Without actual evidence that the test matters for patient health, it’s a basic research project and a toy for biohackers — both of which are fantastic but neither of which make sense as VC-funded startups. They should be small businesses or nonprofits!
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Perhaps the investors *did* know and were trying to find a greater fool? Or perhaps they just thought “she’s a great salesman, she’ll figure it out” and didn’t realize that one way to “figure it out” is to cheat?
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I have met several people who evaded my questions about “how is this startup going to make money?” and “how will this be useful to customers?” and said that didn’t matter, go away little nerd, you don’t understand business. They were never right.
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If a founder, when pressed, straight up denies that business is about mutual benefit, RUN.
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End of conversation
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