The beginning of a strong partnership with the
@socialcapital
team exchanging big
#ideas
and strategic plans for growth. With
@chamath
backing
@PerimeterMed
, our shared mission of improving lives through transformational
#technology
will accelerate.
.
@chamath
with
@camanpour
: “We need to go after cancer, diabetes, climate change — the substantive problems of the world that, if solved, will create immense wealth and opportunity, that will cascade across countries."
Imagine a world where the cultivation & operation of critical resources were pointed towards creating an even starting line for everyone.
Many players have missed this opportunity. But what if tech & companies got this right? Capitalism as a force for good
@chamath
@theallinpod
.
@chamath
on
@Marketplace
: "At the end of the day, the unit of value is the entrepreneur. And what's beautiful about these people as a class is they are increasingly open minded, increasingly diverse, increasingly open to change."
“Our job is to get the most capable people to the starting line.”
@business
looks at the origins and ambitions of Capital-as-a-Service, our effort to democratize global access to capital through software-driven quant diligence:
The US healthcare system is sick.
#HealthEquity
is about everyone being able to achieve their full health potential, regardless of race, gender, age, or income.
@CloverHealth
is rethinking how Medicare serves (or fails to serve) their most vulnerable members.👇
Today, we published a white paper outlining how we are working to make affordable, data-driven, and high-quality
#healthcare
accessible to all
#Medicare
beneficiaries, regardless of their race, gender, or income.
Thanks to
@FastCompany
for capturing what we’re up to at Social Capital — from incubating startups solving hard problems to automating global investing to creating an alternative path to becoming public. Lots of hard work and exciting things ahead!
.
@chamath
: "Our mission is to advance humanity by solving the world's hardest problems. This isn't altruism—we believe these companies can become enduring and wildly profitable businesses, but they're consistently overlooked by most investors."
Ambitious sustainability, financial, and resourcing goals need a software solution.
Meet
@Copperleafgroup
— intelligent software managing resources and infrastructure the world relies on.
We’re excited to participate in their IPO on the TSX.
Our newest partner,
@kbakes
, writes about how a (failed) battle with a duplicate medical bill added new fuel to her passion for working -- and now investing -- in healthcare.
Welcome to the team, Kristin!
This is a captivating profile of
@Saildrone
's quest to build and deploy a fleet of 1000 autonomous sailing drones to continuously collect high resolution planetary data.
Capital-as-a-Service is our low-touch fundraising process that allows entrepreneurs anywhere in the world to apply for funding through software-driven quant diligence. If you’re currently fundraising and want access to our private beta, let us know here!
It’s official! $SOFI is now listed on
@Nasdaq
—it’s one of our biggest financial accomplishments to date, made possible by our 2+ million members. Thanks to all of you who save, spend, earn, borrow, and invest—all with SoFi.
#GetYourMoneyRight
#SoFiListed
It’s official—the
@FederalReserve
and the
@USOCC
have approved our
#bankcharter
! 🏦🎉
You read that right, we’re becoming a bank! In the coming weeks, we have a lot of exciting updates to continue helping more people get their money right.
Read more:
“I just don’t believe in gut.”
@chamath
talks with
@TIME
about our efforts to democratize access to capital for entrepreneurs all over the world via Capital-as-a-Service:
We're thrilled to invest in
@SFOX
as the team builds the premier institutional crypto asset management platform. More than $9 billion in transaction volume to date!
Today we’re announcing our collaboration with 100 Resilient Cities (
@100ResCities
) to address one of the world’s most important issues: the sustainability of our cities.
We’re thrilled to be an investor in
@CryptoMove
. One of the hardest global problems for individuals & businesses alike is security. This team is helping companies protect data through moving target defense in decentralized infrastructure. Post by
@adamn
:
Software brought production up and prices down in industries like retail, but might have the exact opposite effect in industries with a “volume problem,” like healthcare. Latest essay from
@Alex_Danco
in our series on Cost Disease.
.
@chamath
, when asked how Social Capital will address big goals like peace & prosperity: “Honest answer? We don’t have a clue. We can get navel-gazing for days and weeks and years and decades. Or we can take a first step, as embarrassing as that may seem.”
1/ People misunderstand space and its implications. Since the Apollo project, focusing on space has allowed engineers and scientists to push the boundaries of the possible.
"Utilities aren’t permanent, but they take a long time to grow obsolete. As the world moves faster, being a utility buys you time between now and the next big shift. That’s time you can reinvest forward."
Latest post from
@arjunsethi
:
We're thrilled to partner with
@HubHaus
, the marketplace for shared, long-term housing. This team has built a really special community of 400 members across 70 properties in the Bay Area and Los Angeles, with more cities coming soon.
E aí, Brasil? Temos o prazer de anunciar que nosso produto de Capital-as-a-Service já está aberto para todas as startups brasileiras!
(Capital-as-a-Service is publicly available in our first market: Brazil!)
