Plain English with Derek Thompson The Elizabeth Holmes Trial With Rebecca Jarvis of 'The Dropout' Podcast
Dec 14, 2021
Rebecca Jarvis, ABC News chief business, technology, and economics correspondent, delves into the sensational trial of Elizabeth Holmes, founder of Theranos. She discusses the most jaw-dropping evidence presented, including cringeworthy text messages and dramatic courtroom moments. The trial's impact on women entrepreneurs and venture capital is explored, alongside the intricate relationship between Holmes and her former partner. Listeners will gain insight into the ethical dilemmas faced by witnesses and how perceptions of Holmes vacillate between visionary and fraud.
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Trial as Spectacle
- Elizabeth Holmes's trial drew crowds and media attention like a movie premiere.
- People even dressed up as Holmes, highlighting public fascination with her persona and the story.
The Icarus Plot
- The Elizabeth Holmes story is a perfect example of the "Icarus plot."
- An underdog rises dramatically and then falls spectacularly, which makes it narratively compelling.
Shifting Defense Strategy
- Rebecca Jarvis's interview with Sonny Balwani's lawyer, Jeffrey Coopersmith, revealed an initial denial of a consequential relationship between Holmes and Balwani.
- This contrasts sharply with the defense's later focus on their relationship.