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Nepotism 2.0!
By Mark Evans | May 23, 2007
If you’re a Google shareholder, how do you feel about the fact the company has invested $3.9-million in a bio-tech start-up? I suspect you’re probably scratching your head a little wondering about the connection between a search engine and bio-tech, although you could make a pretty good argument there is probably a connection between search engine algorithms and doing bio-tech research. Then, you might be a little more puzzled when you find out that the start-up, 23andMe, was co-founded by Sergey Brin’s wife last year. Given Bryn is worth $14-billion, you think he’d really want to keep church and state separated by making the investment himself. I know that I would…but, then again, I don’t have $14-billion! Is this another example of new billionaire hubris following the whole private plane debacle last year, or yet another savvy start-up investment by Google? By the way, does anyone find it deliciously ironic that 23andMe’s slogan is “Genetics is About to Get Personal”?
Topics: Google |