Interesting comment about the XWB. The hype-driving is obviously necessary - nothing is ever more than ~5 years away, because that is the limit of VC/consumer patience.
How real of a commitment is this announcement? General Motors announced all that stuff with Nikola and then was able to pull out of it pretty quickly when it turned out Nikola had faked a demo.
Theranos isn't really the same thing though, they didn't pretend that they were on the verge of a breakthrough, they said they had already had the breakthrough and the tech was working and deployed. That's less "hype" and more just straight up "fraud".
Boom Supersonic is obviously overly optimistic in their deadlines, but they at least aren't pretending that they're meeting them when they aren't.
Don't get me wrong I'm not saying that Boom is Theranos, I wish them well. I merely pointed out that your reasoning of not holding people to account to deadlines that are 10 years over the initial estimate. Maybe it's time to address this at a VC level, because some things absolutely do need 10 years and the current VC culture absolutely gives rise to fraud at different levels.
They are a lot more similar that you like to admit though. Both of their hype descriptions are to support the hype culture that powers the environment they live in, namely silicon valley(even if they're not physically there).
It's just that at some point Theranos decide to resort to lying to keep the whole thing going. The scope that Theranos promised was actually physically infeasible, some subsection of it might have been possible. Boom will hopefully not do that.
But in terms of engineering, Boom also has yet to produce even a prototype of their plane. A test version is scheduled to testflight in 2021. We'll see about that, I don't think it will happen. Although 7 years for a supersonic jet from scratch would have been quite impressive.
Theranos could have chosen to build a bigger machine with a more limited amount of tests once they realized it's not possible, but they decided to tackle too many problems at once and double down on them. But what we conveniently like to ignore is that investors, politicians and media perpetuated the whole lie. It wasn't just Holmes, it was an entire culture of VC's and politicians that had a vested interest in perpetuating the lie and to some extent helped silence critics.
Besides the obvious scammy and blatant lies that Theranos leadership did(down the line). There was also the aspect of feature creep (i.e. 200 tests per tiny blood vial) and ignoring both leadership and biochemical specialists(i.e. sample size and machine size).
In the case of Boom I like to think that at least Josh Wilding seeing that he has been an Aerospace engineer for 20 years has mentioned the issues with the timeline, and was overruled probably by either his peers or VCs, but we won't really know for sure. But if the engineering cofounder is already not involved at this point, let's hope that other issues won't follow.
