Comment by hn_throwaway_99

Episodes like this really highlight how Theranos was not just a case of "Silicon Valley overhyping" taken to an extreme, as has often been portrayed in the media. Flat out lying to investors is a cardinal sin in the Valley, and the line between selling a future vision and what your current capabilities are is not really gray. It would have been one thing to say, for example, that "we plan to be able to run 1000 different tests in a year", and not deliver, vs flat out saying "our technology can run all those tests today", which it most definitely couldn't.