Mm, I am a pretty big fan of capitalism and innovation... but I still think that when we encounter cases of fraud (especially fraud that went undetected for years), we should update at least a little towards "the system doesn't work as well as we thought"
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Agree, though their hands were somewhat tied. AFAICT, it’s not that Theranos looked “bad,” it just provided patchy evidence about its goings-on to potential $. You’re simply not going to knock a media savvy female founder who’s come to “shake up the old boys’ club” over that
I think the fundamental problem with Elizabeth Holmes was that she was a story SV *wanted to tell.* “Attractive young woman drops out of Stanford, takes over world with consumer product that disrupts dusty industry subject to severe cost disease” is a really really good story
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They wanted a female Steve Jobs and so they got one. As I say, if you're offering big bucks for a platypus, sooner or later someone's going to glue a bill onto a weasel.
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That’s great + IMO there’s another layer, best illustrated by MY FAVORITE GIRL MOVIE OF ALL TIME OMG, The Last Unicorn. Even if you manage to capture a real unicorn, you need to give her a false horn before you put her on display. Otherwise the general public just sees a horsepic.twitter.com/CIerJbkpFu
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