I'm sure this legal fight stressed his parents out, but in the end they obviously raised him right. What a sharp young person and a true sense of what's right -- and especially what's wrong.
This confuses me. His grandad has 50 million to investi in this company but his parents had to sell their house? It's crazy how much hold she had on that old man because he was clearly thinking with his downstairs brain.
Don't make a hero out of him. He is the nephew of former Secretary of State George Shultz, who was among the well connected that foolishly invested in Theranos. And sure to land on his feet anyway for blowing the whistle.
I would say that this is more of a practical move for him. Think - he already knows that the technology is not working, yet the company was doing all it could to convince people on the board, as well as consumers, whose lives would be put at stake for trusting error results coming from a faulty equipment, and making fatal health decisions... this has the impact to blow up really catastrophically.. and he knew it since day 4 of his time there. It means it's bloody basic obvious. So when, not if, when truth come to light, everyone involved from testing to selling this tech, will be implicated big time. What future would he be left with if he got implicated, but did not sound out? He'd rather be a hero than carry this on him and his future, is my feel. But i need to commend him on his resourcefulness, and i feel really bad for him and his parents that they have to be put through the financial strain to fight this. Going up against a reputable cooperation with powerful political and legal backing, It could so easily have gone the other way..
Actually, it was Erika Chueng that approached him about the fraud. She's the actual whistleblower. She's just been much quieter about it. He has hit every possible station.
@@B_Bodziak Correct .... it was her letter that prompted the CMS to go and do a site inspection. They found Siemens machines processing blood samples. Bingo.
@@B_Bodziak They're both whistle-blowers, because they talked to journalists to reveal the truth, behind the back of Elizabeth Holmes. They have both given many interviews and conferences. Erika Cheung also gave a TED talk.
Yawn,.. He's a vapid Nepotist who was more worried about his family's stake than solving problems. Ended up there because he has no life, apparently still doesn't, but waxes poetic-
I definitely agree....very great man. His parents may have lost their house, which I'm sure they would have survived, but many people would have lost their lives!!!
@@B_Bodziak There were actually several whistleblowers. His call to WSJ was extraordinarily helpful, partly because of emails he was able to smuggle out and because of the legal attacks against him.
@@B_Bodziak There are multiple whistleblowers. The most important one was actually a former lab director who was called to testify in the trial. That lab director was also WSJ reporter's main source but he requested anonymity. Erica Cheung indeed was the one who called CMS which shut Theranos down. Tyler reported Theranos to NY state regulators that regilates PT testing. NY regulators didn't follow up. All three talked to WSJ. Tyler Schultz is important to the WSJ reporter because who his grandfather is. The lab director remained anonymous. WSJ bosses wouldn't run such an big investigating report soley based on an anonymous source. Erica Cheung was a low-level employee. With his grandfather's name and position in Theranos, the reporter had an easier time to convince higher-ups that the story was credible and verified. WSJ was risking a huge defamation suit if it got this wrong. I think that's why John Carryrue gave a lot of credit to Tyler Schultz. Plus, that family drama between grandfather and grandson was movie-worthy. Erica Cheung and Tyler Schultz are good friends. They work together on business ethics project. They don't fight over credit. They took down Theranos together. No need to feel sorry for Erica Cheung. From what I heard, she's doing well.
@@jckung3914 It was Erika's letter to CMS that actually prompted the investigation. Erika is also the one who approached Tyler and told him about the fraud. She literally made him aware of it. Erika has just remained much quieter about her role. Tyler ended up taking the front seat on revealing the fraud to the WSJ, and because of who his grandfather was AND the financial amounts his GF not only personally contributed, but also all of the other influential people the GF pulled in that added additional monies to Theranos, Tyler's involvement (whistleblowing) with the WSJ lent more credibility to the proposed article(s). I don't think Erika receives enough credit. Without her approaching Tyler and "spilling her guts" to him, who knows what might have (or may have not) happened to Theranos.
Erika Cheung also tooka strong role in the revelation of Theranos. She came from a humble background and don't have the support of family. See her TED'S talk. They are so strong.
Erika has support of her family. Her father was the first person she called when she wanted to quit. She quit n went back to Hong Kong and lives there still.
Good point on how the court system is so costly to whistle blowers, no one can stand up to the corporate law team, our legal system is in need of reform on this.
@Ocasional Visitor you are correct, however that been happened. They sold our souls for commerce. America was suppose to be a free land. Instead it was gained by blood shed, build off slavery and then consumed by consumerism.
Evil thrives when good people do nothing. It's such a good thing that there are upright people willing to risk their life to expose bad people's wrongdoings. Tyler's parents raised him right. Kudos to him for not buckling under pressure because in the end, light prevails over darkness when he chose to do the ethical thing.
So true, Tyler's parents raised him with true loving-kindness for all people quite different than how Holmes' parents raised Elizabeth. Sometimes children that become adults pay the price for their parents. I believe all of the so-called 'noble' goals of Elizabeth developed within her family's disturbing business plan to get their name 'known' and reinstated among the elite with oodles of slimy wealth attached.
Red Flags? High profile Board. High profile investors. Billion dollar appraisal. Not suggesting anything. Who made 💰 who lost 💰 and whose health was affected by lab tests? Blood skank didn't lose money and no doubt her lab test for her personal health was done elsewhere.
I wonder why he doesn't credit Erika Cheung? Without family connections and wealth that Tyler had, she took the greatest risk. th-cam.com/users/results?search_query=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DvMQlj9TZQfE I guess integrity has its limits.
And this is why Elizabeth and Sunny need to go to jail: for putting a whistleblower like Tyler through so much mental anguish that he actually contemplated suicide. The actual fraud is important, but secondary to the danger to patients and guys like Tyler.
Very well said. The surveillance, atmosphere of distrust, lack of transparency, and the ultimate threat of lawsuits and financial ruin must have been devastating for Tyler Schultz & many Theranos employees. That’s psychological abuse of the worst kind. And the Theranos lawsuit didn’t address it.
