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Sunday, April 19, 2026

Theranos whistleblower: 'I felt like I had to start speaking up' - The Business Journals

It's not always easy to speak up when you see someone doing the wrong thing.

It's even harder when that someone is close friends with your grandfather and attending your family's Christmas dinners.

Tyler Shultz was put in that unique, between-a-rock-and-a-hard-place position after he started working for Theranos. He spoke about his experiences in an hour-plus-long discussion at Louisville Startup Week.

Shultz was first introduced to the now-infamous startup by his grandfather, George Shultz, a former U.S. Secretary of State, while he was a junior at Stanford.

"He basically said he was having a brilliant woman come over to his house and that I would learn a lot if I came over and listened in on their discussion," Shultz reflected. "So I biked over to his house, and that's where I met Elizabeth [Holmes] for the first time.

"She was wearing her all-black outfit and Steve Jobs turtleneck. I heard her very deep voice, and the way she spoke really pulled you in — everything she did was so deliberate. And that was really the first time that I heard her lay out his vision."

Spoiler alert: That vision, in which any laboratory test could be done with a single finger prick, didn't work out.

Theranos dissolved in 2018, and its founder, Elizabeth Holmes, was convicted of criminal charges in January when a jury found her guilty of misleading investors and customers about her company's blood tests. She's currently seeking a retrial, the Silicon Valley Business Journal reports.

A jury...



Read Full Story: https://www.bizjournals.com/louisville/inno/stories/inno-insights/2022/09/22/...