Opinion: Why venture capitalist believes Elizabeth Holmes should be freed

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Opinion: Why venture capitalist believes Elizabeth Holmes should be freed
France Dernières Nouvelles,France Actualités
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The media has turned her into a villainous caricature. This is just wrong. She is heroic for her efforts.

After 30-plus years in venture capital and seeding companies like Skype, Baidu, Robinhood, Tesla, SpaceX, Hotmail, and many others that were not so successful, I believe it is incumbent on me to do the diligence on any startup I back. If a company doesn’t work out, I take my lumps and move on. Startups by their nature are risky. Investors know these risks when we write their checks.

When I first met Elizabeth Holmes, she was 19 years old and told me she wanted to “change health care as we know it.” I could see how passionate she was. She is determined about what she feels is unconscionable: the system of health care in our country is expensive, unfair and provides inadequate service, and it can be so much better with new technologies she was attempting to build.

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