Salut, c’est Fred de IVisible, 
pour ceux qui ne connaissent pas ma chaîne : je vous encourage à consulter mes vidéos précédentes et surtout mon site en cliquant sur le lien dans la section description de cette vidéo. J’aimerais savoir ce que vous pensez de la qualité des vidéos et du site Web.
N’hésitez donc pas à laisser quelques mots dans la section des commentaires de cette vidéo. Aujourd’hui, je vais vous parler de la conviction du fondateur de Theranos.

– Révolution

– Démocratisation de l’accessibilité à la santé personnelle 

– Faible quantité de sang requis pour effectuer des tests sur une nouvelle technologie

À quoi ces déclarations vous font-elles penser? Eh bien, c’était une partie du contenu de la présentation commerciale d’Elyzabeth Holmes. 

J’ai passé beaucoup d’heures à regarder les documentaires disponibles en ligne et la série créée par Disney qui étaient d’ailleurs très bien conçue. 

J’ai mis une liste de vidéos et d’articles que vous pouvez consulter si vous voulez en savoir plus sur cette affaire. Ces articles et vidéos sont en anglais. Pour en revenir à notre sujet, je ne vous donnerai pas de détails sur les faits car je vais devoir créer un documentaire complet sur cette histoire. Je vais donc simplement vous donner mon avis sur Elyzabeth Holmes. 

Tout d’abord, j’aimerais que vous passiez quelques secondes à vous souvenir d’un moment où vous avez été dupé. 
Vous souvenez-vous de ce que vous avez ressenti? Vous souvenez-vous du sentiment d’être en colère, triste ou en détresse? 
Maintenant, quand il s’agit de notre santé, personne n’aime qu’on lui dise qu’une procédure médicale comporte un risque d’échec. Cependant, vous faites confiance aux experts et vous supposez que les conseils donnés sont honnêtes et pour votre propre bien. 

Elyzabeth Holmes a passé d’innombrables heures à parler comme si elle était une experte dans le domaine des tests médicaux. 
Elle a délibérément menti et inventé une fausse personnalité afin de s’intégrer dans un environnement commercial qui encourage les hommes blancs à entreprendre sans avoir terminé leurs études supérieures. Par exemple, Bill Gates et Mark Zuckerberg n’ont pas terminé leurs études. (Academic-Writing.org, 2017) 

Nous pouvons donc supposer qu’elle a peut-être été inspirée par ce type de comportement en tant qu ‘entrepreneure en technologie. Pour moi, elle est l’épiphanie de ce à quoi ressemble un escroc imbu de sa personne. Pourquoi?

Elle, en tant que femme blanche venant de la classe sociale  supérieure, elle pouvait faire beaucoup de bien autour d’elle. 
Au lieu de cela, elle a choisi de convaincre les investisseurs d’injecter d’énormes sommes d’argent, près de 1 milliard de dollars, pendant environ 12 à 15 ans sans montrer de réels progrès. (Ramsdell, 2019)

Bien que certains des investisseurs n’étaient pas les personnes les plus éthiques et les plus justes de cette planète!
Elle parlait avec passion de son concept qui n’était qu’un concept. Et pour notre propre curiosité, nous devrions passer un peu de temps sur la définition d’ un concept. (Cambridge Dictionary, 2022)

C’est une idée abstraite et, en raison de son caractère intangible, dans le monde des affaires, les concepts doivent être travaillés autant que possible dans le cadre des technologies contemporaines afin de répondre aux besoins des clients. 
Les clients et les investisseurs ne sont pas les seuls acteurs dont les entreprises devraient se préoccuper. 

Avec l’attention accrue portée à la responsabilité sociale des entreprises, il était clair que Theranos avait besoin d’un manifeste porté sur une éthique forte et d’un engagement à concevoir une machine capable de collecter, d’analyser et de fournir des résultats de tests sanguin précis en temps opportun. (Chen, 2021)

Il n’était donc pas judicieux de mettre une machine inachevée sur le marché. En outre, les bases manquaient dans l’approche de Theranos en matière d’entrepreneuriat.  

