3 ms·
This sounds like survivorship bias. Theranos tried to make something hard, burned through money, and it didn't work out.
by burade 6y ago
This sounds like survivorship bias.
Theranos tried to make something hard, burned through money, and it didn't work out.
- Daishiman 6y agoThere's a difference between doing something hard and running a scam.
- 627467 6y agoRegardless of what theranos was actually trying to do, saying: you should try to do something hard first because it then becomes easier to do subsequent things, doesn't mean guaranteed success at achieving hard goals.
- epx 6y agoThey overpromised and doubled down on scams. The core idea was good, read somewhere that some ex-Theranos people are working on more realistic/humble implementations of that same idea.
- 29athrowaway 6y agoTheranos defrauded investors, healthcare services and patients. The product did not work but they pretended that it did.