Numerous articles are asking, how did 23andMe get from a $3.5B (SPAC) valuation in 2021, to bankruptcy today?
I noted at the time, this was their strategic business plan and valuation explanation, from their investor deck:
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This isn't the only slide in the deck but it's the last one, then, an appendix. So the "business strategy," one explicitly directed to people planning to invest money, appeared to be "drawing 3 circles." Which seemed comic to me then, and now. Here.
