The Theranos story is notable ( as a tech insider I have a lot of sympathy for startups). A company coming out of stealth with a $8b valuation, claiming something groundbreaking, climbing the pinnacle of media adulation ...and not having a working product. That’s remarkable.
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It's easy to have clear hindsight... Magic Leap seems similar but may actually be legit & successful. FOMO fuels alot of risky bets.
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