23AndMe Cofounder Linda Avey, Biotech is what can happen.
Ave was reflected in 23andme and criticized the former CEO Anne Wojcicki – a LinkedIn Post On Wednesday, “” It is time to express my views on the company after witnessing an idea and brand to become the world’s leading digital health platform. “
On Sunday, 23Andme announced 11 bankruptcy protection and Wojcicki’s resignation presented in Chapter 11. The plane worked with Wojcicki and Paul Cusenza to start the Biotech in the Silicon valley, about twenty years ago. The company directs consumer DNA test sets and explores genetic research. Ave has served as co-chair since 2006-2009, and until 2011, the company remained a member of the Board.
The article said that the idea for Avey 23andme has been sparking after the idea of ​​the years of life for years.
“I continued a lights
Avey said that this goal continues until 23rd, and when the company is “short,” he said.
“The company’s time was cut shortly in 2009, co-founder Anne, the company’s staff was convinced. I need to be honest, I was annoyed by the company,” he said. “After my departure, as the board expanded the following financial rounds, the board, the board working with this bucket, which last year did not surprise last year.”
Avey, 23Andme first said, “It was in a unique situation,” he said. “
“The company collected one of the world’s largest genetic information collections and created Anne’s credit. We can only imagine the importance of a database that can provide a deeper gene sequence, obsolete data and exercise understanding,” he said. “Now the market is broken down with deleted data in many different companies.”
Avey, 23Andme said “Consumer-based Product Development” and “lost the path” without “relevant management.”
“Those who deserved to see the 14+ million information included in the concept, passed to a safe platform with new leadership and vision,” he said.
AVE, stressed the importance of a balanced C-Suite, revealed his statement.
“There are many careful fairy tales that are buried in the story of 23AndMe. Otherwise, why are there? Ave, a familiar trope in the Silicon Valley. However, how great an idea is the importance and ability to express the importance of the dynamics of the founding team. “
AVE, Wojcicki and 23Andme representatives did not meet the business insider’s interpretation requirements.
23Andme fought before applying for bankruptcy
23AndMe has been several storms since 2023.
Although privacy concerns have been down for years, criticism, some user information has been violated in October, October. The hackers, who demanded information in the information, including the details and names, sold it on the dark Internet. 23antme, 7 million users said father’s information for 7 million users. After a class action claim, the company accepted a solution of $ 30 million last September.
That month, 23Andme’s independent director of the board has resigned in a letter addressed to Wojcicki, “said it clarifies that we are noticing in a strategic direction to go forward.
23antme announced three new independent board members in October 2024 and added another member this month.
Wojcicki landed in 2024 in a hot seat, a SEC document “will be open to seize a third party,” he said. Consumers expressed their concerns about what could happen to their personal information, and Wojcicki reversed the course.
23And Cracks deepened in November last year, the company has recovered that his work has been reconstructed, and about 40% of employees have completed the further development of its therapeutic program.
Recently, 23Andme said he would continue to work while seeking the buyer.
“After a comprehensive assessment of strategic alternatives, the sales process managed by the court is the best way to increase the cost of the work,” Mark Jensen, the department, “he said. “We expect our efforts to resolve the process controlled by the trial, upcoming operations and financial problems, including subsequent costs and solving legal and management liabilities.”
