• Billionaire Theranos defender Tim Draper says Elizabeth Holmes 'was doing really good work' before she was attacked and 'forced to sort of fail'

    28 days ago - By Business Insider

    Venture capitalist Tim Draper was an early investor in Theranos and was the company's most public defender, even while the company and its CEO came under fire for misleading investors and the public.
    He said the reason that former Theranos CEO CEO Elizabeth Holmes is facing criminal charges is because the "media created a frenzy."
    He said Theranos was doing "really good work" but said his VC firm had moved on.
    Venture capitalist Tim Draper, the most prominent Theranos investor and defender, appeared on Cheddar on Tuesday, his first public interview since the U.S. filed criminal charges...
    Read more ...

     

  • Google's Larry Page 'floored' an early investor with an ambitious prediction that sounded impossible but turned out to be spot on

    Google's Larry Page 'floored' an early investor with an ambitious prediction that sounded impossible but turned out to be spot on

    28 days ago - By Chron

    AP
    In 1999, before Google was a well-known company, founders Larry Page and Sergey Brin were discussing their company with a new board member.
    The venture capitalist asked Page and Brin how big they expected their company could be, and Page shot back a with a number that few companies had reached at the time, far exceeding the VC's projection.
    He predicted the company would generate $10 billion in revenue, which Doerr calculated to be equivalent to $100 billion in market capitalization.
    He's one of the richest people in the world today, but in 1999 Larry Page was the young co-founder of a...
    Read more ...