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comment by thenewgreen

    I love how offended he gets whenever I mention Theranos
I just hate her. HATE. She poisoned the well for all legitimate businesses in the biotech space. These are people that aren't liars but are trying to build solid companies, solving big problems. Her company came up in conversation a number of times while I was raising our seed round.

You're right, of course. She was able to do it because of who she knew. But also, she was very talented at pitching and lying.





am_Unition  ·  1676 days ago  ·  link  ·  

Yes but Elizabeth wore the Steve Jobs black turtleneck and jeans while she lied, so she must've been...

r̶e̶l̶a̶t̶e̶d̶ ̶t̶o̶ ̶h̶i̶m̶?̶

b̶r̶i̶l̶l̶i̶a̶n̶t̶

so confident that the VC community was a bunch of suckers that she'd be able to lie for the next 50 years of her life without solving anything?

Thank goodness she was wrong on the timescale by more than an order of magnitude, but just a cursory grasp of how big Quest Diagnostics is and all of the market incentives they have to develop the product themselves made me immediately skeptical of Theranos.

I know you guys are doing something totally different, and I'm genuinely sorry, because the odds are that some conjob cost you at least one legitjob.

P.S. someday the chumps in my field at U-Mich will host a conference, and I'll bother you.

kleinbl00  ·  1680 days ago  ·  link  ·  

    But also, she was very talented at pitching and lying.

And the whole problem here is that the VC class is trying to keep the people who aren't being pitched to from having unbiased information.

This is how Uber happens.