ICYMI: Capital-as-a-Service (CaaS) is out of private beta and we are LIVE in Brazil! 🇧🇷
We can't wait to make our software-driven fundraising process publicly available in more countries. In the meantime, entrepreneurs everywhere can join the waitlist:
.
@chamath
weighs in on Amazon CEO Jeff Bezos' annual shareholder letter:
"His letters are a strict reminder to stick to the basics and that you need to keep things simple, but long-term."
"There was never a shortage of compelling ideas & driven entrepreneurs. There was just an uneven distribution of resources & capital. Now that the barriers to resources have fallen, it’s time for capital to follow suit."
@StanfordAsh
on CaaS, one year in:
We’re thrilled to be an investor in UrbanFootprint (
@UFPlatform
) as they help build the sustainable cities of tomorrow. In the words of co-founder Peter Calthorpe, “Getting cities right is really at the crux of the well-being of mankind.”
We're thrilled we can finally share the vision and progress of
@SwarmInternet
, a company that has created the world's smallest two-way communication satellites with the goal of reshaping global connectivity.
Through our partnership with 100 Resilient Cities, we're excited to invest in and incubate startups solving hard problems for cities, and then work with innovative mayors to thoughtfully bring these services to market. …
@100ResCities
@RockefellerFdn
Electrification is fundamental to a sustainable energy future – and impossible without a durable, resilient, and scalable battery supply chain 🔋
Excited to back Mitra Chem as they rethink battery production and build this important asset here in the U.S.
"Insurance companies are giving those less able to afford car insurance a raw deal by bracketing poverty with irresponsibility."
Great post by the
@cover
team on why using credit scores to determine car insurance is discriminatory:
We love companies that have iterative and learning mindsets -
@sara_spangelo
and the team
@SwarmInternet
set the standard. Their new product release, Eval Kits, help turn anything into an IoT device as the world becomes more connected.
Ownership is a key component of the creator economy.
@holaplex
which makes this possible in Web3. We are excited to back this all-in-one, no-code NFT platform that empowers artists, musicians, and creators to develop, sell, and share their work.
Today we announced our fundraise which will further enhance the support we can provide to you, the creator, & this awesome community. We wouldn’t be here if it wasn’t for you. As a token of our appreciation we are air dropping an NFT to all of our early adopters.
Read more ⬇️⬇️
.
@arjunsethi
on our investment in
@theniyo
: "We believe that India is on the brink of unprecedented consumer consumption, and that movement begins with infrastructure that manages people’s earnings in a reliable and modern way.”
Without human intervention to reforest, we will continue to lose millions of acres of forests and experience worsening effects of climate change every year.
@DroneSeed
is thinking and betting big on a scaled solution.
Me,
@alexisohanian
,
@Benioff
and
@tobi
just led a $36M Series A in
@DroneSeed
to transform how we reforest after wildfires.
In 2021 alone, more land has burned in the US than the entire state of New Jersey. 😟
19th century railroads had a lot in common with tech platforms: "just like starting an internet business became much easier with AWS and open-source software, founding a town on the western frontier became much easier with Union Pacific." Latest Snippets:
"The hope is that the half-million drone-planted seedlings will help the scorched forest rebound more quickly than it could on its own."
@DroneSeed
doing work in British Columbia🌱
After over two years of all-consuming research and development, I'm excited to finally publicly reveal what I've been working on.
It's called DeSo, short for "decentralized social," and I believe it can fundamentally change social media for the better.
🔗 Seamless and secure cross-chain liquidity is key to the future of Web3.
That's why we’re excited to back
@SwimProtocol
to offer a reliable option for anyone who holds assets across multiple ecosystems.
We're thrilled with
@mPharmaHealth
's progress and impact: operations in Ghana, Nigeria, Zambia, and Zimbabwe; more than 20,000 patients served each month; drug costs lowered up to 30%. Onward!
Digital machines generally beat cells for information processing jobs that demand precision and efficiency. But for jobs that require redundancy, adaptability and resilience in the face of the unknown? Living systems ftw.
Latest Snippets by
@Alex_Danco
:
Congrats to
@punitsoni
and the Suki team on the Series A! Their AI-enabled voice assistant will enable doctors to spend less time on medical notes and more time with patients.
.
@newmike
on our
@HubHaus
investment: "The magic of the two sided network effect is that every new resident makes HubHaus more valuable to owners & every new house/owner makes HubHaus more valuable to residents as they take new jobs or move to new cities."
1/ Last year, we launched
@SocialCapital
Emerging Managers, a program designed for investment professionals looking to accelerate their careers without the typical years of waiting it takes to be allocated your own portfolio at traditional funds.
Our own
@arjunsethi
talks about his highs and lows as a CEO, learning about ecosystems through seed investing, and the importance of giving candid feedback to founders by “sharing your work" (even when you don’t invest).
@TWistartups
Congrats to the
@CommonBond
team on the new financing! The student loan crisis is one of this country's most important problems: more than 44 million Americans have $1.48 trillion in student loan debt.