It was the stuff of Silicon Valley dreams. Elizabeth Holmes dropped out of Stanford University to launch the blood testing disruptor Theranos and built it to a $9 billion valuation. But the tech adage “fake it until you make it” didn’t quite work for this medical device startup, and charges that the devices didn’t work mounted. Holmes and Ramesh Balwani, her onetime business and romantic partner, were indicted with 12 counts of wire fraud and conspiracy to commit wire fraud. In this episode, Stanford Law School Professor Robert Weisberg, a criminal law expert, discusses the trial, which began in September, the prosecution, the defense, and the larger implications of the case. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
for information about our collection and use of personal data for
advertising.

It was the stuff of Silicon Valley dreams. Elizabeth Holmes dropped out of Stanford University to launch the blood testing disruptor Theranos and built it to a $9 billion valuation. But the tech adage “fake it until you make it” didn’t quite work for this medical device startup, and charges that the devices didn’t work mounted. Holmes and Ramesh Balwani, her onetime business and romantic partner, were indicted with 12 counts of wire fraud and conspiracy to commit wire fraud. In this episode, Stanford Law School Professor Robert Weisberg, a criminal law expert, discusses the trial, which began in September, the prosecution, the defense, and the larger implications of the case. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Fake it Until You Make It? The Fall of Theranos and the Trial of Elizabeth Holmes

Law touches most aspects of life. Here to help make sense of it is the Stanford Legal podcast, where we look at the cases, questions, conflicts, and legal stories that 
affect us all every day. 
Stanford Legal launched in 2017 as a radio show on Sirius XM. We’re now a standalone podcast and we’re back after taking some time away, so don’t forget to subscribe or follow this feed. That way you’ll have access to new episodes as soon as they’re available.
We know that the law can be complicated. In past episodes we discussed a broad range of topics from the legal rights of someone in a conservatorship like Britney Spears to the Supreme Court’s abortion decision to how American law firms had to untangle their Russian businesses after the invasion of Ukraine. Past episodes are still available in our back catalog of episodes.
In future shows, we’ll bring on experts to help make sense of things like machine learning and developments in the regulation of artificial intelligence, how the states draw voting maps, and ways that the Supreme Court’s affirmative action ruling will change college admissions.

Our co-hosts know a bit about these topics because it’s their life’s work.
Pam Karlan studies and teaches what is known as the “law of democracy,”—the law that regulates voting, elections, and the political process. She served as a commissioner on the California Fair Political Practices Commission, an assistant counsel and cooperating attorney for the NAACP Legal Defense Fund, and (twice) as a Deputy Assistant Attorney General in the Civil Rights Division of the U.S. Department of Justice. She also co-directs Stanford’s Supreme Court Litigation Clinic, which represents real clients before the highest court in the country, working on important cases including representing Edith Windsor in the landmark marriage equality win and David Riley in a case where the Supreme Court held that the police generally can’t search digital information on a cell phone seized from an individual who has been arrested unless they first get a warrant. She has argued before the Court nine times.
And Rich Ford’s teaching and writing looks at the relationship between law and equality, cities and urban development, popular culture and everyday life. He teaches local government law, employment discrimination, and the often-misunderstood critical race theory. He studied with and advised governments around the world on questions of equality law, lectured at places like the Sorbonne in Paris on the relationship of law and popular culture, served as a commissioner for the San Francisco Housing Commission, and worked with cities on how to manage neighborhood change and volatile real estate markets. He writes about law and popular culture for lawyers, academics, and popular audiences. His latest book is Dress Codes: How the Laws of Fashion Made History, a legal history of the rules and laws that influence what we wear.
The law is personal for all of us—and pivotal. The landmark civil rights laws of the 1960s have made discrimination illegal but the consequences of the Jim Crow laws imposed after the civil war are still with us, reflected in racially segregated schools and neighborhoods and racial imbalances in our prisons and conflict between minority communities and police. Unequal gender roles and stereotypes still keep women from achieving equality in professional status and income. Laws barring gay people from marrying meant that millions lived lives of secrecy and shame. New technologies present new legal questions: should AI decide who gets hired or how long convicted criminals go to prison? What can we do about social media’s influence on our elections? Can Chat GPT get copyright in a novel?
Law matters. We hope you’ll listen to new episodes that will drop on Thursdays every two weeks.
To learn more, go to https://law.stanford.edu/stanford-legal-podcast/.

