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No, Theranos started to fail as soon as anyone with real medical expertise without a stake in the company started to probe it. Theranos was extremely successfu
by nimish 8y ago
No, Theranos started to fail as soon as anyone with real medical expertise without a stake in the company started to probe it.
Theranos was extremely successful at fleecing VCs and embarrassing political board members.
It's a good thing that it got so far, because it proves just how bad VCs are at evaluating successful companies and how much of the funding game is who you know.