Theranos CEO and founder Elizabeth Holmes. (credit: Max Morse for TechCrunch)
In yet another jaw-dropping interview that seemed to be broadcast from an alternate universe, venture capitalist Tim Draper tenaciously defended the failed blood testing company Theranos and its disgraced founder and CEO, Elizabeth Holmes.
In the interview, which aired on CNBC, Draper called the limping start-up “one of those extraordinary companies” and said he was glad to have backed Holmes, who he knows personally. Draper provided $500,000 in seed money when Holmes was just starting the company as a 19-year-old Stanford drop-out. “It was a great mission and she did a great job,” he said. “I’m thrilled with what she’s done.”
He went so far as to call Holmes a “great icon,” to which CNBC “Closing Bell” co-host Kelly Evans responded bluntly: “Icon of what?” Draper didn’t respond to the question, though.
Source: FS – All – Science – News
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