Outrageous fraud is common in the world of venture capital
With so much media focus on Elizabeth Holmes — currently on trial for fraud — you might think that cases like these, of outright fraudsters raising huge money from gullible venture capitalists, are few and far between. But as a VC myself I can tell you: most venture funds have their own Theranos story — they just prefer to keep them quiet.
I admit to a fascination with the Theranos trial. This is an interesting report from a “Secret VC.”
