Re:23andMe lays off 100 people as DNA test sales decline
by yesplorer on Friday January 24, 2020 @09:49AM
(#22138721)
Simple: they're not venture-backed so no one is expecting billions from them.
23andMe could be a longer-term sustainable business but taking $700m from investors means you must keep growing even if there's no really opportunity for growth.
23andMe could be a longer-term sustainable business but taking $700m from investors means you must keep growing even if there's no really opportunity for growth.