The CEO of 23 and Me is some gal related to Google and her plan is to connect as many people as possible by making DNA information available to whatever entities she feels can use it for whatever. I do not trust 23 and Me one bit.
I do a lot of genealogy work.
“Ancestry is preferred to 23 and Me. Why? Ancestry does not have any plans to do monkey business with anyone’s DNA. They are a genealogical company whose main goal is to connect people to their roots. They are owned by Utah Mormons, who began by measuring their own roots. They have learned a lot in the process, and they have found a business model to make their knowledge available to others.”
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Not so fast...
“In October 2012, Ancestry.com agreed to be acquired by a private equity group consisting of Permira Advisers LLP, members of Ancestry.com’s management team, including CEO Tim Sullivan and CFO Howard Hochhauser, and Spectrum Equity, for $32 per share or around $1.6 billion.[30] At the same time, Ancestry.com purchased a photo digitization and sharing service called 1000Memories.[31]
“On July 16, 2015, Ancestry launched AncestryHealth, and announced the appointment of Cathy A. Petti as its Chief Health Officer.[32]
“In April 2016 GIC Private Limited (a sovereign wealth fund owned by the Government of Singapore) and Silver Lake (a private equity fund manager) bought equity stakes in Ancestry.com.[33] The estimated market value of Ancestry.com in 2017 was more than $3 billion.[34]