Elle  n’a même pas passé de temps à  faire de la recherche sur le marché, ce qui aurait pu être le moyen de comprendre quelles étaient les lacunes  à  combler  ou ce qui était déjà facilement disponible sur le marché. Peut-on s’attendre à voir un concept-car être homologué pour la production sans que toute la conformité nécessaire en matière  de sécurité ne soit vérifiée ? Mais pourquoi est-ce que je me soucie de cette histoire?

La réponse à cette question est que Theranos a utilisé le besoin des gens concernant les tests sanguins rapides, leurs douleurs et leurs espoirs d’un avenir meilleur à son avantage dans le but de s’enrichir.

Financement dont la communauté des personnes handicapées a bien besoin. Ces fonds auraient pu être utilisés adéquatement dans la recherche sur le cancer ou tout autre type de recherche liée aux maladies incurables.  

De nombreux exemples de recherche négligés et sous-financés me sont venus à l’esprit, tels que les maladies liés à l’addiction (www.medicalnewstoday.com, n.d.), l’aide au rétablissement des victimes de violence domestique (Domestic abuse charities can apply for vital funds, 2020), l’ aide aux logements pour sans-abri (Homeless Link, n.d.), la guérison de la psychose post-partum (NHS, 2021), la dépression et l’anxiété (NHS, 2021), les personnes touchées par la faim et les déserts alimentaires (NHS, 2021), la guérison des maladies cardiaques cure (Conditions, 2020), les remèdes contre le paludisme(WHO, 2021)  et le chikungunya (www.who.int, n.d.) , pour n’en nommer que quelques-uns.

C’est pourquoi le fait d’être une femme blanche a placé Elyzabeth Holmes en tête de liste dans l’obtention de financement et plutôt que d’aider les autres, elle s’est livrée à un comportement contre-productif et a donné une mauvaise image à l’entrepreneuriat. 

Personnellement, je crois que trop de Blancs ont bénéficié de facilités économiques et prétendent être éduqués, intelligents donc des experts. Tout cela  tandis que d’autres ont du mal à se faire remarquer même lorsqu’ils travaillent très dur pour atteindre leurs objectifs et leurs rêves. 

En effet, la plupart des entreprises technologiques de la Silicon Valley ont moins de 2% d’employés noirs et je n’ai pas pu trouver de statistiques sur le pourcentage de personnes handicapées faisant partie de la main-d’œuvre, donc en ce qui concerne la diversité, c’est médiocre.  (Kim, n.d.,Wong, 2017)

Ce n’est pas un signe d’innovation, mais simplement de l’arrogance pure et une manifestation ouverte de comportement discriminatoire et raciste. 

C’est tout pour moi aujourd’hui, j’espère que vous avez apprécié cette vidéo et faites-moi savoir ce que vous pensez du sujet dans la section des commentaires. 

Merci de m’avoir écouté et à bientôt dans la prochaine vidéo !

 

 

List of video and articles :

– Elizabeth Holmes: The ‘Valley of Hype’ behind the rise and fall of Theranos [documentary] – YouTube
– Theranos – Silicon Valley’s Greatest Disaster – YouTube
– The downfall of Elizabeth Holmes: Is the young billionaire going to jail? | 60 Minutes Australia – YouTube
– The spectre of Theranos looms large over the diagnostic world | WIRED UK
– Elizabeth Holmes Trial Witness Allegedly Went to Her House Last Month (businessinsider.com)
– Former Theranos exec Sunny Balwani convicted of 12 counts of fraud | Theranos | The Guardian
– Erika Cheung: Theranos, whistleblowing and speaking truth to power | TED :

– Tyler Shultz reacts to Elizabeth Holmes verdict – YouTube
– Widow of Theranos’ former chief scientist speaks out following Elizabeth Holmes’ conviction – YouTube
– Elizabeth Holmes SCANDAL – Body Language That Reveals The Lies – YouTube

Reference

– Academic-Writing.org (2017). Mark Zuckerberg and His Education. [online] Academic-Writing.org. Available at: https://academic-writing.org/blog/mark-zuckerberg-education/.

