This is a classic combination of cargo-cult matching with ZIRP regime. 23andMe never had a business plan, but it didn't matter because their investors figured

This is a classic combination of cargo-cult matching with ZIRP regime. 23andMe never had a business plan, but it didn't matter because their investors figured they had the connections to make it work (look at the explanation of how they booted out the other founder). Their Libertarian/lazy attitude towards regulation is just an example of how couldn't be bothered to even do the necessary homework. Their attitude towards their data breach is another. Makes me wonder how good their science is. I don't know anyone on that side of their business, but comments from friends who used to work their about how their parts worked are not encouraging.