4 ms·
Con artistry is an old profession, this is just the modern take on it. It's the Theranos approach. With a charismatic and strong character as founder you can b
by imiric 6y ago
Con artistry is an old profession, this is just the modern take on it.
It's the Theranos approach. With a charismatic and strong character as founder you can build hype and get investments without even having a product. Being on friendly terms with investors also helps to establish trust.
- Nasrudith 6y agoHere is something which struck me as obvious yet would get furiously disputed: if you care about the charisma of a company head, or any other superficial aspect like City of London fashion etiquette you are being an idiot and are asking to get scammed by privileging what you expect to see above talent. It is what they do that is the important part.
- alisonkisk 6y agoTheranos desperately tried to build a product. They failed and lied about it. The plan wasn't to profit from the fake stuff and exit.
- nradov 5y agoYou're being too charitable to Theranos. Elizabeth Holmes was lying and faking almost from the beginning.