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Theranos was a combination of fraud with hubris mixed with incompetence.
I would argue that the U.S. health care system is broken for reasons other than innovation.
There are a lot of engineering advances that lend themselves to being married with medical advances.
It's O.K. if you've got a smartphone app or a social network, and you go live with it before it's ready; people aren't going to die. But with medicine, it's different.
I started out in journalism in the mid '90s working for the sister wire service of the 'Wall Street Journal,' which is called Dow Jones Newswires. Then I joined the 'Journal' in its Brussels bureau back in 1999.