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You could claim the same about Tesla, it has a lot of expert criticizing their financials but it is still up in the air if they are right or wrong. I guess if i
by lalos 7y ago
You could claim the same about Tesla, it has a lot of expert criticizing their financials but it is still up in the air if they are right or wrong. I guess if it does fail people will claim that it was obvious all along...
- ashtonkem 7y agoTesla sells a product. Whether or not their business model around the product will work and whether the company is well administered is debatable. With Theranos the experts were skeptical that the product was theoretically even possible, and they never demonstrated it working to anyone. All the “demonstrations” involved cheap tricks of shuffling people from room to room so lab techs could manually process the samples. Furthermore anyone doing basic due process could’ve gotten a traditional lab test and compared to the Theranos tests, exactly like investigative reporters did later. Such an obvious test would’ve revealed problems much earlier, and nobody on the inside decided to try that. At least with Tesla you can actually buy a car and actually drive it.
- astura 7y agoNo, you can't say that about Tesla, nobody ever said making an electric car was literally impossible. Quite the contrary, the technology is well understood. The experts raised the red flags very early that what Theranos was trying to do didn't appear to be scientifically possible based on current knowledge.