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Amid Volatile Markets, VCs and Startups Must Embrace Transparency • Technology Flow

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venture and Startup industries have long struggled with transparency.

If Theranos is honest about its blood-testing device’s flaws, it could potentially protect itself from future fraud prosecutions. Trevor Milton, founder of Nicola, will probably not be on trial right now If he hadn’t lied to investors in a 2017 video showing that an electric truck his company was building would work when it didn’t.

In today’s market, with the unpredictable bull run with venture right into reverse, it’s hard to distinguish between fact and hype as the data doesn’t match the discourse.

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