1 00:00:01,701 --> 00:00:06,389 Ready for recording. First hearing. 2 00:00:06,539 --> 00:00:09,559 This is Elizabeth Holmes' explanation, submitted 3 00:00:09,876 --> 00:00:15,523 in San Francisco, California, at nine o'clock, July 11, 2017. 4 00:00:16,091 --> 00:00:17,942 Miss Holmes, raise your right hand. 5 00:00:19,511 --> 00:00:22,123 You swear to tell the whole truth and only the truth? 6 00:00:22,263 --> 00:00:23,406 Yes. 7 00:00:23,556 --> 00:00:26,409 This is an investigation by the company Theranos Inc. SF 8 00:00:26,434 --> 00:00:28,537 to determine whether there have been violations 9 00:00:28,561 --> 00:00:30,663 of certain parts of the State Security Act. 10 00:00:30,772 --> 00:00:32,708 Are there reasons why they don't can deliver complete 11 00:00:32,732 --> 00:00:34,274 and truthful explanation today? 12 00:00:37,904 --> 00:00:39,167 What is the name of the company? 13 00:00:39,698 --> 00:00:42,468 - Theranos. - I thought it was Therah-nos. 14 00:00:42,492 --> 00:00:46,346 No, Theranos. It combines "therapy" and "diagnosis". 15 00:00:46,496 --> 00:00:48,598 Why not Theranosis? 16 00:00:49,499 --> 00:00:52,018 Because the name is Theranos. 17 00:00:52,919 --> 00:00:54,979 Can we cut out the part about the name? 18 00:00:56,214 --> 00:01:01,736 We have 500 employees and an estimated value of DKK 9 billion. dollars. 19 00:01:02,012 --> 00:01:03,072 Wow! 20 00:01:03,096 --> 00:01:08,118 We offer 200 of the most requested blood samples. And the best is 21 00:01:08,143 --> 00:01:11,788 "We don't use syringes." And then you continue... 22 00:01:11,813 --> 00:01:14,916 "We can run 70 analyses on a single drop of blood.” 23 00:01:15,608 --> 00:01:17,569 Would you describe these claims as true? 24 00:01:18,153 --> 00:01:21,422 Ok, a few quick questions. We call it the Manufacturer's Fif. 25 00:01:21,990 --> 00:01:26,886 So you are America's youngest self-made, female billionaire. 26 00:01:28,371 --> 00:01:29,806 It's pretty cool. 27 00:01:31,458 --> 00:01:32,684 Yes. 28 00:01:34,044 --> 00:01:36,813 If you are what you eat, so what are you 29 00:01:37,922 --> 00:01:39,315 Vegetable juice. 30 00:01:39,591 --> 00:01:41,818 Favorite place? 31 00:01:42,927 --> 00:01:44,195 My office. 32 00:01:45,972 --> 00:01:47,949 The best word to describe you? 33 00:01:54,272 --> 00:01:55,790 Purposeful. 34 00:02:08,203 --> 00:02:11,514 You don't have to run to the finish line. You can stop if you want. 35 00:02:11,956 --> 00:02:15,059 Whoa, whoa. You don't overdo it, before all runners have finished. 36 00:02:15,126 --> 00:02:16,352 OK? 37 00:02:22,509 --> 00:02:23,569 Why does she persist? 38 00:02:23,593 --> 00:02:25,528 Come on, Elizabeth! You are doing well. 39 00:02:26,262 --> 00:02:28,323 Why is she running so strangely? 40 00:02:34,437 --> 00:02:36,707 A pioneer in the field of healthcare, that are compared 41 00:02:36,731 --> 00:02:38,584 with people like Bill Gates and Steve Jobs. 42 00:02:38,608 --> 00:02:40,961 A revolutionary company, that can change the healthcare sector 43 00:02:40,985 --> 00:02:44,547 like Amazon changed retail and the Apple mobile phone. 44 00:02:44,572 --> 00:02:49,010 - That's how big it can get. - It is an intelligent, female leader 45 00:02:49,119 --> 00:02:51,471 which comes to to accomplish great things for the world. 46 00:02:51,746 --> 00:02:54,172 One has to hope it works. We all hope it works. 47 00:02:54,249 --> 00:02:56,226 They didn't just cheat the investors 48 00:02:56,334 --> 00:02:59,729 they cheated the media, they cheated thepatients 49 00:02:59,754 --> 00:03:00,897 they cheated the doctors. 50 00:03:00,922 --> 00:03:02,441 It was a medical scam. 51 00:03:02,465 --> 00:03:05,777 The lack of consideration for the patients' lives were unimaginable. 52 00:03:05,844 --> 00:03:09,447 This company caused harm to people. 53 00:03:13,935 --> 00:03:15,204 I'M BUSY 54 00:03:15,228 --> 00:03:16,871 Can you help? They stole my wallet. 55 00:03:22,152 --> 00:03:23,508 I don't want to hear it. 56 00:03:28,533 --> 00:03:30,401 Why are you listening? so strenuous music? 57 00:03:31,536 --> 00:03:34,305 Do you want to go home from school, or shall I drive you? 58 00:03:35,373 --> 00:03:36,599 You are a bitch. 59 00:03:39,085 --> 00:03:40,478 ...to get something done 60 00:03:40,628 --> 00:03:44,023 Oh, in a hurry, in a hurry. Until Life Ain't Fun 61 00:03:44,090 --> 00:03:45,358 It's a cool song. 62 00:03:45,550 --> 00:03:47,735 I don't want anything else than to live and die 63 00:03:48,219 --> 00:03:52,031 But I'm busy and don't know why 64 00:03:59,022 --> 00:04:00,248 Why is dad at home? 65 00:04:06,738 --> 00:04:10,633 The bankruptcy led to dismissal of 4,000 employees at Enron. 66 00:04:10,867 --> 00:04:14,762 Chris, Chris, the children are at home. 67 00:04:17,040 --> 00:04:18,599 Will you tell them? 68 00:04:21,586 --> 00:04:23,146 Your father has lost his job. 69 00:04:23,421 --> 00:04:28,276 Everyone has lost their jobs. The company has gone bankrupt. It's on TV. 70 00:04:29,260 --> 00:04:32,864 Many employees of Enron will lose more than their jobs. 71 00:04:34,515 --> 00:04:36,075 Who wants a snack? 