patent.
    Only in America.

    • @sarahwilkens4535
      @sarahwilkens4535 6 лет назад +3

      It’s in the book, but early on. A family friend found out she was working on blood tests and immediately invented a bar code scan that would have forced Elizabeth to license the patent. The guy seems like a scumbag, but if the tech was legit (surprise: it wasn’t), the guy would have made a pile of money.

  • @senju31
    @senju31 5 лет назад +24

    Every Holmes need a Dr.Watson.

  • @MrRight1000
    @MrRight1000 6 лет назад +13

    Amazing courage! Thank you.

  • @theschnauz2138
    @theschnauz2138 5 лет назад +21

    If she had done what so many start ups do, have an idea, create a dubious prototype, pique the interest of a larger company and sell it on at a decent profit....we wouldn’t be talking about her at all. She went too big too soon and in doing so shone a light on the murky world of Silicon Valley and tech startups in general.

  • @joralemonvirgincreche
    @joralemonvirgincreche 5 лет назад +31

    Another irony is that her father used to be a VP at Enron!

    • @wolfumz
      @wolfumz 5 лет назад +9

      I feel like this little detail explains so much

    • @JoeHeine
      @JoeHeine 5 лет назад +4

      She is also part of the Fleischmann yeast family

  • @irgski
    @irgski 5 лет назад +21

    I’m glad all of these “smartest guys in the room” lost (at least) part of their shirts over this scam artist.

  • @Smokey66s
    @Smokey66s 5 лет назад +36

    Holmes obviously took Jodie Arias’s course on the “Art of Lying”.

  • @saucymauve
    @saucymauve 6 лет назад +12

    Excellent book!Can hardly wait til next year for the up coming movie.

  • @annalore5513
    @annalore5513 5 лет назад +21

    Im sorry but imo there is absolutely NOTHING attractive about her..2ndly it is incredibly obvious her voice is fake...i can do that in a nanosecond. Shes a pathetic excuse and got busted big time! Kudos to author for standing up to her and all others.

    • @LV-tx7rx
      @LV-tx7rx 5 лет назад +10

      I agree, she is not attractive at all, but to a 75-95 year old man, pretty much any 25-30 year old woman will be attractive.

  • @CaliforniaGirl-qk5kq
    @CaliforniaGirl-qk5kq 6 лет назад +6

    Everyone wanted to get really, really rich. That is reason for the failure. BTW - I was one of the customers that was using A1C testing in Walgreens. Also my doctors in Edinger Medical in Fountain Valley were using tool to find out what is A1C by pricking finger. Saddleback Hospital in Mission Viejo is still providing lipid panel results by using tool that uses blood from pricked finger.

  • @nicolletesand2205
    @nicolletesand2205 5 лет назад +19

    In interviews I've seen of Elizabeth, she seems inauthentic. She comes across as articulate and confident but she is not charming. These men were just stupid, and the fact that she was white and blonde.

  • @ruthfhunt2613
    @ruthfhunt2613 6 лет назад +16

    Must get this book.

  • @1912papa
    @1912papa 5 лет назад +19

    She was, is, a complete fake. Her fake voice is hilarious.

  • @dianaofmarkham
    @dianaofmarkham 6 лет назад +18

    Amazing 🙌 amazing 🙌 well written book. I can’t wait for the movie 🍿

  • @projectfortatjana
    @projectfortatjana 6 лет назад +46

    She called it Edison!!! OMG, we forgot who he was...a scammer

    • @ferociousgumby
      @ferociousgumby 6 лет назад +4

      Tesla would've been trendier

    • @projectfortatjana
      @projectfortatjana 6 лет назад +12

      I recently found out that Elon Musk is not original creator of Tesla Motors company.

  • @GradyBaby13
    @GradyBaby13 6 лет назад +27

    Our Secretary of Defense was involved in this.....interesting!

    • @czdaniel1
      @czdaniel1 6 лет назад +9

      Secretary of Education too!
      Betsy DeVos was like: Here! *Have a hundred-million dollars!!*

  • @melodymacken9788
    @melodymacken9788 5 лет назад +7

    Jeezus. What a witch. Thank goodness for this journalist. I certainly hope this witch gets justice dumped on her.

  • @daudimungai4975
    @daudimungai4975 6 лет назад +12

    I hear Jennifer Lawrence will play Elizabeth, for the first time in “based on a true story” movies, casting nailed it!

