Theranos’s groundbreaking proprietary technology promised to revolutionize healthcare with just a drop of blood from a finger prick. The company, led by its founder Elizabeth Holmes, would raise over $900 million and become a darling in the tech community. That is until a Wall Street Journal exposé revealed a scandal that astounded and paralyzed the entire VC and medical world, unraveling the $9 billion organization. Justin Maxwell, a former employee and one of the lead designers speaks about what makes an organization toxic and why the corporate culture within Theranos was the precise environment that allowed for the cover-up of secrecy, paranoia, and deception.
About The Great Fail Podcast
What makes greatness fail? How do some of the most successful brands, companies, ideas fall flat on their face? Welcome to The Great Fail, a podcast that examines and explores case studies of the most famous and infamous cases. Here we share stories that will irk you, shock you, and have you picking your jaw up from the floor. This isn’t your typical classroom lecture hall– the stories are delivered in a whodunit murder mystery because some of these incredible, and oftentimes avoidable, mistakes are truly a crime!
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