And, just look at the articles. Theronos uses Siemens technology, while maintaining a facade of a revolutionary company. I just don't know how these VCs invest

And, just look at the articles. Theronos uses Siemens technology, while maintaining a facade of a revolutionary company. I just don't know how these VCs invest. Again and again due diligence is missing. The company is worth billions. And it seems like these investments were made based on personalities and friendships. I remember when Color had $41M investment right off the bet. And no one could understand what this application is designed to do. And no one ever used it. http://techcrunch.com/2011/03/23/color-looks-to-reinvent-social-interaction-with-its-mobile-photo-app-and-41-million-in-funding/ http://techcrunch.com/2011/03/23/color-looks-to-reinvent-soc...