12 episodes

Money. Romance. Tragedy. Deception. The story of Elizabeth Holmes and Theranos is an unbelievable tale of ambition and fame gone terribly wrong. How did the world’s youngest self-made female billionaire lose it all in the blink of an eye? How did the woman once heralded as “the next Steve Jobs” find herself facing criminal charges — to which she pleaded not guilty — and up to decades in prison? How did her technology, meant to revolutionize health care, potentially put millions of patients at risk? And how did so many smart people get it so wrong along the way? ABC News chief business, technology and economics correspondent Rebecca Jarvis, along with producers Taylor Dunn and Victoria Thompson, take listeners on a journey that includes a multi-year investigation. You'll hear exclusive interviews with former employees, investors, and patients, and for the first-time, the never-before-aired deposition testimony of Elizabeth Holmes, and those at the center of this story.
Starting August 31, 2021, in a series of new episodes, "The Dropout: Elizabeth Holmes on Trial" will take you inside the courtroom, breaking down the evidence and keeping score for both sides until 12 jurors decide the fate of the Theranos founder and new mother. Three years after she was first charged, we find out how this saga finally ends.

The Dropout ABC News

    • True Crime
    • 4.6 • 21.1K Ratings

Money. Romance. Tragedy. Deception. The story of Elizabeth Holmes and Theranos is an unbelievable tale of ambition and fame gone terribly wrong. How did the world’s youngest self-made female billionaire lose it all in the blink of an eye? How did the woman once heralded as “the next Steve Jobs” find herself facing criminal charges — to which she pleaded not guilty — and up to decades in prison? How did her technology, meant to revolutionize health care, potentially put millions of patients at risk? And how did so many smart people get it so wrong along the way? ABC News chief business, technology and economics correspondent Rebecca Jarvis, along with producers Taylor Dunn and Victoria Thompson, take listeners on a journey that includes a multi-year investigation. You'll hear exclusive interviews with former employees, investors, and patients, and for the first-time, the never-before-aired deposition testimony of Elizabeth Holmes, and those at the center of this story.
Starting August 31, 2021, in a series of new episodes, "The Dropout: Elizabeth Holmes on Trial" will take you inside the courtroom, breaking down the evidence and keeping score for both sides until 12 jurors decide the fate of the Theranos founder and new mother. Three years after she was first charged, we find out how this saga finally ends.

    Setting the Stage

    Setting the Stage

    Elizabeth, holding hands with her partner, Billy and her mother, Noel, breezes into the courthouse to hear opening statements in her financial fraud trial. The government and the defense set the stage, giving us a roadmap of how their sides of the case will unfold. The prosecution says this is a case about fraud, lying and cheating, while the defense paints a picture of an ambitious young woman trying to change the world. She made mistakes, they say, but didn’t break the law. And we hear from the case’s first witness: Theranos’ top ranking financial employee who has a lot to say about how Elizabeth may have misled investors.

    • 45 min
    The Jury

    The Jury

    This week, after 11th-hour bombshell allegations of abuse were revealed, we meet the seven men and five women who will ultimately be deciding Elizabeth Holmes’ fate. We take a peek inside the courtroom, and speak with some of the potential jurors who were dismissed. We’ll hear firsthand what Elizabeth’s demeanor is like in the courtroom, what the prosecution and defense appeared to be looking for in a jury, and details about who was actually chosen.

    • 29 min
    Bombshell

    Bombshell

    Today, after four postponements, a global pandemic and a baby, Elizabeth’s long-awaited trial finally begins with jury selection. With millions of pages of discovery, a potential witness list of more than 200, and nearly 4,000 exhibits, Elizabeth’s team of heavyweights has their work cut out. And at the 11th hour, the biggest bombshell yet -- Elizabeth’s team has alleged that she was subjected to a decade of physical, sexual and psychological abuse. How will this play for a jury? Will Elizabeth take the stand, and what are the chances of a conviction?

    • 49 min
    Where Have You Been, Elizabeth Holmes?

    Where Have You Been, Elizabeth Holmes?

    It’s been over three years since Elizabeth Holmes was charged with multiple counts of fraud. Once the youngest female self-made billionaire, she was poised to change health care forever. Now she faces decades in prison if convicted. What has Elizabeth been up to while the government has been building its case against her? The answer includes a trip to Burning Man, a new relationship and a baby born just over a month before her trial.

    • 43 min
    Introducing 'The Dropout: Elizabeth Holmes on Trial'

    Introducing 'The Dropout: Elizabeth Holmes on Trial'

    Starting Aug. 31, in a series of new episodes, "The Dropout: Elizabeth Holmes on Trial" will take you inside the courtroom, breaking down the evidence and keeping score for both sides until 12 jurors decide the fate of the Theranos founder and new mother. Three years after she was first charged, we find out how this saga finally ends. 

    • 3 min
    6. What Now?

    6. What Now?

    As Elizabeth Holmes awaits a criminal trial, how is she spending her days? A former employee who had a chance encounter tells us some surprising new details about just that, while an old classmate emerges to share some insight into her past. Plus former U.S. Attorney for the Southern District of New York, Preet Bharara shares his analysis on Elizabeth's potential legal fate...and then there's Balto.

    • 41 min

Customer Reviews

4.6 out of 5
21.1K Ratings

21.1K Ratings

drhackenbush1 ,

Excellent work

Elizabeth reminds me of “ABBY” from the 2010 movie “LET ME IN” a modern day vampire.

mags 34. ,

Sooo freakin good

You aren’t going to want to stop as soon as your start!! Such good reporting that keeps you interested the whole time! I have suggested it to many friends and they’ve all love it!!

Pickild123 ,

Long Time Holmes Skeptic

In the early 2010’s I was visiting a very successful business acquaintance. I respected his family values and his successful investment firm grown from the ground up. Long story short, he invested heavily after meeting her.

He was like a boy with a teenage crush. He’d speak about her brilliance. Her diet? Raw celery juice. She’s so special she doesn’t need sleep or food!! Her connections …. Not to name drop he’d say BUT George Schultz, Walmart heiress, Generals!!!! There is more…. Her selfless-rugged determination to change the world!! Her age!!!

He spoke of her as if she was baby Jesus himself, brought down from heaven in a Steve Jobs turtleneck. It was clear to me she surrounded herself by powerful older men whom she could easily manipulate.

Then later how his admiration turned to frustration… She refused to go public and the investors couldn’t recoup as she had led them to believe. Even then, with all his money in Theranos, he reasoned he’d make even more when she decided to go public. I didn’t see him after the WSJ expose. I didn’t see him when he had to tell his wife how much they had invested of their life savings.

She didn’t just hurt employees or consmers. She fleeced individuals with families. She robbed these men of their ability to trust. Ever. Again.

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