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How 23andMe Went From $6B Valuation to Penny Stock | WSJ What Went Wrong 

The Wall Street Journal
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2 окт 2024

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Комментарии : 1,9 тыс.   
@JoshinDallas
@JoshinDallas 7 месяцев назад
I love how they say she would have been a self-made billionaire, but then they note oh hey, she had wealthy parents and was dating one of the richest guys in the planet who helped her fund the company. Do you guys know what self-made means?
@heinousanus9352
@heinousanus9352 7 месяцев назад
Do you?
@danbrownellfuzzy3010
@danbrownellfuzzy3010 7 месяцев назад
Her parents made her clean up her room once, but it gave her a hand infection.
@thrashwerk
@thrashwerk 7 месяцев назад
It's just a small loan of a billion dollars bro.
@oOoMiSSBiRDoOo
@oOoMiSSBiRDoOo 7 месяцев назад
People with money throw around words like they throw around money
@sababaratashvili8629
@sababaratashvili8629 7 месяцев назад
@@thrashwerk Same people made big deal about Trump's million dollar loan...
@theuser810
@theuser810 7 месяцев назад
The life of a corporation: 1. Start a small project 2. Notice success and continue innovating 3. Go corporate and public 4. Start introducing unecessary beaurocracy 5. Sales start to decline 6. Make the product noticeably worse to cut costs (subscription models, AI 'support', etc) 7. Sales decline even further 8. Layoff everyone but the aristocrats 9. Even more money is burned 10. The founder sells all remaining shares and investors are left holding the bag
@seashackf1
@seashackf1 7 месяцев назад
Your missing the whole point of the company. From the beginning it was only created to collect peoples data and then sell it. They still have all the data. All this other stuff was just a way to get the data. The founder and investors still have big money coming their way. It’s the people that paid them to collect their data that should be worried who they sell it to.
@tw8464
@tw8464 7 месяцев назад
Exactly. Investors living on Main Street beware.
@chevyjd2007
@chevyjd2007 7 месяцев назад
You forgot "layoff critical security personnel, get breached, lose your customers trust, and tank more of your sales"
@mademsoisellerhapsody
@mademsoisellerhapsody 7 месяцев назад
Their sales dropped 30% two years BEFORE they went public. And the sales dropped because of unaddressed privacy concerns.
@whatisrealknowtheformula6137
@whatisrealknowtheformula6137 7 месяцев назад
Capitalism. It works. For some.
@surelywoo
@surelywoo 7 месяцев назад
". . . making Anne Wojcicki a self-made millionaire . . ." Well, if you ignore the fact that she was married to Sergey Brin and Google kicked in 2.6 million to get it going, but okay.
@fauxbro1983
@fauxbro1983 7 месяцев назад
"Some of the initial funding" lol
@ouya_expert
@ouya_expert 7 месяцев назад
A small loan of $2.6 million
@00177454419
@00177454419 7 месяцев назад
2.6 million for Google is petty cash.
@ronald3836
@ronald3836 7 месяцев назад
A self-made millionaire by working in the world's oldest profession.
@VVayVVard
@VVayVVard 7 месяцев назад
Getting funding _is_ a way to become a self-made millionaire. Either you get it by selling goods and services, or you do it simply by convincing people that your ideas are worth it.
@withoutpassid
@withoutpassid 7 месяцев назад
23&me sold its customers’ genetic profile to pharmaceutical companies without their consent. I’m not surprised that it got caught up and is paying the price now.
@tw8464
@tw8464 7 месяцев назад
Exactly. It never should've been "legal."
@NotJulius44
@NotJulius44 7 месяцев назад
@@helgahaa wow. good thing i didn't do this
@baukadrun
@baukadrun 7 месяцев назад
​@@helgahaareally!? that's so messed up. 😮
@ihk2421
@ihk2421 5 месяцев назад
Especially because the people who are interested in their heritage tend to be more conservative and right wing, who it so happens, distrust the Government and corporations. I fall into that category and whilst I would love to get my DNA tested I don’t want the Government knowing my DNA it’s too personal
@tw8464
@tw8464 5 месяцев назад
@ihk2421 it seems like everyone should want to put a stop to the corporations data theft of private property. But it seems like "the corporations can do anything they want" prevails. Or the corporations con people into surface level "regulations" or "bans" that have nothing to do with anything, while the real issues go unaddressed and they continue this mass theft of data that is our private property. The corporations really have no business stealing the data of everywhere we drive but they emotionally manipulating and con us into distracted on other "issues" that have nothing to do with anything. While they go on stealing. All this data that is private property they're stealing and feeding into artificial intelligence to wipe out jobs and for some "strange reason" no one's talking about it. But the screen "economy" and those controlling groups has everyone wrapped up and distracted with emotional manipulation. The corporations need to be made to pay you if they want your data. Simple as that. But instead they've got everyone paying them to steal their own data. People in EU are aware of the problem and trying to do something about it. But here it's all emotional manipulation and let the corporations steal the data no limits.
@rickybobby8224
@rickybobby8224 7 месяцев назад
Dear WSJ, please stop calling every ivy leaguer with ivy leaguer parents, who gets a bunch of start up money from rich friends, "sell made."
@DerekDavis213
@DerekDavis213 7 месяцев назад
Agreed.. They are certainly not self made.
@GreatGreebo
@GreatGreebo 7 месяцев назад
Completely agree.
@keepcalmandenjoythedecline
@keepcalmandenjoythedecline 7 месяцев назад
She married one of the owners of google for a few years, didn't she?
@mikebaker2436
@mikebaker2436 7 месяцев назад
No one is a "self made" anything.
@tw8464
@tw8464 7 месяцев назад
Exactly they're not "self-made" being born into or well connected with the "trickle down" upper caste
@stevensmith8876
@stevensmith8876 7 месяцев назад
Too many businesses are centred around raising money rather than making money these days.
@prima-madalina
@prima-madalina 7 месяцев назад
I said the exact same thing the other day! It’s really unfortunate that so many founders view raising money as a metric for success rather than sustainable growth and profitability. I’ve held management positions in startups and old school companies, and I’ve reached the conclusion that moving forward I only want to work for companies that provide tangible services and sell actual widgets. It appears companies that sell nuts/bolts can manage to be profitable and survive 100 years while these startups blow millions of dollars and implode within 10. The Silicon Valley mantra of “move fast and break things” is so destructive and volatile… it’s all smoke and mirrors.
@MichaelKurse
@MichaelKurse 7 месяцев назад
Exactly, and Wall Street encourages this by telling them to concentrate on growth, so no one knows how to make MONEY.😒😒😒😡
@marcoonroad7
@marcoonroad7 7 месяцев назад
> Theranos > FTX > 23andMe Yeah, seems like some startup dudes only want the money from fool investors, afterall, high society parties, drinks, expensive cars, drugs, trips, and so on, are costly nowadays 😅
@roshangeorge2127
@roshangeorge2127 7 месяцев назад
Exactly
@rickspalding3047
@rickspalding3047 6 месяцев назад
Because it's cheap money, rates have gone down since the 70s. People complaining rates are high now, it's been 3 times higher. Cheap money goes away so will all these fancy projects
@nickolas6614
@nickolas6614 7 месяцев назад
"self made" + dated Google founder and hosted parties with celebrities
@AnalystSarvesh
@AnalystSarvesh 7 месяцев назад
also sibling of previous ceo of you tube.
