Today one of the headlines from MSNBC puts this little startup named "23andme.com" into the public eye. The news pundits claim that this little company is actually a "biotech," but I disagree. The apparent business plan for this company is to provide novel and helpful technologies for you, their customer, to understand your personal genome. That's fun, just like in the blockbuster movie "Gattaca," you can share your genomic inequities with your future girlfriend or boyfriend. Although, once they find out that you have a genetic marker for a debilitating disease, they will likely not choose you as a mate. Thus begins the Age of Eugenics.
This company, 23andme, caught my attention because it received $4,000,000 (million) US dollars from our most favorite public company, Google. Apparently this $4M is just pocket change for Google, otherwise why would it fritter it away on such a bad business plan?
What you may not know is that the co-founder of "23andme" is none other than the wife of Sergei, the co-founder of Google. Hey wait. Why would the behemoth Google need to give Sergei's wife $4M to fund a high risk venture when Sergei is worth hundreds of millions himself. Isn't this just pocket change for Sergei? Is there something amiss with Sergei's personal finances that Google shareholders need to know?
Hipocrisy. This is the word that comes to mind when I think of this transaction between "23andme" and Google. Why? Well, you have the former chairman of the WorldBank, Paul Wolfowitz, who recently stepped down because his girlfriend received a pay raise and promotion after he took the chairman post. What you didn't know was that his "girlfriend" had already been marked for promotion BEFORE Mr. Wolfowitz took his post. Did Paul give his girlfriend $4 MILLION DOLLARS to squander away on some movie-inspired business plan? No, he didn't even give his girlfriend a promotion with a big raise. That was already approved by the board before Paul took office. He simply was the victim of bad press pushed by the European agenda to replace Mr. Wolfowitz with a European-sympathetic lap-dog.
When Google went public, they spent a fortune on a 747 as their company jet. It's lavish and cool with the nifty Google logo on it. Why is this necessary for a company that is solely an INTERNET BASED advertising business. Are they going to entertain big ad clients who don't know how to signup for AdWords over the web?
It wasn't enough that Google bought a 747 as a company jet after it went public. Now it's giving pocket spending money to its executive's wives so that they can experiment with premature business plans. This is inappropriate and reckless money management by a public company.
This company, 23andme, caught my attention because it received $4,000,000 (million) US dollars from our most favorite public company, Google. Apparently this $4M is just pocket change for Google, otherwise why would it fritter it away on such a bad business plan?
What you may not know is that the co-founder of "23andme" is none other than the wife of Sergei, the co-founder of Google. Hey wait. Why would the behemoth Google need to give Sergei's wife $4M to fund a high risk venture when Sergei is worth hundreds of millions himself. Isn't this just pocket change for Sergei? Is there something amiss with Sergei's personal finances that Google shareholders need to know?
Hipocrisy. This is the word that comes to mind when I think of this transaction between "23andme" and Google. Why? Well, you have the former chairman of the WorldBank, Paul Wolfowitz, who recently stepped down because his girlfriend received a pay raise and promotion after he took the chairman post. What you didn't know was that his "girlfriend" had already been marked for promotion BEFORE Mr. Wolfowitz took his post. Did Paul give his girlfriend $4 MILLION DOLLARS to squander away on some movie-inspired business plan? No, he didn't even give his girlfriend a promotion with a big raise. That was already approved by the board before Paul took office. He simply was the victim of bad press pushed by the European agenda to replace Mr. Wolfowitz with a European-sympathetic lap-dog.
When Google went public, they spent a fortune on a 747 as their company jet. It's lavish and cool with the nifty Google logo on it. Why is this necessary for a company that is solely an INTERNET BASED advertising business. Are they going to entertain big ad clients who don't know how to signup for AdWords over the web?
It wasn't enough that Google bought a 747 as a company jet after it went public. Now it's giving pocket spending money to its executive's wives so that they can experiment with premature business plans. This is inappropriate and reckless money management by a public company.