This is what happens when the “money jockeys” of Silicon Valley royally screw up a due diligence on a startup.

We should stop blaming Elizabeth Holmes and start questioning the judgement of the so called VC experts that vet ideas and teams.

When you analyze the total mess and scandals related to Theranos you will see that there is much more blame on the shoulder of few incompetent investors than others.

Unfortunately there is a lot more like Theranos but you never get to read about the losses on trendy media.

https://www.thrillist.com/health/nation/elizabeth-holmes-theranos-news-scandal