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The Dropout

Author: ABC News

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Money. Romance. Tragedy. Deception. The story of Elizabeth Holmes and Theranos is an unbelievable tale of ambition and fame gone terribly wrong. How did the world's youngest self-made female billionaire lose it all in the blink of an eye? How did the woman once heralded as "the next Steve Jobs" find herself facing criminal charges -- to which she pleaded not guilty -- and up to 20 years in jail? How did her technology, meant to revolutionize healthcare, potentially put millions of patients at risk? And how did so many smart people get it so wrong along the way? ABC News chief business, technology and economics correspondent Rebecca Jarvis, along with producers Taylor Dunn and Victoria Thompson, take listeners on a journey that includes a three-year-long investigation. You'll hear exclusive interviews with former employees, investors, and patients, and for the first-time, the never-before-aired deposition testimony of Elizabeth Holmes, and those at the center of this story.
7 Episodes
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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.
Myth-Making

Myth-Making

2019-01-2346:176

On the premiere episode of The Dropout, you'll meet a young Elizabeth Holmes. Convinced of her own destiny even as a young child, she would come to drop out of Stanford in her late teens, intending to mold herself after the great tech icons of our time. Her obsession with Steve Jobs -- down to his signature black turtlenecks -- would become particularly pronounced as she launched her company Theranos. Support this podcast with a review: http://bit.ly/2REHEs9 ==================== Recommended listening: -- No Limits with Rebecca Jarvis: Rebecca speaks to bold and influential women about their paths to success, their choices and tradeoffs along the way, and their pitfalls and lessons learned. Conversations focus on practical advice and never-before-shared wisdom from across industries. Plus, Rebecca always asks her signature question "What's the worst advice you've ever received?" Apple Podcasts: http://abcn.ws/nolimits | Google Podcasts: http://bit.ly/2Uc8Dbo -- Start Here: The daily 20-minute news podcast from ABC News. Apple Podcasts: https://apple.co/2pvq8Ws | Google Podcasts: http://bit.ly/2JZSK70 -- Nightline: Listen to full episodes of ABC News' award-winning late-night news program. Apple Podcasts: https://apple.co/2Dq57Ew | Google Podcasts: http://bit.ly/2HEg7mb ==================== The Dropout is produced by Rebecca Jarvis, Victoria Thompson, and Taylor Dunn and is a product of ABC News Nightline & ABC Radio. More info: http://www.abcnewspodcasts.com
The Enforcer

The Enforcer

2019-01-3039:194

Elizabeth brings on an unexpected character as her right-hand man at Theranos and it turns out they are hiding a big secret. They strike a monumental deal with Walgreens that could potentially put millions of lives at risk while insiders say a culture of fear and intimidation at the company leads to incredible tragedy. Support this podcast with a review: http://bit.ly/2REHEs9 ==================== Recommended listening: -- No Limits with Rebecca Jarvis: Rebecca speaks to bold and influential women about their paths to success, their choices and tradeoffs along the way, and their pitfalls and lessons learned. Conversations focus on practical advice and never-before-shared wisdom from across industries. Plus, Rebecca always asks her signature question "What's the worst advice you've ever received?" Apple Podcasts: http://abcn.ws/nolimits | Google Podcasts: http://bit.ly/2Uc8Dbo -- Start Here: The daily 20-minute news podcast from ABC News. Apple Podcasts: https://apple.co/2pvq8Ws | Google Podcasts: http://bit.ly/2JZSK70 -- Nightline: Listen to full episodes of ABC News' award-winning late-night news program. Apple Podcasts: https://apple.co/2Dq57Ew | Google Podcasts: http://bit.ly/2HEg7mb ==================== The Dropout is produced by Rebecca Jarvis, Victoria Thompson, and Taylor Dunn and is a product of ABC News Nightline & ABC Radio. More info: http://www.abcnewspodcasts.com
A Star is Born

