3 ms·
Tim Draper probably understands, privately, that Theranos is an unrecoverable loss. Privately, he has probably learned a lesson about doing better due diligenc
by bertjk 8y ago
Tim Draper probably understands, privately, that Theranos is an unrecoverable loss. Privately, he has probably learned a lesson about doing better due diligence going forward. Publicly, he is doing what he thinks will benefit him the most: he is signalling to all prospective future investments, that, "If you take my money, I will stand by you through thick and thin." Some future founders might be turned off by this, but some will probably see it as invaluable.
- anitil 8y agoWow I like the way you think! Hit me in a blind spot I never knew I had.
- mlevental 8y agothat people have public and private opinions and they know when and where to express both?
- anitil 8y agoYou've stumped me here, I've been wondering what I meant for a day now. I think its more a combination of the fact that he was simultaneously saying things to both parties, and the fact that he was willing to look foolish in the process. I'm not expressing it well.