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I think Theranos' case is more like: If you really really hope something will work, but you know it does not work now, is it lying to say "it works"?

Yes, it is.



Agreed. This isn't like a typical silicon valley startup which is hoping that their business becomes profitable once it reaches scale. This is our product does not work to the specifics required by the federal government but we sold it to consumers anyways.




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