On: Walgreen Sues Theranos, Seeks $140 Million in Dama...

[cloudjacker]

Getting funded by VCs doesn't mean what you think it means. It isn't validation or lack thereof, it is perceived portfolio fit plain and simple.

[bosdev → cloudjacker]

This is just not true. When a VC invests, they are betting this company will aggressively grow in value. All do some amount of due diligence. Clearly in some cases, not enough.

[cloudjacker → bosdev]

You are basically implying that if someone does due diligence and decides not to invest, that the company is invalid.

Its okay, that is a common sentiment.

Incorrect though

[iaw → cloudjacker]

You're 100% correct.

Source: VC friends and the VC's I've pitched.