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Re:uBeam's insider story by ex employee? by rdtsc on Tuesday May 10, 2016 @11:31PM (#11672475)
> Surely the VC's are performing their due-diligence and there are adults minding the store?

If your goal was to run a startup (not necessarily build a product, but just be a CEO of a startup), you just had to find someone with money more stupid than you.

I saw it happen before. Someone came with a silly idea for the company, managed to convince a few non-very technical people to trust them, and off they went playing SV CEO for a while.

If startups weren't hot a few years ago, they'd probably be buying and selling subprime mortgages or other such thing.

Gotta wonder what is next in the pipeline. VC money is drying up I hear but money doesn't like to stay put, wonder what's the next bubble (genetics, robots, self driving cars, medical devices...)?

Re:uBeam's insider story by ex employee? by w1ntermute on Wednesday May 11, 2016 @10:44AM (#11675750)
> Elizabeth Parrish, CEO of the biotech company BioViva, claims that her body's cells are 20 years younger after testing her company’s age-reversing gene therapy on herself.

> The 45-year-old Seattle-area woman, who has no scientific or medical training, underwent the experimental treatment last September in an undisclosed clinic in Colombia. The unorthodox, overseas trial, which was designed to skirt US federal regulations, prompted the resignation of one of the company’s scientific advisors. George Martin, of the University of Washington, quit after telling MIT Technology Review, "This is a big problem. I am very upset by what is happening. I would urge lots of preclinical studies.”[0]

She'll be raising a series A in no time.

0: http://arstechnica.com/science/2016/04/ceo-tests-crazy-genet...

Re:uBeam's insider story by ex employee? by rdtsc on Wednesday May 11, 2016 @11:47AM (#11676358)
I guess genetics is the new bubble ;-).

Previously if uberfordogs.ly failed dogs didn't make it to the park in time to play with their friends. I am afraid to find out what happens when growanextrabrain.io fails.