Theranos 2.0 folks. I really don’t understand how some of these companies get funded. Do you think VC’s feel bad that they don’t fund enough women entrepreneurs so they over-react and fund scam artists like Holmes & Perry? If anything this makes it more difficult for other female entrepreneurs to raise - which is a real shame if you ask me. https://techcrunch.com/2018/09/20/ubeam/
Overpromised and under delivered. Problem is that she was given a lot of you go girl type of encouragement and funding without looking at the underlying technology and realities. There is as much blame on her as the people who enabled her. The desire to see females succeed in this sector regardless of their merit is what brought her to this.
Isnt the track record for women significantly worse than men? I recall a few studies from Harvard that looked at this..
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Wireless charging "at a distance" so air will start conducting electricity with Amazon and Apple style whiplash of employees?
Remote flame-throwers coming up at their next demo? Last 7 years must have been sweeeet!
Those two companies were hardly the only fake it till you make it start ups. If anything its standard business practice.
I think VCs are willing to make 100:1 bets.
There were plenty of physics experts who showed UBeams promised technology would have to break fundamental laws of physics to work at the efficiencies they claimed. How intelligent are these VCs if they don't understand fundamental physics?
What’s great is if you ever need a haircut, just take a call. The directed energy beam will take care for you.
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Theranos 2.0??? TLDR?