A Star is Born

2019-02-0642:262

Elizabeth becomes a celebrity as Theranos breaks out of stealth mode and onto the main stage. The media can't get enough, and neither can many investors as Theranos Wellness Centers start popping up at Walgreens. To take advantage of the moment, Elizabeth spends millions on advertising, recruiting the same agency as Apple and even an Oscar-winning director. But real patients are now getting Theranos tests, and for some the results are shocking. Support this podcast with a review: http://bit.ly/2REHEs9 ==================== Recommended listening: -- No Limits with Rebecca Jarvis: Rebecca speaks to bold and influential women about their paths to success, their choices and tradeoffs along the way, and their pitfalls and lessons learned. Conversations focus on practical advice and never-before-shared wisdom from across industries. Plus, Rebecca always asks her signature question "What's the worst advice you've ever received?" Apple Podcasts: http://abcn.ws/nolimits | Google Podcasts: http://bit.ly/2Uc8Dbo -- Start Here: The daily 20-minute news podcast from ABC News. Apple Podcasts: https://apple.co/2pvq8Ws | Google Podcasts: http://bit.ly/2JZSK70 -- Nightline: Listen to full episodes of ABC News' award-winning late-night news program. Apple Podcasts: https://apple.co/2Dq57Ew | Google Podcasts: http://bit.ly/2HEg7mb ==================== The Dropout is produced by Rebecca Jarvis, Victoria Thompson, and Taylor Dunn and is a product of ABC News Nightline & ABC Radio. More info: http://www.abcnewspodcasts.com
The Whistleblower

The Whistleblower

2019-02-1343:321

With Theranos technology now being used by real customers, many employees are at a breaking point. They are horrified by what they believe to be widespread deception and dangerous practices, but Theranos has implemented increasingly extreme measures to stop them from speaking out. As the threat of litigation lingers, one brave and unlikely whistleblower, with close ties to Elizabeth Holmes and the board of directors, emerges. Support this podcast with a review: http://bit.ly/2REHEs9 ==================== Recommended listening: -- No Limits with Rebecca Jarvis: Rebecca speaks to bold and influential women about their paths to success, their choices and tradeoffs along the way, and their pitfalls and lessons learned. Conversations focus on practical advice and never-before-shared wisdom from across industries. Plus, Rebecca always asks her signature question "What's the worst advice you've ever received?" Apple Podcasts: http://abcn.ws/nolimits | Google Podcasts: http://bit.ly/2Uc8Dbo -- Start Here: The daily 20-minute news podcast from ABC News. Apple Podcasts: https://apple.co/2pvq8Ws | Google Podcasts: http://bit.ly/2JZSK70 -- Nightline: Listen to full episodes of ABC News' award-winning late-night news program. Apple Podcasts: https://apple.co/2Dq57Ew | Google Podcasts: http://bit.ly/2HEg7mb ==================== The Dropout is produced by Rebecca Jarvis, Victoria Thompson, and Taylor Dunn and is a product of ABC News Nightline & ABC Radio. More info: http://www.abcnewspodcasts.com
The Downfall

The Downfall

2019-02-2041:242

Elizabeth Holmes, once the darling of Silicon Valley, is under a different kind of spotlight. Now under investigation by the Securities and Exchange Commission, she is forced to answer tough questions under oath. The claims that Elizabeth had been repeating over and over again to the public, investors, doctors and her board are under fire; the woman who once had all the answers, suddenly seems to have none. And for the first time, the lawyer for former Theranos COO, Sunny Balwani, speaks out, providing a glimpse into his defense. Support this podcast with a review: http://bit.ly/2REHEs9 ==================== Recommended listening: -- No Limits with Rebecca Jarvis: Rebecca speaks to bold and influential women about their paths to success, their choices and tradeoffs along the way, and their pitfalls and lessons learned. Conversations focus on practical advice and never-before-shared wisdom from across industries. Plus, Rebecca always asks her signature question "What's the worst advice you've ever received?" Apple Podcasts: http://abcn.ws/nolimits | Google Podcasts: http://bit.ly/2Uc8Dbo -- Start Here: The daily 20-minute news podcast from ABC News. Apple Podcasts: https://apple.co/2pvq8Ws | Google Podcasts: http://bit.ly/2JZSK70 -- Nightline: Listen to full episodes of ABC News' award-winning late-night news program. Apple Podcasts: https://apple.co/2Dq57Ew | Google Podcasts: http://bit.ly/2HEg7mb ==================== The Dropout is produced by Rebecca Jarvis, Victoria Thompson, and Taylor Dunn and is a product of ABC News Nightline & ABC Radio. More info: http://www.abcnewspodcasts.com
What Now?

What Now?

