Why VC Tim Draper Keeps Defending Theranos CEO Elizabeth Holmes

Tim Draper is back at it.

In a bizarre eight-minute CNBC interview, venture capitalist Draper discussed government scrutiny of Facebook and the regulatory risks of going public. It got especially interesting when he was asked about Theranos CEO Elizabeth Holmes, the founder who recently got charged with an "elaborate, years-long fraud" by the SEC.

Here are some of Draper's quotes about the embattled CEO:

“We have taken down another great icon.”

“She got bullied into submission.”

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