Sad to say, he is the type of individuals they FIGHT HARD to PREVENT from entering our Government! Case & Point, observe how corrupt & rotten the DNC is, how LOYAL the Republicans are to a dumb, inexperience & unprofessional azz like Trump! They've stole 2 Presidential Primary's from Bernie, and how hard the work to prevent true Progressives from winning Seats! Our Government is 80% Rotten to its Core, and its how they want to KEEP IT!
@@rebeccajohnson8579 Totally correct, Rebecca. Comparatively, the Central Committee of the Communist Party of China appears to be more dedicated to the interests of the grassroots of society than does this charade of a 2 party system that is financed by the same oligarchs. Listen to the Audible recording: twitter.com/JohnCarreyrou/status/1291209307367919616?s=20
Alan Blanes CCP may be the right type of govt for mainland china people, but its defintely not right for hongkong people. By imposing its will, CCP is the same as US trying to convert middle east into democratic countries. It will end bad.
When you have multi-millionaires/Billionaires NAMES attached to a Project, you can literally get away with MURDER! These are the THUGS whom run & control America behind closed doors! Heck observe whose in the Oval Office, when we know, Trump should not be allowed to clean the bathrooms there, with his DOCUMENTED CRIMINAL HISTORY! Shouldn't this fact, be an eye opener for all the World to see, especially AMERICANS!!!!
He was prepared to bankrupt his parents in order to fight the fight and do the right thing.. against an overwhelmingly unfair court and legal system (and his own grandfather). And people were prepared to break him down to pieces just so they could make a buck (even if it meant people could die). I'm so sickened by the US society
What an enormously courageous individual! I can't imagine going against the wishes of ones family and grandfather. His parents lost their house! This man is who society should be looking up to.
I am not sure if Tyler's parents actually did lose their house? I think it was prevented. They did pay "more than US$400,000" for Tyler's attorneys, as John Carreyrou mentioned in his book.
Case of mass hypnotism. Trump also makes his supporters believe the unbelievable no matter how ridiculous. Amazed Tyler became suicidal. His parents behaved shamefully.
and practical. He knew this would come to truth one day, and blow up really majorly for everyone involved. Shouting about it early to claim that he's not involved will earn him a immunity one day. But what i want to commend him on is the lengths he went to let this truth come to surface, government and then to the press. He was resourceful enough to go for THE reporter who would carry this story.
Give this young man an award for scientific integrity! The issue is that all scientists work on an honour system and there are always bad apples. Of course usually peer review and ongoing research takes care of bunk science, but when industry is involved that process is often bypassed.
Yeah it's heartbreaking...I would hold grudge for so long...he had to fight in court against theranos and it cost him and his family 500K dollars....heartbreaking I hope his grandfather thanked him in hiw will before dying!!
@10:46 Sounds like his parents weren't too keen on what he was doing either. Yes, they supported his effort materially, but the lack of moral support definitely killed him.
I'm 69 and with all I see in younger people these days this guy gives me hope. There are younger people that are smart and have morals and a backbone. We hear more about those who don't have this. Thank you Adam, you give me hope.
It is "interesting" how Tyler is the one who stood up when there are so many scientists who must know the same thing but choose to not say anything. Love to see someone so young to be able to have the confidence to withstand all the pressure and do the right thing.
He was also the grandson of somebody on the board. I don’t think he expected that his grandfather would not believe in him. But yes he was brave even though.
"it was difficult to reconcile between what I was seeing and what she was telling me" cognitive dissonance that narcissists use to keep you in their control.
Oddly enough, Tyler being accused of sharing Theranos’ trade secrets...that didn’t exist. It seems that a legal argument about falsely accusing Tyler about violating any non-disclosure agreements can reclaim attorney fees. Good job, Tyler!
The grandfather meets the grandson with lawyers present and after everything is out in the open says he is sorry that his grandson had bad experiences at the company! The parents must the really good and have broken the family cycle really well to raise a good man
I don’t understand why the grandfather would not at least be open to his own grandsons experiences over Holmes. It sounded like they all wanted it to work but he spoke truth to power, probably losing his relationship with his grandpa. Sometimes your principles are more important than even family.
Thank you Tyler! As a senior I have to rely on tests to help me maintain life. You are a brave person, and I want to say it's possible you have actually saved lives! Walgreens certainly bought into the scam!! I hope if I questions from my great grandson that I will have the good sense to listen to him!
@10:46 The part where his parents begged him to give up the fight really hits me. Yes, it's pretty understandable that they were worried about losing their house, but I imagine he was thinking that even though he was doing the right thing, he wasn't even getting moral support from his own family. There's no other kind of loneliness that compares to that.
On another video, a host pointed out that the difference between her and Jobs is that she insisted on being the visionary and the expert. Jobs freely admitted that his success was due to having smarter people than him work out his vision.
It's ironic that we have a name for truthtellers. We call them "whistleblowers." Our government allows public officials and corporations to retaliate against wbers. It takes grit to speak truth to power. I commend Tyler for his courage and resilience.
Read the Forbes article about me.... your tax dollars at work Still ongoing... still covered up I'm a vet and a nurse. My son just got back from the middle east VA destroyed my life.... nobody cares.....13 years..... fight.
@@bendobson216 thank you for protecting our vets. Contact Tom Devine government accountability project. Join forces with organizations that fight for our vets. I'm sorry for what you had to endure. We don't have a country. It's a corporation.
As someone who has a background in diagnostic technology I was most interested in what he had to say about the Theranos equipment itself which I hadn't heard before. It was nothing. Inside these little boxes was no new technology, actually not much technology at all, just a little robotic arm and an apparently rudimentary optical reader device. On a technical design level these people at Theranos were ignorant and backward aside from being financial frauds.
Mr. Shultz was born mid-1994. He was six years old when the dot com bubble burst. I've worked at start-ups and tech related companies and I've been a skeptic. When landlords want $1,000,000 just to *show* you a lease and squatters want another million for a domain name, you know when the tulips are blossoming. No way in hell would I have fallen for that wench's brew.
