Shares for shares: Today @Luna_DNA filed with the SEC to pay people for their DNA datahttps://www.bloomberg.com/news/articles/2018-10-05/illumina-backed-startup-asks-sec-to-let-it-pay-people-for-dna …
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The market rate for a person's whole genome is apparently $21https://www.bloomberg.com/news/articles/2018-10-05/illumina-backed-startup-asks-sec-to-let-it-pay-people-for-dna …
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According to Luna's SEC filing, here's how much all of your biological data is worth. $0.14 for 20 days of fit bit data $3.50 for a genome-wide microarray $3.50 for a whole microbiome $21 for a whole genomepic.twitter.com/e1BVwYRbW0
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Replying to @kristenvbrown @Luna_DNA
Kind of makes the point that your individual genetic data is largely worthless to others; all of the value is created when it is pooled in large amounts 𝘢𝘯𝘥 made available for many analyses.
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Or there’s massive information asymmetry and people don’t know what they’re selling.
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Lots of people in the DNA space, and everyone else is offering even *less*.
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