Theranos: The Dropout

CHAPTERS:
0:00 — Cold Open
0:30 — Welcome + Network Shoutout
2:00 — Elizabeth Holmes: Background and Founding
8:00 — The Technology Claims: Edison and Nanotainer
14:00 — The Most Illustrious Board in History
20:00 — The Partnerships: Safeway and Walgreens
26:00 — The Cover-Up: Fake Labs and Silenced Scientists
32:00 — Ian Gibbons: The Tragic Story
38:00 — The Whistleblowers: Tyler Shultz and Erika Cheung
42:00 — John Carreyrou's Investigation
46:00 — The Fall: CMS Warnings and Collapse
50:00 — The Trial and Verdict
53:00 — Closing Lessons + Network Shoutout
55:00 — End / HustleStudios Radio 24/7

SOURCES:
Wikipedia: Theranos, Elizabeth Holmes, Ian Gibbons, Tyler Shultz
The Wall Street Journal: John Carreyrou investigative series (2015-2016)
Bad Blood: Secrets and Lies in a Silicon Valley Startup by John Carreyrou
Journal of Clinical Investigation: Theranos accuracy study (March 2016)
CMS inspection reports: Newark, California laboratory (2016)

MORE FROM HUSTLE STUDIOS:
Scam Nation: Investigating the biggest cons and frauds with detailed breakdowns — https://www.spreaker.com/show/scam-nation
Crypto Crime Files: The wildest cryptocurrency frauds and digital heists — https://www.spreaker.com/show/crypto-crime-files

Theranos: The Dropout — by HustleStudios

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WeWork was supposed to reinvent the office. Instead, it became the most expensive cautionary tale in Silicon Valley history. From a barefoot CEO who trademarked the word "We" and sold it back to his own company, to a forty-seven billion dollar valuation built on reclaimed wood and craft beer, this is the story of how Adam Neumann convinced the world's most sophisticated investors that a subleasing company was a technology platform — and how one S-1 filing blew it all apart.

CHAPTERS:
0:00 — The Cold Open
0:45 — Welcome and Show Introduction
1:30 — Adam Neumann: The Desert Kid from Beersheba
5:00 — GreenDesk and the Birth of WeWork
8:00 — The Coworking Empire Grows
12:00 — SoftBank and the Forty-Seven Billion Dollar Valuation
18:00 — The Trademark Deal: Selling "We" for Five Point Nine Million
22:00 — The S-1 Filing: The Document That Changed Everything
28:00 — The Resignation and the One Point Seven Billion Dollar Exit
35:00 — The Employees Pay the Price
38:00 — The Post-Neumann Struggle and COVID-19
42:00 — The SPAC Merger and the Slow Bleed
46:00 — Bankruptcy: Ten to Fifty Billion in Liabilities
50:00 — The Final Twist: Neumann Tries to Buy WeWork Back
52:00 — Six Lessons from the WeWork Story
55:00 — Network Shoutout and Closing




Become a supporter of this podcast: https://www.spreaker.com/podcast/corporate-carnage--7248479/support.

When ambition becomes deception and success begins to crumble, Corporate Carnage follows the evidence. Follow the podcast so you never miss a story of corporate fraud, business scandal, or entrepreneurial disaster.

If you enjoy the show and want to help us continue producing independent business and corporate true crime stories, you can support Corporate Carnage here:

https://www.spreaker.com/podcast/corporate-carnage--7248479/support

Your support helps us research, produce, and share more stories about the decisions, scandals, and failures that changed the business world.

Corporate Carnage is a HustleStudios Podcast Network production.

When businesses go bad. Corporate Carnage EP001.

Become a supporter of this podcast: https://www.spreaker.com/podcast/corporate-carnage--7248479/support.

When ambition becomes deception and success begins to crumble, Corporate Carnage follows the evidence. Follow the podcast so you never miss a story of corporate fraud, business scandal, or entrepreneurial disaster.

If you enjoy the show and want to help us continue producing independent business and corporate true crime stories, you can support Corporate Carnage here:

https://www.spreaker.com/podcast/corporate-carnage--7248479/support

Your support helps us research, produce, and share more stories about the decisions, scandals, and failures that changed the business world.

Corporate Carnage is a HustleStudios Podcast Network production.