Elizabeth Holmes said a single drop of blood could run dozens of lab tests in a few hours. Investors believed her. So did Walgreens, a board full of former cabinet secretaries, and Forbes, which named her the world’s youngest self-made billionaire.
But the technology never worked as promised.
Jonathan and Cooper trace how Theranos raised more than $700 million, and sent most patient samples to other companies’ analyzers.
They also cover how a pathologist’s blog, two young lab workers, and Wall Street Journal reporter John Carreyrou helped bring the company down.
The story was supposed to end with Holmes’s 2022 conviction and 11-year sentence. Then came You Can See Everything, the new A24 documentary from Nathan Fielder and Lance Oppenheim. Filmed inside Holmes’s home during the 34 days before she reported to prison.
Jonathan and Cooper ask what a film like this owes the patients and investors who still haven’t been paid back. Stay until the end to hear their reactions, recorded outside the theater on opening day in Los Angeles.
You can hear John Carreyrou’s full account of the case in Bad Blood, now on The Binge.
▶️ Listen to Bad Blood: The Final Chapter for the whole story on Elizabeth Holmes’ Theranos on Apple Podcasts or on Patreon.
❗For important links from this episode, check out our source material here.
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