– Ramsdell, T. (2019). Theranos: A cautionary tale of ethics and entrepreneurship. [online] CU Denver Business School News. Available at: https://business-news.ucdenver.edu/2019/05/24/theranos-a-cautionary-tale-of-ethics-and-entrepreneurship/#:~:text=Over%20its%2012-15-year%20lifespan%2C%20Theranos%20raised%20almost%20%241 [Accessed 8 Sep. 2022].
-Cambridge Dictionary (2022). concept. [online] @CambridgeWords. Available at: https://dictionary.cambridge.org/dictionary/learner-english/concept [Accessed 8 Sep. 2022].
– Chen, J. (2021). Learn What Stakeholders Are and the Roles That They Play. [online] Investopedia. Available at: https://www.investopedia.com/terms/s/stakeholder.asp#:~:text=Key%20Takeaways%3A%201%20A%20stakeholder%20has%20a%20vested.
– Kim, E. (n.d.). What it’s like to be black in Silicon Valley. [online] Business Insider. Available at: https://www.businessinsider.com/being-black-in-silicon-valley-2016-7?r=US&IR=T#:~:text=Source%3A%20Medium%20In%20fact%2C%20according%20to%20the%20American [Accessed 8 Sep. 2022].
– Wong, J.C. (2017). Segregated Valley: the ugly truth about Google and diversity in tech. The Guardian. [online] 7 Aug. Available at: https://www.theguardian.com/technology/2017/aug/07/silicon-valley-google-diversity-black-women-workers.
– WHO (2021). WHO recommends groundbreaking malaria vaccine for children at risk. [online] www.who.int. Available at: https://www.who.int/news/item/06-10-2021-who-recommends-groundbreaking-malaria-vaccine-for-children-at-risk.
– www.who.int. (n.d.). WHO/BS/2022.2434: Collaborative Study to Evaluate a Candidate World Health Organization International Standard for Antibodies to Chikungunya Virus. [online] Available at: https://www.who.int/publications/m/item/who-bs-2022.2434 [Accessed 12 Sep. 2022].
– www.medicalnewstoday.com. (n.d.). Addictive disorders: Causes and reasons they may get worse. [online] Available at: https://www.medicalnewstoday.com/articles/323483#why-does-addiction-occur.
– Domestic abuse charities can apply for vital funds. (2020). gov.uk. [online] 7 May. Available at: https://www.gov.uk/government/news/domestic-abuse-charities-can-apply-for-vital-funds.
– Homeless Link. (n.d.). 2020 Annual review of single homelessness support in England. [online] Available at: https://homeless.org.uk/knowledge-hub/2020-annual-review-of-single-homelessness-support-in-england/ [Accessed 12 Sep. 2022].
– NHS (2021). Postpartum psychosis. [online] nhs.uk. Available at: https://www.nhs.uk/mental-health/conditions/post-partum-psychosis/.
– NHS (2021). Mental health. [online] nhs.uk. Available at: https://www.nhs.uk/mental-health/.
– Brones, A. (2018). Food apartheid: the root of the problem with America’s groceries. [online] the Guardian. Available at: https://www.theguardian.com/society/2018/may/15/food-apartheid-food-deserts-racism-inequality-america-karen-washington-interview.
– Conditions (2020). Conditions. [online] British Heart Foundation. Available at: https://www.bhf.org.uk/informationsupport/conditions.

 

 

 

Hi this is Fred from IVisible,

for those who do not know my channel: I encourage you to check my previous videos and most importantly my website by clicking on the link in the description box of this video. I would love to hear from you regarding both the quality of the videos and the website.

So please leave a few words in the comment section of this video. 
In this video, I will talk about Theranos’ founder conviction

– Revolution
– Democratisation of personal health accessibility
– Low amount of blood required to run tests on a new technology

What do those statements make you think about?

Well, those were some of Elyzabeth Holme pitch content. I spent a lot of hours watching either the documentaries available online and the series provided by Disney Channel which was very well crafted by the way.

I have put a list of videos and articles which you can watch on your own time if you want to know more about this case.
Going back to our topic, I will not give you details about the facts because I will need to create a full documentary on this story. So I will give my opinion regarding Elyzabeth Holmes.

