5 ms·
23andme testing is one and done. Once you've had it you will never spend a dime with them. It's a red flag for any investor.
by avocado4 7y ago
23andme testing is one and done. Once you've had it you will never spend a dime with them. It's a red flag for any investor.
- fiftyfifty 7y agoIt's worse than that, I talked my parents into doing one of these tests, now I don't ever have to pay for one.
- Barrin92 7y agoalso, the value you get out of it seemed to be mostly curiosity and novelty. Getting a bunch of stats on your heritage is nice and all but it's not any sort of ground-breaking consumer service.
- PunchTornado 7y agotheir data could be very valuable depending on the evolution of personal medicine.
- avocado4 7y agoThat was probably the justification for a high valuation. Also explains the recent pharma pivot.
- nradov 7y agoTheir existing data can't really be used for personalized medicine. If they want to pursue that market they'll need different testing protocols and additional regulatory approvals.
- PunchTornado 7y agoregulatory approval is easy to get with the right kind of lobbying. i would say assays are useful for personal medicine. they get about 6m variants.
- OrgNet 7y agoThey could charge you a monthly fee to keep you up to date on discoveries in this field relating to your personal DNA? (not sure how often this actually happens....)