has developed a new model of customized community venture capital funds, combined with a model of customized philanthropy. Underdog Ventures partners with a group of investors committed to financial, community and environmental results. We create innovative and customized investments to meet the specific needs of each of our investors, each of whom has a dedicated fund that invests in areas that they choose.
And here is how their legacy fund works: A funder has put up the money to invest in businesses that build capital in the firm and in the community.
We invest only in companies in which the deal structure creates at least one dollar of philanthropy for every dollar of venture capital invested. Our investor has donated his proceeds from this fund to the Underdog Foundation.
A progressive social venture capitalist firm? Very interesting to see that combination of ideals and business savvy.
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