Answered from This 3-hour Elizabeth Holmes doc broke our brains · My First Million · 2026-10-20
Yes, with a caveat. Ben says there is too much evidence that Holmes knew and was complicit, though she may not have known everything. His view is that she did not see it as fraud but as doing whatever it took to reach a big mission. Shaan Puri agrees: she knew what was going on, it was fraud, but she framed it as fake-it-till-you-make-it determination.
“There's too much evidence that she knew.” Ben · at 52:40 — open in the transcript →
“the line between crime and hustle is thinner than people think in the startup world.” Ben · at 53:35 — open in the transcript →
Source: our own transcription of the episode. The full conversation is on My First Million (2026-10-20). Read the whole episode summary →