  • @azadzamil6062
    @azadzamil6062 6 лет назад +5

    great book! Thank you for such nice writings

  • @BKai714
    @BKai714 6 лет назад +47

    The only book I've read every page in many years.

    • @dwight4k
      @dwight4k 6 лет назад +7

      How do you normally read? This is a serious question. I'm curious.

    • @diaz5292
      @diaz5292 6 лет назад +16

      he normally reads every other page, depending on the day of the week and the month of the year. On Mondays Thursdays and Saturdays, he reads only every 7th page, starting with page 19. On Sundays and Fridays, he reads every 4th page, beginning again on page 19. On Saturdays and every day in the month of March and again in October, he reads every other page, as previously stated.

    • @BKai714
      @BKai714 6 лет назад +8

      Dwight Dunker There are many types of books. I've read many school textbooks and reference books for health providers that tend to be 6 inches thick. Even regular nonfiction or fiction books, I skip pages to finish quicker when I don't need useless details. And many books have countless pages of irrelevant information before and after the actual contents.

    • @prometheus5700
      @prometheus5700 6 лет назад +8

      I think Brian is saying not a lot of books can hold your attention to the very end. Happens to me too. Brainiacs.

  • @Pinakij
    @Pinakij 5 лет назад +13

    Just read the book, it could be one of the best books I've ever read

  • @NOLAMarathon2010
    @NOLAMarathon2010 6 лет назад +21

    8:00 or a little after... In all of the John Carreyrou videos that I've seen, this is the first time that he has mentioned the actual name of the "Pathologist from the Midwest": Adam Clapper, who works in Columbia Missouri and vicinity.

  • @czdaniel1
    @czdaniel1 6 лет назад +9

    @ 59:50 -- I am reminded of history lesson from OrganicChem-1: *be diplomatic with criticism.* Hermann Kolbe, starting in about 1840 was a fantastic chemist (If you ever synthesized something, you can thank Kolbe because his breakthrough experiments were so groundbreaking to his era that we needed to invent new verbs like synthesize to describe what he was doing). By the 1875 Van't Hoff _et al_ were starting their own breakthrough approach to chemistry, where they argue that we can potentially tell _with measurement & applied mathematics_ the arrangement and placement of specific atoms within molecules. Old respected Kolbe wrote a _critical review_ of Van't Hoff, and the last sentence in Kolbe's wiki-entry describes its impact: *_The violence of his language worked unfairly to limit his posthumous reputation_*
    Link to class lecture, Yale Organic Chem1, Lec25-- ruclips.net/video/Trr2QgIyRNY/видео.html
    One Guy got the Nobel Prize...
    The other got forgotten, except for that one time he criticized the new kid

  • @scottbaxendale323
    @scottbaxendale323 5 лет назад +8

    Ones and zeros (coding) has no real intrinsic value whereas health care is entirely intrinsic value.

  • @Truckngirl
    @Truckngirl 5 лет назад +7

    Why hasn't anyone brought up those old men could get hoodwinked by the likes of an attractive young blond? It worked for Anna Nicole Smith...

  • @LLittleLessons
    @LLittleLessons 5 лет назад +12

    Theramos story sounds like fiction. How could she get that far?

    • @JoeHeine
      @JoeHeine 5 лет назад +6

      Mercy Odhiambo Silicon Valley elite cultists. They are limousine leftists who are already filthy rich and delusional

  • @melvinmorales1349
    @melvinmorales1349 5 лет назад +26

    I wonder to what extend her sexual charm was a huge force in getting all those decision makers to be part of her company...

    • @LLittleLessons
      @LLittleLessons 5 лет назад +10

      Probably 100%.

    • @JoeHeine
      @JoeHeine 5 лет назад +2

      Mercy Odhiambo yep

    • @penjamin5037
      @penjamin5037 5 лет назад +2

      Her boy friend sunny was a huge investor so most of it.

    • @LV-tx7rx
      @LV-tx7rx 5 лет назад +7

      100%, I would actually questioned what was the extent of her relationship with all those older men. It is not like she was in love with a super attractive men, for her the end justifies the means.

  • @ferociousgumby
    @ferociousgumby 6 лет назад +10

    I'm really surprised he gives away this much of the book.

