99¢-Theranos style is better. Takes a lot longer for investors to notice.

If you think that's the bar: it's been done, many times over. The unit-cost-profitability test was ignored by many VCs (they learned something and if they had deep enough pockets they got to play again).

> If revenue growth was all that mattered

Straw man. Nobody argued this. What was falsely stated at the start was turning investor dollars into revenue is easy.

I specifically went into unit economics elsewhere [1].

[1] https://news.ycombinator.com/item?id=50243393