“Venture investors are looking for the next Theranos that will attract huge valuations and nobody is really looking out for the next Theranos in the sense of the next big fraud.”
The conviction of Theranos founder Elizabeth Holmes on four counts of fraud has led many people to wonder if Silicon Valley will change. In this podcast with LA Times columnist Michael Hiltzik, he talks about the culture of investment in Silicon Valley and why nothing will change because of this verdict.
