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

Posted by msmash on 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."

2 of 120 comments (clear)

  1. Re:Ethics (or lack thereof) by ceoyoyo · · Score: 3, Interesting

    From all reports Holmes was a fairly brilliant CEO (she could convince people to give her lots of money) and completely hopeless at the actual science. If you actually wanted to make money you'd think you'd want to switch the roles: make her CEO and appoint a CSO that reported independently directly to the board.

  2. Re:The ruling class stick together by rudy_wayne · · Score: 4, Interesting

    Chief Science Officer? She dropped out of college at 19 and has no science background. What a moron.

    That was all part of the Theranos scam. Nobody on their board of directors or in top management had any science or medical background.