@Yuvraj.
@Yuvraj. 7 месяцев назад
So she did that? Is that not a result of her actions?
@bardsamok9221
@bardsamok9221 7 месяцев назад
​@@Juann-mo4bvYeah I think if she didn't have so much money she'd care more about the core product out of pure necessity. I'm really disappointed in the epic lacking of the health product. It's just ignoring so much science and so much data, markers, SNPs, it's depressing how much potential they ignored.
@MM-jf1me
@MM-jf1me 7 месяцев назад
​@@Juann-mo4bv She leveraged her social connections to get investors for her business -- do you really think networking isn't a reasonable or effective business strategy?
@AB-zl4nh
@AB-zl4nh 7 месяцев назад
​@Yuvraj. If your parents gave you money for a deposit to buy a house, you are not a self-made homeowner.
@dontbanmebrodontbanme5403
@dontbanmebrodontbanme5403 7 месяцев назад
My wife bought me one of these when it first came out. I thought it was so cool!!!! But I let it sit under my desk. I just couldn’t bring myself to use it. Why? Once I give my DNA to this company, they have it forever and can do whatever they want with it. I’m a healthy dude, but what happens when insurance companies (life and health, for example) decide to raise rates just for me (or not insure me at all) because I have a family history of some disease? Or cancer? Or some other thing? And considering I’m black, does this thing really know my history? Since I know nothing of my history, they could tell me anything. So then I thought about doing this with multiple companies to at least see if they’re consistent. In the end, the idea of a company having my DNA was unacceptable to me and for that a reason, I was out!!! 😂
@johnc2438
@johnc2438 7 месяцев назад
From an old boomer retired (white guy), you're spot on! Wise decision.👍
@seashackf1
@seashackf1 7 месяцев назад
Smart. Collecting the data and selling it was always the business model. They still have all the data. Those that paid them to collect it should be very worried about who buys it and what they do with it.
@tw8464
@tw8464 7 месяцев назад
You're absolutely right. Please educate all your family members about the reality of all this no limits data theft. All it takes is one family member to pay 23andme to steal your family's genetic data. This whole thing shouldn't be legal or happening.
@davidb2206
@davidb2206 7 месяцев назад
Unreasonable, irrational fears. One of the options when you buy it is to "not keep" your DNA sample. The results are a piece of paper like your fingerprints or driver's license photo, which the gov already has. DNA and insurance companies do not work that way.
@emilysha418
@emilysha418 7 месяцев назад
google MIT making-genetic-prediction-models-more-inclusive-1026 for more
@ropro9817
@ropro9817 7 месяцев назад
Sick and tired of the subscription model. As consumers, we need to show companies the 🖕 to make them stop.
@willcookmakeup
@willcookmakeup 7 месяцев назад
I mean...they need to make money. This isn't the same as a health or fitness app. They partner with credited blood labs and medicine regulators to do this right. This isn't like Theranos with Elizabeth Holmes. Who never had a product. 23andme doesn't promise cures, diagnosis, or profound family reunions. They never claimed to do that. I have been a member for over 8 years now and haven't paid a thing. You just need to navigate the app. There are undeniably some features I wish I had, but at the end of the day - this service and product laregly gains and maintains success out of curiosity. If you have a genuine health concern - you're calling your doctor - not signing into 23andme. Whatever gripes you have with the subscription, actually have nothing to do with the subscription. Like let's say, a subscription allows you to see location of relatives, are you actually going to pay for that? Probably not. As someone who is adopted, I'm probably included in the demographic most likely to pay for extra features - and yet I do not. You and many others forget about the genealogists, doctors, IT people, customer service reps, who you will never meet, but are the ones who make this even possible. I will never be afforded the opportunity to meet my biological parents, and this the closest I will ever get
@X_crypto1977
@X_crypto1977 7 месяцев назад
For real
@Murray-wk3hz
@Murray-wk3hz 7 месяцев назад
In the future you will own nothing and be happy.
@CarrieV9
@CarrieV9 7 месяцев назад
Yes, there is nothing wrong with a product you purchase one time. This is what the consumer wants, but company greed always wins.
@chicanoinparadise
@chicanoinparadise 7 месяцев назад
Yeah, we aren’t that united as humans.
@vivienne192
@vivienne192 7 месяцев назад
My parents are self made. They’re from an impoverished country and immigrated twice to be able to live in America. My paternal grandparents abandoned my father and his brother in elementary school and worked in labor and farm jobs since the age of 4. My maternal grandfather attempted to murder my mother and beat my grandmother. They used to share just one egg between a family of 6 during birthdays. My father used to walk instead of paying 10 cents to take the bus to his construction job. They worked for 60 years of their lives. They’re retired now and are multimillionaires, but they had worked so hard without doing regular checkups that when my dad did retire he was diagnosed with cancer twice and a heart disease. My mom became half blind because or cornea was dying and had never gone to get it checked. This is the definition of self made, not super rich people creating a company with other super rich people.
@markberryhill2715
@markberryhill2715 7 месяцев назад
I had to check your name to make sure you weren't one of my cousins. Lol
@arielsong1289
@arielsong1289 7 месяцев назад
Similar family background here (a bit different on the grandparents). My paternal grandma had to sell blood to afford my father's tuition fees. He and his 3 sisters, all of whom had outstanding grades, but he was the only one in the family who was able to attend college then grad school. His sisters were so supportive of him, saw him as the hope of the family. Now he has became a multimillionaire as well, and he's always generous about sharing his fortune with his siblings and parents. Though he has really bad temper and I am not very close to him, I admire him and this side of my family.
@heinousanus9352
@heinousanus9352 7 месяцев назад
Still not self made.
@felixpope6073
@felixpope6073 5 месяцев назад
This is misery man, a millionaire should have a decent life
@BillionairesArentYourFriends
@BillionairesArentYourFriends 4 месяца назад
An actual self made millionaire is usually a selfless made man/woman. The health of my parents is shot too for similar reasons. Overworking without a day off for 50+ years. Still not retired at 75 with heart issues. Growing up with nothing makes them feel like they never have anything, even when they do. It's sad. He thinks we're all just as poor as when he was a kid despite living in a middle class suburb. Something is just off in his head with money. Growing up poor really makes a person sick.
@combatepistemologist8382
@combatepistemologist8382 7 месяцев назад
"We're not making enough progress on the research side." I.e., you promised more than you could deliver. Oh, that's never happened before.
@bardsamok9221
@bardsamok9221 7 месяцев назад
They've been extremely lazy with the main product. I think they saw the product doing well financially and forgot to improve the product, especially the health testing which is very ineffective due to missing massive amounts of important health SNPs and gene markers they don't even bother to test for. Corner cutting like that neutered their product and massively reduced any usefulness from a customer POV. It's technologically obsolete and other companies 'do it better'. Whoever is employing the science leads and DIRECTION is doing a very poor job. So poor management, sadly. So much potential lost. Sadly not testing for those important health SNPs has greatly reduced data available to researchers.
@lukerinderknecht2982
@lukerinderknecht2982 7 месяцев назад
Theranos, Tesla, etc.
