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by panick21_ 1086 days ago
Silicon Valley investors rejected Theranos. Most of them actually consider Tharanos a great victory. Tharanos funding come from lots of large private investors, like family fortunes and so on.
1 comments

That particular overconfidence in bashing Theranos as an outsider company who would never have been able to fool Real Silicon Valley (tm) is definitely a core part of the narrative that's developing, since nobody believes they'd have disowned her if she had succeeded, and those very same VCs got rugpulled with FTX not that long after making all those confident assertions look very silly in hindsight.
> who would never have been able to fool Real Silicon Valley

I mean its a fact. They were rejected by the traditional VCs.

> since nobody believes they'd have disowned her if she had succeeded

I mean why would they? VCs always talk about companies they could have gotten in early and didn't.

If Theranos was actually successful, then there would be no reason to 'disown' her.

> and those very same VCs got rugpulled with FTX not that long after making all those confident assertions look very silly in hindsight.

What confident assertions?

I don't get what they have to do with each other. Getting FTX wrong (if they did) has nothing to do if they got Tharanos right.