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bobcostas55
331 days ago
Theranos famously didn't manage to raise VC money, the funding all came from people like Rupert Murdoch and the Walton family.
1 comments
rchaud
331 days ago
That makes a lot of sense. VCs only make money when companies go public, so a medical device that requires years of regulatory compliance legwork to even be allowed into a lab or pharmacy is an immediate no-go.
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