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But they're bootstrapped and using their own money, not defrauding investors
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True, but on the other hand they have an actual prototype and they don't seem to be going around charming VCs... also, I didn't see anywhere they claimed to be able to diagnose or discover any disease.

So as opposed to bilking the ultra-wealthy to invest in a bunk idea, at worst this seems to be enticing them to pay for an at-worst expensive and possibly useless service. On that scale, it's downright ethical.

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