On Science and Success, and Why Theranos Isn't Worth $9B

I've already given my opinion on Theranos [0] but I want to call this out:

Clinkle might be a joke in 2015, but its core technology surrounding ultrasonic payments was an idea that deserved to be tried and deserved to be invested in. If it had worked out, the results could have been wildly profitable.

I disagree with this. Anyone with any knowledge of payments knew that was a stupid idea.

And it doesn't matter which billionaires invested in it.[1]

0: https://news.ycombinator.com/item?id=10398655

1: https://twitter.com/joshdickson40/status/655481568115445760