Today, we are taking the first step toward making health care
accessible to everyone in this country.
You need to start bringing in venture capital firms.
Hello, Don. Elizabeth Holmes.
And when Larry Ellison came to you
with his vision for how Oracle could organize data,
- you said, "How much do you need?" - I want you to meet Larry Ellison.
LARRY: If you want this, you gotta fight!
That's what it takes to run a billion-dollar company.
- Is that what you really want? - Yes!
LARRY: What are you willing to do to get it?
- We faked the demo. - Don't tell anyone else.
Our series B round closed at $165 million.
I'm gonna change the world!
("1, 2, 3, 4" PLAYING)
(INDISTINCT CHATTER)
(CELLPHONE CHIMES)
(METAL DETECTOR BEEPING)
(BEEP)
What were you doing in India, "Mr. Balwa--
It's Balwani. And I've actually got somewhere to be.
- Oh. Where? - I'm buying an iPhone.
A what?
It's new.
And why do you need another phone, Mr. Balwani?
What is the phone for?
- Is this funny to you? - No, sir.
OFFICER: What's your occupation?
I started a company and... and I sold it, so...
Going to ask you again, what is your occupation?
I don't have one.
(SONG CONTINUES)
- Yeah! - Come on in!
(ALL CHEERING)
I fucking love Steve Jobs!
(ALL CHEERING)
Whoo-hoo!
I got the first one. Yeah!
Whoo!
Yeah!
Whoo!
Yes!
Whoo!
(SONG ENDS)
You designed the iPhone.
I'm-- I'm so starstruck right now.
Well, I can't take all the credit.
- And Steve wouldn't let me. - (GASPS)
But I did make it prettier to look at.
See that's the thing Steve really understood.
You can have all the right tech
on the inside, but without the right look--
- None of it matters. - Yeah. Exactly.
That's my weakness.
I... I never think about what things look like.
I can see that. (CHUCKLES)
Oh. No. You don't...
you don't like what I'm wearing?
You should just dress more like a CEO.
I... When I was with Mark Zuckerberg at the photoshoot for Ink,
he was wearing soccer sandals, flip-flops.
Yes, but you are a woman. If you wear soccer sandals to work,
everyone would think that you're having a mental breakdown.
Yeah, I just don't wanna waste my time picking out what I'm gonna wear.
It's not a waste of time.
For you. You're a designer.
Listen, how you present yourself to the world is your identity.
It's-- it's your armor.
You're a good person,
I'm rooting for you.
Honestly,
it's just really exciting to me that you're a young female CEO
instead of a cocky little boy in a sweatshirt.
(LAUGHS)
(SIGHS) Yeah, well...
what do I have to do to convince you to work here?
Avie Tevanian joined our board, and he's a big fan of you.
I love Avie.
He said that you'd lose 15,000 shares of Apple stock if you left.
It's my retirement.
- I got a wife, I got kids. - ELIZABETH: Yeah.
But the outsiders have to stick together.
That's how we change the world.
Seriously though,
your company has momentum now.
And when the board starts smelling money, they're gonna get tough on you.
Watch your back.
Why the fuck do you want a car that doesn't make any noise?
It's a Prius, Sunny. It's what everybody is driving.
Why do you even need a new car?
I like driving you.
(SCOFFS)
It's not even real leather.
I like it.
You know, I'm looking into this computer science grad program
at Stanford.
I'm thinking of going back to school again. What do you think?
Do you think my board respects me?
Sure. Just keep making them money.
Could they fire me?
From my own company?
Of course they can.
You took money from VCs. They own you.
(KNOCKING ON WINDOW)
Hey. Do you have any questions?
(BUTTONS PRESSING)
The demo cars don't lock.
- (CELLPHONE RINGING) - BRUCE: My name's Bruce.
If you have any questions, let me know.
Ugh! I have to get this. It's Larry Ellison.
(CELLPHONE CONTINUES RINGING)
Hey, Sunny,
we should go out,
like, on a date or something.
Okay.
Is she taking a call in there?
It's private.
NOEL: I know you're not much of a reader, but Elizabeth
was just profiled in Ink magazine's 30 under 30 with Mark Zuckerberg...
who made Facebook.
