The news is out: [Silicon Valley DNA testing company 23andMe, which has raised nearly $800 million in funding and was last valued at $2.5 billion, cut 14% of its workforce last week.
The cause is a slowdown in sales of its direct-to-consumer DNA kits, which run $100, $200, or $500 depending on how much information you want about your ancestry, genetic composition, health and wellness, carrier status, and vulnerability to certain diseases.
It isn’t just 23andMe. DNA tests went boom in 2018, with the number of consumers who had bought one doubling to 26 million; now sales have gone bust.]
Countless of idiots paid to have their DNA included in the criminal record files.