15:30 In summation: This is one of the end products or perhaps a side effect of a for profit health care system. Either way, it is a result of the system that bred it. You see it in corporate naughtiness all across the spectrum.
No, they're much worse than that. They're not delusional. They're sociopaths who know what they're doing, and don't care the damage they do as long as they can defraud people of millions of dollars. There are almost no penalties for white collar crime in this country....
We've lost our entire medical and pharma industries to limitless greed (fear)! End citizens united, get ALL money our from controlling our sold out politicians and launch universal education and universal healthcare worldwide.
A lot of people like George Shultz wanted the Theranos story to be true because it made them part of something greater ansd amazing. Once you get a few people like that drinking the coolaid, it snowballs because everyone else looks at who else is involved and says this must be legit.
That's what Trump did. Medication that cost a $120 a bottle went down to $15 under Trump. He did say that he knows he's stepping on the toes of a lot of very rich people.
We can be very grateful for Tyler to fight fraud, lies, the establishment and his own grandfather for the sake of seeking truth and to prevent corruption and possible deaths. The establishment will do anything for power and money. Our military is no different.
I read Bad Blood by the WSJ reporter mentioned, John Carreyrou. There is so much more to this story and the toxic culture of the company. This interview does it no justice. I am guessing because they have not had their day in court Tyler Schultz may not be able to speak to many of the things that happened. It is a fascinating yet disturbing story.
They made a mistake; they hired a competent worker with a conscience. Elizabeth Holmes sounds like a garden variety conman, who harmed a lot of people with mistaken test results, and will suffer no real penalties for it. Instead, she'll keep most of the money she defrauded people of. She should be in prison for 20 years.....
Alright, Tyler, glad you did it without your granddad in mind; not the usual behavior of someone with a famous relative. No comment on politics, just glad you spoke up. You are right about how the way you see people changes once you know who they are. Profound. I think most people can think of an example of someone like that they knew.
I'm not indicating that these people who got influenced by Holmes are shallow, but I do believe that if Elizabeth were not this beautiful, she wouldn't be able to convince so many people like this.
Good for you Tyler! You did the right thing and it took strength to stand up to your family and do what was right, above everything. Thank you for your sacrifice for the good of us all.
It’s the same problem in a lack of basic ground floor common sense outlooks on what is and is not possible from a scientific standpoint. I think we all have been over conditioned to believe in the advances of technology being a panacea for humanity to solve our problems. Sometimes it’s more effective and ethical to enact behavioral changes than inventing a shinier wheel.
From what he is saying she still has millions,despite her company losing all value. He should be able to sue her to recoup his money and also for the relaitory practies she engaged in.Tyler and Erika Cheung are heros. Amazing what they did at their age . What were they 23 when this started.? They went through hell.
Next up: Trump pardons her and puts her in charge of the FDA. If she gives him a huge donation, and maybe some private Stormy Daniels time, watch it happen....
I'd like to know what his grandfather has to say about how he felt once he finally believed what his grandson; and how their relationship is now. I'd like to hear his voice.
Walgreens did business with Theranos anyway against the advice of their own expert---so how is Walgreens also not to blame? They didn't even use microfluidic technology---it was just a pipette controlled by a robotic arm. 2 Million for Tyler's legal fees. Why should telling the truth have a cost?
We can take some pleasure from the fact that Theranos' law firm, Boies Schiller, took stock (now worth nothing) in lieu of payment for their terrible and immoral role in all of this.
I think they all got conned because they believed in her based on what others said about her. I mean, she got a deal with Walgreens, ffs. I understand why some people went along with her.
Can we all make it known that it was Erika Chueng who approaches Tyler abt it and she also she is the one who wrote the letter to the state regulators.
Good interview- thank you for sharing. This was more than fate. Tyler, you made the right decision. Think of all the lives you saved. Always be true to yourself no matter who you are related to... Thanks for your courage.
After watching this, my opinion of Secretary of State George Shultz is destroyed. The simple fact that an old man would place a criminal first over his own grandson says a lot about the state of the US and where are our priorities are as a nation. Sad.
wow how terrifying that people want to take their lives because they tell the truth while others have money and power to keep their lies. I understand his point its different if you see somebody in media or if you work for somebody and be confronted in person by this person. You see things differently. I like how honest he is with himself making those mistakes. I hope he is fine now.
Phew!!! What a hero, a young man whose integrity is impeccable. It also reveals the fact that his grandfather would not have put one cent of his considerable wealth on the line in order to investigate, whereas Tyler’s father faced real risk of financial ruin in the event of Tyler’s case not being upheld. Of course grandfather was on the board!!
Good job Tyler, so young and so talented. Your parents should and I'm sure are very proud of your courage, work ethic and morals. I know this was a very difficult thing to do seeing that Elizabeth had everybody convinced in her lies and deception. To think that even your grandfather was taking her side over yours. Outrageous!! The best to you in your future endeavors, you will make an honest and wonderful boss to work for.
Ruper Murdoch should also be applauded for allowing the story by John Carreyrou, which first exposed Holmes, to be printed by wall st journal which is owned by Murdoch. Murdoch invested 150m dollars in Theranos and Holmes asked Murdoch to kill the story but Murdoch to his credit allowed the story to go ahead.
Most people have no idea how stressful being in a lawsuit can be, especially when you could potentially financially ruin your whole family. I have no doubt about his suicide claim.
Dude, I so appreciate you. And going back to that place day after day knowing what you knew is understandable, sounds like you tried to believe it was on the up and up, but in due time realized and, thank God, knew it was fraud and you acted. And you went to the New York Times, brilliant. When people love money and power more then valuing people it will be the death of poor people.
Isn’t it fascinating how only men get mentioned when women have done the exact same thing? Erica Cheung was at least as much involved in bringing Theranos down as a whistleblower as Tyler Schulz.
