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Startups failing is a healthy effect of the market differentiating good ideas from bad. Of course we all want it.


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.




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