@therussianemirati
@therussianemirati 7 месяцев назад
Don't place Theranos, a literal fraud, alongside a multinational successful hardware (and software) company such as Tesla 😑
@jamie6387
@jamie6387 7 месяцев назад
FTX@@lukerinderknecht2982
@michaelhill7878
@michaelhill7878 7 месяцев назад
Elizabeth Holmes
@Gotcho1977
@Gotcho1977 7 месяцев назад
Will this stop me from seeing that dumb article where a mother she raised two CEOs and a doctor? The article also leaves out that she was married to the co-founder of Google.
@eddievangundy4510
@eddievangundy4510 7 месяцев назад
The mother is a terrible person. She went on and on trashing the baseball player Alex Rodriguez who this girl dated on the rebound from Brin. The oldest girl that's the one who suggested Google buy RU-vid, so that was excellent. The middle girl is a doctor, fine. And the baby married well. Helps to grow up on the Stanford campus.
@aspecialvisit
@aspecialvisit 7 месяцев назад
God I hate subscription platforms so much. the moment a company starts relying on subscriptions is the moment I'm out.
@borginburkes1819
@borginburkes1819 7 месяцев назад
Same. I have ZERO subscriptions
@davidb2206
@davidb2206 7 месяцев назад
Really? You never bought ANY TV or cable subscription chanel? I thought I was the only person in the United States.
@Tripps2564
@Tripps2564 7 месяцев назад
@@borginburkes1819 How do you access the internet or watch television?
@cherryjuice9946
@cherryjuice9946 7 месяцев назад
@@davidb2206 You're not the only one. I was using an antenna for years (and still do for some programs), but I bought a Ruku and stream stuff for free. If there's something to pay for, I don't bother with it. There's plenty of good stuff for free, such as I Dream Of Jeanie, Hawaii 5-O, etc. I will not pay a recurring fee for anything. Sadly, they are popping up on things that make no sense to have a fee for. I've seen BBQ grills, tread mills, etc., all have subscription. It's insane. Home Warranties are another rip off.
@davidb2206
@davidb2206 7 месяцев назад
@qweqwe9678 I had cable TV news and music in Asia one time, but it was included with the apartment rent. I have never subscribed in my life, anywhere. And never will.
@AnthonyWilliams-ew3wp
@AnthonyWilliams-ew3wp 7 месяцев назад
The key here is that essentially it is a buy once product. It’s unbelievable that investors didn’t identify this as a fatal flaw in the business. There’s a reason Buffet invested in Coca Cola.
@HostileTakeover555
@HostileTakeover555 7 месяцев назад
There was a show that used identical triplets to test out this one, an Ancestry, and another one. The 23 and me gave each one of them different results…
@greatdara
@greatdara 7 месяцев назад
😂
@blazingstar9638
@blazingstar9638 7 месяцев назад
Oof
@Samirustem
@Samirustem 7 месяцев назад
Its half science and anyone with decent biology jnowledge knows it. They are just making money however they can.
@glenmiller1437
@glenmiller1437 7 месяцев назад
Who says this is wrong? "Identical" siblings are not truly identical. There are differences. 23andme also has confidence levels on things like heritage. As a business, their testing results are not their problem.
@newbarker523
@newbarker523 7 месяцев назад
Theranos-Lite then? 😂
@Henrydonald1
@Henrydonald1 7 месяцев назад
The fin-Market;s have underperformed the U.S. economy as fear of inflation hammers the prices of stock;s and bonds. My portfoliio of $750k is down to $592k any recommendation;s to scale up my return;s during this crash will be highly appreciated.
@Emily24338
@Emily24338 7 месяцев назад
You have to get a financial-advisor/broker to aid you diversify your portfolios to include commodities, inflation-indexed bonds and stocks of companies with solid cash flows, as opposed to growth stocks where valuations were valuations were based on future potentials earnings.
@jacksonlucas5933
@jacksonlucas5933 7 месяцев назад
I agree, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or hold. That's where my manager comes in, to help me with entry and exit points , I've accrued over $550k from an initially stagnant reserve of $150K all within 14months.
@blessingpeter5681
@blessingpeter5681 7 месяцев назад
Please can you leave the info of your investment advisor here? I’m in dire need for one
@jacksonlucas5933
@jacksonlucas5933 7 месяцев назад
Sure, the investment-advisor that guides me is..
@jacksonlucas5933
@jacksonlucas5933 7 месяцев назад
MARY TERESE SINGH
@nickmitchko
@nickmitchko 7 месяцев назад
0:32 How can you be a self-made billionaire when you're married to sergey brin (founder of google)
@tvm73827
@tvm73827 7 месяцев назад
She managed to fool Brin entirely by herself
@motorbikeray
@motorbikeray 7 месяцев назад
@nickmitchko wrote, "0:32 How can you be a self-made billionaire when you're married to sergey brin (founder of google)" Where in the video was it said she married one of the founders of Google?
@nickmitchko
@nickmitchko 7 месяцев назад
@@motorbikeray she was married to brin until-2015. Source, Wikipedia
@motorbikeray
@motorbikeray 7 месяцев назад
@@nickmitchko wrote, " @motorbikeray she was married to brin until-2015. Source, Wikipedia" Fact confirmed. Thank you.
@TarotPolitics
@TarotPolitics 7 месяцев назад
The article from WSJ explained that the husband invested in the company and that she kicked out the co-founder who was the actual scientist BECAUSE she convinced the board her husband’s money would be a cushion for the company. This woman is another FAKE person who came from money and convinced people she “made it” herself.
@seashackf1
@seashackf1 7 месяцев назад
Their business model was always to build up a database and then make money selling the data either piecemeal or the whole thing. The dna service is only a way to get the data, it was never meant to be the main business. Once they sell the company the buyer can do whatever they want with the data.
@tw8464
@tw8464 7 месяцев назад
Exactly the "business model" is data THEFT
@TrollBot.
@TrollBot. 7 месяцев назад
🎯
@tw8464
@tw8464 7 месяцев назад
@@YoDawgUnleashed you're absolutely right
@tw8464
@tw8464 7 месяцев назад
@@YoDawgUnleashed what's terrible is our family members are too often conned and don't understand they're not only paying the "trickle down" corporations to steal their own generic data but they're also letting the bad actors steal OUR genetic data without our consent. We need family members to finally start to understand the interconnected reality the way corporations already do. The government shouldn't be allowing these kinds of no limits data theft "businesses," but unfortunately these thieving corporations with their "citizens united" SCOTUS continue to get away with outright buying the government. We have to keep doing everything we can to educate our family members on the data theft of their valuable private property, how this theft is driving inequality and making them poorer, what dangerous things can be done with that data by bad actors, how they're not being compensated for all the data being stolen everywhere they drive, everything the buy, everywhere they shop, everything they say, everything about their bodies and health, etc., and how with zero wise regulation or enforce of basic law like copyright health privacy etc., anything under the sun can be done with all this stolen data, like how the data is being fed into A.I. to, in many cases, replace them in their jobs (like a man forced to train his replacement at work, this is now happening on a population scale), and many other disturbing possible future outcomes that will likely unfold and could dehumanize or endanger humanity... the serious risks are not in any way being honestly or genuinely addressed. We've got to find ways to get our family members to open their eyes to the reality and not buy into these generic data thieving schemes and other such criminal activity posing as "legit" when nothing about it is honest safe or legitimate.