72 00:04:38,519 --> 00:04:42,458 I don't want Snackwell's. Mother? No health cookies. 73 00:04:42,482 --> 00:04:43,588 We have nothing else. 74 00:04:44,734 --> 00:04:45,840 They lied to me... 75 00:04:46,694 --> 00:04:50,840 about everything. The whole company was a scam. 76 00:04:50,865 --> 00:04:51,967 Didn't you know? 77 00:04:51,991 --> 00:04:53,801 Do we have to move again? 78 00:04:53,868 --> 00:04:55,875 Not if your father asks Richard for help. 79 00:04:55,995 --> 00:04:57,909 I don't want to talk about it in front of the kids. 80 00:04:57,956 --> 00:05:01,434 Lorraine said he would help. You just have to call. 81 00:05:01,584 --> 00:05:05,563 She is your friend. I'm not asking your friend's husband for money. 82 00:05:05,713 --> 00:05:08,358 He is a stutterer he is a fraud, he is… 83 00:05:08,383 --> 00:05:09,832 But I don't want to move again. 84 00:05:14,931 --> 00:05:16,194 I'm not asking Richard. 85 00:05:16,391 --> 00:05:21,704 What a mess with Enron. I had seen it. 86 00:05:21,854 --> 00:05:24,832 I wish that I had too. 87 00:05:25,358 --> 00:05:29,962 Now to talk about something more cheerful: A quick response came from Stanford. 88 00:05:31,072 --> 00:05:32,178 You must be an heir. 89 00:05:32,407 --> 00:05:35,135 - No, I got a presidential scholarship. - We are so happy... 90 00:05:35,159 --> 00:05:39,263 It means that I am among the best 10 percent of those admitted. 91 00:05:40,748 --> 00:05:42,100 Well. 92 00:05:44,085 --> 00:05:47,273 - It doesn't make you shy. - Why should I have been? 93 00:05:47,297 --> 00:05:49,566 I don't know that. A presidential grant sounds like 94 00:05:49,590 --> 00:05:51,526 you will one day be president. 95 00:05:52,218 --> 00:05:56,197 I don't want to be president. I... I want to be a billionaire. 96 00:05:56,347 --> 00:05:57,740 Good then. 97 00:06:00,768 --> 00:06:02,537 - Is it cheese? - It's goat cheese. 98 00:06:02,770 --> 00:06:08,209 After all, it's not just about money. You must have a goal in life. 99 00:06:08,651 --> 00:06:11,295 She will study biomedical technology. 100 00:06:11,529 --> 00:06:14,173 There have been many doctors on my side of the family. 101 00:06:14,282 --> 00:06:19,137 First step is... Stanford. And then I have to finish my studies. 102 00:06:19,287 --> 00:06:22,849 Then the plan is to invent a product and start a company. 103 00:06:23,833 --> 00:06:26,978 I might know a little about that. 104 00:06:27,003 --> 00:06:29,605 Richard's company has hundreds of patents on medicine. 105 00:06:30,423 --> 00:06:31,859 He could give you some advice. 106 00:06:31,883 --> 00:06:36,696 But you don't just register patents to get money from other companies? 107 00:06:36,763 --> 00:06:40,451 No, it's not at all what Richard is doing. 108 00:06:40,475 --> 00:06:42,157 That's not how I would put it. 109 00:06:43,353 --> 00:06:46,372 The Medical Education Society, i started 110 00:06:47,440 --> 00:06:49,584 was sold for over DKK 50 million. dollars. 111 00:06:51,152 --> 00:06:53,671 But I can sense you think you are smarter than me. 112 00:07:07,460 --> 00:07:10,438 Does anyone want to see the renovation upstairs before dinner? 113 00:07:10,463 --> 00:07:11,482 Yes. 114 00:07:11,506 --> 00:07:13,399 One participant. Anyone else? 115 00:07:13,633 --> 00:07:16,403 Chris, maybe this is a good time to talk to Richard. 116 00:07:16,427 --> 00:07:19,823 Yes. Richard, can we go into the other room? 117 00:07:19,847 --> 00:07:20,990 How bad is it? 118 00:07:22,183 --> 00:07:25,286 It goes well enough. It should be fine. 119 00:07:25,436 --> 00:07:27,955 Lorraine says, You need help with the house. 120 00:07:28,147 --> 00:07:31,417 Richard, we'll have to wait to talk about that, until the children leave. 121 00:07:31,484 --> 00:07:35,796 Yes, come on, kids. Now you just need to see the panels. 122 00:07:39,117 --> 00:07:43,346 We haven't sold our old house. You can be there. 123 00:07:47,250 --> 00:07:49,560 I don't want to pressure you but i can help. 124 00:07:49,836 --> 00:07:51,229 Thanks. Yes. 125 00:08:11,482 --> 00:08:12,667 Sheep? 126 00:08:15,194 --> 00:08:16,364 I hadn't seen you. 127 00:08:17,238 --> 00:08:22,301 You shall not accept Richard's money. We don't need him. Sheep? 128 00:08:28,124 --> 00:08:32,562 Do you remember this one? You invented a time machine. 129 00:08:32,712 --> 00:08:36,190 I was seven years old. It's stupid. 130 00:08:38,468 --> 00:08:42,989 And look here. You wrote me a letter. See. 131 00:08:47,518 --> 00:08:54,125 “Dear Father, I will spend my life to discover something new. 132 00:08:55,318 --> 00:08:59,422 Something mankind did not believe was possible to do. 133 00:09:05,036 --> 00:09:06,971 Sorry, sorry. 134 00:09:09,040 --> 00:09:10,474 Excuse me. 135 00:10:25,700 --> 00:10:28,512 We just have to go some blood samples for the medical test. 136 00:10:28,536 --> 00:10:30,597 - Where are you going on summer vacation? - Beijing. 