2min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E45: Theranos & VC fraud risks, China bans video games, Texas SB8, Apple app store, CA fires, Rogan

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

Is the Founder Lying About the Past?

Alps: There's a big difference between going into a board meeting and finding out the projections were inflated. A, look, we conduct diligence. We try to make sure that the numbers are all true. Ah, you know, frankly, we're not investing in things that involve a tremendous amount of technical arrest. I think it would be hard to perpetrate that kind of fraud with the sass company. So this is an example of sin tahapen in every company. It can happen ating saks. I thin gint.

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