4.6 • 18.7K Ratings
🗓️ 8 October 2024
⏱️ 41 minutes
🧾️ Download transcript
Lindsay sits down with Charles Duhigg, a Pulitzer Prize-winning journalist who covers the tech industry. The two explore why venture capitalists work to create monopolies, and whether these powerful investors bear responsibility for the failures at Theranos.
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0:00.0 | Wundry Plus subscribers can binge new seasons of American scandal early and ad free right now. |
0:05.7 | Join Wundry Plus in the Wundery app or on Apple Podcasts. |
0:09.3 | A listener note, this episode originally aired in 2021. From Wundry what I'm? In the Theranos grew into one of the most celebrated companies in Silicon Valley. |
0:55.0 | Founded by the young entrepreneur Elizabeth Holmes, |
0:58.0 | Theranos promised a revolution in medicine. |
1:01.0 | The company would offer inexpensive blood tests for a variety of health conditions. |
1:05.0 | These tests would only require a few drops of blood, and with their availability in stores like Walgreens, |
1:11.0 | millions of Americans would gain easy access to vital |
1:14.4 | information about their health. It was a grand vision, but Theranos would never |
1:19.4 | make good on this promise. The Wall Street Journal published a searing expose revealing problems with the company's technology and leadership. |
1:27.7 | The article would ultimately destroy Therinos and lead to criminal charges against Elizabeth Holmes. |
1:34.0 | Therinos became a national sensation, exposing a dark side of Silicon Valley, |
1:39.0 | where companies often abide by a fake it till you make it mentality. |
1:43.4 | It's a strategy that can help court investors, |
1:45.8 | but it's also led some to wonder |
1:47.5 | whether the tech industry needs to fundamentally change. |
1:51.0 | My guest today is Charles Duheg, an investigative journalist and the best-selling |
1:54.8 | author of The Power of Habit, which explores how we can change our lives by changing our |
1:59.3 | habits. He's also the author of Smarter, Faster, Better. |
2:03.0 | As a reporter, Duhig was part of a team that won a Pulitzer Prize in 2013 for a series that looked |
2:09.2 | at the global problems with the tech industry. Before becoming a reporter, |
2:13.2 | Duhig worked in private equity. In our conversation, we'll look at how |
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