From what I understand theranos pitched a lot of the traditional life sci and even tech VCs, but these firms were very skeptical. Especially the biotech VCs do a ton of scientific / technical diligence before investing and theranos almost certainly wouldn't have made it through their diligence filter
I think a few notable VCs actually spoke out critically of theranos, can't recall which, but it is saying something if a VC goes on record publicly criticizing a high profile starrtup
I think a few notable VCs actually spoke out critically of theranos, can't recall which, but it is saying something if a VC goes on record publicly criticizing a high profile starrtup