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It may be the case that Theranos could not "figure it out" as it may be impossible to do what they claim they could. In that case there is no reason for Therano
by pg_bot 9y ago
It may be the case that Theranos could not "figure it out" as it may be impossible to do what they claim they could. In that case there is no reason for Theranos to exist as the real fix would be to do what existing labs already do (draw more blood) and they would not have any competitive advantage in their field.
The correct move is to always be honest with results and to pursue one of two strategies. Spend the rest of the money they have attempting to perfect a machine that is likely to never work, or return the rest of your investors money and close up shop.
The healthcare market does not tolerate fuck ups. If you are working in this space you have to be tough and competent. Things need to work as advertised or you will be sued out of existence.