LORRAINE: Is that the thing where single people put their pictures up?
My stepson is on that.
Hey, not a big deal,
but has Elizabeth received any emails from Richard lately?
No. Why would Richard be emailing Elizabeth?
Well,
this is kinda silly actually, but I think he was hurt
that she didn't contact him for advice on her company,
you know, since his company also invents biomedical devices and...
- It made him a little angry. - What?
He was mad she didn't call him for advice?
Well... yeah.
He's been researching what she's doing.
I think he might be trying to have a little fun with her company.
"A little fun with her company." What?
He applied for a patent. I don't really understand it,
but I think he wants her to buy him off, you know, just for fun.
So, your husband has been secretly researching
my daughter's company so he can make money off her?
My 23-year-old daughter?
Well, you don't have to make it sound so bad.
Mrs. Holmes.
Wait. Mrs. Holmes!
Mrs. Holmes!
Richard!
- Richard! - RICHARD: Yes?
NOEL: Richard!
Hello, Noel. You look like you need a glass of water.
What did you do to Elizabeth?
LORRAINE: Richard. Richard!
Oh, God.
You're trying to mess with Elizabeth's company?
Richard. Everybody, be nice.
RICHARD: There's nothing for you to worry about,
- Noel. - He's just having fun.
I'm a businessman. I think she's got a great idea.
I wanna be a part of it.
So, I looked into what she's going to need, and I invented a mechanism
that will alert doctors when their patients
have an abnormal blood test. If she ever wants to put
a blood-testing device in someone's home,
- she'll have to license my invention. - Buy you off.
Your words, not mine.
- You're sick. - If she'd called and asked my advice,
I would've told her. Things like this can happen.
- You know what? Can I get anyone coffee? - You're a tiny man.
Oh, stop being such a nice little WASP and tell me to fuck off, Noel.
Fuck off!
No, you fuck off.
Fuck you! Fuck you! Fuck you!
- You said that to him? - (NOEL AND CHRIS CHUCKLING OVER PHONE)
- Your mom used the F word. - I said it a couple of times.
Thank you. I...
I haven't heard about any patent applications.
- He's... he's bluffing. - I'm never speaking to Lorraine again.
- They both can fuck off! - Oh, my gosh.
(NOEL AND CHRIS CHUCKLING)
- ELIZABETH: Mm! Shit! - What?
I spilled my coffee. Oh, shit.
Doesn't the Prius have a cup holder?
("SLEEPYHEAD" PLAYING)
(SONG ENDS)
ANA: Hey, Bridget Jones.
I thought we were meeting with the board.
Girl, that cannot be what you are wearing.
- ELIZABETH: Oh, I... I spilled my coffee. - ANA: Oh, God.
I've been meaning to ask you, I still haven't received dimensions
for the prototype.
Oh...
Yeah.
- DON: Elizabeth. We're up here. - Hi, Don.
Hey. Sweetheart, you're so skinny. You should eat something.
RAKESH: Come on, baby. Come on, baby. Come on...
Fuck.
Ceiling between the channels...
Sucks. Yeah. (SIGHS)
Uncontrolled mixing is gonna kill result accuracy.
So, you agree?
Well, it's not ready for the Pfizer trial.
No.
I'll tell her.
I mean, she'll get it. It's-- it's-- it's people.
We can't test this on people.
No.
DON: They're all waiting for you.
- (LOUD CONSTRUCTION NOISES) - ELIZABETH: Wow.
- (INDISTINCT SHOUTING) - (DON CHUCKLES)
Oh, wow.
Hi. Hi, guys.
Thanks for coming.
Wow.
(CONSTRUCTION NOISES CONTINUE)
It's great that, uh, we've got the board here.
The... This new location, new space.
Speak up! We can't hear you.
(ALL CHUCKLE)
- So, we have some... - (LOUD DRILLING)
- We have... - (LOUD HAMMERING)
(SHOUTING) We have some exciting new developments.
Including Ana Arriola, who has been with us for a few months.
And Ana and Avie Tevanian know each other from Apple.
That's right. We stole her from Apple.
Has there been any progress on the prototype?
'Cause I know an engineer who can come in and really ramp things up.