  • @Kal-wj5ig
    @Kal-wj5ig 6 лет назад +9

    hey just started reading the book again - wow what a compelling story of a super ego maniac young girl. Looking forward to seeing the movie. Is the movie project on its way ?

  • @aryrosh4344
    @aryrosh4344 5 лет назад +21

    I remind everyone that John Carreyrou is ALSO FRENCH 🇫🇷🇫🇷🇫🇷..

  • @zd1322
    @zd1322 6 лет назад +18

    Way to crush all those young female feminist dreams Carreyrou! Oh wait, that was Elizabeth Holmes... Don't let crooks get ya down girls!

  • @dm5129
    @dm5129 5 лет назад +10

    Started reading this book, all kinds of rich people backstabbing each other and lying in big business style.
    it is so typical American it makes me puke.

  • @AnnaMishel
    @AnnaMishel 5 лет назад +7

    How come the chemists that examined and allowed her patents didn’t pick up on it?

  • @brucec43
    @brucec43 6 лет назад +14

    Did they not cover the fact that these big names who invested were friends of her parents? That's why, and nothing else.

  • @bobjordan2552
    @bobjordan2552 5 лет назад +8

    I’m guessing he’s not a Trump supporter.

  • @crimony3054
    @crimony3054 5 лет назад +1

    It ought to work, especially now. Won't be funded anytime soon! Medical establishment won't touch it. Non-medical VC firms certainly won't.

  • @The22on
    @The22on 5 лет назад +7

    People always fall for con-artists. Just look at our... er... lol.
    Also, no one asked the author if Elizabeth had any EXPERTS working at her company. She had all the money she needed to recruit and employ as many experts in science, lab tests, chemistry, blood, etc. as she needed. I have a feeling that she didn't spend on R&D. Had she gotten together a team of 100 great scientists, she probably could have gotten a large part of her machine to work. It would be a blood "Manhattan Project". Steve Jobs hired only the very top people. He called they A players. He thought that B players dragged everyone down to their level.
    Maybe a person would have to do three or four finger sticks in a 24 hour period, but she might have enough blood. usually a person doesn't need 150 tests all at once. A person on blood thinners only has to do one or two tests. In short, she COULD have "faked it till she made it" if she had the brainpower and experience. I suspect that her problem was not an "unattainable vision", but rather a failure to put together a TEAM of Steve Wozniak types in all fields of blood testing. It could have worked, given a few years of research, patents, etc. She would have been a hero. I think her problem was fear that assembling a good team would reveal that her basic idea of a home testing blood machine would take over ten years. In Silicon Valley, ten years is like 100 dog years lol.

  • @Foxie635
    @Foxie635 5 лет назад +5

    Who came up with the 9 billion guesstimate? Lol

  • @kondition-kode-nine
    @kondition-kode-nine 5 лет назад +2

    Sounds like she was fronting SOMETHING!

  • @omegalaw8042
    @omegalaw8042 5 лет назад +2

    Thumb up before watching oh yeah yeah

  • @briandecker8403
    @briandecker8403 6 лет назад +28

    Tesla next John!

    • @jenisson159
      @jenisson159 6 лет назад +1

      Brian Decker Very likely this year.

  • @akim2442
    @akim2442 6 лет назад

    Biotech Nation interview link: player.fm/series/biotech-nation-radio-podcast/episode-18-26-unedited-2005-interview-with-elizabeth-holmes-recorded-at-kqed-in-san-francisco

  • @deepasinghal4729
    @deepasinghal4729 5 лет назад +7

    Great story and work but Sunny Balwani is a Pakistani, why call him Indian in his British edition book?? These are pretty basic details that cant be hidden and verifiable online/wiki.

    • @LV-tx7rx
      @LV-tx7rx 5 лет назад +19

      Well, he was born in Pakistan but to an Indian family and soon after he was born they moved back to India. So his blood is Indian, just happened that he was born in Pakistan but lived there for only a little bit

  • @billthegenericguy
    @billthegenericguy 6 лет назад +27

    If she stays out of jail I predict Holmes will be Trump's running mate in 2020.

    • @GreenTeaViewer
      @GreenTeaViewer 6 лет назад +15

      except she's a liberal

    • @alejandrogarcia-puente6948
      @alejandrogarcia-puente6948 6 лет назад +15

      She campaigned for Hillary

    • @Julie-7605
      @Julie-7605 6 лет назад +5

      magicwheel1 So was Trump, lol.