137 00:10:30,621 --> 00:10:33,015 She must lie down. Blood causes her to pass out. 138 00:10:33,082 --> 00:10:34,433 - Like me. - No. 139 00:10:34,959 --> 00:10:38,938 Here, eat some cakes, then I take a blood test. 140 00:10:42,425 --> 00:10:45,653 You have to do something about the hair roots. You look better with blonde hair. 141 00:10:45,803 --> 00:10:46,946 - Mother? - Yes? 142 00:10:49,348 --> 00:10:50,991 You should know that... 143 00:10:51,892 --> 00:10:54,537 I'm considering to become sexually active this summer. 144 00:10:54,604 --> 00:10:55,710 What? 145 00:11:02,486 --> 00:11:07,466 Is there a boy you know on the trip to Beijing? 146 00:11:07,575 --> 00:11:11,011 I haven't chosen anyone yet. But I will... do it 147 00:11:11,037 --> 00:11:13,723 before starting university. You must know that. 148 00:11:19,754 --> 00:11:21,188 Are you taking care of yourself? 149 00:11:21,631 --> 00:11:23,774 Of course. I will use condoms. 150 00:11:23,841 --> 00:11:28,946 No. I mean, use condoms. But it's not that. 151 00:11:31,265 --> 00:11:36,287 Boys don't behave always like gentlemen. 152 00:11:36,687 --> 00:11:42,543 So that's why you have to protect yourself… 153 00:11:43,653 --> 00:11:46,714 - as a woman... - Can I come by? 154 00:11:46,822 --> 00:11:48,924 Yes. 155 00:11:50,868 --> 00:11:56,223 You must be on guard. When you are traveling, a nice man will 156 00:11:56,415 --> 00:12:01,438 could suddenly kidnap you and make you a sex slave and then… 157 00:12:01,462 --> 00:12:02,772 Your left arm, please. 158 00:12:13,015 --> 00:12:15,326 - I can't look at it. - Wait. 159 00:12:15,351 --> 00:12:16,786 I'll wait outside. 160 00:12:18,229 --> 00:12:19,663 relax, you can do well. 161 00:12:35,788 --> 00:12:38,933 They had a love affair with Mr. Balwani? 162 00:12:39,333 --> 00:12:40,476 Yes. 163 00:12:41,293 --> 00:12:44,523 After Mr. Balwani had stayed chairman of the board and daily manager. 164 00:12:44,547 --> 00:12:46,982 They then told the investors, that you and Mr. Balwani 165 00:12:47,007 --> 00:12:49,652 had a love affair when you invited them 166 00:12:49,677 --> 00:12:51,111 to invest in Theranos? 167 00:12:52,388 --> 00:12:53,407 No. 168 00:12:53,431 --> 00:12:55,991 When did you meet? Mr. Sunny Balwani for the first time? 169 00:13:15,661 --> 00:13:18,764 IDEAS FOR PRODUCTS 170 00:13:26,547 --> 00:13:27,857 IDEA NOTES 171 00:13:32,344 --> 00:13:34,905 No, come on. When are Josh and the boys coming? 172 00:13:34,930 --> 00:13:36,365 I must know. 173 00:13:36,432 --> 00:13:38,493 I don't know. But do they bring beer? 174 00:13:38,517 --> 00:13:40,953 I hope they bring beer. Yes, we're going to drink. 175 00:13:41,145 --> 00:13:44,791 Josh said they would come Just a little party. 176 00:13:44,815 --> 00:13:46,292 - Cheers! - It will be fun. 177 00:13:46,901 --> 00:13:49,296 - I must be drunk. - What are you wearing? 178 00:13:49,320 --> 00:13:53,007 This is it a cultural exchange program. 179 00:13:53,365 --> 00:13:55,134 You should speak Chinese. 180 00:13:55,159 --> 00:13:57,928 It's the only way to learn it. 181 00:13:58,037 --> 00:14:00,264 You best! Speak English though. 182 00:14:01,373 --> 00:14:03,727 - It's Friday. - Exactly. 183 00:14:03,751 --> 00:14:05,603 - The work week is over. - Now stop. 184 00:14:06,337 --> 00:14:07,771 She is so weird. 185 00:14:12,468 --> 00:14:13,819 SONGS 186 00:14:45,793 --> 00:14:46,899 Good day. 187 00:14:48,337 --> 00:14:52,900 did you know that I start at Stanford this fall? 188 00:14:53,467 --> 00:14:56,219 I have no idea what you are saying. I'm not good at this. 189 00:15:08,607 --> 00:15:09,713 Good day. 190 00:15:10,317 --> 00:15:11,460 How is it going? 191 00:15:18,033 --> 00:15:22,763 It's nice to meet someone, who take summer school seriously. 192 00:15:25,916 --> 00:15:27,476 My name is Sunny. 193 00:15:28,210 --> 00:15:32,147 You impress me a lot. 194 00:15:41,390 --> 00:15:45,744 You must not say "Sh." It is equivalent to saying 195 00:15:45,811 --> 00:15:47,204 "You very impress." 196 00:15:47,688 --> 00:15:50,833 You go directly from noun to adverb clause. 197 00:15:53,694 --> 00:15:55,337 Are you a superintendent here? 198 00:15:56,030 --> 00:15:57,715 Because I'm old? 199 00:15:58,324 --> 00:16:00,331 Yes, it is for new university students. 200 00:16:00,409 --> 00:16:04,555 I wanted to learn Chinese. China has just joined the WTO. 201 00:16:05,414 --> 00:16:07,683 It will be the production center of the entire world. 202 00:16:14,381 --> 00:16:15,983 Do you have a job? 203 00:16:16,050 --> 00:16:20,612 No, I started a software company and sold it for DKK 40 million. dollars. 204 00:16:25,517 --> 00:16:29,413 You do not have to remove the lid completely. Then it won't be ready. 205 00:16:31,065 --> 00:16:36,253 No, I can't see that. Come with me and have some real food. 206 00:16:43,535 --> 00:16:46,680 - Come on now. - I can't leave the dormitory with you. 207 00:16:48,707 --> 00:16:49,933 Well. 208 00:16:53,003 --> 00:16:59,443 Wait. Let me just... I just need to bring money. 209 00:17:04,556 --> 00:17:06,033 Are you Muslim? 210 00:17:06,308 --> 00:17:09,995 I am Hindu, so my family had to flee from Pakistan to India. 