- His name is Brendan Morris. - Thank you, but we are full steam ahead.
ELIZABETH: What do you think they're talking about?
He's worried about the Novartis contract. Avie says it hasn't come through.
Well, tell him that... that we have plenty of pharmaceutical interest.
Well, I haven't seen any of the contracts.
I mean, nobody's talking about it except Avie, but he'll bring it up.
I don't know how long he'll listen to me, but what do you want me to do?
I need friends on the board.
Well, of course, I'm there for you.
You know, I... I've been thinking, um...
when we get into this new office space,
we should... you should come on as-- as a consultant.
- I'm already a consultant. - Right. But it will be more formal, like,
you would have your own office and salary.
Oh, that... that sounds perfect.
- AVIE: Elizabeth. - Hi.
CHANNING: Hi, Avie.
I was... I was wondering, is... is there any new about Novartis?
Uh, unfortunately, we just got word that it's not going to work out.
Oh...
Really? What happened? I thought you said the contracts
- were in the final stages. - It's complicated.
But I'd like to... I'd like to really focus right now on the new space.
Yeah. I'm just... The projection's building
the revenue from the Novartis deal. Should... should we even be looking
at this space if we don't have that revenue anymore?
Well, we're finalizing contracts with Pfizer.
- You are? - Yep.
I read the information you sent out, and you haven't had
a successful validation study with actual patients yet.
Well, that's a formality.
Validating if the machine works is a formality?
DON: Elizabeth.
Look, I'm here to help you.
That's why you have a board. To help.
My father was an entrepreneur, I understand there are ups and downs.
Yeah, I've... Well, we have plenty of... pharmaceutical interest,
- including Pfizer, so... - Yeah, but are you going through
with the Pfizer trial? Because Ana told me...
You talked to Ana?
Well, she said she hasn't seen the device yet.
She hasn't even gotten dimensions for it.
If you wanna know, you just... You can ask me.
- I am asking you. That is what I'm doing. - We are going through with the trial.
You're going forward with the Pfizer trial?
Yes, we are. We are ready.
Ah, you know, if you... if you'll excuse me,
I have to... I have to go talk to Don.
Wait, wait. Your...
Your...
We need to find out which employees are talking to each other.
How should I... How do you want me to do that?
Uh, I don't know. Friend them on Facebook, and then find out
who's friends with each other.
Friend every employee in the company on Facebook to spy on them?
That's what I said, okay?
Also...
I searched for Richard Fuisz.
The IT guys found this.
They said it was randomly sent to info@theranos.com, the general email.
So, apparently, he just patented an alert for a home blood testing device
and they think you might have to buy him out.
I need to get legal on the phone.
I need to hire a security team,
and no one knows about this, okay?
Oh, should I come back or...
Do you want a... a shirt?
It's okay.
Fuck.
(INDISTINCT CHATTER)
(SIGHS) Yes.
Yes, but would you be willing...
Hi, sorry.
- I ordered for you. - No, that's not what I'm saying at all.
Soba noodles
with miso-infused, locally grown pumpkin.
Like what?
- A pumpkin patch? - Yes, that should not be a problem.
I look forward to talking after Nashville.
Yeah. Okay. Bye. Yeah. Bye.
(SIGHS)
Pfizer?
Yeah, I'm... I'm going ahead with the validation study.
With cancer patients? You're ready to test it on people?
It's just a trial. That's... Everybody does trials.
What?
(SIGHS)
You're 40 minutes late.
I just found out that Richard Fuisz, my neighbor growing up,
is trying to get me to buy a patent off of him.
Avie Tevanian was asking about our cash flow at the site,
so I had to show him that we're moving on the pharmaceutical contracts.
So, I had to say yes to Pfizer, and... I don't... I don't want this.
It's okay. You can leave it.
Can you get off your phone? We're eating.
I can't... I can't do this. I have to get back to the office.
- Then I'll come with you. I'll help. - No.
- "No"? Just "no"? - I don't want them to think
that I need my boyfriend's help.
No one knows I'm your boyfriend.
No one knows who I am.
I can't do one thing wrong.
I can't give them one reason to doubt me.
Or I will lose my company. They will take it away, okay?
All right, I'll see you at home.
