How 23andMe Went From $6B Valuation to Penny Stock | WSJ What Went Wrong
February 8, 2024
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5:58Now PlayingHow 23andMe Went From $6B Valuation to Penny Stock | WSJ What Went Wrong
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as posted by the channelDNA-testing company 23AndMe and its founder, Anne Wojcicki, aimed to revolutionize healthcare, bringing genetic tests to homes with just a tube of spit. But challenges with its business model and continued data privacy concerns for consumers have brought the company once valued at $6 billion to a valuation of nearly $0, with Nasdaq threatening to delist it.
WSJ explains what went wrong with Wojcicki’s biotech business.
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What Went Wrong explores the challenging conditions and decisions that led to a company's downturn.
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