@alicianieto2822
@alicianieto2822 7 месяцев назад
Maybe they did not care? I don't see the issue with it
@dclamp123
@dclamp123 7 месяцев назад
Right from the beginning it was easy to see that your genetic information might be valuable to you, but is VERY valuable in the marketplace, i.e., insurance companies, health care providers, etc. Once that information leaves your actual body, it is on the free market and can never be retracted. That data is simply too valuable NOT to sell; there is no way privacy can be reasonably assured.
@tyrellcobb4665
@tyrellcobb4665 7 месяцев назад
All the more reason why they should be a successful company, with all that valuable data
@vinesthemonkey
@vinesthemonkey 7 месяцев назад
right on the money. they should pay me thousands for my DNA
@BionicBurke
@BionicBurke 7 месяцев назад
@@tyrellcobb4665 Their downfall lines up perfectly with the wistleblower leaks that they were basically building a DNA bank for the FBI.
@seashackf1
@seashackf1 7 месяцев назад
Yes, that’s what they were doing is building a data base that they could make money off of.
@alexandrugheorghe5610
@alexandrugheorghe5610 7 месяцев назад
I kind of regret taking it some years ago. 😕
@LuisBaas-kr6pi
@LuisBaas-kr6pi 7 месяцев назад
institutional buying into AMS48K could totally break the cycle and the peak expectation of end of 2025 will likely spectacularly fail to appear. If the last double peak was odd, the next one will catch most people out again.
@Daya_Papaya
@Daya_Papaya 7 месяцев назад
scam
@ntingk
@ntingk 7 месяцев назад
You can't be considered an information tech success and a visionary if you don't lose hundreds of millions every year man.
@NithinJune
@NithinJune 7 месяцев назад
lol we need to raise rates
@NithinJune
@NithinJune 7 месяцев назад
i think uber just barely became profitable recently
@chicanoinparadise
@chicanoinparadise 7 месяцев назад
On gang!
@rockets4kids
@rockets4kids 7 месяцев назад
As long as *someone* is walking away with a profit, that's all that matters.
@pcpxbotendorastermace9948
@pcpxbotendorastermace9948 7 месяцев назад
Its mam... MAAM!!!!!
@DellBriagas
@DellBriagas 4 месяца назад
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $560K for sometime now, my major challenge is not knowing the best entry and exit strategie;s ... I would greatly appreciate any suggestions.
@BernardaJerkin
@BernardaJerkin 4 месяца назад
Very true , I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.
@Jannie-yr4nc
@Jannie-yr4nc 4 месяца назад
Glad to have stumbled on this conversation. Please can you leave the info of your investment advisor here? I’m in dire need for one.
@BernardaJerkin
@BernardaJerkin 4 месяца назад
I use Angela Lynn Shilling!
@Jannie-yr4nc
@Jannie-yr4nc 4 месяца назад
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
@vhufeosqap
@vhufeosqap 4 месяца назад
Fake thread obvious from first sentence
@bullyboy131
@bullyboy131 7 месяцев назад
People started to realize that their DNA is not for sale
@CraftAero
@CraftAero 7 месяцев назад
Opposite... People realized that their DNA IS for sale. Along with their matching contact info and possibly fingerprints if they handled the vial.
@Felttipfuzzywuzzyflyguy
@Felttipfuzzywuzzyflyguy 7 месяцев назад
​@@CraftAeroyep
@thegoastofmccain5368
@thegoastofmccain5368 7 месяцев назад
After it was already given away by a relative.
@humblecourageous3919
@humblecourageous3919 7 месяцев назад
If you never did anything wrong, who cares if they have your DNA and fingerprints? They have mine. I don't mind. Must be a lot of criminals out there.
@jt.633
@jt.633 7 месяцев назад
The way I see it is they should be paying me to give up my genetic information
@williamhowland9977
@williamhowland9977 7 месяцев назад
I had no idea I liked pasta until 23andMe told me I was 1/8th Italian. Now it’s the cornerstone of my personality! Such a shame the company isn’t doing well. Che peccato!
@paulette6127
@paulette6127 7 месяцев назад
That was really funny
@jtassani7
@jtassani7 7 месяцев назад
BAHAHAHA- same here piasan
@AdamBechtol
@AdamBechtol 7 месяцев назад
:p
@mvmlego1212
@mvmlego1212 7 месяцев назад
Have you seen the videos of Hispanics who are shocked about being substantially Caucasian? I'm amazed that some people can base their identity around their genes while being so ignorant of genetic science.
@chronic2023
@chronic2023 7 месяцев назад
​@@mvmlego1212 Substantially Caucasian as opposed to what? Native American? North African? (Thinking Moorish influence in Spain.)
@AH-mj1rd
@AH-mj1rd 7 месяцев назад
She is not "self made", she just got allot of pocket change from rich family and friends.
@letsburn00
@letsburn00 7 месяцев назад
That's because in the modern world, only people already with wealth can be successful. But people call any attempt to move wealth from the elites to the poor as communism, so nothing happens
@athens31415
@athens31415 7 месяцев назад
Every Tech CEO is not self made. They are all rich kids, mostly guys who failed in life.
@phyllo2694
@phyllo2694 7 месяцев назад
2:09 this is what is scary. The data that this company has amassed is still very valuable worth more the company was ever listed as being worth! If the company goes insolvent who legally owns that potential goldmine of data?
@venicec3310
@venicec3310 7 месяцев назад
The highest bidder
@bcowan12
@bcowan12 7 месяцев назад
I did pay for the initial service, thinking the medical info would be interesting. I also participated in all the research questionnaires, until I realized that they were then trying to sell the most interesting results to me, instead of just giving me access to what I had participated in. That was the breaking point for me. I was done with them.
@chicanoinparadise
@chicanoinparadise 7 месяцев назад
Marketing works for a reason.
@seashackf1
@seashackf1 7 месяцев назад
And now they have a database of yours and millions of others private data that they can do what they want with. Same for a buyer if they sell the company. Building that database was always the goal, not giving out useful info. The dna test was simply the way to get the data.
@lucassilvas1
@lucassilvas1 7 месяцев назад
@@seashackf1 Yup. Only idiots couldn't see that coming.
@bardsamok9221
@bardsamok9221 7 месяцев назад
The problem is 'the most interesting' results are half baked and the real problem is some of the most valuable SNPs and markers are not even tested for let alone reported on by 23andme. It's half the product it could have been. If they recorded more health SNPs and markers it would be a vastly better value proposition for the consumer. There's just not enough tested for due to corner cutting and penny pinching for other projects and the product just isn't good enough as a result, and they're paying for that negligence.
@seashackf1
@seashackf1 7 месяцев назад
@@bardsamok9221 it’s a terrible proposition for the consumer because the data could be used against you by whoever buys it like an insurance company, employer, etc.
@Kaustavpatell
@Kaustavpatell 5 месяцев назад
Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
@MickyGlover
@MickyGlover 5 месяцев назад
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder.
@kurtKking
@kurtKking 5 месяцев назад
The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market.