Excuse me.
Excuse me!
This has truffle oil in it.
Uh, there's no truffle oil in this...
You think I don't know what truffle oil smells like, don't you?
- No, I... - That table over there has truffle oil.
And that table, and that table.
I can smell fucking truffle oil from a mile away.
I'll take this back to the kitchen.
Hey, what do you run on that computer, Mac or Windows?
"I'm a Mac."
"I'm a Mac." "I am a PC." Never mind.
Why do you wanna know? You putting in spyware?
(BEEPS)
Sir, you can't go in there. If you don't work in engineering,
you don't go in the lab.
But, E-- Edmond Ku is in Nashville and he asked me to check on things.
Employees are siloed to their own departments.
Well, would I be allowed to knock in Morse code?
I can check.
NEWS ANCHOR: Problems with the housing market
are making news tonight,
as now there is even more stark evidence of how serious things are getting
in this country. State officials in Ohio
have announced they will issue $100 million in active bonds...
Hello. I'm Elizabeth Holmes from Theranos.
We're doing a study for Pfizer.
Is the doctor here?
Hey, listen up! Important question. Did anyone else get a friend request
from Elizabeth's assistant?
Damn, I thought it was just me.
Uh, Rakesh, you're a celebrated engineer, tell me,
do you think this book's heavy enough to keep the door open?
It's 100 percent not heavy enough.
Ha! That's where you're wrong, because...
Oh...
Sorry. Sorry.
Can I help you at all?
I'm just taking a look around.
My name is Ian Gibbons. Do... do I know you?
Your face is familiar somehow.
Sunny Balwani. I'm an unofficial consultant.
I have some questions.
AVIE: It's all there.
I mean, there is nothing there.
Look, I really... I like Elizabeth, I do, but don't you think it's strange
that we haven't seen a single contract, absolutely nothing
to back up any of these projections?
I'm not saying it's her fault.
She's a kid. She's not ready to be CEO. She needs adult supervision.
I tried to email you, but...
Why don't you have email?
Because I've been sued too many times.
Look, this may not be the way they do it at Apple.
I do things by my gut.
- I trust her. - Don.
You are too close to this. You have brunch with her every weekend.
You are practically acting like her father.
Avie, as far as I'm concerned, you should tender your resignation.
- What? - I'm asking you to resign.
- You're firing me from the board? - I'm asking you...
Is that what your gut's says you should do?
...to resign tonight!
Tonight.
Fine. Just...
start asking questions. She is lying to you.
Helena had stage-four breast cancer by the time we caught it.
- Too late for most treatment options. - I'm toast.
(ALL LIGHTLY CHUCKLE)
(TENSE MUSIC PLAYING)
Wrong side.
Right. Right. S... Sorry.
So... It's actually-- It's very simple. You're gonna have a finger puncture.
All we need is a drop of blood.
HELENA: Been stuck so many times, I got no veins left.
Y'all are doing a good thing here.
(TENSE MUSIC CONTINUES)
Hold on. It's... Excuse me. I'm sorry, I just forgot something.
Just one second.
(BREATHING HEAVILY)
What are you doing?
Get back in there, Edmond.
Elizabeth, it doesn't work yet. It's not even close to working yet.
- It's not supposed to work. It's a trial. - It...This...This isn't what I do.
I... I work with machines. I work with tech. I don't...
How can we ask these people to...
These people know that they're participating in a trial.
This is how these things are done, Edmond.
This isn't you...
Elizabeth.
Go back in there.
(EDMOND SIGHS)
Uh, so, when you take this home with you, just remember that...
it's very, very delicate, and so it can't be near a window,
or an AC unit, or heater. And... And it... and it can't get wet.
Thank you.
(DOOR OPENS)
SUNNY: You're back. How was Nashville?
Good. Just unpacking.
The patients know that they're participating in a trial.
Go back in there, Edmond.
(IN DEEPER VOICE) Go back in there, Edmond.
Go back in there... Go back in there, Edmond.
This is an inspiring step forward.
An inspiring step forward.
(IN DEEPER VOICE) An inspiring step forward.
(CELLPHONE RINGING)
(IN DEEPER VOICE) Don.
Avie is out.
