<p><pre><code>  &gt; what are we blaming silicon valley for? Being wrong on a venture investment? 
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An &quot;investment&quot; is a passive activity. Activities designed to increase the value of the investment by creating the illusion of value are a different matter, and regulated by law and informally by moral standards.<p>I think the general feeling is that the investors did far more than merely throw a few bucks at Theranos.