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> If they had managed to produce the tech they claimed for the price they claimed, would $10 billion be crazy overvalued? Yes, but in the same way that a compa
by legostormtroopr 6y ago
> If they had managed to produce the tech they claimed for the price they claimed, would $10 billion be crazy overvalued?
Yes, but in the same way that a company that promises faster-than-light travel would be worth $10 billion dollars.
Theranos' tech was so far beyond the realms of any reasonable science, yet people still invested.