23andMe potentially for sale for <$50M

post by lemonhope (lcmgcd) · 2025-03-25T04:34:28.388Z · LW · GW · 2 comments

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It seems the company has gone bankrupt and wants to be bought and you can probably get their data if you buy it. I'm not sure how thorough their transcription is, but they have records for at least 10 million people (who voluntarily took a DNA test and even paid for it!). Maybe this could be useful for the embryo selection/editing people. This is several times cheaper than last April.


The market cap is presently $19.5M but I'm not sure how that relates to the sale price.

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comment by GeneSmith · 2025-03-25T07:16:52.952Z · LW(p) · GW(p)

I've been talking to people about this today. I've heard from two separate sources that it's not actually buyable right now, though I haven't yet gotten a straight answer as to why not.

Replies from: robert-k
comment by Mis-Understandings (robert-k) · 2025-03-25T14:49:08.889Z · LW(p) · GW(p)

Probably regulatory concerns, given what the Cal DA is saying and how people are deleting data in response to news that it might be sold.