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To push this line of reasoning one step further: Therano's CEO's entire strategy seems to have been "fake it till you make it". In other words, many an actuall
by ur-whale 5y ago
To push this line of reasoning one step further: Therano's CEO's entire strategy seems to have been "fake it till you make it".
In other words, many an actually useful/profitable companies was started on an idea that was known to be impossible from the get-go, but they amass enough capital, visibility and momentum that they can later "pivot" to something that actually works.
Whether that scenario falls in the "fraud" bucket is an interesting question.