Theranos was obviously impossible because the amount of blood drawn was too small. Just like with homeopathy, there simply aren't enough atoms to make everything work. Despite the physical obstacles, they were able to raise enough money to start disrupting phlebotomists and other health-care professionals, cashing in on their fraudulent claims.<p>If the most qualified capitalists cannot tell whether a CEO is fraudulent, then it seems that we should alter the CEO appointment system somehow. In particular, I hear stories of automated decision-making algorithms being prototyped to replace executive officers; members of the board/cabinet each submit a machine-readable proposal, and the algorithm chooses one. Would Theranos have been successful in their fraud if they had not had Sunny and Holmes at the helm?