<story><title>23andMe is raising about $200M, led by Sequoia</title><url>https://techcrunch.com/2017/09/05/23andme-is-raising-about-200-million-led-by-sequoia/?ncid=rss&amp;utm_source=tctwreshare&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+Techcrunch+%28TechCrunch%29&amp;sr_share=twitter</url></story><parent_chain><item><author>Spooky23</author><text>Sell it to an insurance company, who in the future may be able to discriminate against you due to your genetic characteristics.&lt;p&gt;Sharing fundamental characteristics of yourself with random cloud service providers is probably one of the dumbest things I can think of.</text></item><item><author>jakelarkin</author><text>If 23andMe is eventually acquired&amp;#x2F;reaped, what is the worst thing the new owner can do with the data?&lt;p&gt;to ensure long-term stewardship of the data, a company that holds genetic info should be a non-profit owned by the DNA providers,  along the lines of a mutual insurance company.</text></item></parent_chain><comment><author>daxorid</author><text>&amp;gt; who in the future may be able to discriminate against you due to your genetic characteristics.&lt;p&gt;Look, I know it&amp;#x27;s fashionable to disavow discrimination in all its forms and for all its reasons, but businesses built on evaluating risk, like insurance companies, NEED to discriminate.&lt;p&gt;It&amp;#x27;s impossible to price and discount risk without access to accurate information.&lt;p&gt;I&amp;#x27;d be FAR FAR more worried about governments misusing my genetic data than insurance companies using it to determine an accurate risk profile.</text></comment>
<story><title>23andMe is raising about $200M, led by Sequoia</title><url>https://techcrunch.com/2017/09/05/23andme-is-raising-about-200-million-led-by-sequoia/?ncid=rss&amp;utm_source=tctwreshare&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+Techcrunch+%28TechCrunch%29&amp;sr_share=twitter</url></story><parent_chain><item><author>Spooky23</author><text>Sell it to an insurance company, who in the future may be able to discriminate against you due to your genetic characteristics.&lt;p&gt;Sharing fundamental characteristics of yourself with random cloud service providers is probably one of the dumbest things I can think of.</text></item><item><author>jakelarkin</author><text>If 23andMe is eventually acquired&amp;#x2F;reaped, what is the worst thing the new owner can do with the data?&lt;p&gt;to ensure long-term stewardship of the data, a company that holds genetic info should be a non-profit owned by the DNA providers,  along the lines of a mutual insurance company.</text></item></parent_chain><comment><author>maxerickson</author><text>If insurance companies are able to take advantage of genetic information, won&amp;#x27;t they just pay people to gather it?&lt;p&gt;Like, for $500 someone could follow you around for several days waiting for the 1 lapse where you leak a little DNA into the public environment.&lt;p&gt;Or you know, they will just discriminate against people that refuse to share their DNA. The narrow wedge where they are forbidden from requiring DNA but free to discriminate based upon it is still a pretty fucked up world.</text></comment>