how Theranos could fool so many investors for so long?

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Someone with a PhD in microbiology explained to me (a layman) why what Theranos was claiming to do was impossible. She said you cannot test only a single drop of blood for certain things because what you are looking for literally may not be there. You need a full vial of blood to have a reliable chance of finding many things.

1. Is this simple but clear explanation basically correct?

2. If so, how could Theranos hoodwink investors for so long when possibly *millions* of well-educated people around the world knew that what they were claiming to do made no sense?

In: Biology

22 Answers

Anonymous 0 Comments

> possibly *millions* of well-educated people around the world knew that what they were claiming to do made no sense?

There were millions of uneducated people around the world who didn’t want to listen. That, and the fact that some people thought *What if it’s real and I’m missing out on a golden opportunity?* was enough to make a decent amount of people invest.

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