Society & Culture

News

Government

News Commentary

Law touches most aspects of life. Here to help make sense of it is the Stanford Legal podcast, where we look at the cases, questions, conflicts, and legal stories that affect us all every day. Stanford Legal launched in 2017 as a radio show on Sirius XM. We’re now a standalone podcast and we’re back after taking some time away, so don’t forget to subscribe or follow this feed. That way you’ll have access to new episodes as soon as they’re available. We know that the law can be complicated. In past episodes we discussed a broad range of topics from the legal rights of someone in a conservatorship like Britney Spears to the Supreme Court’s abortion decision to how American law firms had to untangle their Russian businesses after the invasion of Ukraine. Past episodes are still available in our back catalog of episodes. In future shows, we’ll bring on experts to help make sense of things like machine learning and developments in the regulation of artificial intelligence, how the states draw voting maps, and ways that the Supreme Court’s affirmative action ruling will change college admissions. Our co-hosts know a bit about these topics because it’s their life’s work. Pam Karlan studies and teaches what is known as the “law of democracy,”—the law that regulates voting, elections, and the political process. She served as a commissioner on the California Fair Political Practices Commission, an assistant counsel and cooperating attorney for the NAACP Legal Defense Fund, and (twice) as a Deputy Assistant Attorney General in the Civil Rights Division of the U.S. Department of Justice. She also co-directs Stanford’s Supreme Court Litigation Clinic, which represents real clients before the highest court in the country, working on important cases including representing Edith Windsor in the landmark marriage equality win and David Riley in a case where the Supreme Court held that the police generally can’t search digital information on a cell phone seized from an individual who has been arrested unless they first get a warrant. She has argued before the Court nine times. And Rich Ford’s teaching and writing looks at the relationship between law and equality, cities and urban development, popular culture and everyday life. He teaches local government law, employment discrimination, and the often-misunderstood critical race theory. He studied with and advised governments around the world on questions of equality law, lectured at places like the Sorbonne in Paris on the relationship of law and popular culture, served as a commissioner for the San Francisco Housing Commission, and worked with cities on how to manage neighborhood change and volatile real estate markets. He writes about law and popular culture for lawyers, academics, and popular audiences. His latest book is Dress Codes: How the Laws of Fashion Made History, a legal history of the rules and laws that influence what we wear. The law is personal for all of us—and pivotal. The landmark civil rights laws of the 1960s have made discrimination illegal but the consequences of the Jim Crow laws imposed after the civil war are still with us, reflected in racially segregated schools and neighborhoods and racial imbalances in our prisons and conflict between minority communities and police. Unequal gender roles and stereotypes still keep women from achieving equality in professional status and income. Laws barring gay people from marrying meant that millions lived lives of secrecy and shame. New technologies present new legal questions: should AI decide who gets hired or how long convicted criminals go to prison? What can we do about social media’s influence on our elections? Can Chat GPT get copyright in a novel? Law matters. We hope you’ll listen to new episodes that will drop on Thursdays every two weeks. To learn more, go to https://law.stanford.edu/stanford-legal-podcast/.

Share Fake it Until You Make It? The Fall of Theranos and the Trial of Elizabeth Holmes

Sign up to save your podcasts

Fake it Until You Make It? The Fall of Theranos and the Trial of Elizabeth Holmes

Fake it Until You Make It? The Fall of Theranos and the Trial of Elizabeth Holmes

More shows like Stanford Legal

The New Yorker Radio Hour

The Political Scene | The New Yorker

Amicus With Dahlia Lithwick | Law, justice, and the courts

Bloomberg Law

U.S. Supreme Court Oral Arguments

We the People

The Lawfare Podcast

The Daily

What the Health? From KFF Health News

Stay Tuned with Preet

Strict Scrutiny

The Ezra Klein Show

The Counsel

Divided Argument

The Just Security Podcast

The Future of Everything