Earlier quoted context omitted.
> In the next couple of years, we're probably going to see companies like Nootrobox, Stemcentrx, and Theranos go belly up, after which investor interest in the healthcare industry will dry up, just as it did in the energy industry after the late 2000s. More likely, what will happen is the the BS artists that smell money will go away (and their financiers) leaving the field again to those that were active there before…
Good point - I edited that sentence to say 'SV investor' instead. There were, are, and always will be people outside of the technobubble innovating in fields like healthcare and energy, they just won't get plastered on magazine covers and fêted by the Twitterati.
Most science and real innovation are not sexy, if you start seeing a CEO prior to achievement on a magazine cover that's a red flag imho.