The problem in all this for me, is that examples like Jobs are pointed to as examples of why this should be done (your entire post basically), and then we have examples like Elizabeth Holmes and Theranos who basically couldn’t deliver the technology and kept the “lie” going.

How does one know they can eventually deliver? In your post, you basically assume the problem is solvable with capital. With some promised tech (like Theranos), at what point does “there is a necessary need to gauge the publics interest in a product to evaluate if capital needs to be invested in this space” turn into fraud if the product turns out to be unattainable? (Think cancer cures, limb regeneration, etc)