23andMe files for bankruptcy, fans joke - "DNA information now being sold to highest bidder"

23Andme - Source: Getty
23andMe has filed for bankruptcy - Source: Getty

23andMe, the biotechnology company has filed for bankruptcy recently. Yes, the gene-testing company that once promised to unearth the secrets of our ancestry has unraveled in quite the spectacular fashion. The company is now fighting through its own existential crisis and is planning to sell itself to a new owner.


Memes erupt as 23andMe hits rock bottom and files for bankruptcy

23andMe was once the unicorn of the biotech ball, with its sleek marketing and catchy slogans. The company's fall from grace has sparked debates on social media about how this seismic event has come to pass and an investigation has been launched to determine how this could have happened.

The fall of the gene-testing giant was as precipitous as its rise. As soon as the bankruptcy announcement hit, fans flocked to social media to express their views. It was as close to a meltdown as you can get, with each fan coming up with conspiracy theories of their own:

"Imagine if they do go through bankruptcy. DNA information now being sold to highest bidder," wondered one fan (via X / @OneCultura)
"Probably going to sell your genetical data to solve debt," joked another (via X / @Pastakocken)
"Probably because the Overlords have harvested enough genetic data for their next global catastrophe," quipped another user (via X / @UnlikelyConetent)

The internet is ablaze with theories, memes, and conspiracy theories right now that highlight the absurdity of the situation. These theories veer from the witty and hilarious to the downright ridiculous and terrifying as users were left hoping that their genetic data would go into responsible hands. Until then, we’ll keep crossing our fingers, praying that our embarrassing genetic quirks stay safely under wraps.

As some users collectively lost their minds on social media, others did not let the opportunity to roast pass them by, as they came up with new monikers for the company:

"23andMe? more like $0 and broke," joked one user (via X / @debayo_xx)
"Looks like 23andMe's genes couldn't test their way out of bankruptcy—guess their DNA stood for "Do Not Acquire"!" mocked another (via X / @EyeSayMeme)

Amidst the chaos and absurdity, another user (@Dad2Earthlings) hilariously postulated that we might be witnessing the origin story of a supervillain:

"I wonder what shady organization is going to purchase all those DNA samples. We might be witnessing an origin story of a super villain."

Wouldn't that be the worst possible scenario? Can you imagine the gene-testing giant, armed with all our DNA information, being resurrected as the all-new '24andYou' and causing havoc on the rest of humanity? We are shivering at the prospect even as we type this scenario!


Amidst the financial catastrophe that has befallen 23andMe, fans have turned their anxiety into laughter, turning our timelines into a riot as they refuse to take any situation too seriously. And the internet is all the better for it! Even as 23andMe awaits the verdict of its claim amid a murky future, let's spare a thought for those of us who had based their entire personality on being 0.2% of foreign ancestry!

Read More: Who is the CEO of 23andMe? All about the DNA testing firm as it files for bankruptcy protection

Edited by Sezal Srivastava
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