211 00:17:10,062 --> 00:17:12,498 Then I hurried away and moved to California. 212 00:17:13,148 --> 00:17:14,411 Do you miss being home? 213 00:17:14,817 --> 00:17:17,795 I don't know where home is. When we left Pakistan 214 00:17:17,820 --> 00:17:19,734 we had to leave our house and everything else. 215 00:17:20,614 --> 00:17:25,302 And then… I wanted to go to university in the United States. 216 00:17:25,494 --> 00:17:30,682 It was in 1986. How old were you in 1986? 217 00:17:31,458 --> 00:17:33,727 - I was two. - You best! 218 00:17:35,129 --> 00:17:36,730 Taste a little of my scorpion. 219 00:17:37,715 --> 00:17:40,317 - No thanks. - It's crispy. 220 00:17:40,384 --> 00:17:41,490 Don't talk about. 221 00:17:44,763 --> 00:17:47,116 - Come on now. Take a bite. - I don't want to. 222 00:17:47,307 --> 00:17:48,617 Do it. 223 00:17:58,068 --> 00:17:59,628 It's not fun. 224 00:18:05,325 --> 00:18:06,511 Just go. 225 00:18:06,535 --> 00:18:11,014 I'll stay here. Until I know you're okay. 226 00:18:41,737 --> 00:18:44,163 - I can't. - Can't you hear, it's wrong? 227 00:18:53,499 --> 00:18:55,100 You know what? You don't practice enough. 228 00:18:55,167 --> 00:18:56,227 It is not difficult. 229 00:18:56,251 --> 00:18:59,188 That's why I want to focus in the pharmaceutical industry. 230 00:18:59,296 --> 00:19:03,483 Because I want to help others and be a billionaire. 231 00:19:03,801 --> 00:19:06,486 - Just like Steve Jobs. - You know what you want. 232 00:19:07,096 --> 00:19:08,202 I do, 233 00:19:09,807 --> 00:19:11,033 Thank you. 234 00:19:11,517 --> 00:19:12,623 For what? 235 00:19:13,727 --> 00:19:14,833 Not to laugh. 236 00:19:17,147 --> 00:19:20,751 My father comes from a great family of inventors and business people. 237 00:19:21,401 --> 00:19:26,298 He wants to see me fulfill my potential. What about your parents? 238 00:19:27,032 --> 00:19:31,887 My mother is in India. My father died a few years ago. 239 00:19:33,956 --> 00:19:36,308 I'm sorry to hear that. How? 240 00:19:38,168 --> 00:19:39,937 I don't want to talk about that... 241 00:19:42,631 --> 00:19:44,066 Do you feel like dancing? 242 00:19:53,517 --> 00:19:54,993 It doesn't feel right. 243 00:19:58,105 --> 00:20:00,082 - We can just... - Yes. 244 00:20:14,746 --> 00:20:16,306 The sunset is beautiful. 245 00:20:19,126 --> 00:20:20,727 It's air pollution. 246 00:20:34,099 --> 00:20:37,869 you know What has it meant to me? 247 00:20:38,812 --> 00:20:40,205 This month has been... 248 00:20:40,272 --> 00:20:42,249 Yes, but we don't have to say goodbye. 249 00:20:42,774 --> 00:20:45,086 From August I will be in Palo Alto. 250 00:20:45,110 --> 00:20:46,837 Then we live in the same city. 251 00:20:49,031 --> 00:20:51,216 What time are you leaving for India tomorrow? 252 00:20:51,450 --> 00:20:55,846 Early. My mother has arranged a dinner. 253 00:21:01,835 --> 00:21:03,186 May I ask something? 254 00:21:04,504 --> 00:21:07,607 How did your father die? You never said that. 255 00:21:10,010 --> 00:21:15,157 He was hospitalized with chest pains. And the idiotic doctor… 256 00:21:15,182 --> 00:21:17,934 had a series of tests taken. But they were the wrong samples. 257 00:21:19,019 --> 00:21:21,399 He said it was stress, and sent him home. 258 00:21:24,524 --> 00:21:28,837 And then he died that night. Of a heart attack. 259 00:21:32,407 --> 00:21:36,720 It was totally predictable, and I think about it every day. 260 00:21:48,298 --> 00:21:53,111 I don't know... Sometimes I get angry. 261 00:21:57,724 --> 00:21:59,409 Give me your wallet. 262 00:22:12,572 --> 00:22:18,387 It is a Chinese custom to burn the things that you want 263 00:22:18,453 --> 00:22:19,971 the dead must take with them. 264 00:22:27,296 --> 00:22:28,480 To your father. 265 00:22:44,896 --> 00:22:47,082 I don't want to burn the building down. 266 00:23:02,039 --> 00:23:03,348 I have to go to bed now. 267 00:23:07,753 --> 00:23:09,563 Have a good first year. 268 00:23:21,975 --> 00:23:23,243 Oh yes! 269 00:23:34,988 --> 00:23:40,343 Damn! Your toiletry bag. It doesn't matter. 270 00:23:41,745 --> 00:23:42,851 Like that! 271 00:23:44,873 --> 00:23:48,727 - Because it's beautiful. - What is beautiful about microfluidic engineering? 272 00:23:48,794 --> 00:23:52,772 Microfluidic engineering is... Okay, think printer ink. 273 00:23:53,340 --> 00:23:56,319 Your printer has one color to begin with... 274 00:23:56,343 --> 00:23:58,570 which runs through e.g. three different channels 275 00:23:58,595 --> 00:24:01,573 which ends in three different places, 276 00:24:01,598 --> 00:24:05,827 and each of these has its reagent, which gives different colors. 277 00:24:05,936 --> 00:24:08,705 - So you want to make printer cartridges. - No. 278 00:24:08,855 --> 00:24:12,417 I'm kidding. I'm sorry we didn't get to talk the other day 279 00:24:12,818 --> 00:24:14,753 I had to move. 280 00:24:16,238 --> 00:24:20,634 Do you like beer? Because I really like it. 281 00:24:21,034 --> 00:24:24,638 So you like microfluidic engineering and beer. 282 00:24:25,705 --> 00:24:27,557 - Sunny. - Yes? 283 00:24:29,626 --> 00:24:31,186 I love being here. 284 00:25:00,115 --> 00:25:03,802 I am not a software engineer, I am a physicist and researcher. 