A do-good investing firm founded by Warren Buffett's grandson and ex-Gates executive just raised its first funding around from the world's richest families

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The social impact investing-focused company was founded by Howard Buffett – Warren Buffett's grandson – and Trevor Neilson.

A Rockefeller investor and ex-BlackRock vice chair are funding a fintech startup to tap into a $23 trillion market in the hottest area of investing

Despite i's explicit focus on doing good, Neilson said the firm does not sacrifice returns in the process. The company is set up similar to Berkshire Hathaway, with capital that can create and invest in companies for the long term, rather than a private equity fund that's forced to sell companies at the end of the fund's life. The family offices can also invest alongside the firm in individual investments.

The company's investments to date include WasteFuel, which converts waste into airplane fuel; Carbon Engineering, carbon dioxide reduction technology; and an accelerator program for video game developers.

 

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Money toys.

But paying to get in USC is bad. 🤔

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2019 March Madness Bracket Contest Prize: $1 Million A Year For Life From Warren BuffettFamed investor Warren Buffett is offering his nearly 400,000 employees at Berkshire Hathaway companies a chance to win $1 million a year for life. The catch: You need to pick the correct Sweet 16 in the men’s NCAA basketball tournament. Back in my corporate life, the guy who organized the March Madness pool had too much time on his hands, and was likely to get the axe in a round of layoffs. Dear me, wish I worked for Berkshire..!!! 😉 Say no more
Source: Forbes - 🏆 394. / 53 Read more »

2019 March Madness Bracket Contest Prize: $1 Million A Year For Life From Warren BuffettFamed investor Warren Buffett is offering his nearly 400,000 employees at Berkshire Hathaway companies a chance to win $1 million a year for life. The catch: You need to pick the correct Sweet 16 in the men’s NCAA basketball tournament. can i join ? Surprised he can still afford this after he f’ed up Kraft Heinz. Wizard of Omaha my ass. I wonder if its my money, I trusted him to look after my trust fund at 8 years old, worth hundreds of millions. Where is my money Warren.
Source: Forbes - 🏆 394. / 53 Read more »