And yet people and experts still ask victims of domestic violence or kidnapping why, if they saw the chance, didn't they leave??? I've always hated this question because it should no longer BE questioned. Perfect example here, these employees etc. had their complete freedom, saw all the red flags, tried to alert others for help, yet they kept going to work everyday. Because they were falsely illusioned, fell for the power of suggestion and a fake voice??? None of which are threats to your life. But a REAL victim who faces ACTUAL threats & psychological damage are judged: "Why didn't you just leave him/her?" WTF🤷🤦
“It’s an amazing vision.” It’s weird that so many people seem willing to give Elizabeth Holmes credit just for having a wonderful “vision.” I have a vision of something the size of a penny that lets you fly anywhere you want to, with zero energy cost and zero pollution. My vision is not scientifically possible- not unlike Elizabeth Holmes’. But I have this great vision. Of course, I haven’t yet managed to convince rich people to give me a billion dollars to develop my vision. But hey, it’s still a fantastic vision.
The lesson to be drawn here is that we should prioritize due diligence in business, even if it is someone we know, trust or a relative. We should not just assume that someone is the real deal with no receipt.
Big investors rarely do DD especially family offices. They really wanted to believe the story. It was sold as a SV tech venture - in reality it was a medical play - which means a regulated industry. Too late, the dream was sold.
He is getting a lot of credit for being 1 of many who reported them. Kudos for him but he is getting all of the attention because of who is grand father is
In my opinion the board is just a guilty. To be this willfully ignorant as to avoid red flag after red flag and just simply take a young, inexperienced person’s word for how things are going is beyond reckless. They received hundreds of complaints and resignations over the years. Makes me think the board was willing to go with it and simply threw Elizabeth under the bus when they could no longer keep up the charade.
![[#2024MAMA] G-DRAGON - 무제(Untitled, 2014)+POWER+HOME SWEET HOME+뱅뱅뱅+FANTASTIC BABY | Mnet 241123 방송](http://i.ytimg.com/vi/Ox29z5Nf1Uk/mqdefault.jpg)
I'm sure this legal fight stressed his parents out, but in the end they obviously raised him right. What a sharp young person and a true sense of what's right -- and especially what's wrong.
for more truth on scandals, go 2 YT chan: You're Kiddin', Right? Karen Davis is stunning
This confuses me.
His grandad has 50 million to investi in this company but his parents had to sell their house?
It's crazy how much hold she had on that old man because he was clearly thinking with his downstairs brain.
Don't make a hero out of him.
He is the nephew of former Secretary of State George Shultz, who was among the well connected that foolishly invested in Theranos. And sure to land on his feet anyway for blowing the whistle.
I would say that this is more of a practical move for him. Think - he already knows that the technology is not working, yet the company was doing all it could to convince people on the board, as well as consumers, whose lives would be put at stake for trusting error results coming from a faulty equipment, and making fatal health decisions... this has the impact to blow up really catastrophically.. and he knew it since day 4 of his time there. It means it's bloody basic obvious. So when, not if, when truth come to light, everyone involved from testing to selling this tech, will be implicated big time. What future would he be left with if he got implicated, but did not sound out?
He'd rather be a hero than carry this on him and his future, is my feel.
But i need to commend him on his resourcefulness, and i feel really bad for him and his parents that they have to be put through the financial strain to fight this. Going up against a reputable cooperation with powerful political and legal backing, It could so easily have gone the other way..
LOL, he is trying to make news, money and be popular and you fell for it.
Tyler is a hero for the ages. Saved millions of lives from Theranos crackpot with his courage alone
Actually, it was Erika Chueng that approached him about the fraud. She's the actual whistleblower. She's just been much quieter about it. He has hit every possible station.
@@B_Bodziak Correct .... it was her letter that prompted the CMS to go and do a site inspection. They found Siemens machines processing blood samples. Bingo.
@@B_Bodziak They're both whistle-blowers, because they talked to journalists to reveal the truth, behind the back of Elizabeth Holmes. They have both given many interviews and conferences. Erika Cheung also gave a TED talk.
I agree. This guy with such an impressive pedigree could have easily turned him into an entitled BRO type and he is the opposite.
He is a man of integrity. His family should be proud of him.
Extreme integrity 👏
I would be proud
Yawn,.. He's a vapid Nepotist who was more worried about his family's stake than solving problems. Ended up there because he has no life, apparently still doesn't, but waxes poetic-
And so handsome too :)
I definitely agree....very great man. His parents may have lost their house, which I'm sure they would have survived, but many people would have lost their lives!!!
Out of everyone doing book and promotional tours, this guy deserves every penny.
The real whistleblower regarding theranos is Erika Chueng not Tyler.
@@B_Bodziak There were actually several whistleblowers. His call to WSJ was extraordinarily helpful, partly because of emails he was able to smuggle out and because of the legal attacks against him.
@@B_Bodziak There are multiple whistleblowers. The most important one was actually a former lab director who was called to testify in the trial. That lab director was also WSJ reporter's main source but he requested anonymity.
Erica Cheung indeed was the one who called CMS which shut Theranos down. Tyler reported Theranos to NY state regulators that regilates PT testing. NY regulators didn't follow up.
All three talked to WSJ. Tyler Schultz is important to the WSJ reporter because who his grandfather is. The lab director remained anonymous. WSJ bosses wouldn't run such an big investigating report soley based on an anonymous source. Erica Cheung was a low-level employee. With his grandfather's name and position in Theranos, the reporter had an easier time to convince higher-ups that the story was credible and verified. WSJ was risking a huge defamation suit if it got this wrong. I think that's why John Carryrue gave a lot of credit to Tyler Schultz. Plus, that family drama between grandfather and grandson was movie-worthy.
Erica Cheung and Tyler Schultz are good friends. They work together on business ethics project. They don't fight over credit. They took down Theranos together. No need to feel sorry for Erica Cheung. From what I heard, she's doing well.
