The Dropout

5. The Downfall

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Feb 20, 2019
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INSIGHT

Robertson's Belief and Compensation

  • Channing Robertson, another early supporter, remained a believer despite growing skepticism.
  • Reed Katherine, an attorney, suggested Robertson's substantial compensation might have influenced his position.
ANECDOTE

Holmes's Claims of Ignorance

  • During an SEC investigation, Elizabeth Holmes repeatedly claimed ignorance or lack of memory.
  • She used phrases like "I don't know," "I'm not sure," and "I don't remember" over 660 times.
ANECDOTE

Fortune Article Inaccuracies

  • The 2014 Fortune article, which significantly boosted Holmes's image, contained inaccuracies.
  • Holmes admitted under oath that the claim of Theranos offering 200+ tests without traditional methods was misleading.
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