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tyrw | 1 year ago
They have the goal of making money first and foremost, but subject to the investments themselves being good for society, and serving LPs who do the same. E.g. they work closely with Skoll Foundation [2] and Skoll Global Threats Fund [3].
Another fund that we worked closely with was Omidyar Network [4]. They have more of a hybrid model of investing + philanthropy under one org. It meant they could do some projects that we couldn't at Capricorn, but also made it harder to measure concrete outcomes, which LPs tend to want.
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