https://twitter.com/tracikowal/status/1340426607496978444
Blackstone bought Ancestry
>Blackstone bought Ancestry
https://thehustle.co/08072020-ancestry-blackstone/
==A private-equity firm bought Ancestry.com for $4.7B. Here’s what they might do with it.
Our insiders say Ancestry’s trove of DNA data is a huge moat.==
By: Nick DeSantis | @njdesantis
August 7, 2020
The Blackstone Group is acquiring a 75% stake in Ancestry.com for $4.7B.
It’s a major move at a tricky moment
Two DNA-testing kingpins, Ancestry and 23andMe, laid off workers
this year when consumer demand sagged. They kinda have the D2C mattress problem — a customer might buy one kit, but who needs two?
So we put the puzzle to our Trends community: Why is Blackstone going big on a DNA testing company?
Amanda Black, owner of The Solo Female Traveler Network, was unnerved: Just before hearing the news, she got a kit, used it, and returned it in the mail. “I thought it was weird how many times I was asked if they could keep my info and also told me they were going to be using my results,” she said. “This is interesting and uncomfortable.”
Here’s what others told us
Jon Khaykin from IPOs.fyi says the DNA/health data is a “huge moat” for Ancestry. By licensing it to a biopharma giant, “These companies could use the health information to research diseases as well as find and recruit research subjects.”
Chi Odogwu, co-founder, Odogwu Digital Media, says screening for predisposition to diseases could work like a Minority Report for healthcare. Another opportunity: “Marketing for customized fitness and health plans via subscription newsletters.”
>DNA/health data is a “huge moat” for Ancestry. By licensing it to a biopharma giant, “These companies could use the health information to research diseases as well as find and recruit research subjects.”
CNN BREAKING NEWS
TRUMP CAMPAIGN TOLD TO PRESERVE DOCUMENTS RELATED TO SIDNEY POWELL, DOMINION VOTING SYSTEMS
SURE…LIKE EVERYONE ELSE IS DOING WHAT THEY ARE SUPPOSE TO….hILLARY MARICOPA COUNTY
>CRAZY Dr. Fauci Tells Children He Flew to the North Pole and Vaccinated Santa Clause
IF POTUS says China is behind the 'russian' hack…then it's CHINA…
right after Trump blames China….the martial law rumors INTENSIFY.
LET THE FUN BEGIN!
>Ray is married to a Vanderbilt/Whitney family member
>He's buddies with B. Gates & W. Buffet
>His co- CEO for Bridgewater is David McCormick, GWB's under secretary of Treasury for International Affairs & also works for the Aspen Institute
>The Aspen Institute is run by Daniel R Porterfield who was the former speech writer for the Clinton admin's Donna Shalala.
>Same players, same connections to the same Derp State families.
NOTABLE DIG ON DALIO
>In January 2015, Blackstone Real Estate Partners VI announced it would sell a Gold Fields House in Sydney to Dalian Wanda Group for A$415 million.[107]
Wanda Group, or the Dalian Wanda Group, is a Chinese multinational conglomerate founded in Dalian, Liaonin
>>In January 2015, Blackstone Real Estate Partners VI announced it would sell a Gold Fields House in Sydney to Dalian Wanda Group for A$415 million.[107]
>Wanda Group, or the Dalian Wanda Group, is a Chinese multinational conglomerate founded in Dalian, Liaonin
BLACKWATER is a passthrough company for CHINA
A money launderer for CHYNA DEEP STATE