@@jckung3914 It was Erika's letter to CMS that actually prompted the investigation. Erika is also the one who approached Tyler and told him about the fraud. She literally made him aware of it. Erika has just remained much quieter about her role. Tyler ended up taking the front seat on revealing the fraud to the WSJ, and because of who his grandfather was AND the financial amounts his GF not only personally contributed, but also all of the other influential people the GF pulled in that added additional monies to Theranos, Tyler's involvement (whistleblowing) with the WSJ lent more credibility to the proposed article(s).
I don't think Erika receives enough credit. Without her approaching Tyler and "spilling her guts" to him, who knows what might have (or may have not) happened to Theranos.
Erika Cheung also tooka strong role in the revelation of Theranos. She came from a humble background and don't have the support of family. See her TED'S talk. They are so strong.
She's friend of Tyler also, they both tried to convince his grandpa too but failed. 😀
Very impressed with Erika (and Tyler, too!)
Erika has support of her family. Her father was the first person she called when she wanted to quit. She quit n went back to Hong Kong and lives there still.
@@yelena7997 Thank you. Good to know.
@@yelena7997 she was back in San Jose to testify against Sunny Balwani in his trial. I don’t remember if she testified in Holmes’ trial…
Good point on how the court system is so costly to whistle blowers, no one can stand up to the corporate law team, our legal system is in need of reform on this.
@Ocasional Visitor you are correct, however that been happened. They sold our souls for commerce. America was suppose to be a free land. Instead it was gained by blood shed, build off slavery and then consumed by consumerism.
That's true
That smiling all the time despite all what he has gone through shows a very positive outlook of his personality :)
Yeah comes across ra eally good friend to have
Evil thrives when good people do nothing. It's such a good thing that there are upright people willing to risk their life to expose bad people's wrongdoings. Tyler's parents raised him right. Kudos to him for not buckling under pressure because in the end, light prevails over darkness when he chose to do the ethical thing.
So true, RL, for another unfolding scandal go to YT chan: You're Kiddin', Right? Karen Davis is stunning
So true, Tyler's parents raised him with true loving-kindness for all people quite different than how Holmes' parents raised Elizabeth. Sometimes children that become adults pay the price for their parents. I believe all of the so-called 'noble' goals of Elizabeth developed within her family's disturbing business plan to get their name 'known' and reinstated among the elite with oodles of slimy wealth attached.
Red Flags? High profile Board. High profile investors. Billion dollar appraisal. Not suggesting anything. Who made 💰 who lost 💰 and whose health was affected by lab tests?
Blood skank didn't lose money and no doubt her lab test for her personal health was done elsewhere.
You guys should put a link to Tyler's podcast. He is a true hero and likely saved lives
Unreal what Tyler had to endure at the claws of Holmes and her corrupt, mob like lawyers.
He indeed saved many lives millionfold...
What is the name of podcast? I cannot locate it
I wonder why he doesn't credit Erika Cheung? Without family connections and wealth that Tyler had, she took the greatest risk. th-cam.com/users/results?search_query=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DvMQlj9TZQfE
I guess integrity has its limits.
@@camplethargic8 did he quote her? It sounded like he was speaking to his own experience and there's no need to cite her at all in that case.
I truly admired this young man, he has courageous and is willing to fight for what he believes is true. I hope Elizabeth gets what she deserves.
And this is why Elizabeth and Sunny need to go to jail: for putting a whistleblower like Tyler through so much mental anguish that he actually contemplated suicide. The actual fraud is important, but secondary to the danger to patients and guys like Tyler.
And one of the company people subpoenaed actually did commit suicide.
@@MamaMia.... Ian Gibbons
Very well said. The surveillance, atmosphere of distrust, lack of transparency, and the ultimate threat of lawsuits and financial ruin must have been devastating for Tyler Schultz & many Theranos employees. That’s psychological abuse of the worst kind. And the Theranos lawsuit didn’t address it.
Tyler's grandfather was worth 10 million when he died this year. He should have paid all of Tyler's legal fees
How do you know he didn’t?
I think he did end up supporting his legal costs
His parents paid his $500,000 legal fees.
Just because he was a Secretary of State does not mean he was smart all around.He wasn’t
His grandfather had led a number of high-level investors into Theranos...no wonder he wasn't eager to listen.
Schultzy was a crook in the end and threw his own grandson under the bus. Pathetic!
This is the kind of guy that should be in the government.
Sad to say, he is the type of individuals they FIGHT HARD to PREVENT from entering our Government! Case & Point, observe how corrupt & rotten the DNC is, how LOYAL the Republicans are to a dumb, inexperience & unprofessional azz like Trump! They've stole 2 Presidential Primary's from Bernie, and how hard the work to prevent true Progressives from winning Seats! Our Government is 80% Rotten to its Core, and its how they want to KEEP IT!
@@rebeccajohnson8579 Totally correct, Rebecca. Comparatively, the Central Committee of the Communist Party of China appears to be more dedicated to the interests of the grassroots of society than does this charade of a 2 party system that is financed by the same oligarchs. Listen to the Audible recording: twitter.com/JohnCarreyrou/status/1291209307367919616?s=20
Alan Blanes CCP may be the right type of govt for mainland china people, but its defintely not right for hongkong people. By imposing its will, CCP is the same as US trying to convert middle east into democratic countries. It will end bad.
@@alanblanes2876 CCP is just as bad as the american government. There is nothing good about them at all.
I'm amazed with how hard it was to expose this company. No one wanted to see it.
When you have multi-millionaires/Billionaires NAMES attached to a Project, you can literally get away with MURDER! These are the THUGS whom run & control America behind closed doors! Heck observe whose in the Oval Office, when we know, Trump should not be allowed to clean the bathrooms there, with his DOCUMENTED CRIMINAL HISTORY! Shouldn't this fact, be an eye opener for all the World to see, especially AMERICANS!!!!
He was prepared to bankrupt his parents in order to fight the fight and do the right thing.. against an overwhelmingly unfair court and legal system (and his own grandfather).
And people were prepared to break him down to pieces just so they could make a buck (even if it meant people could die). I'm so sickened by the US society
Grandpops was prepared to bankrupt his children.
@@Cocobrown4u what a nightmare grandfather. Terrible betrayal.
