23andMe independent board resigns in feud over CEO Anne Wojcicki’s plan to take company private
All seven of 23andMe’s independent board members resigned in a stinging rebuke to a proposal by CEO Anne Wojcicki’s plans to to take the company private. Wojcicki, who has been trying to take the company private since April, proposed to acquire all outstanding shares of 23andMe not owned by her or her affiliates for $0.40 per share, in July.
Board memebers quit as founder Anne Wojcicki works to come up with an acceptable financial offer to purchase its remaining ...
Business Insider on MSN1d
Read the memo 23andMe's cofounder sent to staff after the entire board quitMe's entire board of directors resigned over cofounder and CEO Anne Wojcicki's ongoing plan to take it private.
1don MSN
The history of the DNA-testing startup reads like a checklist of Silicon Valley clichés: founder squabbles, gobs of cash, a ...
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