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Tim Draper of DFJ invested in Theranos very early on. His parents were neighbours with Elizabeth Holmes when she was a kid, which kind of explains why they inve

by Fricken 10y ago

Tim Draper of DFJ invested in Theranos very early on. His parents were neighbours with Elizabeth Holmes when she was a kid, which kind of explains why they invested in Theranos. No other reputable VC firm would touch Theranos, and Holmes had paid several visits to GV and was turned down each time. GVs bigger bets are on Uber, which turned out well, Magic Leap, and Carbon, a snazzy 3d printing startup which appears to be a solid company with some really innovative tech.

mbesto 10y ago
> The company raised $32.36 million of Series C...Draper Fisher Jurvetson...on November 15, 2006, > The company raised $45 million of Series C1 venture funding out of a planned $100 million from Draper Fisher Jurvetson on July 8, 2010, putting the pre-money valuation at $1.1 billion. > The company raised an estimated $573 million of Series C2 venture funding from The Lucas Venture Group (Menlo Park), Draper Associates (San Mateo), Partner Fund Management (SF) and Sandbox Industries (Chicago) in March 2015, putting the pre-money valuation at $8.4 billion. BlueCross BlueShield Venture Partners also participated in this round.