4 ms·
I'm not sure Theranos is a great example for lack of due diligence. Most SV money stayed out of Theranos despite the hype because they couldn't get straight ans
by mikeryan 10y ago
I'm not sure Theranos is a great example for lack of due diligence. Most SV money stayed out of Theranos despite the hype because they couldn't get straight answers out of them on their tech. Obviously there were other investors jumping on board without sufficient due diligence but it wasn't the normal crop of SV VC.
http://www.nytimes.com/2016/04/27/opinion/dont-blame-silicon-valley-for-theranos.html?_r=0 http://www.nytimes.com/2016/04/27/opinion/dont-blame-silicon...