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E45: Theranos & VC fraud risks, China bans video games, Texas SB8, Apple app store, CA fires, Rogan
All-In with Chamath, Jason, Sacks & Friedberg
The Lack of Due Diligence Is Only Going to Get Worse
"The amount of money that's trying to get into silican valley is going expedientially up," he says. "It's impossible for guys like us to actually step in in due diligence on a lot of these companies, even if you actually have time" He adds: "This problem is only going to get worse and we as an industry just have to realize that there's going to be an incentive to lie"
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