Should have pissed over his Grandads grave, he didn't even apologise when proven wrong! What a disgraced politian.
He did the right thing and made such adult decisions. What a great kid with a brilliant future.
What an enormously courageous individual! I can't imagine going against the wishes of ones family and grandfather. His parents lost their house! This man is who society should be looking up to.
I am not sure if Tyler's parents actually did lose their house? I think it was prevented. They did pay "more than US$400,000" for Tyler's attorneys, as John Carreyrou mentioned in his book.
Nope. house kept.
Tyler is the whole package. Adorable, brilliant and most importantly, with a strong moral compass.
Yeah, and Colin Farrell can play him int he movie
Case of mass hypnotism. Trump also makes his supporters believe the unbelievable no matter how ridiculous. Amazed Tyler became suicidal. His parents behaved shamefully.
and practical. He knew this would come to truth one day, and blow up really majorly for everyone involved. Shouting about it early to claim that he's not involved will earn him a immunity one day. But what i want to commend him on is the lengths he went to let this truth come to surface, government and then to the press. He was resourceful enough to go for THE reporter who would carry this story.
Give this young man an award for scientific integrity! The issue is that all scientists work on an honour system and there are always bad apples. Of course usually peer review and ongoing research takes care of bunk science, but when industry is involved that process is often bypassed.
Poor Tyler, he must have been really hurt when his own Grandpa didn’t believe him.🥺
Yeah it's heartbreaking...I would hold grudge for so long...he had to fight in court against theranos and it cost him and his family 500K dollars....heartbreaking I hope his grandfather thanked him in hiw will before dying!!
And lured him into an attempted ambush by Theranos' lawyers with the promise of a one-on-one talk with his grandson. Nice, George.
@10:46 Sounds like his parents weren't too keen on what he was doing either. Yes, they supported his effort materially, but the lack of moral support definitely killed him.
@@anissadiraa5310 that grandfather probably invested a ton in this company.
He better pay for those legal fees.
@@galaxytrio thats disgusting
They say your eyes are the windows to your soul. If you compare Tyler’s eyes with Elizabeth’s I’m happy that at least this time the good guys won.
Yes, in this day and age, it's awesome to see the good come out on top!
I'm 69 and with all I see in younger people these days this guy gives me hope. There are younger people that are smart and have morals and a backbone. We hear more about those who don't have this. Thank you Adam, you give me hope.
It is "interesting" how Tyler is the one who stood up when there are so many scientists who must know the same thing but choose to not say anything. Love to see someone so young to be able to have the confidence to withstand all the pressure and do the right thing.
He was also the grandson of somebody on the board. I don’t think he expected that his grandfather would not believe in him. But yes he was brave even though.
"it was difficult to reconcile between what I was seeing and what she was telling me"
cognitive dissonance that narcissists use to keep you in their control.
Same as domestic abusers -- try to convince the victim s/he is crazy and brought it on her/himself.
Oddly enough, Tyler being accused of sharing Theranos’ trade secrets...that didn’t exist. It seems that a legal argument about falsely accusing Tyler about violating any non-disclosure agreements can reclaim attorney fees. Good job, Tyler!
Tyler thank you for your courage. Please think about a role in government as we could use someone with your experience.
Read the Forbes article about me, same crap, still ongoing.
Your tax dollars at work.
Please don't, he's to good for government. That company nearly broke his spirit, government surely will.
Tyler Shultz, you are a true hero!!! God bless you so much!!! Thank you for your integrity, you make our world a better place.
The grandfather meets the grandson with lawyers present and after everything is out in the open says he is sorry that his grandson had bad experiences at the company! The parents must the really good and have broken the family cycle really well to raise a good man
I don’t understand why the grandfather would not at least be open to his own grandsons experiences over Holmes. It sounded like they all wanted it to work but he spoke truth to power, probably losing his relationship with his grandpa. Sometimes your principles are more important than even family.
Thank you Tyler! As a senior I have to rely on tests to help me maintain life. You are a brave person, and I want to say it's possible you have actually saved lives! Walgreens certainly bought into the scam!! I hope if I questions from my great grandson that I will have the good sense to listen to him!
@10:46 The part where his parents begged him to give up the fight really hits me. Yes, it's pretty understandable that they were worried about losing their house, but I imagine he was thinking that even though he was doing the right thing, he wasn't even getting moral support from his own family. There's no other kind of loneliness that compares to that.
Very true
Hang in there, Tyler! It's people like you and Erika who make my life worth living.
Tyler...I applaud you for standing firm.
On another video, a host pointed out that the difference between her and Jobs is that she insisted on being the visionary and the expert. Jobs freely admitted that his success was due to having smarter people than him work out his vision.
… and Jobs was very competent at his job, too! She wanted the admiration that Jobs had, without being in any way competent.
Hearing so much about manipulative narcissists lately.
they're everywhere, especially in workplaces
This guy is incredibly smart and genuine. That had to have been an extremely tough battle to face going up against so many powerful people.
It's ironic that we have a name for truthtellers. We call them "whistleblowers." Our government allows public officials and corporations to retaliate against wbers. It takes grit to speak truth to power. I commend Tyler for his courage and resilience.
Read the Forbes article about me.... your tax dollars at work
Still ongoing... still covered up
I'm a vet and a nurse. My son just got back from the middle east
VA destroyed my life.... nobody cares.....13 years..... fight.
@@bendobson216 thank you for protecting our vets. Contact Tom Devine government accountability project. Join forces with
organizations that fight for our vets. I'm sorry for what you had to endure. We don't have a country. It's a corporation.
God, yes, it takes a LOT OF GRIT, fortitude.
An accomplished, female scientist I know and right from the start had one word for anyone who invested in the company: "Idiots."
'If it sounds too good to be true...'
thank God for heroes like you💜
As someone who has a background in diagnostic technology I was most interested in what he had to say about the Theranos equipment itself which I hadn't heard before. It was nothing. Inside these little boxes was no new technology, actually not much technology at all, just a little robotic arm and an apparently rudimentary optical reader device. On a technical design level these people at Theranos were ignorant and backward aside from being financial frauds.
