OSHA Vaccine Mandate and OPEC Plus Meeting: Live Business News
Table of Contents
Erin Griffith
~ Checking the boxes ~ Prosecutor John Bostic asks about all the various (inaccurate) claims Theranos made about its technology, partnerships, expansion plans, accuracy, etc. Was that an important factor in investing and why? Every investor has gotten this list of questions.
Erin Griffith
In 2013, the firm invested $5.4 million. Holmes was his main source of info for Theranos. His uncle secondary. They frequently had meals together and knew each other socially. But “there was not a lot of transparency” about what was going on in the company, he said.
Erin Griffith
In 2006, Black Diamond Ventures invested $1.5 million into Theranos. “It was certainly beyond a drawing on a napkin but we didn’t believe at that time that is was functional and fully developed.”
Erin Griffith
Chris Lucas founded the firm in 1998. Don Lucas introduced him to Holmes, who he said this about: “She’s very passionate about…
