It’s based on the true storey of Elizabeth Holmes (Amanda Seyfried), a Stanford dropout who founds Theranos, a medical-tech startup that promises to revolutionise blood testing.
As time passes, though, Elizabeth fails to keep her vow and finds herself in danger. By the third episode, she is facing serious consequences as a result of her indecisiveness, and she is in danger of losing her job.
If you’re curious about what happens to Elizabeth and Theranos in the first three episodes of ‘The Dropout,’ here’s a rundown of all the important events.
WARNING: SPOILERS AHEAD!
Recaps of Episodes 1, 2, and 3 of ‘The Dropout’ TV Series
‘I’m in a Hurry,’ the premiere episode of Hulu series ‘The Dropout’, introduces viewers to Elizabeth Holmes, whose family goes through a difficult period after her father loses his job.
It inspires Elizabeth to want to establish her own business. She travels to Beijing and meets Ramesh “Sunny” Balwani, a businessman. After Elizabeth returns to the United States, the two become close and stay in touch.
Elizabeth begins her studies at Stanford University and works on her own product development. Her professor, Phyllis Gardner, however, dismisses her initial notion flatly.
Soon after, Elizabeth comes up with a solution that makes blood testing easier. As a result, Elizabeth quits out of Stanford and finds Theranos, her own company.
Elizabeth’s affair with Sunny continues in the second episode, titled ‘Satori,’ while she sets up her company. Elizabeth employs biologist Ian Gibbons to create the device’s technology with the help of her professor, Channing Robertson.
Engineers Edmond Ku and Rakesh Madhava assist Elizabeth in the development of a prototype device. However, production is expensive, and Elizabeth needs to raise finances soon.
She approaches a number of Silicon Valley venture capitalists but is unable to secure finance until Don Lucas decides to take a chance on her. With the extra funding, Theranos continues to develop on the prototype and receives its first successful reading.
The prototype, however, fails when the business prepares to show the device to a Swiss pharmaceutical company. Elizabeth obtains contracts by demonstrating previously collected data rather than actual readings.
‘Green Juice,’ the third episode, is named. Under the strain of running the entire firm at such a young age and with so little expertise, Elizabeth begins to unravel.
The prototype is still not ready for market, and Elizabeth’s leadership and claims are causing concern among the board of directors. Elizabeth’s relationship with Sunny, meanwhile, is deteriorating.
As a result of the company’s failure to fulfil deadlines, many of the company’s contracts are revoked, and the board decides to hold a vote of no-confidence in Elizabeth’s leadership.
Elizabeth devises a desperate ruse to avoid being fired, with the threat of losing her job and her goal looming over her head.
Is ‘Elizabeth’ Fired At The End of Episode 3 of ‘The Dropout’?
Elizabeth loses control of the corporation near the end of the third episode when different causes escape her grasp. Richard Fuisz, a businessman and her next-door neighbour, sends her a legal notice regarding a patent he owns.
After recruiting Brendan Morris as Head Engineer and adopting a new approach to the gadget, she is compelled to fire Edmond. Soon later, Rakesh resigns due to dissatisfaction with Elizabeth’s leadership.
Furthermore, Ana learns of Elizabeth’s unethical activities and, along with the rest of the Design Team, resigns.
To make matters worse, Elizabeth’s relationship with Sunny is on shaky ground, so Don convenes a meeting to remove her from her position as CEO.
Despite the odds stacked against her, Elizabeth is determined to maintain her firm and keep her position as CEO. As a result, she devises a devious scheme to persuade the board of remembers to vote in her favour at the no-confidence vote meeting.
Elizabeth bemoans her indecisiveness and lack of expertise, but she assures Don that she can turn the company around. Sunny will be hired as an official consultant and Chief Operating Officer, she explains.
Want to hear Amanda Seyfried transform into Elizabeth Holmes and do the infamous voice?
Just tap your fingertip on the ♥️ Our proprietary technology will take care of the rest. #TheDropout
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Sunny will also bring in a $20 million investment, according to her, which will aid the company’s Research & Development and reclaim investors’ faith.
Elizabeth, on the other hand, has yet to speak with Sunny about the situation and continues to play her cards blindly.
Despite this, Elizabeth’s action is successful, as the board agrees to keep Elizabeth as CEO and accepts Sunny’s appointment as COO to assist and mentor Elizabeth. In the end, Elizabeth only needs a few minutes to persuade Sunny, who appreciates the cleverness of her scheme.
Elizabeth narrowly avoids being fired as a result of this. Elizabeth resumes her job as CEO with newfound zeal and desire at the end of the episode.
Finally, Elizabeth demonstrates that she has what it takes to be a CEO by protecting both her job and her relationship with Sunny in a single action.
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