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The whole exercise seems to be closing ranks. These guys would not want to lose their reputation with one article out. They will use smoke and mirrors etc. The
by sremani 11y ago
The whole exercise seems to be closing ranks. These guys would not want to lose their reputation with one article out. They will use smoke and mirrors etc. The Theranos facade will continue. Who ever thinks Elizabeth Holmes is going to go away are mistaken. With $9 Billion valuation a lot is at stake and there are lot of stake-holders. Elizabeth Holmes practically OWNS every member on that board.
- murbard2 11y agoIn addition, even if they have no hope of liquidating their position, the VCs involved have every incentive to hide problems so as not to look bad in front of their LPs.