The Business On... Anne Wojcicki, Chief executive, 23andMe
Friday 12 November 2010
Never heard of her
Perhaps you have heard of her husband, one Sergey Brin, computer scientist, co-founder of Google, billionaire. The pair met when Ms Wojcicki's older sister rented her Silicon Valley garage to two budding entrepreneurs with an idea for a search engine. The rest, as they say...
Daughter of a Stanford professor, biology graduate of Yale, co-founder of a company that wants to bring genetic testing to the masses. The name, 23andMe, refers to the number of pairs of chromosomes we all have.
What's the company doing?
For $500 a pop, it will test a sample of your saliva and tell you what that might mean about your ancestry and diseases you might be prone to.
How's the company doing?
It gets by with a little help from its friends.
By which you mean...?
A lot of its funding comes from Google, or more specifically from Google Ventures, the company's venture capital arm. This week, 23andMe said it had raised an additional $22m, including $3.2m from Google. Of the $44m raised since start-up, $10.2m has been from Google Ventures.
I hope you're not suggesting nepotism
It has all been done by the book, Google says, with Mr Brin recusing himself from investment decisions regarding 23andMe, and other investors taking the lead on negotiating price. "By the book beyond belief," Google chief executive Eric Schmidt once said.
So, can we expect 23andMe to be the Google of genetics?
That is certainly the ambition. The Brins share a view of the genome as a kind of software code for the human body, and of genetic predisposition to disease as a kind of bug in the code. Google has always lived by a mission statement of "arranging the world's information"; 23andMe's is "helping individuals understand their own genetic information".
OK, sir. If you would just spit into this tube...
Geoffrey Macnab does not like the comedian's big screen debut
Look beyond the usual shows for the best festive telly
The battle for control of Stieg Larsson's £30m legacy
Latest in News
French pub fined €9,000 after customers returned empties to bar - because it's 'undeclared labour'
Sun will 'flip upside down' within weeks, says Nasa
PAs cleared of fraud - and Nigella Lawson left reeling at 'ridiculous sideshow' of drug allegations and public dissection of her marriage to Charles Saatchi
Burglar steals video tapes of child abuse, hands them into police
Paul Walker's daughter Meadow attends Justin Bieber Believe premiere
Exclusive: Young people ‘want UK to stay in Europe’: Four in 10 adults aged 18 to 24 are ‘firmly in favour’ of membership, poll shows
Tom Daley ‘is gay because his father died’ says UK evangelist
Iain Duncan Smith leaves Commons food banks debate early
Kiss and yell: Italian protester charged with sexual assault after kissing riot police officer
PM denies two child limit for benefits is part of Tory welfare policy
Anachronistic and iniquitous, grammar schools are a blot on the British education system
- 1 Bonuses for goals and top four finish as Luiz Suarez joins Premier League's top three earners
- 2 Sun will 'flip upside down' within weeks, says Nasa
- 3 #Teamnigella: It’s the only side to be on
- 4 Christmas comes early: Justin Bieber is 'retiring from music'
- 5 Burglar steals video tapes of child abuse, hands them into police
- < Previous
- Next >
£22800 - £33600 per annum: Randstad Education Manchester Secondary: Geography ...
Competitive: Nielsen: We are seeking an enthusiastic intern with a passionate ...
£23 - £30 per hour: Morgan Hunt: A fantastic opportunity has arisen within a c...