> pays more

Definitely

> has less bullshit

Is there a Theranos equivalent in the world of math research? I'd argue "very different flavor of bullshit", but not necessarily less of it.

Plenty of Theranos level academia fraud in physics https://en.wikipedia.org/wiki/Sch%C3%B6n_scandal

It's almost as if assembling people with different viewpoints and competing incentives produces "organizational challenges."