285 00:25:03,910 --> 00:25:09,766 But I mean technology can be of great importance 286 00:25:09,791 --> 00:25:11,352 for the healthcare industry. 287 00:25:11,376 --> 00:25:14,563 And we are equal at first began to understand that meaning 288 00:25:14,588 --> 00:25:18,275 technology can get in all areas of life. 289 00:25:18,425 --> 00:25:21,611 - Fantastic. So you're a doctor? - Yes. 290 00:25:21,678 --> 00:25:26,658 And inventor and investor. You have sat on the board of several companies. 291 00:25:27,267 --> 00:25:29,411 Then why are you also a professor? 292 00:25:29,853 --> 00:25:35,001 Because Stanford is the most exciting place to be right now. 293 00:25:35,025 --> 00:25:40,213 And we are writing 2002, so imagine, what the technology can accomplish in 2022, 294 00:25:40,280 --> 00:25:44,884 and it will depend on you. What do they call you today? 295 00:25:44,910 --> 00:25:46,136 Millennials? 296 00:25:46,536 --> 00:25:50,056 You grew up with computers and are not afraid of what they can do, 297 00:25:50,123 --> 00:25:53,644 but you must still remember that there is much we do not know 298 00:25:53,668 --> 00:25:57,731 and it's you who has to figure it out. 299 00:26:07,349 --> 00:26:09,368 - Professor Robertson? - Good God, it's you. 300 00:26:09,392 --> 00:26:12,245 No, I can't leave you. 301 00:26:12,854 --> 00:26:15,540 It's a team for graduate students 302 00:26:15,690 --> 00:26:16,709 and you just started? 303 00:26:16,733 --> 00:26:18,251 - I know. - Not ready. 304 00:26:18,777 --> 00:26:21,546 - I know... but I was thinking. - Why do you want that? 305 00:26:21,655 --> 00:26:25,134 Now just be a freshman. Run around and get drunk, 306 00:26:25,158 --> 00:26:27,886 break some hearts and sleep with your girlfriend. 307 00:26:27,953 --> 00:26:29,388 I dumped my boyfriend this morning. 308 00:26:29,412 --> 00:26:31,419 - He distracted me. - How did it go? 309 00:26:31,498 --> 00:26:32,849 - Pretty good. - Pretty good? 310 00:26:32,874 --> 00:26:36,416 You must change the throughput. That's why the experiment doesn't work. 311 00:26:37,170 --> 00:26:39,481 - What? - You must change the flow rate. 312 00:26:41,091 --> 00:26:42,859 how do you know what are we working on? 313 00:26:44,219 --> 00:26:46,280 Teaching Assistant Rakesh let me see his notes 314 00:26:46,304 --> 00:26:48,311 He sticks with the Cubs, so he got a cap. 315 00:26:50,559 --> 00:26:51,665 Come along. 316 00:27:19,462 --> 00:27:20,814 It's over here. 317 00:27:22,048 --> 00:27:24,734 How does it look with the throughput? 318 00:27:24,843 --> 00:27:27,195 - So what? - Hey, what's up? 319 00:27:27,804 --> 00:27:30,825 It's not that. I have tried. We thought that by changing 320 00:27:30,849 --> 00:27:32,575 the thickness of the liquid slightly... 321 00:27:32,642 --> 00:27:38,581 You um... you increased the flow, but to... 322 00:27:38,607 --> 00:27:42,627 to maintain the average speed you have to 323 00:27:42,652 --> 00:27:45,797 also to change the extent of the five discharge channels. 324 00:27:49,993 --> 00:27:52,652 - It doesn't fit, I tried it myself... - Yes, it fits. 325 00:27:59,127 --> 00:28:00,270 Yes, it does. 326 00:28:04,132 --> 00:28:05,767 She is one of my new students. 327 00:28:06,760 --> 00:28:08,111 Are you in first year? 328 00:28:10,805 --> 00:28:12,031 You're in. 329 00:28:14,059 --> 00:28:16,077 - Find a smock for her. - Yes. 330 00:28:22,400 --> 00:28:24,043 BILL GATES: THE WAY FORWARD 331 00:28:24,152 --> 00:28:25,796 Channing wants to hear about my product ideas 332 00:28:25,820 --> 00:28:27,131 and we develop new technology. 333 00:28:27,155 --> 00:28:30,049 - That professor loves you. - No, he isn't. 334 00:28:30,450 --> 00:28:33,595 Forget it. Will I see you this summer? 335 00:28:34,829 --> 00:28:37,807 - See me? - Yes. Look at you. 336 00:28:41,711 --> 00:28:43,605 I don't know that. What are you going to do? 337 00:28:44,923 --> 00:28:49,319 I'm getting busy. Driving around in my new Lamborghini. 338 00:28:49,678 --> 00:28:52,113 Have you got a Lamborghini? 339 00:28:52,514 --> 00:28:55,533 - Yes. The most expensive. - Why? 340 00:28:55,934 --> 00:28:57,660 Because I can. 341 00:28:59,145 --> 00:29:01,122 Because nobody takes you for a terrorist, 342 00:29:01,189 --> 00:29:02,582 when you drive a Lamborghini. 343 00:29:03,692 --> 00:29:04,834 Assholes. 344 00:29:04,943 --> 00:29:06,753 SECOND YEAR 345 00:29:06,778 --> 00:29:08,506 You wrote it together during the summer holidays. 346 00:29:08,655 --> 00:29:11,676 I had too little to do during my internship. 347 00:29:11,700 --> 00:29:13,468 So it's a band-aid. 348 00:29:14,411 --> 00:29:15,637 I can see that. 349 00:29:15,995 --> 00:29:19,724 It is plastered on the skin, who continuously gives medicine, 350 00:29:19,833 --> 00:29:21,102 just like with antibiotics... 351 00:29:21,126 --> 00:29:25,230 directly into the patient's blood, while it watches 352 00:29:25,296 --> 00:29:26,981 whether the medicine is working. 