❓Are genetic testing startups a goldmine or gamble?
The genetic testing industry has seen both triumphs and setbacks. 23andMe, once a high-flyer, faces layoffs and declining market value. Yet others, like prenatal-focused Natera, thrive with multibillion-dollar valuations. Startups like BillionToOne and Genome Medical are raising hefty funds, while niches like pet DNA testing lose steam.
Despite past bubbles, the $10B genetic testing market is predicted to double by 2033, hinting at massive growth opportunities, but not without risks.
❓Are genetic testing startups a goldmine or gamble?
The genetic testing industry has seen both triumphs and setbacks. 23andMe, once a high-flyer, faces layoffs and declining market value. Yet others, like prenatal-focused Natera, thrive with multibillion-dollar valuations. Startups like BillionToOne and Genome Medical are raising hefty funds, while niches like pet DNA testing lose steam.
Despite past bubbles, the $10B genetic testing market is predicted to double by 2033, hinting at massive growth opportunities, but not without risks.
Multiple pro-Kremlin media figures circulated the post's false claims, including prominent Russian journalist Vladimir Soloviev and the state-controlled Russian outlet RT, according to the DFR Lab's report. The channel appears to be part of the broader information war that has developed following Russia's invasion of Ukraine. The Kremlin has paid Russian TikTok influencers to push propaganda, according to a Vice News investigation, while ProPublica found that fake Russian fact check videos had been viewed over a million times on Telegram. On February 27th, Durov posted that Channels were becoming a source of unverified information and that the company lacks the ability to check on their veracity. He urged users to be mistrustful of the things shared on Channels, and initially threatened to block the feature in the countries involved for the length of the war, saying that he didn’t want Telegram to be used to aggravate conflict or incite ethnic hatred. He did, however, walk back this plan when it became clear that they had also become a vital communications tool for Ukrainian officials and citizens to help coordinate their resistance and evacuations. NEWS In the past, it was noticed that through bulk SMSes, investors were induced to invest in or purchase the stocks of certain listed companies.
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