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Brushing Up On The Rise And Fall Of Theranos Before The Big Screen

2 min read

With the release of the new A24 documentary You Can See Everything, audiences are once again diving into the cinematic retelling of Elizabeth Holmes’ dramatic collapse. The film offers an intimate look at the former Silicon Valley darling, capturing footage from inside her home just days before she began serving her lengthy prison sentence. For those who haven’t followed every twist and turn of the saga since its peak, a bit of background reading might be necessary to fully appreciate the scale of the deception.

Journalists have spent years documenting the trajectory of Theranos, moving from the era when Holmes was hailed as a visionary unicorn founder to the moment her house of cards came crashing down. Many remember the tension surrounding events like the 2016 American Chemical Society meeting, where Holmes famously failed to produce any meaningful data despite promises to unveil the secrets behind her technology. At the time, critics questioned whether allowing someone who had so fundamentally misused science to speak at such forums was even appropriate.

The road from prestige to prison was paved with lawsuits and systemic failures. By 2022, Holmes was convicted of defrauding investors and handed a sentence of more than eleven years in federal prison. Even now, analysts continue to scrutinize her legacy and that of her partners, with recent reports highlighting suspicious similarities between her original fraudulent efforts and newer ventures in the diagnostics space. Following these archives provides essential context for anyone heading to the theater this weekend.