Opinion: A surprise about some ESG funds — they actually vote against environmental and socially conscious resolutions

December 18, 2020

(MarketWatch) New research shows that some index funds with an environmental, social and corporate governance mandate rarely vote in favor of their stated preferences.

The Agriculture Industry Didn’t Have a Data Platform – So She Created One

November 30, 2020

(Inc.) Gro Intelligence’s software helps power the multitrillion-dollar agriculture industry. Ticker prices and stock symbols surrounded Sara Menker when she worked as a commodities trader in the 2000s. But she noticed one field was lacking in data: agriculture. “Nearly every part of our lives depends on this multitrillion-dollar industry,” she says, “and it didn’t have…

Launch of the Startups & Society Initiative

October 26, 2020

(Medium) Faced with a pandemic, the climate crisis, and unresolved systemic racial and economic inequality, our country finds itself at a critical moment. Our interdependence is now more apparent than ever, and this has triggered explosive demands for change in every corner of society. Technology companies are not immune, having been increasingly singled out for…

Yale may have just turned institutional investing on its head with a new diversity edict

October 23, 2020

(TechCrunch) It could be the long-awaited turning point in the world of venture capital and beyond. Yale, whose $32 billion endowment has been led since 1985 by the legendary investor David Swensen, just let its 70 U.S. money managers across a variety of asset classes know that for the school, diversity has now moved front…

Greylock and MLT are trying to diversify tech’s wealth cycle

September 29, 2020

(TechCrunch) Greylock Partners has teamed up with Management Leadership for Tomorrow to address issues of diversity and inclusion in the technology industry. Read more here.

Apollo Joins Impact Investing Rush With Goal to be Market Leader

September 15, 2020

(Bloomberg) Apollo Global Management Inc. is venturing into the world of impact investing, a corner of finance where most of its private equity peers already have substantial operations.

Venture capital firms to include “diversity riders” in term sheets

August 26, 2020

(Axios) Ten venture capital firms on Wednesday will announce that they’re now including “diversity riders” in term sheets submitted to startups, requiring that best efforts are made to bring underrepresented investors into the deals.

Private Equity Makes ESG Promises. But Their Impact Is Often Superficial.

June 29, 2020

(Institutional Investor) Alongside Bono, Richard Branson, and eBay founder Pierre Omidyar, private equity firm TPG launched the Rise Impact fund in 2016. The offering committed “to deliver positive and sustainable impact” while creating a “top-performing fund.”

NVCA Launches Nonprofit Venture Forward to Shape the Future of Venture Capital

June 16, 2020

(PR Newswire) The National Venture Capital Association (NVCA) today launched Venture Forward, a 501(c)(3) non-profit to shape the future of venture capital and meet the growing needs of the venture capital (VC) industry that extend beyond public policy. Venture Forward will drive the human capital, culture, values, and narrative of venture capital, to promote a strong…

Dynamic Materiality In The Time Of COVID-19

April 19, 2020

(Forbes) Three months ago, in what seems like another age, I wrote about the concept of dynamic materiality. It was developed by Thomas Kuh, Andre Shepley, Greg Bala, and Michael Flowers of Truvalue Labs (TVL), a San Francisco-based technology company (to whom I’m an advisor) which uses AI and big data to develop signals on…