However, the basic idea actually is possible, but only for a very select few of the tests they proposed (which they still unfortunately didn't really get right of course). My point is that, unfortunately, the tests that are possible to do now won't get a company to form out of it - simply because they ruined the scene for everyone. Anyone trying to get a company going in this area and raising money for it will be met with a complete block of resistance because of the precedent set, even if the technology is actually completely reliable.
So, no very quickly people were calling Theranos either incompetent or fraudulent.
My point is that the general idea was not a bad idea, and because it was so badly mismanaged (trying to add too many products and run before walking, using other companies' tech illegally, etc, etc) we now are worse off because few people want to attempt doing the possible ideas in this space (because people think none of it is possible - which is simply not true).
The company that could reliably be made is far less 'attractive' of course, but it would still be quite beneficial.