Re:Elizabeth Holmes is on trial for fraud, but don't forget ...
by Grustaf on Friday October 22, 2021 @09:43AM
(#28957099)
Is the article trying to say that the investors somehow wanted or at least tolerated that Holmes skirted the rules and scammed patients? That would seem incredibly short sighted.
It's much more likely that she misled investors, and isn't that exactly what the lawsuit is about?
> This dismal success rate is why venture capitalists historically have rarely invested in these companies. So why then did they collectively put $1.3 billion in Theranos?
> Greed.
Well in that sense, most venture capital investment stems from "greed", but surely that's the whole point, to leverage the "greed" of risk loving investors into funding new ventures?
It's much more likely that she misled investors, and isn't that exactly what the lawsuit is about?
> This dismal success rate is why venture capitalists historically have rarely invested in these companies. So why then did they collectively put $1.3 billion in Theranos?
> Greed.
Well in that sense, most venture capital investment stems from "greed", but surely that's the whole point, to leverage the "greed" of risk loving investors into funding new ventures?