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23andMe co-founder lashes out at CEO Wojcicki after bankruptcy filing, says board lacked oversight - TL;DR CNBC

23andMe co-founder lashes out at CEO Wojcicki after bankruptcy filing, says board lacked oversight

Publishing timestamp: 2025-03-26 21:24:09


Summary

23andMe co-founder criticizes CEO after bankruptcy filing, expressing frustration about company's direction and missed opportunities. Company's value has plummeted, with plans to solicit bids if Chapter 11 plan is approved. CEO still plans to pursue company independently.


Sentiment: MIXED

Tickers: ME

Keywords: venture capitalmediatechnology23andme holding co.breaking news: businessinternetbusiness newshealth care industryenterprisebreaking news: technology

Source: https://www.cnbc.com/2025/03/26/23andme-co-founder-lashes-out-at-ceo-wojcicki-after-bankruptcy-filing.html


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