3 ms·
It's better for society if they make a run at it. What difference does it make if some investors make back $500k off their $20 million investment? But if there
by erikpukinskis 10y ago
It's better for society if they make a run at it. What difference does it make if some investors make back $500k off their $20 million investment?
But if there's even a sliver of a chance at having a healthy, innovative medical diagnostic company out there, that's a huge potential upside that multiplies a relatively low probability.
I suspect given Theranos' history, some people would put that probability at zero or close to it. But I doubt it's zero that seems unrealistic.
- notahacker 10y agoThat $200m could probably be productively invested in more promising companies in the VCs' portfolios...
- desireco42 10y agoPretty much anything else would be better unfortunately :)