If you stayed off social media yesterday and didn’t watch or listen to the news, you may have missed the story that genealogists were talking about.
Genetic testing firm 23andMe said on Sunday that it had filed for bankruptcy protection in the US while it searches for a buyer.
In a statement announcing the bankruptcy, the firm said its CEO, Anne Wojcicki, had resigned effective immediately. She will remain on the company’s board of directors.
The California-based company operates in major markets, including the United States, Canada, UK, and Europe. Since its founding in 2007, 23andMe has sold more than 12 million DNA testing kits.
The company, which went public in 2021, has never made a profit. The stock shot up following the public listing, briefly valuing the company at US$6 billion. Ms. Wojcicki, who owned 49% of the company, became a billionaire.
In September, all seven of the company’s independent directors resigned en masse, citing their frustration with the CEO’s “strategic direction” and efforts to take 23andMe private.
If 23andMe is sold, the new owners of your genetic data will be the one who made the highest bid. If the company is declared bankrupt, then the website, services and servers will likely close down, and all your data will be lost.
What to do with your 23andMe data
So, what can you do if you tested with 23andMe?
You should do the following to protect your data and continue to access your DNA results:
- Download your data
- Screenshot your matches
- Back up your data
- Delete your data if you are concerned with privacy issues.
- Upload your data for free to MyHeritage, FamilyTreeDNA, and/or GEDmatch. (You cannot upload data to Ancestry from 23andMe and other sites.)
There were many news reports yesterday about 23andMe, including Who Do You Think You Are? Magazine’s article, 23andMe files for bankruptcy protection, by Rosemary Collins. It includes a link to a guide on how to download and delete your DNA data.
Claire Bradley yesterday wrote the blog post, Is this the end of 23andMe?, that has useful information about what to do with your DNA data. She wrote that the website has been slow, likely due to the bankruptcy protection news.
Roberta Estes of the DNAeXplained blog has written several posts about how to download and upload DNA data from one site to another, including DNA File Upload-Download and Transfer Instructions to and from DNA Testing Companies, which she published in 2019.
Back in 2020, the writing was on the wall for 23andMe, and Ms. Estes wrote this blog post: 23andMe Changes – Download Matches Now or Lose Many.
In the end, it’s your decision whether or not you want to keep your DNA data on 23andMe or delete it. Some are concerned about how a future buyer would use the data. Some are not concerned.
No matter what the future holds for 23andMe, I recommend you download your DNA data from their website for safekeeping as soon as possible.
Like this:
Like Loading...