« Law versus ethics: how the new overtime pay rule will play out | Main | Where is NYT's data science team when you need them? »


Feed You can follow this conversation by subscribing to the comment feed for this post.


The WSJ article is behind a paywall, but this is good read https://theconversation.com/the-rise-and-fall-of-theranos-so-many-lessons-in-a-drop-of-blood-57787

So much of investment activity is speculative that people have lost touch with the fundamentals. If you find something better, and people are prepared to pay more than your additional cost then it is a winner. Risk can be difficult to quantify but everything else should be. There are a lot of companies out there who seem to be able to raise huge amounts of money without a great product. Presumably when the tide goes out we will see who is swimming naked, to quote Warren Buffett.

The comments to this entry are closed.

Get new posts by email:
Kaiser Fung. Business analytics and data visualization expert. Author and Speaker.
Visit my website. Follow my Twitter. See my articles at Daily Beast, 538, HBR, Wired.

See my Youtube and Flickr.


  • only in Big Data
Numbers Rule Your World:
Amazon - Barnes&Noble

Amazon - Barnes&Noble

Junk Charts Blog

Link to junkcharts

Graphics design by Amanda Lee

Next Events

Jan: 10 NYPL Data Science Careers Talk, New York, NY

Past Events

Aug: 15 NYPL Analytics Resume Review Workshop, New York, NY

Apr: 2 Data Visualization Seminar, Pasadena, CA

Mar: 30 ASA DataFest, New York, NY

See more here

Principal Analytics Prep

Link to Principal Analytics Prep