She, a legendary female boss and liar in the history of Silicon Valley, is worth $4.5 billion at the age of 30.
Many political and business celebrities have been fooled by her. Media tycoon Rupert Murdoch, former Secretary of State Henry Kissinger and Oracle Bone Inscriptions founder Ellison are all her investors.
An amazing scam that raised $9 billion alone.
The girl who did all this is called elizabeth holms.
The former "female version of Jobs" is now sentenced to four counts, fined $250,000 and imprisoned for up to 20 years.
In this issue, we will talk about how this "famous" American business scam was born.
1
1984, "white" filial piety was born.
Her father is the vice president of Enron, which went bankrupt because of financial fraud, and her mother is a senior government official in the US Congress.
She has been exposed to the routines of the political and business circles since she was a child.
/kloc-Xiao Yi before the age of 0/9 was basically someone else's child.
High school began to do business, selling C++ compilers to China.
Later, I easily knocked on the door of Stanford, studied chemical engineering and got a scholarship. I am a master of learning.
However, an overseas internship during my freshman summer vacation changed everything.
2
Most of Xiao Yi's internship work is related to blood collection.
At that time, American painstakingly took a blood test for a long time.
Traditional blood test methods are large in number, complicated in operation and monopolistic.
80% of the market share is occupied by two companies. Casual testing costs hundreds of dollars, and the waiting time is still long, but everyone has no choice but to endure.
Is there no simpler way? Like taking blood from your fingertips.
If there is a company that can conduct blood tests quickly and cheaply at this time, it must be a blue ocean market with a level of 100 billion.
Xiaoyi's heart trembled, and a passion for entrepreneurship surged in her body.
In front of her eyes, countless Silicon Valley entrepreneurs flashed by, and they kept shouting in Xiao Yi's ear: You want to change the world!
Drop out! Drop out now!
In 2003, Xiaoyi left Stanford and started a high-tech blood testing company in the basement of the university dormitory, with a low-cost signboard of $2.99 for a test.
Although Xiao Yi holds a patent, he claims that the patient's health can be monitored with a small amount of blood.
But professional teachers don't believe her, because science pays attention to seeking truth from facts, not false stories under the capital package.
In addition to a heavyweight scholar, that is Qian Ning, Dean of Stanford Engineering College.
After Qian Ning entered the bureau, Xiaoyi Company instantly became reliable, and the road to attracting investment was suddenly enlightened.
In the following ten years, with Xiaoyi's efforts, some investment tycoons, media tycoons, former navy colonels and former chairman of Wells Fargo were lured into her board of directors.
With the blessing of heavyweight contacts, Xiaoyi has become a female star of Silicon Valley entrepreneurship.
three
Silicon Valley is in need of stories, and Xiaoyi has made herself a celebrity sewing freak. She deliberately suppressed her voice, copied her words and deeds, and dressed up carefully.
Is she Zuckerberg who talks without blinking an eye, Jobs who wears black all year round, or Bill Gates who dropped out of Stanford to pursue his dream? ...
The reporter described Xiao Yi, who worked hard all day and was not tired for more than ten hours. He only sleeps for four hours all year round, and his eyes are full of tears to change the world.
For a time, Xiaoyi became a hot female entrepreneur in Silicon Valley. She is the best spokesperson for the spirit of Silicon Valley and the best annotation of rebellion and innovation in Silicon Valley. If you question her, you are questioning the faith in Silicon Valley.
Relying on the elaborate and perfect design, Xiaoyi gained a group of loyal "believers".
Countless people regard her as an idol, not far from Wan Li, and are willing to use her.
Xiaoyi began to appear more and more on the cover of magazines, attended conferences, and even won long-term cooperation orders from the second largest pharmacy in the United States, and the company's valuation soared to $9 billion.
However, no matter how perfect a person is, he can't hide the truth.
Yi's prototype was false from the beginning.
As Xiao Yi boasted, just a drop of blood can't detect hundreds of diseases.
Why?
The core problem-insufficient blood volume.
Why did the professional teacher persuade her to give up early? Because it is unscientific and impossible.
But Xiao Yi refused to admit: Isn't there enough blood, so can I exchange it with water?
Not only the blood quality is not up to standard, but also the instrument itself has many problems. Small internal space and many parts. It is common for machines to break down. Either the liquid is spilled or the straw head is broken.
Everyone can think of how low the accuracy of such nonsense is with their eyes closed.
However, in order not to expose the facts, Xiaoyi played the game of "selling dog meat by hanging sheep's head", and almost all the blood test reports issued by her company were tested by Siemens instruments.
four
In order to cope with the inspectors who visit from time to time, Xiao Yi keeps the staff on duty 24 hours a day in case of emergency.
Xiaoyi usually shows people around the company building after the guest's blood test, and the backstage staff takes the opportunity to rush in, take the blood source away and move it to the regular instrument for testing.
Wait until 1 hour, Xiao Yi will show people around, and then give the forged test report to the guests.
With a strong heart and invincible brainwashing ability, Xiaoyi's company got better and better until a news in the Wall Street Journal on 20 15 kicked Xiaoyi's scam.
It turns out that Xiao Yi's shocking secret can be hidden so well, or because Xiao Yi's monitoring and control of the company's employees is almost pervasive.
Chat content is monitored, action trajectory is tracked, there is almost no communication between colleagues, no one knows what each other is doing, and employees who know the inside story are asked to shut up.
For those employees who try to report after leaving their jobs, they will not only face threatening letters from lawyers, but also be threatened by Iraqi villains in private, and even their personal safety will not be guaranteed.
Xiaoyi even forced one of the company's chief scientists to commit suicide.
After the incident was revealed, the whole Silicon Valley was shocked and public opinion was in an uproar.
No one expected that this technological myth, which lasted for more than ten years, turned out to be a scam that came out of the garbage dump.
In the following three years, Xiaoyi's company was sued a lot, investors were laid off, and the original team of lawyers also announced the termination of cooperation.
In 20 18, xiaoyi and her ex-boyfriend were both sued by the government for fraud, and the company was officially dissolved, and an era of crazy profits finally ended.
Perhaps from the beginning to the end, Xiao Yi didn't care about any scientific dreams. All she wants is success. She wants to be written into textbooks and put on the cover of magazines with those Silicon Valley giants for people to worship and look up to.
In this scam, all the participants who seem to be victims are the same as Yi. They seem to talk about science all the time, but they never really respect it.
People are not only blinded by her rhetoric, but also covet the huge benefits behind it.
Everyone who tries to profit from it adds fuel to the fire in this false prosperity, but no one really thinks rationally about whether it is feasible.
In the end, every participant became a player, and together they formed a huge lie belonging to the myth of Silicon Valley.