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by pzo 143 days ago
Theranos were also hyping a lot and trying to build some stuff. There is some threshold (to be decided where) after which something is more of a fraud than a hype.

Also these days stock market doesn't have much relation to real state of economy - it's in many ways a casino.

2 comments

Not sure who determines the threshold, he certainly goes to court more than your average person, but these are not start ups, they are large companies under a lot of scrutiny. I don't think the comparison is valid
>Not sure who determines the threshold

The SEC.

>he certainly goes to court more than your average person

Yes because he sues a lot of entities for silly things such as some advertisers declining to buy ads that display next to pro-hitler posts, or news outlets for posting unaltered screenshots of a social media site he acquired.

If Theranos promised ten amazing innovations or useful products, got 7 of them to market to great success while revolutionizing their industry I'd forgive them if their other 3 products turned out to be hype.