Page 25 - Progressive Technology News Today

Little bit on a comment elizabeth made. you know, we are a very conservative company because we think that you should get things done before you talk about them, right? and thats the culture we have created. so, i just want all of you to remember that when we come to work every day, carry the sense of mission in your hearts every day. >> sonny was very successful in the late 90s with a tech company that sold for a lot of money. he seemed like a mark cuban to me in some ways, where he was in the ...

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As soon as she started talking, i did a double take. >> i first met elizabeth in my grandfathers living room, and he called and said he was going to have a brilliant woman over to have a discussion and he thought i would be interested, and i went to his house and it was me, my grandfather, and dianne feinstein was there as well. and elizabeth pitched her dream of revolutionizing the field. yeah, i was gung ho about theranos and i wanted to know what the technology was, and i asked in that meetin...

Effort if ãwe have a technology. >> what we discuss it more freely? >> because it is trade secret and you will not send an mba. >> is a really new technology? >> this is new technology is something that nobodys ever been able to do before. okay? theranos is doing it and unless its magic it is a new technology. >> that most of their blood tests were run on commercial analyzers, made by third-party companies. so i said, how could this even fall under the bucket of trade secrets if these arent eve...

>> comparing it to the other interviews i had with other tech companies in the bay area, it was different. they didnt tell me nearly as much about what they were doing. she never blinked during the interview. she did tell me about just the one drop of blood, and its a medical testing company. they dependant say anything about how it worked or what the technology was, they just said, you know, you will be working with consumables, which was kind of vague. >> how did they describe the project? >> ...

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With a new invention that promised to revolutionize blood testing, Elizabeth Holmes became the worlds youngest self-made billionaire, heralded as the next...

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>> with the walgreens rollout, the problems at theranos were magnified. instead of shutting down until the edisons could perform all the tests on the theranos menu, elizabeth and her team invented a work around, designed to create the illusion of a new technology. for most tests, they were forced to use venous blood, drawn with needles. but to keep elizabeths finger stick dream alive, theranos modified some of those machines so it would work with diluted capillary samples. and for a handful of p...

With a new invention that promised to revolutionize blood testing, Elizabeth Holmes became the worlds youngest self-made billionaire, heralded as the next...