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Anne Wojcicki : How to Build the Future

From Y Combinator · Published Jul 22, 2018 · Watch on YouTube

TL;DR

Anne Wojcicki founded 23andMe after seeing that healthcare monetizes illness rather than keeping people healthy. She decided to bypass the traditional system by selling genetic tests directly to consumers, empowering individuals with their own data.

Key insights

  • The healthcare system effectively monetizes illness: if you become diabetic, companies profit; if you stay healthy, no one makes money.
  • Individuals lack power in healthcare because they are not the payer; insurance companies, doctors, and pharmacy benefit managers make decisions for them.
  • Direct-to-consumer genetic testing was initially seen as irresponsible by the medical establishment, similar to the historical reception of home pregnancy tests.

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