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Google Invests More Money In 23andme
23andme is a biotech company that was cofounded by Anne Wojcicki. Anne Wojcicki just happens to be married to Google cofounder Sergey Brin. And now, according to an SEC filing, 23andme has become $2.6 million richer thanks to Google.
Google made an initial investment of $3.9 million in 23andme some time ago. Considering that Google's in the business of search and advertising, and that 23andme tests people's spit for diseases (or more accurately, genetic predispositions to disease), this crossover raised a few eyebrows.
As Scott Morrison reports, the situation looked even iffier once people learned that "[t]he funds from Google's first investment in the biotech group were used in part to repay a loan of approximately $2.6 million that Brin had earlier provided to 23andMe."
But anyway, the SEC document makes Wojcicki's and Brin's relationship clear, and points out that Brin put in a lot...
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