There's a part of me that's happy that there's finally a nice example of technology fraud to point to that's a non-medical tech company. After Theranos, the tak

There's a part of me that's happy that there's finally a nice example of technology fraud to point to that's a non-medical tech company. After Theranos, the takeaway has been "biotechs, especially diagnostic companies, especially anything involved with microfluidics, especially if founded by a white female engineer[0], are frauds." Theranos has been explained away as something that happens when Silicon Valley invests in biotech (which is just so stupid - Genentech was founded in the bay...), so instead of using it as an opportunity to rethink what is incentivized and how charisma is rewarded over capability, people instead decided that by adopting a bunch of flawed heuristics, they could avoid the issue forever. Well, here you go! Theranos 2: electric Boogaloo! Turns out Fraud is not industry specific! Who knew!? [0]I know a founder fitting that description that was put through hell because of all the pattern matching. And in my own startup, there was a point where I just straight up stopped mentioning microfluidics because of all the nonstop pattern matching and the dumb questions that resulted. Its so frustrating.