23andMe to Merge with Virgin Group’s VG Acquisition Corp
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Re: 23andMe to Merge with Virgin Group’s VG Acquisition Corp
#2I wonder what this will mean for 23andMe customers in terms of accessing their data and data updates.
Re: 23andMe to Merge with Virgin Group’s VG Acquisition Corp
#3I wonder what this will mean for 23andMe customers in terms of accessing their data and data updates.
Probably nothing immediately:
> Current shareholders of 23andMe will own 81% of the combined company
However, as a public company, whatever data policies are in place would be subject to change to the ever-shifting shareholders, so in the long-run who knows.
Re: 23andMe to Merge with Virgin Group’s VG Acquisition Corp
#4I wonder what this will mean for 23andMe customers in terms of accessing their data and data updates.
Importantly, while 23andme won’t sell customer data, it’s not considered selling if they’re sharing it with other parts of the same conglomerate they’re now part of.
Re: 23andMe to Merge with Virgin Group’s VG Acquisition Corp
#5VGAC shareholders will only get 11 Percent of the combined company: https://vgacquisition.com/wp-content/uploads/2021/02/23andMe... - so the current VGAC market cap with 876.30 Mn is way higher than the $3.5 billion valuation.