91–100 of 280 posts
Earlier quoted context omitted.
If you pull a string that has the length of 1au, would it take 8 minutes for the other side to react to the tug, or would it move as soon as you pull the string?
Even rarefaction obeys the speed of light. :)
I've talked to over 100 hematologists. This business, didn't pass a basic litmus test of objective criticism from people who work in the space. There seems to be this bravado among founders who believe they're sticking it to all the people who say something's amiss. I think if there's an elephant in the room though, it probably should be assassinated with a huge body of transparent evidence.
To be fair, that is how innovation occurs. There are many examples of "ridiculous" ideas that ended being wildly successful. Where would Elon Musk be if he listened to all of the incumbents who said that his ideas would never work? Obviously, the putative innovators massively failed in this case, but I don't think that the outcome proves that their original idea was fatally flawed, or at least that it wasn't worth at…
I have no sympathy for her. It's incredibly irresponsible to do what she did- play marketing games with medical technology. Theranos' unethical behaviour has made it much more difficult for future innovation in the medical field, and has potentially cost lives. This sanction is appropriate. My fiancee works as a laboratory scientist in a hospital conducting patient sample testing, and her and her co-workers take thei…
It's a cold fusion moment for all medical innovation perceived as coming from a 'start-up.' Funding for real fusion research is still difficult to come by because of the shadow of the cold fusion debacle...
There is a huge credibility gap in fusion research, due to no fault in the mainstream research community.
Earlier quoted context omitted.
To be fair, that is how innovation occurs. There are many examples of "ridiculous" ideas that ended being wildly successful. Where would Elon Musk be if he listened to all of the incumbents who said that his ideas would never work? Obviously, the putative innovators massively failed in this case, but I don't think that the outcome proves that their original idea was fatally flawed, or at least that it wasn't worth at…
Elon Musk wasn't playing with people's lives. The FDA exists for a reason.
Schadenfreude is probably merited in this case, but I for one think one needs to consider that this could quickly spiral down and end up in Holmes taking drastic action that we will all regret. Hope my meaning comes through here.
I tend to see YC as being more "evolved" than other VC's, but I also think that these problems are more ingrained into the human condition.
YC could consider making funding contingent on all high level company officers attend or participate in some kind of ethics course. It could even be remote.
There could also be penalties built into VC agreements. If a company violates contracted ethical rules, then penalties could include replacement of staff, more shares being given to the VC, low share buyback prices for the VC, etc.
It could also be a two-way street. If YC violates some kind of ethical rule, then they could be punished by having to do something for the companies they represent.
Ethics are important but so far they have just been "best practices" in our industry and not something contracted and enforced.
Earlier quoted context omitted.
To be fair, that is how innovation occurs. There are many examples of "ridiculous" ideas that ended being wildly successful. Where would Elon Musk be if he listened to all of the incumbents who said that his ideas would never work? Obviously, the putative innovators massively failed in this case, but I don't think that the outcome proves that their original idea was fatally flawed, or at least that it wasn't worth at…
Innovation requires fraud?
Earlier quoted context omitted.
To be fair, that is how innovation occurs. There are many examples of "ridiculous" ideas that ended being wildly successful. Where would Elon Musk be if he listened to all of the incumbents who said that his ideas would never work? Obviously, the putative innovators massively failed in this case, but I don't think that the outcome proves that their original idea was fatally flawed, or at least that it wasn't worth at…
Theranos promised a faster, cheaper way of doing something. Tesla built a very expensive sports-car, before they advanced towards cheaper products for the masses.
I've talked to over 100 hematologists. This business, didn't pass a basic litmus test of objective criticism from people who work in the space. There seems to be this bravado among founders who believe they're sticking it to all the people who say something's amiss. I think if there's an elephant in the room though, it probably should be assassinated with a huge body of transparent evidence.
To be fair, that is how innovation occurs. There are many examples of "ridiculous" ideas that ended being wildly successful. Where would Elon Musk be if he listened to all of the incumbents who said that his ideas would never work? Obviously, the putative innovators massively failed in this case, but I don't think that the outcome proves that their original idea was fatally flawed, or at least that it wasn't worth at…
Even then, he almost failed.
Sometimes company leaders have severe problems with ethics. As mentioned in other comments, even YC has had companies that have bundled adware/malware with software, practiced dark patterns, hidden news of security breaches, etc. I tend to see YC as being more "evolved" than other VC's, but I also think that these problems are more ingrained into the human condition. YC could consider making funding contingent on all…
Airbnb: The Growth Story You Didn't Know https://growthhackers.com/growth-studies/airbnb
Airbnb Cofounder Was One Of The Worst Spammers In The World, Says His Freshman Roommate
http://www.businessinsider.com/airbnb-co-founders-freshman-r...