@donovantobs
@donovantobs 5 месяцев назад
nice! once you hit a big milestone, the next comes easier.. who is your advisor please, if you don't mind me asking?
@kurtKking
@kurtKking 5 месяцев назад
Michele Katherine Singh is a hot topic even among financial elitist . Just browse, you’d find her, thank me later.
@donovantobs
@donovantobs 5 месяцев назад
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
@cadebrashear2938
@cadebrashear2938 7 месяцев назад
"Self-made" billionare. Dating the cofounder of Google sure does have a lot of perks.
@mikegee729
@mikegee729 7 месяцев назад
2.3 million of them to start. Also a very timely response from the FDA.
@cancerino666
@cancerino666 7 месяцев назад
I'd love to be "self-made" as well. Any billionaire wanna give me a small loan of a million dollars?
@DannyBPlays
@DannyBPlays 7 месяцев назад
She was self-made.... yet she was dating the co-owner of Google who helped with initial funding. Yeahhhhhh not sure I'd consider that self-made
@Napstone
@Napstone 7 месяцев назад
“Hosting spit parties for celebrities and investors” … Gross!
@ashleyshim2078
@ashleyshim2078 7 месяцев назад
😂😂😂😂
@Madelyn24
@Madelyn24 7 месяцев назад
Oh good so it's not just me. 🤮
@jonathantrue2812
@jonathantrue2812 7 месяцев назад
My thoughts exactly! Disgusting!
@user-97n0xg.d6gfh
@user-97n0xg.d6gfh 7 месяцев назад
The next big venture will be 99.999% genetically accurate testing using a strand of the subject's hair.
@mademsoisellerhapsody
@mademsoisellerhapsody 7 месяцев назад
And Weinstein is in that picture
@JoshuaJimenez-pm3pj
@JoshuaJimenez-pm3pj 7 месяцев назад
I'm betting AMS48K will perform well, it havent had a cycle yet and they have a strong community on both, and AMS48K update will make rollup fees even lower. Just my 2 cents. Great video goodvibes
@MrX8503
@MrX8503 7 месяцев назад
Scam
@xcidgaf
@xcidgaf 7 месяцев назад
bot
@User-fd2fr
@User-fd2fr 7 месяцев назад
Is that Weinstein in the group picture ? 1:20
@asl_iwnl8489
@asl_iwnl8489 7 месяцев назад
Yes
@NC000C
@NC000C 7 месяцев назад
And Wendy deng😮
@blazingstar9638
@blazingstar9638 7 месяцев назад
Yes
@herogebrial
@herogebrial 7 месяцев назад
Sure is....he is a part or the club 😉
@herogebrial
@herogebrial 7 месяцев назад
​@@NC000Cwho's that?
@MrGigaHurtz
@MrGigaHurtz 7 месяцев назад
All these companies talk about protecting your personal data but then when there's a breach they just say "Oops we tried". When there is a leak the board should be required to provide their personal data to the victims
@polarspirit
@polarspirit 7 месяцев назад
Too freaking expensive. And to give up my DNA information? No way
@davidb2206
@davidb2206 7 месяцев назад
It was only $89. I did it years ago and give full permission for all law enforcement and medical research uses that might help somebody else in the future. What are you fraidy-cat of, exactly, Little One?
@MrZoomah
@MrZoomah 7 месяцев назад
​@@davidb2206"I want to make an insurance claim." "Denied." "Why?" "Preexisting genetic condition. remember how you agreed to help someone? Thanks for the help."
@dead01
@dead01 7 месяцев назад
I heard they sell the data to China
@valevisa8429
@valevisa8429 7 месяцев назад
My DNA information is out there for the whole world to see.I don't care.
@karanjain5663
@karanjain5663 7 месяцев назад
@@davidb2206 Well - for one thing, your entire genetic profile being available on the dark web. But year you're amazing for name-calling - clap clap.
@CristianMunoz-wm9bg
@CristianMunoz-wm9bg 7 месяцев назад
I raised the hammer high when your first pick was AMS48K.. Been collecting this bear cycle.
@Daya_Papaya
@Daya_Papaya 7 месяцев назад
scam
@deepgeny1
@deepgeny1 7 месяцев назад
Scammer alert
@a-bas-le-ciel
@a-bas-le-ciel 7 месяцев назад
The vast majority of technological innovations are not the basis for long term profitability: scientific research itself itself is a chairty not a business.
@jpcaretta8847
@jpcaretta8847 7 месяцев назад
Not a charity , just REAL VALUE ! The true human nature. They are the people who made our world. People in finance are just monkeys trading bananas for sexual favor. No progress there.
@user-97n0xg.d6gfh
@user-97n0xg.d6gfh 7 месяцев назад
Basically, every Cherokee-Native-American-African -American women has had their DNA analyzed.
@klnnlk1078
@klnnlk1078 7 месяцев назад
Agreed, but what technological innovation exactly did 23andme make?
@j33k83
@j33k83 7 месяцев назад
@@klnnlk1078 that you could make spitting in gatherings a norm?
@marcoonroad7
@marcoonroad7 7 месяцев назад
based and spitting facts
@KippinCollars
@KippinCollars 7 месяцев назад
All these startup CEOs had these grandiose plans and speeches. Part of it was performative groupthink, ie "this is what tech CEOs do". The other part was just cluelessness about how the world works.
@karlwithakcomedy
@karlwithakcomedy 7 месяцев назад
1:21 I spot Harvey Weinstein
@prithvirajsrinivasan1077
@prithvirajsrinivasan1077 7 месяцев назад
Reminds me of Theranos except the lies. It's just hard to make money in the medical arena but what's more striking is how fast she got FDA approved. Can't help but think it was because of Sergey
@kikiTHEalien
@kikiTHEalien 7 месяцев назад
Why wouldn't they get fda approval? There is 0 risk for the health of the consumer
@keepcalmandenjoythedecline
@keepcalmandenjoythedecline 7 месяцев назад
Try getting FDA approved yourself. Nothing fancy, just present a business plan where you only operate as a front, you buy the kits off of 23 and me, re-package them, re-sell them and when the client uses it, you send it back to 23 and me and they do the testing. You just provide a better web interface to give the client the same information that 23 and me does but for double the price. Mind you, I'm assuming you are neither a big tech player nor a shoe, or part of their inner circles...
@borginburkes1819
@borginburkes1819 7 месяцев назад
@@kikiTHEalienthey paid for the approval
@johnmcho
@johnmcho 7 месяцев назад
The tech was well known. The innovation was on the operations side.
@lucassilvas1
@lucassilvas1 7 месяцев назад
@@kikiTHEalien Yes, there is? Misdiagnosing people can cause harm.
@olliverklozov2789
@olliverklozov2789 7 месяцев назад
Did mine early. They said my ancestors were from the British Isles. Well I knew that. I was hoping it would be a little more detailed...
@ricksmith2127
@ricksmith2127 7 месяцев назад
A service you ever use once. How could it possibly stop making money?
@chancellorasher9417
@chancellorasher9417 7 месяцев назад
I mean that model isn’t the problem, once you have their info/data sell it to the government which is where the money is at. The problem is once people found out that the government has access without people’s consent then they won’t use the service at all.
