Tyler Shultz

Audible original in the voice of a Theranos whistleblower (and not accidentally, grandson of George Schultz). Really powerful illustration of how even someone raised to value truth and public service, with economic security and cultural privilege, can be intimidated to the point of near-breakdown by legal threats—even those from a fraudster. He speaks affectingly about how he felt betrayed by his beloved grandfather and about how the pressure of the threat of a lawsuit against him, and the associated surveillance, made him so distressed that the reason that he didn’t buy a gun was that he was too worried he might use it on himself.… (meer)

There's so much to unpack here!!

As a member of the clinical laboratory field, there was always much interest in knowing more about Theranos and how it all got shown for the farce it was. It may sound like Monday morning quarterbacking, but most of us in the field never believed that the Edison device could do what Elizabeth Holmes said it could do. And that's despite knowing full well that our field had not enjoyed the same advancements technologically that we've seen in the last half-century. It seemed that our field was ripe for a technological revolution but we didn't believe this was it.

After listening to Thicker Than Water, I came away feeling (more) distressed about those who we propel into national leadership roles. Well regarded individuals such as George Shultz and Henry Kissinger didn't do their due diligence on this company before putting their names and reputations on the line??? They were so quick to try to make some easy money that they never even looked into the validity of what Theranos was doing. Very disturbing to think these are the people to whom we've entrusted our government.

It was disheartening to see how George Shultz put no stock into what his own grandson was telling him. He stood by Holmes and disregarded his own family. Tyler really painted a perverted image of his grandfather's obsession with Holmes. Though I thought Tyler was something of a goofball, it was depressing to see Holmes placed above him by his grandfather, even inviting here to holiday gatherings despite the issues between Theranos and Tyler.

In the end, I thought the story contained more about Tyler at the expense of focusing on the Theranos lie. However, I then watched the documentary, Out for Blood, and found that it really didn't offer anything more than Thicker Than Water.

I'm glad that Tyler had the courage to come forward with what he knew. It's a worthwhile listen for those who want an insider perspective of what was going on at Theranos.… (meer)

Tyler Schultz is the grandson of former Secretary of State George Schultz, and it was largely due to that connection that he landed an internship at Theranos, a startup claiming to have a new technology that would allow blood testing for a wide range of conditions, in little clinics in Walmart and similar locations, with just one drop of blood, and of course, far more cheaply. Stated baldly like that, it looks pretty transparent, but the CEO, Elizabeth Holmes, was apparently very charismatic, and charmed and persuaded a number of prominent, influential people--including George Schultz, but also Henry Kissinger, James Mattis, and Betsy DeVos, among others.

Initially, Tyler Schultz believed the hype. He eagerly accepted an internship at Theranos, and while his experience wasn't perfect, he remained a true believer in the project. When he finished college, he sought and received a fulltime job at Theranos.

And gradually, he started to notice things that just weren't right. Initially, just listening to Holmes talk enthusiastically and convincingly about what they were going to achieve would reliably quash his doubt and restore his confidence. Yet, as time passed and problems mounted, her ability to bury his concerns faded. The big breaking point was discovering that false data was being reported to the FDA, and negative results were simply being omitted.

He made a detailed report of the problems to Holmes, still trusting that she could set things right.

Not long after, he was out of a job.

Talking to his grandfather achieved nothing; George Schultz still completely believed in Holmes.

Tyler got another job, and tried to put it behind him, but he was still worried that real harm was being done. Eventually he talked to an investigative reporter.

This is Tyler Schultz's personal story, not the big picture, but his personal and sometimes terrifying experiences, as the truth slowly came out, the investigative reporter talked to other sources, and Thereanos fought back, including having Tyler and all his friends followed.

It's a fascinating and moving story. Tyler Schultz didn't set out to be a whistleblower or a hero, and initially was trying to help Holmes pursue what he thought was her real plan for Theranos--the one she talked about.

Recommended.

I bought this audiobook.… (meer)

This is the tale of Theranos as told by Tyler Schultz, a junior employee who became a whistleblower (and who is the grandson of George Schultz, a prominent politician/statesman who was on the Theranos board).

First-hand information about basically a kid facing litigation for violating his NDA in speaking with the independent journalist (John Carreyrou) who broke the story, his family and psychological troubles, and some of the dirty tricks used by Theranos. Also, just how incompetent "famous" or "respected" people can be outside of their field -- a bunch of political people on the board of a biotech company, chosen for their political connections, and unable to face scientific facts.

Most of the factual details here are better explained in Carreyrou's book, although some of the day to day specifics of the fraud here were really interesting.… (meer)