8 Say it isn't so! A woman described as a “hardworking woman that has her priorities in line” on her business website that "connects investors with small businesses through 'merchant cash advance'" was a grifter. $196 mill from 'small businesses' in south Florida? Any bets on how much drug money? (archive.ph) posted 2 years ago by GeneralBoobs 2 years ago by GeneralBoobs +9 / -1 6 comments share 6 comments share save hide report block hide replies
Theranos had a conceptual product. It just needed a couple decades of engineering to deliver a tenth of what they promised.
It was the sort of idea that a more disciplined VC might have managed to wring some money out of through patent licensing.