Google Invests in Genetic Firm

[brotherhood of LAN]

According to a report in the Financial Times, chief executive Eric Schmidt said Google believes personal information will be one of the firm's key avenues of future expansion.

"The algorithms will get better and we will get better at personalisation," he was quoted as saying.

[news.bbc.co.uk...]

[wolfadeus]

Google going biotech? A key-phrase to interpret this move could be this one:

"It was set up by Anne Wojcicki, who married Google co-founder Sergey Brin earlier this month."

[oodlum]

According to a report in the Financial Times, chief executive Eric Schmidt said Google believes personal information will be one of the firm's key avenues of future expansion.

"Achieving this significant funding milestone enables us to move forward with our core mission of connecting people with their genetic information," said 23andMe fellow co-founder Linda Avey.

I'm a confessed Google sceptic but surely these two quotes were reported out of context. The implications of Google cross-referencing our personal and genetic information...

[bnhall]

...is extremely scary

[agorare]

any idea how to make a real good bad, imperesion agaist it?

[walkman]

this is STUPID and definitely looks bad--even if it isn't. He has enough cash to fund his girlfriend's (or wife's) start up without having google involved.

[percentages]

This is a guy (husband) funding his wife's business in hope she has some success.....been there, done that myself!

$4 million is chicken feed.....the mistake he made was to put it through the Google books instead of writing a personal check! Big mistake!

[mcavic]

It might look bad if Google bought the company, but I don't see a problem with them investing a smallish amount in it.