• Why VC Tim Draper Keeps Defending Theranos CEO Elizabeth Holmes

    3 monthes ago - By Fortune

    Tim Draper is back at it.
    In a bizarre eight-minute CNBC interview , venture capitalist Draper discussed government scrutiny of Facebook and the regulatory risks of going public. It got especially interesting when he was asked about Theranos CEO Elizabeth Holmes, the founder who recently got charged with an " elaborate, years-long fraud " by the SEC.
    Here are some of Draper's quotes about the embattled CEO:
    “We have taken down another great icon.”
    “She got bullied into submission.”
    “And look at what she did! She created an incredible opportunity.”
    “Wait. Why is it worthless? It's worthless...
    Read more ...

     

  • Term Sheet - Friday, May 11

    3 monthes ago - By Fortune

    WAIT, WHAT Good morning, Term Sheet readers.
    In a bizarre 8-minute CNBC interview , venture capitalist Tim Draper discussed government scrutiny of Facebook and the regulatory risks of going public. It got especially interesting when he was asked about Theranos CEO Elizabeth Holmes, the founder who recently got charged with an " elaborate, years-long fraud " by the SEC.
    Here are some of Draper's quotes about the embattled founder:
    "We have taken down another great icon."
    "She got bullied into submission."
    "And look at what she did! She created an incredible opportunity."
    "Wait. Why is it...
    Read more ...