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The "D" in DFJ is Draper, which I mentioned. (DFJ has renamed itself to "Threshold.") I missed ATA. DFJ/Threshold did the seed round, $500k, but doesn't seem
by anamax 5y ago
The "D" in DFJ is Draper, which I mentioned. (DFJ has renamed itself to "Threshold.") I missed ATA.
DFJ/Threshold did the seed round, $500k, but doesn't seem to have invested afterwards. ATA did B, at $9.1M, and was a minority investor in C, which totaled $28.5M; Ellison was the C lead and there was a third.
In short, maximum for DFJ, ATA, and Ellison from those three rounds is <$40M. (Rupert Murdoch did A, $5.8M.)
Theranos raised a total of $1.4B. $40M, aka <3%, is in the noise, and the fact that it was early not late says that SV wasn't interested.
https://www.crunchbase.com/organization/theranos/company_financials https://www.crunchbase.com/organization/theranos/company_fin...