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by volaski 3889 days ago
It's a conflict of interest only if there actually is a conflict of interest. Tell me, what "conflict of interest" does Dave Morin have with Theranos?
2 comments

It doesn't look like there's a conflict of interest (Morin, as far as I can tell, is not a Theranos investor), but I think you're overlooking the fact that a lot of prominent tech investors are sitting on investments in companies that have been significantly overvalued, and the cracks in some of these companies are starting to become apparent.

There's a decent discussion on this here[1]. Red flags, like reports of late-stage investors marking down the value of some of their unicorn investments, are starting to mount and I think that has to be worrisome for investors who are sitting on large unrealized gains that could easily evaporate.

Expect to see a lot more hand-waving on the part of investors as prominent unicorns come apart at the seams.

Morin, according to his AngelList profile, is an investor in a number of unicorns, including AirBnB, Dropbox, Evernote and Slack. Two of the mutual funds that invested in Dropbox have reportedly marked down their investments[2] and some media reports suggest Evernote is in trouble[3].

[1] https://pando.com/2015/10/27/techpocalypse-coming/

[2] https://www.theinformation.com/mutual-funds-mark-down-dropbo...

[3] http://www.businessinsider.com/evernote-is-in-deep-trouble-2...

Not a conflict of interest in the legal sense, but more of a conflict of interest in the ethical sense since venture capitalists have a lot to lose if the allegations have any truth.

I edited the parent post for clarity.