YC-backed uBiome is basically Theranos-lite
It seems like health tech is the most "scammable" vertical, or is most "scam-prone"? (scam might be a strong word, bs maybe more accurate?)Maybe it is because health-insurance billing is already so opaque and error-prone it provides cover for questionable services. Also, if the service is "free" to end-users (because it is covered by health insurance) then why not try anything in the name of self-health?It seems the most sanctioned vertical to fake-it-till-you-make-it till you hit critical mass and then you are too big to fail because big SV names have already anointed you a winner.https://www.theinformation.com/articles/the-inside-story-of-...