@ricksmith2127
@ricksmith2127 7 месяцев назад
@@chancellorasher9417 apparently selling to the government isn’t where the money is.
@seashackf1
@seashackf1 7 месяцев назад
@@ricksmith2127nope, selling the data to private companies is where the money is at. Or selling the whole database to a new buyer who can do whatever they want with it. All that data is still out there and somebody will buy it and do who knows what with it.
@r5t6y7u8
@r5t6y7u8 7 месяцев назад
Exactly. There's a saying in business that there's no benefit to making products that last forever. My parents got me a set of Ethan Allen furniture when I was ten. I'm 56 and still use it. That set would cost $6,000 today, ten times what Ikea would charge. EA made $150M in 2020. Ikea made $40 billion.
@cherryjuice9946
@cherryjuice9946 7 месяцев назад
Test improve over time. If you bought a kit 10 years ago, it might test something like 300,000 SNPs. A more recent test gives much better coverage. Also, you can buy a kit for your autosomes (1-22) and for the Y if you have a Y chromosome. Or, you could test your mtDNA. Plenty of money to make. Plus, some folks such as myself have bought kits for relatives that wanted to do the test, but they couldn't justify the cost. That said, I will never buy another 23AndMe test kit. There are plenty of other companies in this space that offer a better product.
@halfdeadfish
@halfdeadfish 7 месяцев назад
Self made??? She’s an ivy leaguer and her sister was the ceo of RU-vid
@richardcranium8984
@richardcranium8984 7 месяцев назад
The sequencing technology they used is deeply flawed. False positives and false negatives are making it impossible for them to develop any meaningful products.
@Cucumberflavoredmustard
@Cucumberflavoredmustard 7 месяцев назад
Turns out, lots of people out there don't want some company owning the blueprint to their soul.
@1106gary
@1106gary 7 месяцев назад
the soul is genetic?
@heinousanus9352
@heinousanus9352 7 месяцев назад
@@1106gary The 'soul' is a fiction, just like 'self made'.
@Cucumberflavoredmustard
@Cucumberflavoredmustard 7 месяцев назад
@@1106gary Can it be proven that it isn't?
@weevilsnitz
@weevilsnitz 7 месяцев назад
Turns out there's a finite number of customers in the world, and a smaller finite number of people who want to take a DNA test. And when it's taken one time only? Turns out eventually the money stops coming in. This is all just a basic business analysis, not including the data privacy concerns.
@seashackf1
@seashackf1 7 месяцев назад
They can still make money selling the data or the whole database. That was always the goal and the scariest part.
@CoolPandaTheMovieNerd
@CoolPandaTheMovieNerd 7 месяцев назад
South Park did a brilliant bit about this. “I’m part Native American! I’m 15% victim!” I think enough people realized that this isn’t that special
@AK4SHGaming
@AK4SHGaming 7 месяцев назад
Elizabeth Holmes 2.0
@bonjourRK
@bonjourRK 7 месяцев назад
My initial thoughts as well!! Except this product was apparently effective but the business model was flawed🤔
@BennettCooper-s6s
@BennettCooper-s6s 7 месяцев назад
Too many businesses are centred around raising money rather than making money these days.
@chemicalfrankie1030
@chemicalfrankie1030 7 месяцев назад
lol a subscription platform… they all really think we are so dumb?
@sport504
@sport504 7 месяцев назад
😂
@jeffghant4760
@jeffghant4760 7 месяцев назад
So does this mean I SHOULDN'T buy their stock? Because I can literally afford like 8,000 shares.😅
@lunayen
@lunayen 7 месяцев назад
Maybe buy a few. Like 100. If they separate their two business models, then at least you know you didn't waste all of your mjney
@jeffghant4760
@jeffghant4760 7 месяцев назад
@@lunayen Forget 23. I'm dumping cash into SoundHound. I just bought 400+ shares. NVIDIA is also buying.
@jeffghant4760
@jeffghant4760 7 месяцев назад
@@lunayen Nvidia owns $3.7million worth. I need more cash😬
@TTOS69
@TTOS69 7 месяцев назад
It irks me knowing my mom took one of these tests... Now they have MY DNA and some ai robots gonna try and use in the future...
@tw8464
@tw8464 7 месяцев назад
Exactly you're absolutely right now God knows who had your genetic data and what they'll do with it. According to "do anything we want all the time zero real security dump it all in the river" "trickle down" controlled US government, the thieves of your genetic data can do literally anything under the sun they want
@tw8464
@tw8464 7 месяцев назад
Yes in the future AI has your genetic data and can decide to do terrible things to us and humanity. This is no longer "science fiction" and the corporations and US government only thinks about the current quarter's profits, completely abdicating all responsibility for thinking ahead or dealing with many serious matters affecting the people and humanity and the future
@hawaii3231
@hawaii3231 7 месяцев назад
You and your mom have different DNA
@fartnutssupreme4930
@fartnutssupreme4930 7 месяцев назад
Relax. Honestly, you’re not that special and they don’t care about nearly as much as you think.
@chemical2401
@chemical2401 7 месяцев назад
More than close enough to use for forensics @@hawaii3231
@EyesOfByes
@EyesOfByes 7 месяцев назад
1:19 Spit parties with Harvey Weinstein? Nah, I'll pass
@realericanderson
@realericanderson 7 месяцев назад
3:32 oh it’s a SPAC. That’s all you had to say really
@mensrea1251
@mensrea1251 7 месяцев назад
lol yeah
@SimonAlander
@SimonAlander 7 месяцев назад
I just bought one $129 last month. What I don’t get is why they want me to specify my ancestry and other stuff in the questionaires before the results?
@429supercj
@429supercj 7 месяцев назад
Lie and see what happens
@sylviabargas3340
@sylviabargas3340 6 месяцев назад
Depending on your ancestry, it can help them build their Reference Panel. What's most useful to them is if all four of your grandparents are from one area, say Madagascar. If that's the case, then your DNA helps them to define what "Madagascar DNA" is, and at a lower price than them having to go to Madagascar and test people.
@gregahrens8220
@gregahrens8220 3 месяца назад
Should have went through Ancestry, 1\3 the cost and twice the matching databbase.
@Makes_me_wonder
@Makes_me_wonder 7 месяцев назад
Human Genetic Engineering is a metaphorical tower of babel whose contruction would doom us all.
@thegoastofmccain5368
@thegoastofmccain5368 7 месяцев назад
They were around just long enough to gather everyone’s dna through that one aunt
@manonamission2000
@manonamission2000 7 месяцев назад
what stops insurance companies from getting their hands on the data, or a contractor hired by the insurance company??
@choysum9030
@choysum9030 7 месяцев назад
Absolutely nothing
@Whatisthisstupidfinghandle
@Whatisthisstupidfinghandle 7 месяцев назад
You submit blood test to insurance companies for life insurance. They already have this. The horse is well out the barn
@tw8464
@tw8464 7 месяцев назад
Nothing. What 23andme and others are doing with data is CRIMINAL
@davidb2206
@davidb2206 7 месяцев назад
Silly, irrational paranoia. I did it years ago and I give full permission for all law enforcement and medical research uses that might help SOMEBODY ELSE. (Start thinking about SOMEBODY ELSE sometime in your life.) It has caused me ZERO problems (or worries). I support a national database of everybody because it WILL solve crimes, if not prevent some, too.
