Stanford Dropout Says Blood Startup Won't Be Another Theranos

Re:Stanford Dropout Says Blood Startup Won't Be Another Ther... by Sangermaine on Monday August 28, 2017 @11:55AM (#15117447)

To avoid being another Theranos they simply have to be able to publicly demonstrate their products work and do what they claim. When they start making excuses and withholding that, run.

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Re:Stanford Dropout Says Blood Startup Won't Be Another Ther... by ttandon on Monday August 28, 2017 @12:53PM (#15118060)

agreed! checkout our data (including 3rd party run studies): https://athelas.com/publications.

we also ran a live demo with sarah from TC here: https://techcrunch.com/2017/08/28/athelas-launches-its-amazo...

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Re:Stanford Dropout Says Blood Startup Won't Be Another Ther... by quoquoquo on Monday August 28, 2017 @12:03PM (#15117527)

I think we will see something like that. Theranos was blatant fraud by an individual who came from a family of money, and felt the need to protect the "fragile, young vulnerable women of tech".

Even as Theranos, there were lot of people defending Holmes, and attacking people who were calling her a scammer.

I definitely don't think we are going to see any of that this time.

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Re:Stanford Dropout Says Blood Startup Won't Be Another Ther... by rhizome on Monday August 28, 2017 @01:53PM (#15118624)

Even as Theranos, there were lot of people defending Holmes, and attacking people who were calling her a scammer

I think that would have happened regardless of who was leading the company, because a lot of people stood to make a lot of money from their success.

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Re:Stanford Dropout Says Blood Startup Won't Be Another Ther... by cowsandmilk on Monday August 28, 2017 @12:46PM (#15117993)

> felt the need to protect the "fragile, young vulnerable women of tech".

I've seen plenty of men with similar frauds in the healthcare space. Theranos just got a lot more attention because it was a young female CEO. So, lots of attention on the upswing, which led to a huge fall. Reading Adam Feuerstein will show you plenty of white men in their 50's pushing similar BS while leading publicly traded companies. And the reporters exposing the BS get attacked constantly by duped investors on Twitter.

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Re:Stanford Dropout Says Blood Startup Won't Be Another Ther... by quoquoquo on Monday August 28, 2017 @12:54PM (#15118074)

It got a lot of attention because of the size of the scam and she came from a place of money which she used to further her goals.

Imagine if this was a non-white male CEO, could you imagine how different public opinions would've been? She got some sort of soft landing because she was white, gender and her family wealth.

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Re:Stanford Dropout Says Blood Startup Won't Be Another Ther... by cowsandmilk on Monday August 28, 2017 @01:18PM (#15118275)

> Imagine if this was a non-white male CEO

Sure, I can imagine. Look at the "Bridge" detox device which is being pushed by a Filipino American male. No randomized, blind clinical trials showing it works, but it is being used all over America in clinics where it is not covered by insurance. I'm guessing you've never heard of this scam, so I would say that public opinion about it is indifference rather than outrage.

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Re:Stanford Dropout Says Blood Startup Won't Be Another Ther... by dragonwriter on Monday August 28, 2017 @03:54PM (#15119540)

Yeah, but public attitudes toward substance abuse treatment vs. “real” medicine are substantially different, in part because the former is widely seen as only needed by moral reprobates.

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