I have been in a start up diagnostics company, with actual point of care technology. Our potential investors nearly gave all of us colonoscopies to vet our technology. No stone was left unturned and this was 2014. They wanted to know why we weren't like Theranos then. Post your article, the potential investors were " you're not like Theranos are you?". Having gone through the process of getting investors, I do not comprehend how her "carisma" got her all of that money. Not one investor I saw was that loose with money -(and it was much smaller - in the $5-10mil range). How did this happen?
BTW - we knew she was a fake in 2014 as our entire Boston based company followed the antics. We viewed Theranos as possible competition and vetted them as we did with other potential competitors.
DiagnosticsChick815 karma
I have been in a start up diagnostics company, with actual point of care technology. Our potential investors nearly gave all of us colonoscopies to vet our technology. No stone was left unturned and this was 2014. They wanted to know why we weren't like Theranos then. Post your article, the potential investors were " you're not like Theranos are you?". Having gone through the process of getting investors, I do not comprehend how her "carisma" got her all of that money. Not one investor I saw was that loose with money -(and it was much smaller - in the $5-10mil range). How did this happen?
BTW - we knew she was a fake in 2014 as our entire Boston based company followed the antics. We viewed Theranos as possible competition and vetted them as we did with other potential competitors.
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