Good. He didn't understand the vision.
You've told me everything I need to know, right?
ELIZABETH: Yeah.
I just got back from Nashville.
Don,
- this is an inspiring step forward. - Do you have a cold?
(IN NORMAL VOICE) N...
No, I'm fine. I...
Everything's fine.
(RHYTHMIC MUSIC PLAYING)
So, how was Nashville?
I can't talk about it. It's... you know, NDA.
What? Oh, this is terrible.
Suddenly, everyone's on a need-to-know basis, well I need to know.
I mean, my whole job is needing to know.
Uh...
Who's that?
That is Brendan Morris. She brought in a new engineer.
We're not moving fast enough apparently.
We don't know what's he's working on.
He just goes into the office and shuts the door.
Hmm.
Hang on. I've got an idea.
Yeah.
Good day, sir. I have the package you ordered,
and I think it's best that I come in to your office and set it down.
That box is already open,
and it's got an empty Snapple bottle inside of it.
Well, you ordered it.
So, yeah, if you're the one who ordered it, then I...
- Damn. - I have an idea. (CLEARS THROAT)
BRENDAN: God damn it.
(IAN CHUCKLES)
(SIGHS) Yeah.
Hello, could you tell us what you're working on?
Obviously, we're going in a different direction.
You've repurposed a glue-dispensing robot?
Yeah. Check it out.
RAKESH: She's not gonna tell you what's she's gonna do.
She never tells you what's she's doing.
The point is, you hired another engineer
to create a completely different prototype.
I-- If I may, you see, his machine is not microfluidics.
- It... He's just reprogrammed a... - It's a fucking glue bot.
If you don't like it, then get your version to work better.
Are you trying to pit us against each other? What are you doing?
What, you... you want us to compete against an automated arm?
I want something to actually work.
Is this because of what happened in Nashville?
Nashville was an inspiring step forward.
Are we done?
What?
IAN: Is this what you want, what Brendan's doing?
He's just miniaturizing a process that already exists.
It's big and ugly and it's not new. And... and it's not your vision.
I'm worried that perhaps this is all my fault.
Perhaps I answered the consultant's questions
- in the wrong way. - Consultant?
Yes, a man called Sunny,
he came while you were in Nashville
- and asked us questions. - What are you talking about?
- Well, he said that... - I... when I was in Nashville?
No.
You did not answer his questions wrong.
I... I can't talk about this right now, Ian.
Okay. Uh, right.
You can't just show up at my office. You told them that you were a consultant?
Do you want to talk about that,
or the fact you're ten years away from the promises you made to the board?
How do you know that?
What's your plan?
Just keep everything from the board forever?
What is that?
It's green juice. I bought it for you.
It's healthy.
If you're going to work 20 hours a day, you need to eat healthier.
So, what are saying, you think I look bad?
You look like shit.
Do you know why I went to your office?
Because I don't like the way you treat me.
How do I treat you?
You dismiss me. You act like I'm some guy hanging around.
I founded a company, I ran it, I sold it.
Yeah, and that really impressed me when I was 18.
You know what I saw when I went to your office?
What?
(OMINOUS MUSIC PLAYING)
No one respects you. No one listens to you.
They talk behind your back, they make fun of you.
They're laughing at you, Elizabeth.
You're in over your head. You're going to lose everything.
But go ahead, keep ignoring me, keep dismissing me.
This juice is disgusting. I hate it.
- Disgusting. - Drink it.
No.
Drink it.
No.
It cost 12 dollars. Drink it, it's good for you.
- I don't care how much it cost. - Elizabeth.
Go fuck yourself, Sunny. I don't give a fuck.
Don't throw it out! Don't throw it out!
(CRIES SOFTLY)
(MUSIC STOPS)
Are you coming to bed?
Here at Theranos...
(CRIES)
...we are developing...
new technology.
(TENSE MUSIC PLAYING)
This is an inspiring step forward.
(CRIES)
This is an inspiring step forward.
Here at Theranos...
we are developing new technology.
(CLEARS THROAT).
(IN DEEPER VOICE) Here at Theranos,
we are developing new technology.
New technology.
This is an inspiring step forward.
Forward.
This is an inspiring step forward.
