Insight
Wojcicki: Healthcare Industry Monetizes Illness Rather Than Prevention
“At the end of the day, healthcare is an amazing business that really effectively monetizes illness, and I used to always say, you know, if I successfully get you to never be diabetic, No one makes money. But if you do become diabetic, there's all kinds of ways…”
Insight
Wojcicki: The Healthcare System Cannot Be Changed from Within
“You can't change the system from within. So we gotta do something more radical from outside.”
Insight
Wojcicki: Medicine is practiced as art, causing conflicting cancer treatment recommendations
“Part of what people don't necessarily always understand is that the practice of medicine is, is an art. Like, you can go, the reason why you can go to five different physicians and get five different ways of you know, treating cancer is because there's the pra…”
Prediction Not checkable as stated
Wojcicki: Universal Healthcare Payment System Will Never Happen in US
“I think the reality is what needs to happen is never going to happen. Which is like you have a universal payment system.”
Insight
Wojcicki: Single-payer systems are structurally incentivized to maintain long-term health
“And I think for a single-payer healthcare system, or like a country they care about actually trying to keep you healthy for as long as possible.”
Insight
Wojcicki: Healthcare patients lack decision power because they aren't the direct payer
“The main thing in healthcare is that you don't actually ever have a voice. Like, you don't, like, you don't actually, because you're not the payer in healthcare, like, you the individual, you don't actually make decisions. It's, you know, your insurance compan…”
Insight
Wojcicki: Science Startups Must Publish Peer-Reviewed Data to Build Credibility
“It's one thing I always advise science companies is you can't speak, like, I can't just tell you, like, oh, we're great. We have great science. Like, no one, like, no one believes that. So what you need to do is you need to publish. Like, you put, like, I neve…”
Assertion Supported
Wojcicki: 1969 JAMA study found 90% of doctors withheld cancer diagnoses
“One of my favorite papers is there's this JAMA paper, the Journal of American Medical Association from 1969, I think, where they asked doctors, would you tell your patients that they have cancer if they had a cancer diagnosis? And over 90% of them said no.”
Assertion Not checkable as stated
Wojcicki: 23andMe Post-Launch Sales Dropped to 15 to 25 Kits Daily
“And we were probably selling 20 to, you know, 15 to 25 kits a day.”
Insight
Wojcicki: Startups dealing with regulators must prove claims with data, not trust
“The onus is on us a little bit to explain how we're doing it, how that works, and the way they speak, just like I mentioned about scientists, is they speak in data. Like, you can't just say, like, oh, no, no, no. Like, trust me. Like, I'm the good guy. Right. …”
Assertion Not checkable as stated
Wojcicki: 23andMe's 2007 Series A OKRs match its 2018 operational goals
“Our Series A documents and our OKRs from 2007 are remarkably similar to what they are today.”
Assertion Partly supported
Wojcicki: 23andMe ran a 70,000-person genetic weight loss study
“So we did our first one on weight loss. So we had 70,000 people doing, you know, a six arm weight loss study. So that's the first time we're doing it in that kind of scale, specifically to see based on your DNA, are there differences in weight loss?”