Has anyone dug through the old HN posts about Theranos? I remember people being highly skeptical. How close were they?
His one and only comment. I wonder who he was.
Ultimately until shit hits the fan, everyone would naturally trust the guy backing his belief with cash better than anyone else‘s analysis.
If there was market to short startups perhaps it could be different
The other narrative raising alarms was that she was a woman CEO. It is then a matter of deciding if it is just a success story that the media wants to tell, or a story being pushed for more hype. Once I (and friends/coworkers) looked at it with skepticism, there just wasn't anything of substance there.
I read a doctor saying you can't do that much with that little blood.
I'm not saying I called it. I'm saying someone else called it back then, I believed them and these seemingly unique red flags all played out like the paranoid would believe.