I shouldn't have had you meet me here.
I just thought this would be better face to face.
Drive around the block.
(TENSE MUSIC PLAYING)
All right. Very nice.
It's, uh-- it's not there yet but we're getting closer.
- I think it needs a name. - How about Glue Bot?
(ALL CHUCKLE)
Edison.
I'm calling it the Edison.
And this is the direction that we're going in.
- No, sir. I can't let you take that thing. - No. Wait. No, that's my Exacto knife.
It is not the intellectual property of Theranos.
- Just doing my job, sir. - Come on. It's his Exacto knife.
Sir, please take a step back.
It is my Exacto knife and I like the way it cuts things.
Please, sir. I'm gonna need you to take a step back, all right?
Okay. Just take it, but...
Uh, I...
I don't have my car today. So, if, um...
uh, someone can, uh, give me
the number of a cab company...
All right, let's go.
(KNOCK ON DOOR)
(BREATHING HEAVILY)
TESS: Elizabeth?
I'm sorry, I thought she was here.
(TENSE MUSIC PLAYING)
I here.
I'm here.
- Oh, hey. - What's going on?
The legal team is ready to see you.
Elizabeth, I need to talk to you.
I'm so sorry. I was on a very long phone call.
Hi. What... What's going on with the filing of the lawsuit?
Did you do trials on terminal cancer patients
with a prototype that didn't work?
Uh, can we have the room, please?
Answer me.
- Where did you hear that? Avie? - Is it a secret?
No. Uh... no, I just, uh...
That goes against everything I believe in.
- Ana, it was a trial. - And I have moral obligation
- to talk to you about the ethics... - Everybody does trials.
You know, I was trying to remember what it was I saw in you, why I came here,
and... I don't know, I think I thought you were like me somehow.
An outsider.
I am. That's why I have to fight to keep my job.
No. That's why you have to care more.
I only came here because I thought we were helping people.
I can't help anybody if I don't have a company.
- That's not the point. - Yes, it is.
I don't know what you want from me.
I... You told me to be more of a CEO, and so I'm trying to do that.
I'm trying. I'm trying.
So sorry, but Elizabeth, I really need you.
We can discuss this later. Okay? Ana, please.
No. I'm quitting.
My whole team is quitting.
Make sure Ana doesn't leave the building with any property.
- I will. - Oh, and she needs to sign an NDA.
- The design team quit. - Yeah.
And one of them told me to give you these books on management.
I think it's a joke.
Why is Don Lucas in my office?
I don't know. That's why I came and got you. He just showed up.
Hey, Don. I didn't know that you were coming in.
Shut the door.
(MUSIC ENDS)
How... how are you doing?
Not one of these contracts is even close to being done.
I know.
I just... I didn't want to alert the board of...
- to the mechanics... - Stop the game!
I just spent an hour with your accountant going over all of this.
You lied to me.
(SIGHS)
I know things have not been going as smoothly as they should have...
and that's my fault.
But I brought on Brendan Morris who is developing the...
- a version of our prototype. - I'm going to call for a vote
of no confidence from the board.
(OMINOUS MUSIC)
You'll no longer be CEO of Theranos.
You had a good idea.
You're just not ready yet.
(SCREAMS)
(MUSIC STOPS)
(SCREAMS)
Tess...
Could you, um...
make me an appointment
at the Genius Bar, please?
(AMBIENT MUSIC PLAYING)
GIRL: What was the name for the account?
Elizabeth Holmes.
Good news. You're insured, so we can just go ahead
and replace the entire phone today.
Do you wanna give me your phone?
Are you gonna be able to see what's on it?
Just for a few seconds. I'm gonna go ahead
and back it up to our drive. Should only take a few minutes.
Your secrets are safe with me.
So, how are you?
I know it can be hard being without your phone.
You from around here? Do you go to, like, school nearby?
Stanford.
Oh, awesome!
I'm kind of in-between schools at the moment,
so I thought I'd work as a genius until I can figure out what I wanna do.
What was your dream as a child?
As a child?
No, I don't think I had any dreams as a child.
That sounds nice.
What does?
Not knowing what you wanna do with your life.
It's not nice, it's scary.
Why are you scared? You can do anything. Anything that you want.
