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Full-Time

Corporate Counsel

Posted on 7/24/2024

23andMe

23andMe

501-1,000 employees

Direct-to-consumer DNA testing services

Consulting
Hardware
Biotechnology
Healthcare

Compensation Overview

$154k - $230kAnnually

Mid, Senior

Sunnyvale, CA, USA

Category
Legal
Legal & Compliance
Required Skills
Mergers & Acquisitions (M&A)
Requirements
  • JD with excellent academic credentials and a member of a U.S. state bar, preferably the State Bar of California
  • Minimum of 4 years of relevant experience in a national law firm or in-house
  • Strong corporate generalist skillset with expertise in securities law, governance, equity compensation, and M&A
  • Experience in biotechnology or healthcare preferred
  • Exceptional attention to detail
  • Self-starter with the ability to get things done autonomously or collaboratively
  • Excellent organizational and planning skills, able to and thrives in handling multiple projects simultaneously
  • Effectively develops and delivers presentations and can influence others
  • Demonstrated analytical skills as well as the ability to take disparate information and make strategic recommendations quickly
  • Excellent interpersonal skills, including relationship building and collaboration within a diverse, cross-functional team; willingly assists colleagues to maintain balanced workloads
  • Excellent verbal and written communicator; delivers concise and clear advice
  • Comfortable with ambiguity and working in a fast-paced, ever-changing environment
  • Ability to work 3 days onsite (Tuesday-Thursday) in Sunnyvale, CA
Responsibilities
  • General corporate and transactional work supporting the business initiatives of the company
  • Support compliance with obligations under federal securities laws, NASDAQ rules and regulations, Sarbanes-Oxley requirements, and other corporate governance rules and regulations
  • Support corporate development activities, including strategic collaboration and mergers and acquisitions
  • Advise on equity matters, including equity plan and compensation issues
  • Support board of directors corporate governance, planning, and activities
  • Maintain subsidiaries, corporate books, and records
  • Support maintaining and strengthening the company's disclosure controls and procedures and internal control over financial reporting
  • Partner across the legal team, and company, on special projects. Continuously improve processes and best practices; create and maintain templates, playbooks, policies
  • Provide practical, business-oriented legal advice to stakeholders across the company
  • Effectively manage outside counsel as needed

23andMe offers direct-to-consumer DNA testing that provides individuals with insights into their ancestry, genetic traits, and potential health risks. Customers purchase a DNA testing kit, send in a saliva sample, and receive personalized genetic reports based on the analysis of their DNA. This service appeals to a wide range of people, from those curious about their family history to those wanting to understand their genetic health predispositions. Unlike many competitors, 23andMe not only sells DNA kits but also offers subscription services for ongoing updates and insights, creating a recurring revenue model. Additionally, the company utilizes its large genetic database for research, partnering with institutions and pharmaceutical companies to advance genetic studies and potentially discover new treatments. The goal of 23andMe is to empower individuals with knowledge about their genetics while contributing to broader scientific research.

Company Stage

IPO

Total Funding

$1.2B

Headquarters

Sunnyvale, California

Founded

2006

Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-5%
Simplify Jobs

Simplify's Take

What believers are saying

  • The launch of new features like the Biological Age and Bipolar Disorder reports demonstrates 23andMe's commitment to expanding its health insights offerings.
  • Partnerships with companies like Nightingale Health and Innate Pharma highlight 23andMe's role in advancing personalized medicine and cancer treatment.
  • The company's large-scale studies, such as the LRRK2 variant research, position it as a leader in genetic research and contribute to significant scientific discoveries.

What critics are saying

  • Security breaches, like the one affecting 7 million users, pose significant risks to customer trust and data integrity.
  • The potential move to go private again could create uncertainty and instability for employees and investors.

What makes 23andMe unique

  • 23andMe's direct-to-consumer model democratizes access to genetic insights, unlike traditional genetic testing services that require medical intermediaries.
  • The company's extensive genetic database, leveraged for research partnerships, provides a unique revenue stream and accelerates genetic research.
  • 23andMe's integration of genetic and blood biomarker data through partnerships like Nightingale Health offers a more comprehensive health assessment than competitors.

Benefits

Comprehensive health, vision, & dental plans

Family planning, support, & leave for parents

Mental healthcare

Student loan assistance

Volunteer time off

Dog friendly office

INACTIVE