Geoff Baird plays in my regular poker game. He's probably one of the smartest people I know and has been regularly denouncing Theranos' methods for several years.
https://news.ycombinator.com/item?id=6349808
NO one refuted it.
The issue is not that smart people didn't know, it's so many people can't see the obvious.
Assuming the comment is ordered correctly it's the masses with the problem. Valid concerns were raised, no one could defend them, but the comment was left at the bottom.
HN, like the media has flaws that don't allow it to correct at even a snails pace.
But if you're smart it's not hard to see the truth, hard part is making money, it was fake from the beginning but who would have thought it'd take so many years to fail in RL. Knowing when to bet against it is the hard part.
IE. Magic Leap will fail, who knows when though.
Been saying this since the beginning and just want to go on record with this again now in case this comes up 5 years from now like Theranos did.
I can't recall of hearing of Theranos before then though, but I'm not in the valley.