You are layering rationalization around the original negative comments blaming statements and speaking for others. It's not appropriate to raise dissonance and then wish for more failure of startups. The startups are not to blame, but their business models are.
> The startups are not to blame, but their business models are.
That's kind of like saying it's not the robber who killed, but the blade of his knife, therefore the robber should not be blamed.
Business models don't just appear out of thin air to strike at unsuspecting people. They're willingly created and perpetuated by people in the process of running their companies, and thus the people (and the companies) are ultimately responsible for the consequences.
Clearly there is a disconnect on this thread that I approve of theranos and that I don't accept companies failing as a possible good thing.
Of course theranos did bad things and of course I companies failing can be good for the market but I don't hope for it just because I don't think the company is "humble".
And even if I think the company is getting unfair privileges and lacks humility I'd rather the company pivot or adjust then complete failure. And that whoever is enabling them (company) change as well!
Complete failure aka bankruptcy (or analog) is very bad particularly if the company is bigger.
Changing where you work can be as life changing as moving. Not all employees of a massive company have easy to switch jobs like developers do.
