DNA testing company 23andMe is laying off about 100 people, which is about 14% of its staff, mostly from its operations team as its business slows, CNBC reported. CEO Anne Wojcicki, told CNBC that she didn’t have a full explanation for the slowdown, but speculated that customers may be worried their DNA data could get caught up in a data breach and that the cost could also be a factor for some...
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The Relationship Model Is Killing Venture Capital
The social and racial homogeneity of the venture capital industry has long been a source of frustration for entrepreneurs and investors alike. In recent years, this frustration has boiled over into a full-fledged movement, with a growing chorus of voices arguing that venture capitalists are destroying value by overlooking founders from swaths of the population including women, people of color...
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