Just because something is in do-or-die situation doesn't mean that they have some kind of magical advantage over fat cat. Being in that situation means there is very real possibility of doing "die" part and we have lots of examples of them doing so.

Theranos didn't get out-competed by the fat cat. They defrauded their investors, got caught, the founder went to jail and the company died.

But what does a fraudulent company have to do with a company that’s generating a run rate of $14b?

I mean Amodei is basically slightly higher than a fraudster.

Oh please, less hyperbole.

The guy was hawking the doubling of human lifespan at some elderly potential investors... I really wonder why he decided to raise that point in that particular situation? Kind of going straight to our deepest fears.