Mr. Shultz was born mid-1994. He was six years old when the dot com bubble burst. I've worked at start-ups and tech related companies and I've been a skeptic. When landlords want $1,000,000 just to *show* you a lease and squatters want another million for a domain name, you know when the tulips are blossoming. No way in hell would I have fallen for that wench's brew.
He was born in 1992 I believe. He’s either 31 or 32 now.
@@CamilaSaurus 29, I'm 31 and I was born on Oct 1990.
@@adeel-eh7xq ah yeah you might be right, he could be 29 or 30 depending on if he was born before April or not
15:30 In summation: This is one of the end products or perhaps a side effect of a for profit health care system. Either way, it is a result of the system that bred it. You see it in corporate naughtiness all across the spectrum.
The greed of CEOs is overwhelming. Take the rich's money and run with it. Theyre dillusional!!
No, they're much worse than that. They're not delusional. They're sociopaths who know what they're doing, and don't care the damage they do as long as they can defraud people of millions of dollars. There are almost no penalties for white collar crime in this country....
@@maskedmarvyl4774 thats right. Collapse the corporation and start a new one. Repeat.
We've lost our entire medical and pharma industries to limitless greed (fear)! End citizens united, get ALL money our from controlling our sold out politicians and launch universal education and universal healthcare worldwide.
He is such an amazing guy, and always modest and upbeat. There couldn't be a better whistleblower and villain as he and Elisabeth Holmes.
A lot of people like George Shultz wanted the Theranos story to be true because it made them part of something greater ansd amazing. Once you get a few people like that drinking the coolaid, it snowballs because everyone else looks at who else is involved and says this must be legit.
Bingo. He also convinced friends and colleagues to invest millions, as well. He had a lot to lose.
Just another great example of why the pharmaceutical industry needs to be de-capitalized. It shouldn’t run like this.
Yes!
and who would produce pharmaceuticals? The state? This is a bad example of crony capitalism, Backed up by the state!
Nonsense. This case just argues for better regulation. They should not have been able to put the equipment into the field, because it didn’t work.
That's what Trump did. Medication that cost a $120 a bottle went down to $15 under Trump. He did say that he knows he's stepping on the toes of a lot of very rich people.
He is smart, he is brave, he is courageous and he is handsome. A total package
This young man has courage!
We can be very grateful for Tyler to fight fraud, lies, the establishment and his own grandfather for the sake of seeking truth and to prevent corruption and possible deaths. The establishment will do anything for power and money. Our military is no different.
I read Bad Blood by the WSJ reporter mentioned, John Carreyrou. There is so much more to this story and the toxic culture of the company. This interview does it no justice. I am guessing because they have not had their day in court Tyler Schultz may not be able to speak to many of the things that happened. It is a fascinating yet disturbing story.
They made a mistake; they hired a competent worker with a conscience. Elizabeth Holmes sounds like a garden variety conman, who harmed a lot of people with mistaken test results, and will suffer no real penalties for it. Instead, she'll keep most of the money she defrauded people of. She should be in prison for 20 years.....
She will appeal and get less than 3 years because she is well connected.
Tyler is ranked in the top 5 of my Hero list. I will always come back to this video whenever I feel like I need inspiration.
Why does everyone leave out the fact that her dad was an executive at ENRON?
This is a very applicable video at this time! Thank you!
"Courage is the virtue that makes all other virtues possible."
------------Winston Churchill
I liked his point that the view of peoples' traits change once the truth is known.
THANKs Tyler✊ OMG 2020🤕 If someone convince you to believe absurdities, they can convince you to create atrocities~~Voltaire
Interesting quote. Certainly relevant today
Wow! Nothing but truth in that quote.
This guy has a fantastic head on his shoulder, an incredibly healthy attitude towards things, and a really sound soul.
i agree
Alright, Tyler, glad you did it without your granddad in mind; not the usual behavior of someone with a famous relative. No comment on politics, just glad you spoke up. You are right about how the way you see people changes once you know who they are. Profound. I think most people can think of an example of someone like that they knew.
I'm not indicating that these people who got influenced by Holmes are shallow, but I do believe that if Elizabeth were not this beautiful, she wouldn't be able to convince so many people like this.
Beauty is in the eye of the beholder.
Good for you Tyler! You did the right thing and it took strength to stand up to your family and do what was right, above everything. Thank you for your sacrifice for the good of us all.
It’s the same problem in a lack of basic ground floor common sense outlooks on what is and is not possible from a scientific standpoint. I think we all have been over conditioned to believe in the advances of technology being a panacea for humanity to solve our problems. Sometimes it’s more effective and ethical to enact behavioral changes than inventing a shinier wheel.
From what he is saying she still has millions,despite her company losing all value. He should be able to sue her to recoup his money and also for the relaitory practies she engaged in.Tyler and Erika Cheung are heros. Amazing what they did at their age . What were they 23 when this started.? They went through hell.
Elizabeth is such a high class grifter I'm surprised she hasn't been pardoned and given a position in the Trump Administration...
O.T. Oss 😂I wouldn’t be surprised!
Next up: Trump pardons her and puts her in charge of the FDA. If she gives him a huge donation, and maybe some private Stormy Daniels time, watch it happen....
Don't give Dumb Don any ideas!!!
MaskedMarvyl Is the FDA on the Koch agenda? I think it’s one targeted for elimination?
Amen, Amen and AMEN! These are exactly the types on INHUMANE BEINGS Trump seeks out! & like you, SHOCKED that she is not part of Trump's Cabinet!
Another "King" not wearing clothing! Same old, same old nothing changes!! Well done young man, well done.
I'd like to know what his grandfather has to say about how he felt once he finally believed what his grandson; and how their relationship is now. I'd like to hear his voice.
