- Joined
- Apr 30, 2022
Theranos proved you can fabricate technology out of thin air and grift hundreds of millions from investors. Its a startup tactic where you obfuscate information under the guise of it being so competitive and worried about proprietary issues that you don't reveal the whole operation. Sometimes it works out and the company's lies can actually propel it to stardom because it gave them more time or money, other times its a complete scam with no intention of delivery.So basically it IS just an elaborate scam, based on largely obsolete tech.