Pretty much the opposite. Thank God we live in a country where businesses can fail instead of heaping our cash to a government that cannot.
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Imagine all the Theranos's in our government that still exist and won't fall apart because it's the government and they have no investors who care about staying accountable to the capital invested.
End of conversation
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Am I to believe Theranos somehow generated (or impaired our ability to reduce) more CO2 than the average business activity? How could it possibly be compared to Deepwater Horizon? What do these things have in common, other than jerking the same reflex for moral outrage?
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So much VC is going to putting cabbies out of work, for a so-far profitless result. Maybe some ppl have too much money. Human & institutional analogues to cities that have become parking lots for looted wealth.
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