<story><title>Theranos Secretly Bought Outside Lab Gear, Ran Fake Tests: Court Filings</title><url>https://www.wsj.com/articles/theranos-secretly-bought-outside-lab-gear-ran-fake-tests-court-filings-1492794470</url></story><parent_chain><item><author>adventured</author><text>It&amp;#x27;s a frequent fine line in tech.&lt;p&gt;To get a contract, Bob Noyce claimed for a buyer that Fairchild could produce &amp;amp; deliver a new type of transistor, in a large quantity, without having any production capability for it yet, as it had never been built.&lt;p&gt;Excite bid on getting a place on Netscape&amp;#x27;s browser, before having the money to actually pay for it (they figured they&amp;#x27;d get it afterward):&lt;p&gt;&lt;a href=&quot;http:&amp;#x2F;&amp;#x2F;bnoopy.typepad.com&amp;#x2F;bnoopy&amp;#x2F;2004&amp;#x2F;09&amp;#x2F;persistence_pay_1.html&quot; rel=&quot;nofollow&quot;&gt;http:&amp;#x2F;&amp;#x2F;bnoopy.typepad.com&amp;#x2F;bnoopy&amp;#x2F;2004&amp;#x2F;09&amp;#x2F;persistence_pay_1.h...&lt;/a&gt;&lt;p&gt;Microsoft on multiple occasions said or implied they had something they didn&amp;#x27;t have at the time, in dealing with MITS and IBM.</text></item><item><author>exhilaration</author><text>It&amp;#x27;s easy to fool yourself into believing that the fraud is just a temporary necessity while you work out the final kinks in your product.</text></item><item><author>Mz</author><text>Wow. Okay, this takes it from &amp;quot;Shit happens and people can be totally deluded&amp;quot; to actual, genuine fraud.&lt;p&gt;Edit: Also, how can people be that stupid? You have to know the truth will eventually come out? Right? Or, no?&lt;p&gt;I don&amp;#x27;t get it.</text></item></parent_chain><comment><author>stanfordkid</author><text>I went to Stanford (hence the screen name) ...&lt;p&gt;Stanford students are generally sheep that know one thing for certain: That they are smart enough to get into Stanford and that they now have pretty much zero excuse to not be successful.&lt;p&gt;They assume that other things (vision, relentless lifelong obsession) are means to ends. It is a fertile breeding ground for what Trungpa Rinpoche most accurately describes a &amp;quot;Spiritual Materialism&amp;quot;&lt;p&gt;Their logical conclusion is that the key to success is not relentless pursuit of practice, but rather playing tricks like the ones you describe.&lt;p&gt;Bob Noyce, Bill Gates, Marc Andressen all succeeded as a result of their passion and relentless dedication to a narrow problem space over years of effort. They saw &amp;quot;the truth&amp;quot; and thus were able to make those leaps. &amp;quot;Truths&amp;quot; are always present in every society ... and are hidden. Unfortunately it requires dedication to uncover such truths and most stanford students would rather re-use the same hammer that got them into Stanford on real life than to truly seek &amp;quot;truth&amp;quot;.&lt;p&gt;That&amp;#x27;s my 2 cents.&lt;p&gt;EDIT: I can see how this was condescendingly phrased and discriminatory towards a large group of people. We should all note that the person who outed Ms. Holmes was also a Stanford student and did something very brave. I was just annoyed with seeing this pattern everywhere and even partaking in it myself -- something that impacted me very negatively.</text></comment>
<story><title>Theranos Secretly Bought Outside Lab Gear, Ran Fake Tests: Court Filings</title><url>https://www.wsj.com/articles/theranos-secretly-bought-outside-lab-gear-ran-fake-tests-court-filings-1492794470</url></story><parent_chain><item><author>adventured</author><text>It&amp;#x27;s a frequent fine line in tech.&lt;p&gt;To get a contract, Bob Noyce claimed for a buyer that Fairchild could produce &amp;amp; deliver a new type of transistor, in a large quantity, without having any production capability for it yet, as it had never been built.&lt;p&gt;Excite bid on getting a place on Netscape&amp;#x27;s browser, before having the money to actually pay for it (they figured they&amp;#x27;d get it afterward):&lt;p&gt;&lt;a href=&quot;http:&amp;#x2F;&amp;#x2F;bnoopy.typepad.com&amp;#x2F;bnoopy&amp;#x2F;2004&amp;#x2F;09&amp;#x2F;persistence_pay_1.html&quot; rel=&quot;nofollow&quot;&gt;http:&amp;#x2F;&amp;#x2F;bnoopy.typepad.com&amp;#x2F;bnoopy&amp;#x2F;2004&amp;#x2F;09&amp;#x2F;persistence_pay_1.h...&lt;/a&gt;&lt;p&gt;Microsoft on multiple occasions said or implied they had something they didn&amp;#x27;t have at the time, in dealing with MITS and IBM.</text></item><item><author>exhilaration</author><text>It&amp;#x27;s easy to fool yourself into believing that the fraud is just a temporary necessity while you work out the final kinks in your product.</text></item><item><author>Mz</author><text>Wow. Okay, this takes it from &amp;quot;Shit happens and people can be totally deluded&amp;quot; to actual, genuine fraud.&lt;p&gt;Edit: Also, how can people be that stupid? You have to know the truth will eventually come out? Right? Or, no?&lt;p&gt;I don&amp;#x27;t get it.</text></item></parent_chain><comment><author>rhino369</author><text>Promising to do something you aren&amp;#x27;t entirely sure you can do or haven&amp;#x27;t done yet, isn&amp;#x27;t fraud unless you lie about having done it before or being ready to go tomorrow or something.&lt;p&gt;Arguably, it is not even fraud when Theranos took samples and used a different method of testing (as long as the testing was just as accurate).&lt;p&gt;Therano&amp;#x27;s fraud was then telling investors and potential partners&amp;#x2F;clients that it had been testing using their test, when they really weren&amp;#x27;t. That is a lie designed to get additional funding or contracts.</text></comment>