Theranos’ Board of Directors at various times included
Henry Kissinger, George Schultz, William Perry, David Boies, Sam Nunn
I am very curious to know how all these political grandees all were brought on board, and also to note how incompetent or non-existent was their oversight.
Start-up companies often look for prominent citizen-types to help give them credibility.
I own shares in a start-up right now where a headline investor is a retired prominent politician in the region where the company operates.
I just got the book “Bad Blood” about Theranos by John Carreyrou of WSJ. The book might reveal how they were recruited.
You left out how generous was their compensation for being on the board.
Two words: Clinton. Money.
A lot of fraudulent companies hire up these guys and pay them to be part of their ‘brand’.
Go back and read up on Bio-Port (the anthrax vaccine maker out of Lansing, Michigan). They went the same route. There are dozens of companies out there with a fraudulent product, and hyped by the big guys.
Davos. Bilderberg.
They have conventions.