theranos is almost a decade and a half old. i'll just come right out and say that the FDA is a sham and I honestly wouldn't care if they Theranos didn't pay ext

theranos is almost a decade and a half old. i'll just come right out and say that the FDA is a sham and I honestly wouldn't care if they Theranos didn't pay extra to have some peer reviewed paper published or adhere to the laws proposed, written, ammended and passed by people without degrees in the field. It is a shame Theranos did some questionanable, unethical & likely illegal things. I wont hold them up as the Unicorn's gift of Zeus here, but I really could care less about red tape. 23andme had an injuction against them by these clowns(fda) so unless soneone here can say in 2008ish 5 years after Theranos was founded, you knew it was going to implode, then I would say would you still not want another company in the space to get funded? Nobody gets points for standing infront of Yahoo right now and sayibg they are in bad shape, shits obvious. However there are many companies succeeding where Theranos failed. As for uBeam, I assumed this would fail. I just looked at it like a privately funded research project. Regardless, it seems like this space is actually succeeding (just not uBeam wireless inplementation) so I am excited about that. tl;dr it's really easy to be negative with a decade or more of hindsight. sure these were collosol failures & that money could have been spent elsewhere, if nothing else these high profile companies likely inspired some competitors and interest in the space and many of them aren't doing something physically inpossible