Thank you.
Because it... it doesn't really matter. Right? Nothing you do will matter
because you don't really care.
I mean, you...
you have no ambition. You don't wanna do anything important.
You're just a person.
Uh...
Now, it should, um...
Oh, no. No, no.
I don't know what happened, but, um, all of your information is...
I mean, it's just... it's gone.
I'm so sorry, I...
I did everything right.
I mean, I followed all of the steps. I was just too quick to... I'm so sorry.
(MUSIC FADES)
Elizabeth, we're ready for you.
(OMINOUS MUSIC PLAYING)
Ah, Elizabeth.
You are here because we, collectively,
have lost confidence in your ability
to continue on as CEO of this company.
You have misrepresented the revenue stream.
You have been unable to manage research and development.
You have continuously, time after time, missed deadlines,
resulting in the withdrawal of our contracts
from pharmaceutical companies, including, we just found out, Pfizer.
Pfizer has stated it can no longer go forward based upon
the results of its validation study in Nashville.
Your design team has resigned. And, last but not least,
this... this man,
Richard Fuisz, has filed a competing patent.
This is a mess.
I mean, you have to understand where we're coming from here.
You need adult supervision.
We've decided that Tom here
should step in as acting CEO
until we can find somebody else.
Of course, yeah. I...
I understand.
I just...
I did everything right.
I... I followed all the steps.
I did it too quick.
And I'm sorry. (CRIES)
I got ahead of myself,
and all your concerns are valid. You're right. I am in over my head.
I'm just a girl
who had a dream to change the world,
and I just didn't realize how hard it was gonna be.
I need help. You're absolutely right. I need adult supervision.
(SNIFFLES)
And that's...
that's why I reached out to an old friend
to come on board and help me.
He offered to bring in 20 million dollars
and come on as COO,
but only if I'm still the CEO, obviously.
But that's up to you.
Don,
can you forgive me?
Um...
He had an idea that I'd love to get your advice on.
He thinks that we should forget pharmaceutical companies
and try to target retail. Create our own retail space,
like an Apple store.
I don't know. What do you think?
(MUSIC FADES)
(DOOR OPENS)
- (DOOR CLOSES) - I'm in here.
It's not working between us.
I know that.
You can stay here for a while until you find your own place.
- I'll move out. - No.
No.
Oh, come on, I can't let you move out.
No.
Come work with me.
Do you want that?
I need a 20-million-dollar investment.
So the board will keep you as CEO.
You already told them you had it.
Yes.
("BACK TO BLACK" PLAYING)
Twelve million.
Twenty. And you can be COO.
(SONG CONTINUES)
I quit.
Come on. Come on. Come on.
(SONG CONTINUES)
She's suing me?
Are you kidding? Nah, I'm not taking those.
I am not taking those. Hey! Hey!
(SONG CONTINUES)
MALE VOICE: And by the end of 2008, Sunny Balwani came along as COO,
and you bought back some shares of the company.
Yes, I had a controlling stake.
Ready?
(SONG CONTINUES)
(SONG ENDS)
(ELECTRONIC MUSIC PLAYING)
(MUSIC ENDS)
ELIZABETH: I want to be a billionaire.
(TENSE MUSIC PLAYING)
ELIZABETH: It's not about the money. You have to have a purpose.
- What are you afraid of? - ELIZABETH: I can't do one thing wrong.
I can't give them one reason to doubt me.
I'm gonna be on the cutting edge of healthcare.
It's going to change the world.
JAY ROSAN: Everything's changing.
These kids don't get bogged down about the way things have always been done,
They want to change things now!
We launch in 48 hours! We did it!
PHYLLIS GARDNER: I don't believe a word she says.
KEVIN HUNTER: There's something going on!
Why are they not actively seeking FDA approval.
Her whole image, is fake!
- You don't understand the business. - And you don't understand the science!
ELIZABETH: This isn't just my company, this is who I am.
There's only one thing you need to know about Elizabeth, she's a fraud.
I know you want to believe everything she's saying is real.
The way Theranos is operating, someone is gonna get killed.
You're going to lose everything.
(SCREAMS)
No, I'm fine. Everything's fine.
(MUSIC ENDS)