this post was submitted on 19 Apr 2024
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23andMe's business is basically worthless. Its CEO now wants to buy it. (www.businessinsider.com)
submitted 10 months ago by [email protected] to c/business
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[–] stoly 6 points 10 months ago (1 children)

Everyone who would pay for this already has. It’s a collapsed model because there’s nowhere else to go.

[–] reddig33 1 points 10 months ago (1 children)

The data is still valuable and can be sold to pharmaceutical and medical research among others.

[–] stoly 3 points 10 months ago

I agree but also think that the major value has been extracted already. It’ll probably be useful for scientific needs and has value there.