Theranos staged demonstrations to fool investors into believing its technology worked. 👀 Investors were pricked for blood, but they never saw the actual testing. Once they left, engineers took the cartridges to scientists who performed the analysis manually. The Edison machine, supposedly the heart of the technology, wasn’t doing the job it was advertised to do. Yet Elizabeth Holmes and Sunny Balwani used fabricated documents and false claims about FDA validation, pharmaceutical partnerships, and military use to help Theranos raise nearly $900 million. The most disturbing part? The deception kept escalating, with Holmes making extraordinary claims about medical breakthroughs that the technology had not demonstrated. Investors thought they were funding a revolution in blood testing. In reality, they were buying into a carefully staged illusion.