Biotech isn't immune to weapons grade bullshit.
Theranos enters the chat and would like to have a word.
Theranos enters the chat and would like to have a word.
Theranos is the perfect case in point: no biotech VC invested in Theranos. Not a single one. They avoided it like the plague because anyone who did any due diligence knew that using blood from a finger prick for accurate diagnostics was a physical impossibility.
The list of Theranos investors is all "dumb money" like Rupert Murdoch, Betsy DeVos (that Betsy DeVos), Larry Ellison, Robert Kraft, and the Walton family among others.