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Anne Wojcicki on starting from frustration: interview summary
![Anne Wojcicki: Driving Discovery and Disruption [Entire Talk]](https://i.ytimg.com/vi/59cPbUdIfZ0/hqdefault.jpg)
Anne Wojcicki: Driving Discovery and Disruption [Entire Talk]
- Wojcicki spent about 10 years investing on Wall Street.
- 23andMe came out of her frustration with the system.
- The company got a widely read FDA warning letter.
- She says she's proud it showed they were doing something different.
- She studied biology before Wall Street.
How did Anne Wojcicki come to start 23andMe?
She spent about 10 years on Wall Street investing in health care companies, despite not knowing what Wall Street was at first. She grew frustrated that the system didn't reflect her or put people first, and 23andMe came out of that frustration.
Actionable
- Write down what frustrates you most in your industry.
- Ask whether your product puts the customer first.
- When regulators push back, treat it as a sign to engage.
- Use your outsider view as a strength.
Lessons
- Frustration can found companies.
- Outsiders see gaps.
- Regulation comes with disruption.
- Pride can follow hard moments.
Quick answer
Anne Wojcicki sat down with Stanford eCorner for this interview, published Nov 29, 2017. Here's our summary in our own words: a verdict, the answer to the big question, 5 takeaways, Actionable and Lessons tabs, then the stories, frameworks and how to use them.
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Watch on YouTube: Anne Wojcicki: Driving Discovery and Disruption [Entire Talk]
Channel: Stanford eCorner. Published Nov 29, 2017. About 56 minutes.
Who is Anne Wojcicki?
Anne Wojcicki co-founded 23andMe.
This is a Stanford eCorner talk.
Key stories from the interview
- She explains how she ended up on Wall Street.
- She talks about her frustration with the system.
- She discusses the FDA letter.
- She takes student questions.
Frameworks and ideas
- Start from frustration.
- Outsider view.
- Engage regulators.
- Direct to consumer.
In their words (paraphrased)
- Life is very random and and I ended up on Wall Street.
- 23 me came out of this frustration.
- That was a sign that we're like doing something really different.
How to apply this
- List three frustrations at work.
- Pick one and sketch a fix.
- Write how you'd respond to a regulator's concern.
A note on this summary
This page reports what was said in the interview, in our own words. Lines under 'In their words' are paraphrased from the transcript, so check the video for exact wording.
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This page is one sample of what 125x does for every video in your feed. 125x pulls in your YouTube subscriptions automatically, so there's nothing to set up. Each new video gets a watch, skim or skip verdict, 5 takeaways, the answer to the clickbait title, and Actionable and Lessons tabs.
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FAQ: questions people ask
How did 23andMe start?
Out of Wojcicki's frustration after about 10 years investing on Wall Street.
How does Wojcicki see the FDA warning letter?
As a sign they were doing something really different.
Is the Anne Wojcicki Stanford talk worth watching?
Some value given. Good origin story.
Related guides
- Billionaire and Founder Interview Summaries
- Entrepreneur Biography Summaries: Founder Lessons
- YouTube Video Summaries by Topic and Format
- Every 125x guide
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