
How 23andMe Went From 6B Valuation to Penny Stock WSJ What Went Wrong
3 Video Views·Feb 10, 2026
The DNA testing company 23AndMe and its founder Anne Wojcicki aimed to revolutionize healthcare, bringing genetic testing to the home with just a drop of saliva. However, challenges with the business model and persistent concerns about consumer data privacy caused the once $6 billion valuation to plummet to near $0, leading to threats of delisting from the Nasdaq.
The WSJ explains what happened to Wojcicki's biotechnology business.
Chapters:
0:00 At-Home DNA Testing
0:49 The Rise of 23andMe
2:18 The Turning Point
4:03 The Fall of 23andMe
5:23 What Happens Next?
What Went Wrong explores the challenging conditions and decisions that led to a company's downfall.
Timestamps
