Theranos imo is a special case. It was founded by a woman with tons of family money and friends in high places. She did not need to play the funding game to get

Theranos imo is a special case. It was founded by a woman with tons of family money and friends in high places. She did not need to play the funding game to get started. I doubt she would have held onto her position today if she had to use regular funding channels in the beginning. Most likely, she would have lost control of her company.