Elizabeth Holmes of Theranos banned from Owning/Operating Medical Laboratory

[Marco]

It still leaves a lot of unanswered questions, like why the investors showed no due diligence, no vetted technical and scientific fact checking.

I guess the ones with skin in the game saw it as more of a quid pro quo favour to the people involved ... and the rest did too, but without skin in the game.

[Technobabble_]

It still leaves a lot of unanswered questions, like why the investors showed no due diligence, no vetted technical and scientific fact checking.

Slick salesmanship. In addition, investors probably don't want to admit they made a mistake, so they bury their head in the sand. FWIW Henry Kissinger and James Mattis (former Sec. of Defense) put their money into Theranos.

[sdouble]

Henry Kissinger  is .. 96