Re: [Vo]:Fake it till you make it
In reply to Jürg Wyttenbach's message of Fri, 6 Sep 2019 00:49:53 +0200: Hi, [snip] >Randy Mills will face the same, if he cannot manage to enhance his >reaction with a second LENR step. >J.W. I've been trying to tell him that for years, but he won't have a bar of it. Regards, Robin van Spaandonk local asymmetry = temporary success
Re: [Vo]:Fake it till you make it
Jürg Wyttenbach wrote: > You can always sell a good idea without any true relation to reality if > you manage to produce/show the investors a better reality... > The company did not only sell that idea to investors and bigwigs such as a former Secretary of State. It also sold the idea to many skilled researchers. Those researchers devoted years of their lives to try to make the technology work. They largely failed. We should not condemn them for trying. They were experts and they thought the idea might have a true relation to reality. No one knew for sure, and there was no way to find out except by trying. They were aware or problems such as "contamination from skin, tissue . . ." They thought they could work around these problems. There were some examples of blatant fraud in the company. But there was also many technical failures. We should never condemn the latter as unethical. You cannot have progress without failures. >
Re: [Vo]:Fake it till you make it
Am 05.09.19 um 20:27 schrieb Jed Rothwell: I do not think there was any IP to sell off when they liquidated. That's a waste of money and talent. It is a shame. But it is _not_ criminal, and not fraud. According to German scientists there exist about 20 tests that can easily be done with tiny amounts of blood. The main problem is that you need a professional for taking the blood because the main reason for failure was contamination from skin, tissue etc.. You can always sell a good idea without any true relation to reality if you manage to produce/show the investors a better reality... Randy Mills will face the same, if he cannot manage to enhance his reaction with a second LENR step. J.W. -- Jürg Wyttenbach Bifangstr.22 8910 Affoltern a.A. 044 760 14 18 079 246 36 06
Re: [Vo]:Fake it till you make it
I agree that is a good book. Very interesting. There are some unsettling parallels to some aspects of cold fusion research. I think some of the reviews and comments got the story wrong. They portrayed both Holmes and the company as complete fakes, with no redeeming qualities. She was a fake, but many of the people at the company were honest researchers making a serious effort to improve the technology. They failed. As I recall from the book, the project did not meet any of its objectives. I do not think there was any IP to sell off when they liquidated. That's a waste of money and talent. It is a shame. But it is *not* criminal, and not fraud. It better not be, or every programmer will end up jail, along with all cold fusion scientists. We must be careful not to condemn failure, or equate it to being stupid or negligent, or worse, criminal. Any R worth doing is risky. It can always fail. If you knew for sure it would succeed, it wouldn't be research.
RE: [Vo]:Fake it till you make it
Right. That was the basis for the “orange turtleneck” comment. However, she is such an well-practiced liar that a few insiders are predicting an eventual acquittal, especially if a similar blood test product does come to market before the trial. From: Terry Blanton > Followers of LENR will be struck by the parallels of this sad tale to the > Andrea Rossi story… Except for this one difference: https://techcrunch.com/2019/06/28/theranos-founder-elizabeth-holmes-to-stand-trial-in-2020/
Re: [Vo]:Fake it till you make it
On Thu, Sep 5, 2019 at 9:31 AM JonesBeene wrote: > Followers of LENR will be struck by the parallels of this sad tale to the > Andrea Rossi story… Except for this one difference: https://techcrunch.com/2019/06/28/theranos-founder-elizabeth-holmes-to-stand-trial-in-2020/
[Vo]:Fake it till you make it
Just finished reading “Bad Blood” which is the story of the high flying startup company Theranos and its founder (at age 19) Elizabeth Holmes. https://www.amazon.com/Bad-Blood-Secrets-Silicon-Startup/dp/152473165X/ It is a page turner – recommended if not the best book of the year so far … plus … Followers of LENR will be struck by the parallels of this sad tale to the Andrea Rossi story… “Fonly” (if only) Rossi had the smile and charm of Holmes (not to mention the cahones) … he might have pulled it off. (assuming the nickel-hydrogen reaction is indeed anomalous) Had Liz been a bit more honest – she too could possibly would have found a (reduced) niche for her product. It did work, on occasion. For a brief moment she was worth about $ 5 billion… now she is homeless and facing “orange is the new black”. Does the Jobs’ turtleneck come in orange? Hang in there Liz … maybe you can still “talk you way out” of this one… like Rossi, you still have a legion of supporters and a base technology which arguably does work from time to time. In fact, another silicon valley startup is actually moving into this blood-testing space and picking up the pieces – with a similar but product (and with greatly reduced specs) which they will probably take it to market soon. Curiously, that would be the best thing that could happen for Holmes in terms of a “Fake it till you make it” defense. Which they don’t teach in B-school… yet… but faking (overstating) data to a lesser degree is still, as it always was, a cornerstone strategy of many a high tech startups.
