A timeline of how 23andMe went from $23 billion unicorn to bankrupt cautionary tale

Quick Summary:

DNA testing company 23andMe was a white-hot Silicon Valley startup for years, and Anne Wojcicki was a celebrity CEO.

But after going public, investors lost faith in the DNA testing company.

This leads the company into a costly undertaking, with Wojcicki later recounting how she was warned against doing drug research, which can cost hundreds of millions of dollars, require several years, and doesn't guarantee success.

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Article Details

Author / Journalist: Lila MacLellan

Category: EconomyBusiness

Markets: United States

Topics: Life sciences DNA Leadership Women Bankruptcy Technology

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-24 @ 17:03:30 (5 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 1586 words

Reading Time: 9 minutes read

Sentences: 4 lines

Sentence Length: 397 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27287502

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 7 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #95

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