Theranos wasn't really VC funded. There were angels (whales if you prefer) and corporate but not much VC and certainly no major funds (DFJ being an exception).

Theranos wasn't really VC funded. There were angels (whales if you prefer) and corporate but not much VC and certainly no major funds (DFJ being an exception). https://www.crunchbase.com/organization/theranos#section-funding-rounds https://www.crunchbase.com/organization/theranos#section-fun... A16Z as a firm took pains to say that it didn't invest and that Sand Hill VCs couldn't diligence Theranos. https://a16z.com/2020/01/11/16-bio-myths-misconceptions/ https://a16z.com/2020/01/11/16-bio-myths-misconceptions/ But Marc Andreessen himself was a big Holmes fan. https://www.vanityfair.com/news/2016/05/theranos-silicon-valley-media https://www.vanityfair.com/news/2016/05/theranos-silicon-val...