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Re:Theranos, CEO Holmes, and Former President Balwani Charge... by taurath on Wednesday March 14, 2018 @01:37PM (#16586628)
My understanding is that competence only matters when other people are giving you money, and doesn't matter at all when you're giving people money. I think you're really overestimating the downsides.
Re:Theranos, CEO Holmes, and Former President Balwani Charge... by fwdpropaganda on Wednesday March 14, 2018 @01:51PM (#16586767)
Reputation is everything in this business. I think you're underestimating the downsides.
Re:Theranos, CEO Holmes, and Former President Balwani Charge... by taurath on Wednesday March 14, 2018 @03:51PM (#16587720)
Every VC has 100s of failures. He just proved that he will go to bat for his startups even if they're doing fishy stuff :P