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A 19-year-old drops out of college. Parents are furious. He says he has an idea. What's the one question that decides if he's a genius or an idiot? There is no question that separates genius from idiocy—that's the trap I fell into, the one that cost investors $700 million and me eleven years in prison. I dropped out of Stanford at 19, convinced I would revolutionize blood testing. My parents were furious. I had convictio... A biotech founder tells you their Phase 2 trial data looks amazing. They're raising $200M tomorrow. What's the one question you'd ask before letting them into the room with investors? Who outside your company has replicated your results, and can we call them tomorrow? I raised $700 million from the most sophisticated investors in America — the Waltons, Rupert Murdoch, John Doerr — and n... Everyone in Silicon Valley still says "fake it till you make it." Did you just fake it too long, or is the advice itself the crime? The advice isn't the crime—the domain is the difference. Here's what nobody understands about what happened at Theranos. In software, "fake it till you make it" means you sell t... A 3-person startup just used AI to ship a product that took your team of 50 engineers two years to build. It launched last Tuesday. Walk into the office on Monday morning - what do you do? Before you panic about competition, you'd better panic about whether your product actually works. Walk in Monday morning and I'm not asking how to beat them. I'm asking why we took two years to build something three pe...
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