This is just not true. When a VC invests, they are betting this company will agg... | Hacker News

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bosdev on Nov 8, 2016 | parent | context | favorite | on: Walgreen Sues Theranos, Seeks $140 Million in Dama...

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 on Nov 8, 2016 [–]

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 on Nov 9, 2016 | [–]

You're 100% correct.

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

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