I’m about to finish reading “Bad Blood” by John Carreyou. It’s an amazing story about this Sociopathic young woman managed to dupe so many people with her blood testing startup Theranos which turned out to be a fraud. Low key I’ve been reading too many biographies/novels. It’s about time I focused on my core skills— like coding and docker container orchestration.

The thing a out theranos is it didn't start out as a scam, like most ponzi schemes. The initial tests were promising and they'd raised a lot of capital. In the end they had two choices, hope that they could finish their viable product before they ran out capital, or close up shop and refund part of the investment money.

That's honestly the story of 5/6ths of all startups that fail.