That's my theory on why Theranos failed. People talk about Silicon Valley like co-founders are using raw genius to solve impossible problems. But the reason un

That's my theory on why Theranos failed. People talk about Silicon Valley like co-founders are using raw genius to solve impossible problems. But the reason untrained twenty year olds can run startups is the problems they're solving ultimately aren't that hard. Building a web application is something people in offices do every day. Now, once those web applications start scaling up and your core product fundamentally works there are certainly hard problems to be solved, but at that point you can start hiring adults, PhDs and people with deep technical expertise. Theranos got into such hot water because you can't just jazz-hands your way out of solving deep scientific problems, like you can cover up the fact that your web application barely works (but will totally work in three months).