2019-02-2738:082

As Elizabeth Holmes awaits a criminal trial, how is she spending her days? A former employee who had a chance encounter tells us some surprising new details about just that, while an old classmate emerges to share some insight into her past. Plus former U.S. Attorney for the Southern District of New York, Preet Bharara shares his analysis on Elizabeth's potential legal fate...and then there's Balto. Support this podcast with a review: http://bit.ly/2REHEs9 ==================== Recommended listening: -- No Limits with Rebecca Jarvis: Rebecca speaks to bold and influential women about their paths to success, their choices and tradeoffs along the way, and their pitfalls and lessons learned. Conversations focus on practical advice and never-before-shared wisdom from across industries. Plus, Rebecca always asks her signature question "What's the worst advice you've ever received?" Apple Podcasts: http://abcn.ws/nolimits | Google Podcasts: http://bit.ly/2Uc8Dbo -- Start Here: The daily 20-minute news podcast from ABC News. Apple Podcasts: https://apple.co/2pvq8Ws | Google Podcasts: http://bit.ly/2JZSK70 -- Nightline: Listen to full episodes of ABC News' award-winning late-night news program. Apple Podcasts: https://apple.co/2Dq57Ew | Google Podcasts: http://bit.ly/2HEg7mb ==================== The Dropout is produced by Rebecca Jarvis, Victoria Thompson, and Taylor Dunn and is a product of ABC News Nightline & ABC Radio. More info: http://www.abcnewspodcasts.com
Comments (176)

Sarella

To be continued.....

Oct 3rd
Reply

Sarella

Scam Scam scam

Aug 23rd
Reply

Sarella

Scam

Aug 20th
Reply

Sarella

Nice

Aug 12th
Reply

Docta Rhyf

nice podcast, enjoyed it

May 25th
Reply

Susan Fahy

Amazing

Mar 25th
Reply

A Galuszek

How appropriate she named her dog Balto!! This is the dog who just happened to draw the last leg of the "Mercy" race While Balto did participate and ran a 31 mile leg, the true hero was a dog named Togo who ran 300 miles nearly killing himself in the process. Leave it to her to name her dog after the animal that was primarily all hype and came from the imagination of the press.

Mar 24th
Reply (1)

Amanda May

Brainwashing and cult are words that come to mind with respect to the blind faith so many had in Elizabeth and her vision. Interesting that two employees refer to their compliance as drinking the cool ade.

Jan 17th
Reply

Santiago Jaramillo

Good podcast overall, but I think it’s a major miss that they never go into whether having blood tests based on a single drop of blood is even possible. An interview with a few biologists or medical professionals would have done that. Big omission, given that the whole premise of Theranos and the device is based on that.

Dec 1st
Reply (1)

Andrew Stimpson Gee

they should do an update with the trial that just happened

Nov 5th
Reply

Heather Paxton

Interesting podcast.

Sep 24th
Reply

Ricardo Sosa

Greed

Sep 14th
Reply

Kgosi Motlogelwa

Nonsense her fathers sense of entitlement = Elizabeths character which equals argh... She started a company told a lie, thought she could make up for it, couldn't.... Blah Blah. How many entrepreneurs do some devious thing for a while and get back on the right path and we never find out. How many entrepreneurs fail before any of this big stuff that happened to her happens. And now everyones a psychoanalyst. What if by some miracle she had succeeded what grand overarching profound story of her life would have been told.

Aug 26th
Reply

Chris Ryan

mills

Aug 17th
Reply

Beauregard Throckmorton

episode 1 is still broken. plays the trailer then skips to ep 2.

Aug 12th
Reply (2)

m a

episode 1 link seems broken. it jumps immediately to episode 2

Aug 7th
Reply (1)

Incredible Similarity

August 5, 2019 in case you're not aware, Elizabeth Holmes got married to some 27 year old wealthy male. He is an heir to a very successful hotel management family group. There, is an unfounded rumor that perhaps she could use his family money for her legal defense in the upcoming trial. Are you familiar with the expression a high-maintenance wife? Haha Just Google. "Elizabeth Holmes got married. What we know about 27 year old husband Billy Evans Business Insider." the article makes for a very interesting reading, to say the least. PEACE!

Aug 6th
Reply (2)

Ju

I think it is funny how "innocent" are all the employees. they are all against her behavior/action/moral now that the company is over but I don't think they were all full of morality when they were being well paid....

Aug 4th
Reply

Graeme Tucker

When Elizabeth Holmes' friend described her as always coming in last in races, but with a spirit of "never give up!" and then hearing at the end of the series that EH might be working on a new medical startup - I couldn't help but think of the Dr. Death podcast about Christopher Duntsch. That was how he was described by his young friends - that he had an almost absurd quality of not accepting defeat (like pathological). That was a heartbreaking story indeed. I don't know if they will find the evidence to support fraud in this case, but I genuinely hope she serves prison time. She seems to have no capacity to understand the ramifications of her actions. She needs a big wake up call.

Aug 3rd
Reply (1)

Ek Sutto

I am studying this in my Master's of raied course as an example of bad ethics but also as an example of a unicorn of a company that raised so much capital in the first few years - scary and concerning. Also can't help wondering if it will change how people view the term Blonde Ambition - she had tunnel vision that her company and product would succeed.

Jul 30th
Reply
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