I was really hoping that Theranos was going to take on the blood testing duopoly of Quest and Labcorp that charge outrageously high fees for all their blood tests and finally disrupt this area of health care and significantly lower costs for patients. It's a real tragedy that Theranos turned out to be a total fraud and not only trashed the reputation of Silicon Valley and startups but also will make it harder for entrepreneurs to get funding especially women founders which is a real shame.
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I was really hoping that Theranos was going to take on the blood testing duopoly of Quest and Labcorp that charge outrageously high fees for all their blood tests and finally disrupt this area of health care and significantly lower costs for patients. It's a real tragedy that Theranos turned out to be a total fraud and not only trashed the reputation of Silicon Valley and startups but also will make it harder for entrepreneurs to get funding especially women founders which is a real shame.