Podknife - Why 23andMe, Once a Silicon Valley Darling, Is Struggling to Profit by WSJ Tech News Briefing

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Why 23andMe, Once a Silicon Valley Darling, Is Struggling to Profit

Podcast |: WSJ Tech News Briefing
Publisher |: The Wall Street Journal
Media Type |: audio
Podknife tags |: Gadgets,; Tech News,; Technology
Categories Via RSS |: News,; Tech News
Publication Date |: Feb 02, 2024
Episode Duration |: 00:11:51

23andMe was once one of the hottest startups in Silicon Valley. It was founded on the idea that genetic tests can help people understand their health, and the company’s test kits became popular gifts. But while CEO Anne Wojcicki has made some big bets, 23andMe’s inability to turn a profit means that it could run out of money before it can accomplish its most ambitious goals. WSJ reporter Rolfe Winkler joins host Alex Ossola to talk about 23andMe’s trajectory, and what it will take to turn the company around. Learn more about your ad choices. Visit megaphone.fm/adchoices

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