The 23andMe Collapse Is a Masterclass in Why Founders Shouldn’t Always Get Their Way

When you build a company no one can question, you also build one no one can save.

23andMe founder Anne Wojcicki testifies during a House Oversight Committee hearing. Photo: Getty Images

Anne Wojcicki co-founded 23andMe in 2006, turned spit kits into a cultural moment, and rode that wave to a $6 billion valuation when the company went public in 2021. Four years later, it filed for Chapter 11 bankruptcy. The share price had fallen more than 95 percent from its peak, a 2023 data breach had exposed the genetic data of more than 6 million customers, and the seven independent directors on her board, including YouTube CEO Neal Mohan, had resigned in a........

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