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

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.

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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