[cornholio]

You keep saying Theranos. Are you of the opinion that we should treat all technical startup founders as probable criminals? I think where Theranos investors failed was when they confused media hype with due diligence. I'm perfectly ok to live in a society where imprudent investors get occasionally burned, if the hype can also put the spotlight on real, non-criminal founders that would have no chance otherwise.

This is far from getting funded, it's a technical concept and we have absolutely no ability or relevant information upon which to call it a fraud.