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Other than the Theranos story, what makes you say med-tech is looking less healthy (or edu-tech for that matter)?
by abrichr 10y ago
Other than the Theranos story, what makes you say med-tech is looking less healthy (or edu-tech for that matter)?
- potatolicious 10y agoPerception matters - my admittedly unscientific feel is that there's more due diligence being done (which is a good thing, good lord), which also means less dumb money flowing around to companies that have no merit. Ed-tech I think is in a similar space, though not because of any particular scandal. More careful investors are good for the economy overall, but still represents reduced hiring demand from the previously irrationally frothy peak.