It’s interesting looking at the Theranos saga that there are virtually no big name VC funds involved. It’s basically a who’s who of people that don’t do due diligence.
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It looks like it was deliberately presented to someone who wouldn't do the Due diligence
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It would be interested to hear why they passed on the pitch.
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Well , the one thing you never know in real experiences VCs is the true behind why they don’t fund
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It is just the quest of making QUICK money. The scary part is that there are a lot of venture firms out there still following the same Theranos investment thesis.
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