Tim Draper, One of Theranos' First Investors, Says He Would Back Elizabeth Holmes Again as Chief Science Officer (theoutline.com)

Posted by msmash on Friday March 8, 2019 @10:50AM from the you've-got-a-friend-in-me dept.

An anonymous reader shares a report: Despite all her alleged crimes, Elizabeth Holmes, the former CEO of the biotech company Theranos, can rest assured she still has someone who'll go to bat for her. At a panel discussion on growing startup ecosystems at the Montgomery Summit yesterday, Bloomberg reporter Sarah McBride asked Tim Draper -- a venture capitalist, enthusiastic Bitcoin supporter, and one of Theranos' first investors -- whether he would back Holmes again. Draper responded to the question by saying, "I'd back her as chief science officer, not CEO. Good question."

1 of 120 comments (clear)

Min score:

Reason:

Sort:

There's a family connection by real+gumby · 2019-03-08 11:29 · Score: 4, Informative

Holmes is a childhood friend of his daughter's, or daughter of his childhood friend or something like that, so he has known her all her life. I can't see how she could have been funded any other way.
Though this is america where people don't give jobs or security clearences or such to their relatives and friends.