News for hackers. Stuff that matters.

A comment on Fintech founder charged with fraud; AI app found to be humans in the Philippines. Parent comment

Re:Fintech founder charged with fraud; AI app found to be hu... by johnnyanmac on Friday April 11, 2025 @06:51AM (#43652472)
Okay slight correction: |lying to shareholders is okay until they start losing money. Then it's worse than admitting fault.
[ Parent | on HN ]
Re:Fintech founder charged with fraud; AI app found to be hu... by Jensson on Friday April 11, 2025 @08:40AM (#43653119)
Yeah, Theranos would have been hailed as a genius founder move if they managed to make the things work. But since it didn't make money she got put in prison.
[ Parent | on HN ]
Re:Fintech founder charged with fraud; AI app found to be hu... by Suppafly on Friday April 11, 2025 @01:26PM (#43656261)
>Yeah, Theranos would have been hailed as a genius founder move if they managed to make the things work. But since it didn't make money she got put in prison.

The key is to at least be believable. Anyone with any sense realized that Theranos' claims were literally impossible.

[ Parent | on HN ]