Here’s an odd story. Google just took a $3.9 million stake in a biotech company called 23andMe Inc. The company was co-founded by Anne Wojcicki, who married Google co-founder Sergey Brin earlier this month. Other investors in the round include Genentech, MDV-Mohr Davidow Ventures and New Enterprise Associates. Read more by clicking on link below.
The author asks in the end, 'what's the connection with Google?' Pretty obvious to me. It's just Google being Google. Think of all the data stored in a person's DNA. Granted, we probably can't explain most of it at this point. But at least we've mapped it already thanks to Google and the Human Genome Project so that'll happen sooner or later. and when that happens, think of all the valuable information Google can glean from all that data. And then watch Google 'monetize' that information. In the final analysis, the initial $4M investment will be viewed as a rounding error in Google's ledgers.
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Tuesday, May 22, 2007
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