353 00:29:27,590 --> 00:29:31,444 It is diagnosis and therapy at the same time. 354 00:29:32,721 --> 00:29:33,827 Yes. 355 00:29:34,639 --> 00:29:38,827 I want to start a company and you must be a co-founder. 356 00:29:40,061 --> 00:29:43,414 I don't want to wait. David Filo and Jerry Yang 357 00:29:43,481 --> 00:29:47,293 started Yahoo as they walked on your team. You must have invested. 358 00:29:48,194 --> 00:29:52,632 They actually asked and I said, "No." If only I could do it over. 359 00:29:55,493 --> 00:29:58,054 I can put you in touch with a doctor, 360 00:29:58,621 --> 00:30:02,433 so you can talk about whether it is possible. Do you know... Phyllis Gardner? 361 00:30:19,267 --> 00:30:20,902 Channing Robertson sent you? 362 00:30:21,019 --> 00:30:25,290 Yes, I'm on his graduate team. Like uh... sophomore. 363 00:30:28,526 --> 00:30:32,964 It's never going to work. A patch is too small for full doses 364 00:30:33,072 --> 00:30:35,342 of a kind of medicine, not to mention several kinds 365 00:30:35,366 --> 00:30:37,594 as well as reagents for samples. 366 00:30:37,660 --> 00:30:41,306 But even if it could, should it be able to store for a long time 367 00:30:41,706 --> 00:30:44,560 the chemical substances at body temperature. 368 00:30:44,584 --> 00:30:47,228 And let us for a moment just forget all that. 369 00:30:47,462 --> 00:30:51,232 So let's just say, that they found a way to do some of it. 370 00:30:52,050 --> 00:30:56,988 if you think that people will be diagnosed by a patch 371 00:30:57,055 --> 00:31:00,408 and then come medicine directly into their skin 372 00:31:00,725 --> 00:31:03,369 then you never have before met a sick person. 373 00:31:04,521 --> 00:31:09,042 People study for a very long time to learn to diagnose. 374 00:31:09,275 --> 00:31:10,919 A plaster cannot diagnose 375 00:31:10,985 --> 00:31:12,837 for humans are not machines. 376 00:31:13,112 --> 00:31:18,217 But doctors make mistakes. And it will be based on data. 377 00:31:18,243 --> 00:31:22,472 Data is not everything. People your age must remember 378 00:31:22,539 --> 00:31:26,392 that machines also make mistakes, especially when humans control them. 379 00:31:26,709 --> 00:31:30,396 - Yes. But... - All right. It's not personal. 380 00:31:30,463 --> 00:31:32,315 You got an idea. It won't work 381 00:31:32,340 --> 00:31:34,525 so you just have to keep learning. 382 00:31:34,676 --> 00:31:40,782 Keep going. I'm on my way home. It was nice to meet you. 383 00:31:43,893 --> 00:31:48,206 - "Nothing happens without an attempt." - What? 384 00:31:48,982 --> 00:31:51,542 It's Yoda from Star Wars. 385 00:31:59,450 --> 00:32:02,971 Professor Gardner, wait! 386 00:32:03,288 --> 00:32:06,391 I just think... I think we can work together. 387 00:32:07,458 --> 00:32:08,685 - Work together? - Yes. 388 00:32:08,751 --> 00:32:10,853 What do you wear? First year? Second year? 389 00:32:11,004 --> 00:32:13,899 - Just started on another. - So you've had some courses, 390 00:32:13,923 --> 00:32:16,401 maybe been to a few seminars, so now you know enough 391 00:32:16,426 --> 00:32:17,596 to start a company? 392 00:32:18,469 --> 00:32:20,279 I just thought that you as a woman... 393 00:32:20,346 --> 00:32:22,782 Let me explain something to you as a woman. 394 00:32:22,807 --> 00:32:27,537 You cannot skip anything. You have to work. 395 00:32:27,854 --> 00:32:31,457 Make your own and other people's work. You must work so much 396 00:32:31,524 --> 00:32:33,794 that they must admit it. Nobody helped you 397 00:32:33,818 --> 00:32:37,672 You must clear all excuses along the way. And if you commit 398 00:32:37,906 --> 00:32:41,426 the slightest mistake, they will destroy you, and with great pleasure, 399 00:32:41,492 --> 00:32:43,546 so no as a woman I cannot help you. 400 00:32:43,995 --> 00:32:47,015 And just one more thing. 401 00:32:47,040 --> 00:32:52,854 Don't ever quote Yoda again. Science does experiments. 402 00:32:53,588 --> 00:32:57,483 It's not about anything else. You are first allowed to do something 403 00:32:57,508 --> 00:32:59,653 when you have been experimenting for so long, that it to do 404 00:32:59,677 --> 00:33:02,865 doesn't seem possible at all. So the science is real. 405 00:33:02,889 --> 00:33:07,035 Yoda is a green fictional character, who seems to know something about everything 406 00:33:07,060 --> 00:33:11,330 throughout the universe, except about syntax and grammar. 407 00:33:11,439 --> 00:33:15,001 Sorry, but your idea is impossible. This is how the world works. 408 00:33:15,151 --> 00:33:19,964 The world works in one way, until a great idea comes 409 00:33:20,073 --> 00:33:22,216 and changes everything. 410 00:33:22,408 --> 00:33:24,802 well then, so I have to slip away 411 00:33:24,869 --> 00:33:27,430 My husband is waiting for me with a glass of red wine 412 00:33:27,497 --> 00:33:31,226 a foot massage and My Big Fat Greek Wedding on DVD 413 00:33:31,250 --> 00:33:34,854 which arrived in the mail today. So I would suggest that you yourself 414 00:33:34,963 --> 00:33:38,649 do something similar. You are 19. 