@rotopope
@rotopope 7 месяцев назад
​@@davidb2206 won't somebody please think of the corporations?!
@bradvincet1848
@bradvincet1848 7 месяцев назад
I'm glad I never sent my sample in. I didn't believe they could securely or honorably handle such private data.
@Sosi288
@Sosi288 7 месяцев назад
Was that Harvey?!
@tabby73
@tabby73 7 месяцев назад
Yup
@blueoval250
@blueoval250 7 месяцев назад
Give my DNA to government? Nope, not doing that.
@tiredofthebs9
@tiredofthebs9 7 месяцев назад
I just sent my spit a month ago... It's sad, can't trust ANYTHING in this world. I want to just sit in a room and deal with no company or person.
@firdosvohra4315
@firdosvohra4315 7 месяцев назад
BTW You’re my soulmate
@nownomad
@nownomad 7 месяцев назад
They have the same problem as Theranos did. There’s yet no technology (in their case - DNA tailored drugs) that actually works better than alternatives.
@MrYugideck
@MrYugideck 7 месяцев назад
Well deserved
@PierreDennis
@PierreDennis 7 месяцев назад
​@fel_pie I'm gonna buy their stock then! I'll be so rich! I can buy the company!
@kenxiong6830
@kenxiong6830 7 месяцев назад
Wall Street seems to have a evaluation problem. Not everyone that comes out of Silicon Valley is a tech company
@vasantos-re4hb
@vasantos-re4hb 7 месяцев назад
I love how non-doctors keep thinking they can beat medicine and sidestep privacy rules. If they were smart, they would have partnered with a pharmaceutical rather than buy with borrowed money.
@ProperBitOfFrock
@ProperBitOfFrock 7 месяцев назад
Anne is typical dorky Silicon Valley “pick-me girl” and wanted to make as much money as possible, nothing else actually mattered in advancing “heathcare” or “medicine”.
@SSModi852
@SSModi852 7 месяцев назад
Good refresher to how bubbles pop. Sticking with index funds for my investments.
@ThePlayerOfGames
@ThePlayerOfGames 7 месяцев назад
What's amazing is by tanking the company, $millions worth of DNA data is going to go to some shady company for ¢ents
@1106gary
@1106gary 7 месяцев назад
I hope it goes to one of the other DNA companies. It will increase the value of both of their data bases. And maybe connect me to long lost relatives.
@ThePlayerOfGames
@ThePlayerOfGames 7 месяцев назад
@@1106gary it's going to connect your health insurance to your bank account via a higher bandwidth link, buddy. It's going to connect your health ministry to eugenics whenever they feel like it, dude. It's going to connect your recruiter to arbitrary reasons to not hire you, chum.
@dool1002
@dool1002 7 месяцев назад
They actually had potential by providing a database research platform for hospitals, science research and law enforcement. Hence a recurring revenue model would've worked. The real problem is their products didn't really solve a need for average consumers. It was a novelty.
@SweetHomeGeorgia
@SweetHomeGeorgia 7 месяцев назад
This is why when I did molecular biology and did our own mRNA maternal line DNA test with a cheek sample. I know I did mines adequate to get good results but others messed up their samples with too many mutations. I saw how accurate my results are and never did any of these tests. My sister did one and her results are completely different than mines
@Khaos-y7n
@Khaos-y7n 7 месяцев назад
Their goal was not to succeed as a company but rather to gather and upload everyone's genetic data. Now that the mission is complete they are no longer needed.
@seashackf1
@seashackf1 7 месяцев назад
The goal was to gather the data and then sell it. They can do that piecemeal or all at once. That dat is still out the, a new buyer could do anything they want with it.
@borginburkes1819
@borginburkes1819 7 месяцев назад
Founded by Ashkenazi
@Khaos-y7n
@Khaos-y7n 7 месяцев назад
@@tahwseodti Do you not know what the company does?
@johnc2438
@johnc2438 7 месяцев назад
I never uploaded my "genetic dna" -- and I'm part of the group "everyone." Mission incomplete.
@seashackf1
@seashackf1 7 месяцев назад
@@johnc2438 enough people did and the original founders and investors made $$$ millions. They also still have data to sell for millions more. Mission complete.
@Kaustavpatell
@Kaustavpatell 5 месяцев назад
Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
@phoenix5054
@phoenix5054 7 месяцев назад
Why do rich men always have wives with businesses that lose money?
@ElectroMotoko
@ElectroMotoko 7 месяцев назад
Yeah these companies want to own you're soul, for the price of knowing a little about you're self. Madness!
@tw8464
@tw8464 7 месяцев назад
Exactly
@tw8464
@tw8464 7 месяцев назад
They're exploiting people's narcissism to steal everything and destroy us all. No decent government anywhere would be allowing this.
@tw8464
@tw8464 7 месяцев назад
You can see it not just with 23andme but also Facebook. Zuckerberg exploits the moms to always upload data about children. Basically stealing the entire data of entire childhoods and people's whole lives. And can do literally anything with the stolen data feed it into AI to build a digital replica of the human mind far more powerful than any human mind meaning all these moms that uploaded all their kids data to hand over everything to Zuckerberg have also destroyed the children's futures because there will be no jobs for them in the future because of the stolen data to build these extreme AI "models." The people stealing all the data are lying about everything. This is NOT "the industrial revolution." This is AI taking over the human mind.
@jra3224
@jra3224 7 месяцев назад
Elizabeth Holmes 2.0
@tw8464
@tw8464 7 месяцев назад
Exactly
@mikegee729
@mikegee729 7 месяцев назад
That's harsh.
@TheRedneckPreppy
@TheRedneckPreppy 7 месяцев назад
Data collection and privacy concerns seem to be a trait with people named Wojcicki. Is there another sister we need to be aware of?
@stanleykachuik2589
@stanleykachuik2589 7 месяцев назад
I'll always remember this company for exposing just how insanely high paternity fraud actually is. Should rename the company to "1 in 3"
@alvarorubenvera5915
@alvarorubenvera5915 7 месяцев назад
They just need to sell "personalized" nutritional supplements.
@redcapote4760
@redcapote4760 7 месяцев назад
Americans are curious about their ancestry, while families in other countries don't have to be.
@seashackf1
@seashackf1 7 месяцев назад
While other Americans are curious about collecting that data and selling it for $$$$
@redcapote4760
@redcapote4760 7 месяцев назад
@@seashackf1 They must be so proud.
@touristtea6076
@touristtea6076 7 месяцев назад
Is it just me that likes the idea they could get criminals off the street with this test? If my cousin was out on the lamb I’d be happy to help them track him down based on DNA at the crime scene. 🤷🏽‍♀️
@YogaBlissDance
@YogaBlissDance 7 месяцев назад
Yeah it's odd ot me that catcching the Golden State killer made folks NOT want to...like if that's the reason what are you hiding? That's a benefit, maes me think of Tom Cruise movie where the twins Pre-cog, can predict crimes.... I DO understand the usage of material without permission but- but you think catching criminals would be a plus in the public mnd.