He doesn't deserve his grandson
Walgreens did business with Theranos anyway against the advice of their own expert---so how is Walgreens also not to blame? They didn't even use microfluidic technology---it was just a pipette controlled by a robotic arm. 2 Million for Tyler's legal fees. Why should telling the truth have a cost?
We can take some pleasure from the fact that Theranos' law firm, Boies Schiller, took stock (now worth nothing) in lieu of payment for their terrible and immoral role in all of this.
Yessss 🎉🎉🎉
The legal system in the US is fucked
Thank you Tyler.
By the way, I salute this Kid. He has values and his grandpa does not...A Republican. These people love cons. Trump, Holmes, etc.
@quotetheraven90 I saw Bill Clinton smiling interviewing her, saying how wonderful she was. It is about money and power.
I think they all got conned because they believed in her based on what others said about her. I mean, she got a deal with Walgreens, ffs. I understand why some people went along with her.
Can we all make it known that it was Erika Chueng who approaches Tyler abt it and she also she is the one who wrote the letter to the state regulators.
True, but isn't he the only one who smuggled emails to the press?
Good interview- thank you for sharing. This was more than fate. Tyler, you made the right decision. Think of all the lives you saved. Always be true to yourself no matter who you are related to... Thanks for your courage.
Thank you.The world needs more whistle blowers like yourself. I wish you all the best
After watching this, my opinion of Secretary of State George Shultz is destroyed. The simple fact that an old man would place a criminal first over his own grandson says a lot about the state of the US and where are our priorities are as a nation. Sad.
Tyler is very brave, I wish and hope for him a very happy and bright future💖
wow how terrifying that people want to take their lives because they tell the truth while others have money and power to keep their lies.
I understand his point its different if you see somebody in media or if you work for somebody and be confronted in person by this person. You see things differently.
I like how honest he is with himself making those mistakes. I hope he is fine now.
Phew!!! What a hero, a young man whose integrity is impeccable.
It also reveals the fact that his grandfather would not have put one cent of his considerable wealth on the line in order to investigate, whereas Tyler’s father faced real risk of financial ruin in the event of Tyler’s case not being upheld. Of course grandfather was on the board!!
Good job Tyler, so young and so talented. Your parents should and I'm sure are very proud of your courage, work ethic and morals. I know this was a very difficult thing to do seeing that Elizabeth had everybody convinced in her lies and deception. To think that even your grandfather was taking her side over yours. Outrageous!! The best to you in your future endeavors, you will make an honest and wonderful boss to work for.
Ruper Murdoch should also be applauded for allowing the story by
John Carreyrou, which first exposed Holmes, to be printed by wall st journal which is owned by Murdoch. Murdoch invested 150m dollars in Theranos and Holmes asked Murdoch to kill the story but Murdoch to his credit allowed the story to go ahead.
Most people have no idea how stressful being in a lawsuit can be, especially when you could potentially financially ruin your whole family. I have no doubt about his suicide claim.
This is what sociopaths do.
His family must be so proud of this young man! He meant to be there at the right moment with the influence he has!
Dude, I so appreciate you. And going back to that place day after day knowing what you knew is understandable, sounds like you tried to believe it was on the up and up, but in due time realized and, thank God, knew it was fraud and you acted. And you went to the New York Times, brilliant. When people love money and power more then valuing people it will be the death of poor people.
His own grandfather? Wow....
This guy is a superstar.
His grandfather should be ashamed.
When she gets out of prison, she will again repeat her behavior in some way. This is what narcissists do.
Helene Correct. Like the scorpion, it’s in their nature.
A great young man. Awesome job . This is proof that a female will lead you to the grave and not think twice about it.
Isn’t it fascinating how only men get mentioned when women have done the exact same thing?
Erica Cheung was at least as much involved in bringing Theranos down as a whistleblower as Tyler Schulz.
That is not true. I have seen Erica mentioned in many media outlets, this is just an interview with one of the whistleblowers. Get over yourself.
Such courage, thank you, Tyler
Even he suspects she would walk away free. That’s a sad reality
Tyler is a true hero!
Tyler God Bless you my friend, YOU DID THE RIGHT THING, NEVER DOUBT THAT EVER!!!!!!!!!!!!!!
such an intelligent humble person he is ..... All the best in your life
you deserve it
And yet people and experts still ask victims of domestic violence or kidnapping why, if they saw the chance, didn't they leave??? I've always hated this question because it should no longer BE questioned. Perfect example here, these employees etc. had their complete freedom, saw all the red flags, tried to alert others for help, yet they kept going to work everyday. Because they were falsely illusioned, fell for the power of suggestion and a fake voice??? None of which are threats to your life. But a REAL victim who faces ACTUAL threats & psychological damage are judged: "Why didn't you just leave him/her?" WTF🤷🤦
Excellent way of putting that!
“It’s an amazing vision.”
It’s weird that so many people seem willing to give Elizabeth Holmes credit just for having a wonderful “vision.”
I have a vision of something the size of a penny that lets you fly anywhere you want to, with zero energy cost and zero pollution. My vision is not scientifically possible- not unlike Elizabeth Holmes’. But I have this great vision.
Of course, I haven’t yet managed to convince rich people to give me a billion dollars to develop my vision. But hey, it’s still a fantastic vision.
My dog would attack the TV whenever she appeared on screen. I have to agree with him. I thought she was creepy and more than a little scary.
The lesson to be drawn here is that we should prioritize due diligence in business, even if it is someone we know, trust or a relative. We should not just assume that someone is the real deal with no receipt.
Big investors rarely do DD especially family offices. They really wanted to believe the story. It was sold as a SV tech venture - in reality it was a medical play - which means a regulated industry. Too late, the dream was sold.
He is getting a lot of credit for being 1 of many who reported them. Kudos for him but he is getting all of the attention because of who is grand father is
In my opinion the board is just a guilty. To be this willfully ignorant as to avoid red flag after red flag and just simply take a young, inexperienced person’s word for how things are going is beyond reckless. They received hundreds of complaints and resignations over the years. Makes me think the board was willing to go with it and simply threw Elizabeth under the bus when they could no longer keep up the charade.