6 Education
3 "Frontier"
13 Healthcare
That seems like a pretty healthy mix. By only providing select points of the complete picture, aren't you contributing to the problem he's describing?
> That seems like a pretty healthy mix.
Yes, these guys are very good investors, no doubt. As a fellow capitalist I too would have made the same bets. But that has nothing to do with my point - which is the vision of the fund is inconsistent with what I would consider the vision of the majority of the companies that are invested in.
> aren't you contributing to the problem he's describing?
How so?
"NEW FORCE IN MEDIA
...
Whether you’re searching for what’s happening in politics, what’s streaming this weekend, where to find size-inclusive clothing, ways to give back, or how much coffee to put in your coffee, we’re here to help you explore every topic that interests you."
If you listen to the talk he says many times "Get the Money" then focus on the real problems
The key here is you have to get the money first, then you have the power and resources to make social change and fix the real problems
So his mix of investments does not have to 100% "real problems" like climate change, his (stated) goal is to get capital from those other projects and use that to fund other companies that focus on "Real Problems"
Oh well.
> He said that investors pump money into “shitty, useless, idiotic companies,” rather than addressing real problems like climate change and disease. Palihapitiya currently runs his own VC firm, Social Capital, which focuses on funding companies in sectors like healthcare and education.
http://www.socialcapital.com/portfolio/
19 Enterprise software companies
10 Financial services companies
5 consumer companies
including companies like this: https://www.bustle.com/about
These companies are focusing on "real problems"?