Author: dumbcapital

New criminal charge against Theranos founder Elizabeth Holmes called ‘patently unconstitutional’

A new felony count that brought the number of criminal fraud charges against Theranos founder Elizabeth Holmes to a dozen is “patently unconstitutional,” her legal team says. Federal prosecutors earlier this month in a new “information” filed an additional felony fraud charge against Holmes, related to a patient’s blood-test results. The information — a formal…

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Virtual events startup Run The World just nabbed $10.8 million from a16z and Founders Fund

Run The World, a year-old startup that’s based in Mountain View, Calif., and has small teams both in China and Taiwan, just nabbed $10.8 million in Series A funding co-led by earlier backer Andreessen Horowitz and new backer Founders Fund. It’s easy to understand the firms’ interest in the company, whose platform features every functionality…

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