After Theranos the pin-prick blood test company, and now Lily Robotics, VCs are getting a trifle nervous about how many other dud investments they’ve made. Lily turned out to be a scam. $15 million of VC money was raised, 12 million people saw Lily’s promotional video and $34 million was received from over 60,000 customers ...
Read full article: Seeing Shouldn’t Be Believing
from Electronics Weekly http://www.electronicsweekly.com/blogs/mannerisms/bullshit/493242-2017-01/
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