2. I don't do blood analysis, but I am acquainted with chemical instrumentation and have a general ideal of what it requires. I also am able to search the internet to find more.
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3. Maybe a half-hour's work convinced me that Theranos's claims were unlikely to be true.
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4. Some very famous and supposedly very smart people were on Theranos's board. Henry Kissinger Bill Perry George Shultz Sam Nunn Bill Frist Gary Roughead James Mattis Dick Kovacevich Riley Bechtel William Foegehttp://fortune.com/2015/10/15/theranos-board-leadership/ …
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5. Most resigned as Theranos's problems emerged. But why didn't they do minimal due diligence before they joined the board? Or ask hard questions?
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6. Why did Holmes draw on so many national security people for a health corporation?
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7. Why were those people so willing to accept?
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Replying to @CherylRofer
My suspicion, in a word: networking. Without wanting to be overly cynical about it: when you're building support for ANYTHING unconventional, you need to show you have buy-in from respected people. You use your existing connections to get others, and then leverage reputations.
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Replying to @wellerstein @CherylRofer
This is LARGELY the most useful thing I learned how to do at Harvard as an aside. It is frankly what Harvard as an institution excels at. The names on that list are Stanford-centric, so I assume the same dynamic is as work.
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Replying to @wellerstein @CherylRofer
And I would again emphasize that not-just-bad-guys do this. I don't know any other way to launch big things if you don't have the reputation yourself. But if the core turns out to be rotten, it looks shady.
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Replying to @wellerstein
I think this is all plausible. But golly gee, I would have checked out something like this a little more carefully than they did, networking or not. Or maybe networking requires that suspension of critical thought. I went to a different kind of college.
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Silicon Valley does encourage a wishful thinking that is frequently *deliberately* uncritical, to avoid strangling ideas before they are fully born. You can see the argument for it, I guess. But yeah. Looks quite bad here!
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Replying to @wellerstein
I had a boss like that once. You get a lot more garbage than good ideas that way.
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Replying to @wellerstein @CherylRofer
(and sometimes I just need a paycheck)
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