First, I would like you to spend a few seconds remembering a time when you have been duped. Do you remember how it felt? Do you remember the feeling of being angry or sad or distressed?

Now, when it comes to dealing with our health, nobody likes to be told that a medical procedure has a risk of failure. However, you trust experts and you assume that the given advice is honest and for your own well-being.

Elyzabeth Holmes spent countless hours talking as if she was an expert in the field of medical testing. She purposely lied and made up a false personality in order to fit into a business environment that encourages white males to succeed without completing a higher education plan. For example, Bill Gates and Mark Zuckerberg did not complete their degrees. (Academic-Writing.org, 2017)

So, we can assume that she may have been inspired by this type of behavior as a tech entrepreneur.

To me she is the epiphany of what an entitled scammer looks like.
Why?

She, as a white upper-class woman, had the opportunity to do so much good around her.
Instead, she chose to convince investors to inject huge amounts of money, almost $1 billion, for about 12 to 15 years without showing any real progress. (Ramsdell, 2019)
although some of the investors were not the most ethical and fair people on this planet.

She spoke passionately about her concept which was only a concept.

And for our own curiosity, we should spend some time defining a concept. It is an abstract idea and due to its intangible character, in the business world, concepts should be worked on as much as possible within the scope of contemporary technology in order to meet customers’ needs. (Cambridge Dictionary, 2022)

Customers and investors are not the only stakeholders that businesses should be concerned about. With the increased attention on corporate social responsibility, it was clear that Theranos needed a strong ethic manifesto and commitment to design a machine capable of collecting, analysing and delivering accurate test results in a timely manner. (Chen, 2021)

So, it is not SMART to bring an unfinished machine on the market. Furthermore, the basics were missing in Theranos’ approach to entrepreneurship.

They did not even spend time on some sort of research that could be the way to understanding what gap was missing or already readily available in the marketplace. Can we expect to see a concept car getting approved for production without all the health and safety compliance checked?

But why do I care about this story?

The answer to this question is that Theranos used people’s desperation for fast blood testing, pain, and hopes for a better future to its advantage in order to gain funding.

Funding that the disabled community needs and could use adequately in cancer research or any other type of research related to incurable diseases, for that matter.

Many examples of neglected research areas which are underfunded came to my mind such as addiction diseases (www.medicalnewstoday.com, n.d.), domestic violence recovery (Domestic abuse charities can apply for vital funds, 2020), housing for homelessness (Homeless Link, n.d.), postpartum psychosis cure (NHS, 2021), depression and anxiety cure (NHS, 2021), people touched by hunger and food deserts (Brones, 2018), heart diseases cure (Conditions, 2020), malaria (WHO, 2021) and chikungunya (www.who.int, n.d.) cures to name a few.

This is why being a white female made Elyzabeth Holme at the top of the list for funding and rather than helping others, she indulged in counterproductive behavior and gave an ugly face to entrepreneurship.

Personally, I believe that too many white people have it too easy and pretend to be educated, intelligent and experts whilst others have a hard time getting noticed even when working really hard to achieve their goals and dreams.

Indeed, most Silicon Valley tech firms have less than 2% black employees and I was unable to find statistics on the percentage of disabled people being part of the workforce, so diversity-wise, it is mediocre. (Kim, n.d.,Wong, 2017)

This is not a sign of innovation but simply pure arrogance and an open display of discriminatory and racist behavior.
That is all for me today, I hope you did enjoy this video, and let me know what you think about the topic in the comment section. 
Thanks for listening and see you in the next video!
—————————————————————————————————————–
List of video and articles :

– Elizabeth Holmes: The ‘Valley of Hype’ behind the rise and fall of Theranos [documentary] – YouTube
– Theranos – Silicon Valley’s Greatest Disaster – YouTube
– The downfall of Elizabeth Holmes: Is the young billionaire going to jail? | 60 Minutes Australia – YouTube
– The spectre of Theranos looms large over the diagnostic world | WIRED UK
– Elizabeth Holmes Trial Witness Allegedly Went to Her House Last Month (businessinsider.com)
– Former Theranos exec Sunny Balwani convicted of 12 counts of fraud | Theranos | The Guardian
– Erika Cheung: Theranos, whistleblowing and speaking truth to power | TED :