@Agtsmirnoff
@Agtsmirnoff 7 месяцев назад
Video doesn't mention that the hackers offered to the names and data of those with Jewish heritage separately, including name, address, & phone numbers. And this happened right around the October 7th attack in Israel. 23andMe's response was "oops, sorry!"
@duckmeat4674
@duckmeat4674 7 месяцев назад
And where is the link between the hackers and the Oct 7 attack? Happening at around same time is a weak link. Which victims were on the hacked database?
@Agtsmirnoff
@Agtsmirnoff 7 месяцев назад
@@duckmeat4674 I never said there was a connection, did I? I was saying the optics didn't look good and the timing couldn't have been worse. Stop being a butthurt Pro-Hamas shill and learn to read without getting emotional.
@duckmeat4674
@duckmeat4674 7 месяцев назад
@@Agtsmirnoff it's obviously implied it's linked, why else would you make it seem like 23andme should've said more? Also who said anything about supporting Hama's? I sure don't
@vegidio
@vegidio 7 месяцев назад
"Self made millionaire" Step 1: date a Google co-founder and have him inject money in your company 😂
@TEOTWAWKI626
@TEOTWAWKI626 7 месяцев назад
I used their product because of the historical genetics, just fun to know. Medical diagnosis, not at all. That data is from surveying customers, which is not reliable data.
@1106gary
@1106gary 7 месяцев назад
The dreams of becoming a medical company is where they over stepped.
@josealbertocundafesol6346
@josealbertocundafesol6346 7 месяцев назад
You know the story is going to be weird when you see harvey weinstein in a spit party 1:20
@user-rh6ru5oz2o
@user-rh6ru5oz2o 7 месяцев назад
The product is so silly to begin. Most of the users lack sufficient understanding of genetics, statistics, or even the concept of race in the biological sense to make use of any of the findings they give you
@acash93
@acash93 7 месяцев назад
Exactly
@steffibaker6121
@steffibaker6121 7 месяцев назад
I checked into the accuracy carefully as I had a supposed relative wanting me to take the test to determine if we were related. This is no more accurate than a psychic reading. Commercial DNA testing companies should put a disclaimer on their product: "for entertainment purposes only."
@tw8464
@tw8464 7 месяцев назад
Exactly
@hawaii3231
@hawaii3231 7 месяцев назад
⁠@@steffibaker6121people find relatives through this test. How can you say it’s no different than a psychic reading? If you didn’t get matched with your relative, then I’m sorry but you’re not biologically related. Happens more often than you’d think. I was matched with my mother and several relatives I know are on my dad’s side. (Plus thousands of distant relatives.)
@davidb2206
@davidb2206 7 месяцев назад
@@steffibaker6121 Funny, ALL of the list of relatives they connected me with is accurate. We already knew some of them and the family names. It is correct.
@LostMySauce
@LostMySauce 7 месяцев назад
The problem with 23 and me is that it’s a one time service. There is no recurring revenue for their users. They were just too late on the pharmaceutical side.
@jenniferindigochameleon6680
@jenniferindigochameleon6680 7 месяцев назад
Wow they should have said that in the video
@victoriab8186
@victoriab8186 7 месяцев назад
It's really clear from this the dangers of a commercial model of drug development. They have to be able to 'prove' that their drug works, or the business will fail. So, if the drug doesn't really work... well there's a whole lot of pressure encouraging data forgery
@95ellington
@95ellington 7 месяцев назад
Yeah, until one day we are required to have our DNA data registered in a database somewhere like our taxes.
@steamynoodle2010
@steamynoodle2010 7 месяцев назад
People are lost, sad, and someone came along and told them…”if you know your ancestry, it will give you purpose and meaning and you’ll feel special and different.” But it doesn’t. What does knowing you are 7% Ethiopian have to do with your morality, mortality, relationships, contentment? Great hustle though.
@somuchfortalent
@somuchfortalent 7 месяцев назад
Some things can be just for fun.
@thomascross8339
@thomascross8339 7 месяцев назад
Interesting that whenever we're told about firings at a major company they never include how many executives were terminated.
@nibs8837
@nibs8837 7 месяцев назад
I'm old. So I can remember when genetic data and the implications of that data was first discussed. Talk was that the public would understand the potential dangers of collecting information revealing you have a greater risk of developing a serious illness or dying young. Someone who understood marketing and human nature said, "Oh, we'll collect it. We'll even get the public to *pay* to have it done." They were right.
@ohsweetmystery
@ohsweetmystery 7 месяцев назад
Just like getting people to pay for and install the self surveillance in their own homes.
@daniele81
@daniele81 7 месяцев назад
The fundamental problem is that the company generated a massive amount of genetic data from mostly healthy individuals. There is no real phenotype associated with that data so making drugs out of that data is not very easy…
@KenToney
@KenToney 7 месяцев назад
My great grandmother was 100% Cherokee, her daughter my grandmother and her daughter my mother. My 23 and Me shows no American Indian!!?
@williewonka6694
@williewonka6694 7 месяцев назад
Lying by someone.
@joe97nsx
@joe97nsx 7 месяцев назад
Is that you Elizabeth Warren?
@KenToney
@KenToney 7 месяцев назад
@@williewonka6694 the reason I said it flows through the women then it can’t be because of an illegitimate birth, I even have the traits of my great grandmother.
@KenToney
@KenToney 7 месяцев назад
@@joe97nsx haha, maybe
@KenToney
@KenToney 7 месяцев назад
@@joe97nsx not only that I’m one of a little over 100,000 descendants of Pocahontas in US (true story) but it shows no American Indian in my DNA
@marehemudanielarapmoi6424
@marehemudanielarapmoi6424 7 месяцев назад
Americans love knowing about their ancestry... Why dont they know about their ancestry?....dont they talk to parents, grandparents, great grandparents...dont they know their family history?...Why do they need to pay a company! USA is hilarious. 😅😅😅
@raoulthedutch
@raoulthedutch 7 месяцев назад
Al is a f*cking pro in this business
@troyflatland5299
@troyflatland5299 7 месяцев назад
WHO’S DOWN FOR A SWALLOW PARTY?! 🙋‍♂️
@michaelhill7878
@michaelhill7878 7 месяцев назад
Sharing DNA results with Law Enforcement agencies was a pretty stupid move. They were violating the privacy of their customers.
@Solitude1990
@Solitude1990 7 месяцев назад
All companies HAVE to share their information with law enforcement, even Google. It’s insane to think you’d be safe sharing any of your information and that law enforcement couldn’t get to it; they can and will. As they should. If you’re a bad person and have something to hide, then be smarter and don’t share any of your information anywhere, not even Google
@ohsweetmystery
@ohsweetmystery 7 месяцев назад
The consumers agreed it could be shared under terms of service. Always read the small print.
@sylviabargas3340
@sylviabargas3340 6 месяцев назад
23andMe didn't share DNA results with Law Enforcement. That was GEDmatch and FTDNA
@jimbomacgee3499
@jimbomacgee3499 7 месяцев назад
1:20 is that who I think it is at the far right of the picture? 🤣
@pakde8002
@pakde8002 7 месяцев назад
The phenomenon has been known ever since the 1637 tulip mania and yet people still rush to climb on board the next big thing. As someone allegedly said "when the shoeshine boy gives me 'a hot tip' on a stock it's time to sell."
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