415 00:33:39,175 --> 00:33:41,569 You don't have to be anything else right now. 416 00:34:00,905 --> 00:34:03,341 What do we have here? 417 00:34:05,451 --> 00:34:07,929 Wow! There is life in it. 418 00:34:09,706 --> 00:34:12,225 You come up with something new 419 00:34:14,085 --> 00:34:15,906 Should I quit? What should I do? 420 00:34:16,838 --> 00:34:21,818 You might try being a sophomore 421 00:34:21,843 --> 00:34:24,821 at a university just for a single evening. It could be fun. 422 00:34:25,388 --> 00:34:26,614 Do you like a cappella? 423 00:34:27,557 --> 00:34:30,785 Have you heard "Don't Stop Believin'" sung with twelve voices? 424 00:34:31,978 --> 00:34:33,162 It's funny. 425 00:34:41,946 --> 00:34:43,131 What fun! 426 00:34:47,618 --> 00:34:48,845 Hello! 427 00:34:51,539 --> 00:34:55,393 What happened there, boys? Shut up, it's the laugher. 428 00:34:57,128 --> 00:35:01,107 Shut up, that's the laugher. It's the funniest thing ever. 429 00:35:01,299 --> 00:35:04,193 What fun! I'm having too much fun! 430 00:35:18,900 --> 00:35:21,085 Miss Holmes? Miss Holmes? 431 00:35:21,360 --> 00:35:22,795 Please answer the question. 432 00:35:23,071 --> 00:35:26,799 I can't remember that specifically. 433 00:35:27,700 --> 00:35:30,845 - They were directors themselves. - Yes. 434 00:35:31,621 --> 00:35:33,348 And you don't remember specifically? 435 00:35:33,372 --> 00:35:38,728 I can't, no. I don't remember details from years ago. 436 00:35:38,753 --> 00:35:42,106 I... I don't remember. 437 00:35:56,938 --> 00:35:58,414 Miss Holmes? 438 00:36:01,859 --> 00:36:05,254 - Do you need a break? - No. 439 00:36:10,743 --> 00:36:13,387 What's wrong with her? Has something happened? 440 00:36:13,871 --> 00:36:17,099 For the party. i think that a guy did something to her. 441 00:36:17,291 --> 00:36:20,019 I don't know the whole story, but she went to the police. 442 00:36:20,211 --> 00:36:22,813 - The police? - She said it was rape. 443 00:36:22,922 --> 00:36:26,192 Really? Do you believe her? 444 00:36:26,467 --> 00:36:28,736 I don't know. Let's go. 445 00:36:47,196 --> 00:36:48,302 Hello. 446 00:36:48,364 --> 00:36:52,176 Hello, where have you been? I have been trying to call for several days. 447 00:36:52,410 --> 00:36:53,516 I've been busy. 448 00:36:53,786 --> 00:36:57,223 You know how much I miss you, when we don't talk. 449 00:36:57,790 --> 00:37:00,685 Do you know how strange it is, that you say that to me? 450 00:37:01,711 --> 00:37:06,148 I'm 19. I'm 19. 451 00:37:08,342 --> 00:37:11,070 You should talk to someone at your own age. 452 00:37:11,888 --> 00:37:13,197 Should it be like this? 453 00:37:15,641 --> 00:37:18,536 Yes. Yes. 454 00:37:20,897 --> 00:37:22,290 It's fucking weird. 455 00:37:25,526 --> 00:37:26,961 You must not call again. 456 00:37:58,059 --> 00:38:00,786 Miss Holmes, then we're ready. 457 00:38:16,369 --> 00:38:17,803 What did they say? 458 00:38:18,287 --> 00:38:20,599 They do not recommend any disciplinary action. 459 00:38:20,623 --> 00:38:24,602 I know that. But what did they say? 460 00:38:25,962 --> 00:38:27,521 It's my word against his. 461 00:38:29,548 --> 00:38:30,941 They won't believe me. 462 00:38:33,552 --> 00:38:35,279 I don't make anyone believe me. 463 00:38:44,605 --> 00:38:47,666 I can't get that smell off. We should probably just throw it out. 464 00:38:49,318 --> 00:38:53,297 You best! It is dangerous. You could get hurt. 465 00:38:53,406 --> 00:38:54,757 We have to get that away. 466 00:38:57,660 --> 00:38:59,095 I need your help. 467 00:39:01,330 --> 00:39:02,515 Elizabeth. 468 00:39:03,249 --> 00:39:06,852 Take hold below. Such. Come on. 469 00:39:06,877 --> 00:39:09,690 Wait, wait. Mom, I have to turn it down. 470 00:39:09,714 --> 00:39:11,357 - I have to. - Good. 471 00:39:11,424 --> 00:39:13,192 Slowly, slowly. Well. 472 00:39:15,594 --> 00:39:18,197 - I don't want to do it now. - Elizabeth. 473 00:39:18,264 --> 00:39:19,533 No, go back to the hotel. 474 00:39:19,557 --> 00:39:21,575 - Leave me alone. - I believe in you. 475 00:39:23,561 --> 00:39:25,996 I believe in everything what you said 476 00:39:33,571 --> 00:39:36,466 But you said I should be on guard, and I didn't listen. 477 00:39:36,490 --> 00:39:37,596 I had been drinking. 478 00:39:38,701 --> 00:39:45,683 Men will stick around to take something from you 479 00:39:46,417 --> 00:39:53,023 so now you have to decide whether you want to let it hold you back. 480 00:39:55,134 --> 00:39:58,863 - But how? - You hide it away, forget it. 481 00:39:59,638 --> 00:40:04,326 And then one day... 482 00:40:05,644 --> 00:40:07,705 one day you will be well again. 483 00:40:11,859 --> 00:40:14,170 Come on. It smells awful. 484 00:40:16,822 --> 00:40:18,966 - Okay. - Okay. 485 00:40:19,492 --> 00:40:23,846 And one, two, three! 486 00:40:24,163 --> 00:40:25,723 You best! 487 00:40:37,551 --> 00:40:38,944 i love you 488 00:40:43,224 --> 00:40:44,783 We must wash our hands. 489 00:42:16,692 --> 00:42:20,504 MARCH 2004 490 00:42:27,578 --> 00:42:28,684 You are back. 491 00:42:28,829 --> 00:42:31,682 I'm back. The design has been redone. 