[dhosek]

This has been a week of discovering people I'd assumed were dead were still alive (although in this case, not so much anymore). The other one is Henry Kissinger whom I'd assumed had died decades ago but it turns out is still alive and putting his name on books.

[seiferteric]

he was involved with theranos

[toss1]

Probably more accurate to say 'fooled by Theranos'. I don't recall reading a single jot about his being part of the founding.

[seiferteric]

He was on the board. It's their job to know what's going on, but they just didn't care to look or maybe know how. The people on the board were there for prestige rather than serving any real function unfortunately.

[toss1]

Yup, sadly read of testimony of one of them that they weren't really sure why they were there (on the board). Of course, not all, indeed maybe most, board members are not technical experts. The board is there to set general corp strategy, not to do code review, and are generally working under the assumption that the executives are not lying to them; executives who are found to be lying to the board are generally rapidly dismissed.

So, yes, I have a hard time blaming the board members who were used as much as the investors. I'm not sure there were ever any technically proficient board members, which also leads me to the conclusion that this was a planned fraud by Holmes, Balwani, etc.