    • @kevinkaczmarek2810
      @kevinkaczmarek2810 6 лет назад +21

      Why do we have to throw Trump into everything. There is so much to this story and you cheapen it with a dumb comment like that. Leave the politics out. This is the most fascinating fraud story since Madoff and Enron and its still unfolding before our eyes

    • @prometheus5700
      @prometheus5700 6 лет назад +1

      I think he already picked Joy Reid. She knows how to lie real good

  • @jamesberlo4298
    @jamesberlo4298 6 лет назад +5

    I like how he concludes by saying the FDA under President Trump has "unfortunately" removed the proposed regulations by Obama. Thankfully he did because it was regulating people to guaranteed suffering and death by taking not a year or two but up to 15 years or more to get approval for new Technology , methods and Practices along with new Medicines, one time Premier Agencies like the CDC & NIOSH have become so ponderous , political and even corrupted. Trump also passed a Right to Try order for those who are suffering and will Die that will expedite any Medication or Procedure.

  • @marthaoviedo8680
    @marthaoviedo8680 5 лет назад +3

    I am not going to buy the book. This man already explained everything about the case !

  • @ruiplas
    @ruiplas 5 лет назад +11

    Why did so many people trust a blondie ?

  • @RosannaMiller
    @RosannaMiller 5 лет назад +4

    There is something odd in his testimony. He claims that there are rarely any situations where someone knows or comes up with medical ideas without a degree. That's b.s. A simple Google search would prove that.
    Don't get me wrong, I think she is a charlatan. But he states it as being the reason he was skeptical of her.

  • @alejandrogarcia-puente6948
    @alejandrogarcia-puente6948 6 лет назад +3

    Jesús christ this guy is doing some hardcore marketing

    • @obsideon1343
      @obsideon1343 6 лет назад +28

      It's a book tour.
      That's like saying these guys are speeding at Indy.

    • @ferociousgumby
      @ferociousgumby 6 лет назад +9

      Dear sir or madam, would you read my book. It took me years to write, will you take a look.

  • @guangxidavidliu
    @guangxidavidliu 5 лет назад +6

    Please do NOT kick a dead dog. She had a dream, and worked hard on it. The dream became nightmares, but still beat the most others doing nothing with their lives. Does any poor lose money on this ordeal? Just those filthy riches lost some money which they will never need and care which again won't change a bit of their life style. But, as technology advances, her dream will come true.

  • @camerado
    @camerado 6 лет назад +3

    Behold the noticeable whiffs of jealousy and subtle passive-aggressive behavior on the part of John Carreyrou towards Elizabeth Holmes. It's as if he had a personal vendetta against her for some reason, and needed to justify his 'three and a half years of research' via a an ostensible brushstroke of public heroism (i.e., saving the public from the dangerous and faulty tests). Was he dissed or blown off by Elizabeth and Theranos when asked to do an interview, or some other ego bruising deflection? In any case, this seems to be the partial fruit: his own 'woman scorned' routine. Though he's a man.... very interesting dynamic in any case.

    • @alejandrogarcia-puente6948
      @alejandrogarcia-puente6948 6 лет назад +1

      CAMERADO I thought it was only me

    • @thomascarey3670
      @thomascarey3670 6 лет назад +48

      Read the book. He used basic journalistic methods to pursue a story.

    • @Julie-7605
      @Julie-7605 6 лет назад +53

      CAMERADO Hi Elizabeth!

    • @TheEvilQueenHasSpoken
      @TheEvilQueenHasSpoken 6 лет назад +52

      The fact that the US Attorney's Office filed charges validates Carreyrou, his motives and his reporting. Holmes and Theranos was a BIG CON that needed to be exposed.

    • @Well_hello_there_
      @Well_hello_there_ 6 лет назад +53

      Behold the dipshit projecting motives onto him with no evidence. He's an investigative reporter who has won a pulitzer for writing about healthcare related issues. Having theranos go live at Walgreens locations when she knew the technology was nowhere near being ready literally put peoples lives in danger. Try looking into this a little more and you'll realize what an idiot you sound like with your half-assed attempt at ascribing bad motives to him. Did I mention you're a dipshit?