– Tyler Shultz reacts to Elizabeth Holmes verdict – YouTube
– Widow of Theranos’ former chief scientist speaks out following Elizabeth Holmes’ conviction – YouTube
– Elizabeth Holmes SCANDAL – Body Language That Reveals The Lies – YouTube

Reference

– Academic-Writing.org (2017). Mark Zuckerberg and His Education. [online] Academic-Writing.org. Available at: https://academic-writing.org/blog/mark-zuckerberg-education/.

– Ramsdell, T. (2019). Theranos: A cautionary tale of ethics and entrepreneurship. [online] CU Denver Business School News. Available at: https://business-news.ucdenver.edu/2019/05/24/theranos-a-cautionary-tale-of-ethics-and-entrepreneurship/#:~:text=Over%20its%2012-15-year%20lifespan%2C%20Theranos%20raised%20almost%20%241 [Accessed 8 Sep. 2022].

-Cambridge Dictionary (2022). concept. [online] @CambridgeWords. Available at: https://dictionary.cambridge.org/dictionary/learner-english/concept [Accessed 8 Sep. 2022].

– Chen, J. (2021). Learn What Stakeholders Are and the Roles That They Play. [online] Investopedia. Available at: https://www.investopedia.com/terms/s/stakeholder.asp#:~:text=Key%20Takeaways%3A%201%20A%20stakeholder%20has%20a%20vested.

– Kim, E. (n.d.). What it’s like to be black in Silicon Valley. [online] Business Insider. Available at: https://www.businessinsider.com/being-black-in-silicon-valley-2016-7?r=US&IR=T#:~:text=Source%3A%20Medium%20In%20fact%2C%20according%20to%20the%20American [Accessed 8 Sep. 2022].

– Wong, J.C. (2017). Segregated Valley: the ugly truth about Google and diversity in tech. The Guardian. [online] 7 Aug. Available at: https://www.theguardian.com/technology/2017/aug/07/silicon-valley-google-diversity-black-women-workers.

– WHO (2021). WHO recommends groundbreaking malaria vaccine for children at risk. [online] www.who.int. Available at: https://www.who.int/news/item/06-10-2021-who-recommends-groundbreaking-malaria-vaccine-for-children-at-risk.

– www.who.int. (n.d.). WHO/BS/2022.2434: Collaborative Study to Evaluate a Candidate World Health Organization International Standard for Antibodies to Chikungunya Virus. [online] Available at: https://www.who.int/publications/m/item/who-bs-2022.2434 [Accessed 12 Sep. 2022].

– www.medicalnewstoday.com. (n.d.). Addictive disorders: Causes and reasons they may get worse. [online] Available at: https://www.medicalnewstoday.com/articles/323483#why-does-addiction-occur.

– Domestic abuse charities can apply for vital funds. (2020). gov.uk. [online] 7 May. Available at: https://www.gov.uk/government/news/domestic-abuse-charities-can-apply-for-vital-funds.

– Homeless Link. (n.d.). 2020 Annual review of single homelessness support in England. [online] Available at: https://homeless.org.uk/knowledge-hub/2020-annual-review-of-single-homelessness-support-in-england/ [Accessed 12 Sep. 2022].

– NHS (2021). Postpartum psychosis. [online] nhs.uk. Available at: https://www.nhs.uk/mental-health/conditions/post-partum-psychosis/.
– NHS (2021). Mental health. [online] nhs.uk. Available at: https://www.nhs.uk/mental-health/.

– Brones, A. (2018). Food apartheid: the root of the problem with America’s groceries. [online] the Guardian. Available at: https://www.theguardian.com/society/2018/may/15/food-apartheid-food-deserts-racism-inequality-america-karen-washington-interview.

– Conditions (2020). Conditions. [online] British Heart Foundation. Available at: https://www.bhf.org.uk/informationsupport/conditions.