492 00:42:33,334 --> 00:42:35,352 It is the size of an iPod. 493 00:42:36,378 --> 00:42:39,565 And it doesn't give medicine. It takes blood samples. 494 00:42:40,758 --> 00:42:44,194 What if you could take blood tests at home? 495 00:42:46,013 --> 00:42:50,451 What if it's not a whole vial, but just a drop? 496 00:42:51,227 --> 00:42:52,397 You take it with you everywhere. 497 00:42:54,897 --> 00:42:57,541 It can keep you safe. 498 00:43:43,070 --> 00:43:46,632 Channing wants to get going with the research immediately. 499 00:43:46,782 --> 00:43:48,842 We rent office space in East Palo Alto. 500 00:43:48,909 --> 00:43:51,972 Wasn't that part of town You were told to avoid 501 00:43:51,996 --> 00:43:54,015 - during the introduction? - Yes, it is dangerous. 502 00:43:54,039 --> 00:43:56,225 - Yes. - I got lost there during the move 503 00:43:56,250 --> 00:43:58,562 when you sent me out to buy clothes. 504 00:43:58,586 --> 00:44:04,233 We can't afford anything else right now. And I wanted to ask you… 505 00:44:04,800 --> 00:44:09,780 if you would consider to invest my school money in the company. 506 00:44:11,515 --> 00:44:13,368 How should we pay for your teaching? 507 00:44:13,392 --> 00:44:17,162 You don't have to, because I... I drop out. 508 00:44:18,022 --> 00:44:20,040 - What are you doing? - No. No! 509 00:44:20,316 --> 00:44:22,710 Steve Jobs dropped out. Bill Gates dropped out. 510 00:44:22,901 --> 00:44:25,255 Michael Dell, Paul Allen. Elon Musk... 511 00:44:25,279 --> 00:44:27,257 - Who is Paul Allen? - Also from Microsoft. 512 00:44:27,281 --> 00:44:29,591 I don't care. You don't drop out of Stanford. 513 00:44:29,617 --> 00:44:31,177 You can start a company afterwards. 514 00:44:31,201 --> 00:44:33,429 No, I don't follow teaching longer. 515 00:44:33,579 --> 00:44:35,028 Don't you go to class? 516 00:44:36,498 --> 00:44:38,684 Elizabeth, is it because of what happened? 517 00:44:38,709 --> 00:44:41,061 - Noel. - No. No. 518 00:44:53,432 --> 00:44:58,245 What do you do with this one? It tests one's blood? 519 00:44:58,312 --> 00:45:04,585 It's... Mom, you would never have to see a needle again. 520 00:45:17,414 --> 00:45:18,974 I don't understand you. 521 00:45:21,502 --> 00:45:22,811 I know it well. 522 00:45:26,465 --> 00:45:29,943 Listen here. Elizabeth Holmes has dropped out of Stanford. 523 00:45:30,010 --> 00:45:32,654 And then she has invented a medical device, 524 00:45:32,763 --> 00:45:36,700 something with blood tests. A professor from Stanford helps her. 525 00:45:36,725 --> 00:45:38,452 They have already raised a lot of money. 526 00:45:38,852 --> 00:45:41,278 - She never asked me for advice. - What do you mean? 527 00:45:41,522 --> 00:45:45,000 She is about to do the same, as I have done. 528 00:45:45,442 --> 00:45:46,835 And then she doesn't call? 529 00:45:47,111 --> 00:45:50,172 She is only a child. She probably doesn't have our number. 530 00:45:50,864 --> 00:45:52,049 No. 531 00:45:53,659 --> 00:45:57,012 Because they all think they are better than us. That whole family. 532 00:45:57,663 --> 00:46:02,018 - But Mrs Holmes said... - Why do you call her Mrs. Holmes? 533 00:46:02,042 --> 00:46:06,188 She calls you Lorraine. Why do you call her Mrs. Holmes? 534 00:46:06,755 --> 00:46:08,315 I never thought about that. 535 00:46:19,601 --> 00:46:23,080 - She should have called. - Don't blow it up. 536 00:46:23,814 --> 00:46:25,082 Neither do I. 537 00:46:27,276 --> 00:46:29,516 I just think she should have called me. 538 00:47:11,153 --> 00:47:15,299 What happened? Did someone shoot at you? 539 00:47:16,158 --> 00:47:21,388 No, it was a wet shot from a shootout, I think. 540 00:47:23,457 --> 00:47:24,641 Thank you for coming. 541 00:47:28,962 --> 00:47:33,275 Why did you call? You said I should never call again. 542 00:47:39,097 --> 00:47:40,324 I don't know. 543 00:47:40,891 --> 00:47:42,784 Yes, you do! Why am I here? 544 00:47:45,187 --> 00:47:46,747 Why am I here? 545 00:48:01,745 --> 00:48:04,014 You can't push me away again. 546 00:48:06,250 --> 00:48:07,809 I will protect you 547 00:48:15,926 --> 00:48:17,032 I know that. 548 00:48:18,470 --> 00:48:22,449 Do you remember telling patients, investors or board members, 549 00:48:22,933 --> 00:48:24,494 that none of that technology, 550 00:48:24,518 --> 00:48:26,758 which you claimed to have invented, actually worked? 551 00:48:27,229 --> 00:48:29,748 And that the test results were often inaccurate? 552 00:48:30,607 --> 00:48:32,794 Do you remember being told, that your company 553 00:48:32,818 --> 00:48:35,463 put their lives in danger by giving them false information 554 00:48:35,487 --> 00:48:36,672 about their health? 555 00:48:40,701 --> 00:48:44,763 I know we made a lot of mistakes, 556 00:48:44,830 --> 00:48:48,100 but we tried to… 557 00:48:48,166 --> 00:48:53,313 to develop it, and at the time we thought 558 00:48:53,755 --> 00:48:55,399 that we did the right thing. 559 00:50:00,822 --> 00:50:02,883 Texts by: Mads Frese