&gt; at the low bar for due diligence in startup funding<p>In the case of Theranos you also have how she was well know by Tim Draper (DFJ investor) apparently friends with his daughter. So he must have been smitten by her intellect possibly in comparison to his own daughter (my speculation but wouldn&#x27;t surprise me).<p><a href="http:&#x2F;&#x2F;www.mercurynews.com&#x2F;michelle-quinn&#x2F;ci_26147649&#x2F;quinn-meet-elizabeth-holmes-silicon-valleys-latest-phenom" rel="nofollow">http:&#x2F;&#x2F;www.mercurynews.com&#x2F;michelle-quinn&#x2F;ci_26147649&#x2F;quinn-...</a><p>&quot;Tim Draper, the venture capitalist, said Holmes, who was friends with his daughter growing up, is the first entrepreneur he knows who kept quiet about her business for so long &quot;so that the competition wouldn&#x27;t get a chance to start.&quot;<p>&quot;She had a winner and knew it,&quot; he said. His firm DFJ Venture was the first to invest.&quot;