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Fake it til you make it is a fundamental principle of startups. We just don’t usually see it at such a vast scale.

There’s a timeline where Theranos was acquired for 9b by UnitedHealth if they could keep the grift alive juuust a bit longer and Elizabeth Holmes ascends to the tech firmament permanently while her enablers congratulate each other.

Tesla has even more and deeper financial and branding defense mechanisms. That said, the clock is ticking, now, I think




> Elizabeth Holmes ascends to the tech firmament permanently while her enablers congratulate each other.

Holmes and at least some of her supporters still ardently insist, to this day, now that everything is out of the bag, the "pulling filing cabinets in front of doors to specific labs on FDA inspection days so they only see the labs we want them to" crap, all of it, that she, and humanity, have been robbed of the truly magnificent biomedical advances that Theranos was just about to solve.


Wouldn't United Health have been in the same position as HP when they acquired Autonomy for $10b in 2011 on the basis of their cooked books?




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