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this post was submitted on 24 Sep 2023
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Theranos went down because Holmes was trying to run the same tired start-up scam all the big boys pull but within the confines of the medical industry. She would have succeeded if she had picked something non medical. The FDA doesn't fuck around. If Elon thinks he's smart enough to pull the same shit he's going to "find out" too.
I really, really hope this is the case. I’d love to see him pay some serious consequences, especially if it’s the result of his own arrogance.
I just hope there aren't too many consequences for other people along with it.
Supposedly the FAA doesn't fuck around and yet he managed quite alright with SpaceX, cf https://www.techwontsave.us/episode/186_spacexs_regulatory_evasion_has_consequences_w_eric_roesch