TECH CRUNCH - Oct 29 - Personal genomics startup 23andMe has just gone
through a round of layoffs. The company declined to comment on how many
people were laid off, but offered this statement: "These cuts, which
are a reflection of the current economic environment all companies are
facing, will allow us to continue to invest in the growth of our
Personal Genome Service and research endeavors." 23andMe was founded by
Linda Avey and Anne Wojcicki back in 2006. Investors include biotech
powerhouse Genentech, as well as New Enterprise Associates. The company
also has close ties to Google — Sergey Brin (who is Wojciki’s husband)
has loaned 23andMe $10M, and Google also has a stake in the company. FULL ARTICLE @ TECH CRUNCH