Silicon Valley’s secret dealmaker

Discussion in 'Chit Chat' started by dealmaker, Apr 28, 2019.

  1. dealmaker

    dealmaker

    Silicon Valley’s secret dealmaker: In the seven years since the death of Apple’s Steve Jobs, his widow Laurene Powell Jobs has been making private investments through her secretive organization, The Emerson Collective. Since 2014, Emerson has backed more than 30 startups, but the model has drawn some criticism, for both its lack of transparency as well as the introduction of a profit motive to philanthropy. This profile explores the role of secrecy in mega-funding.

    "While most other players in this space focus on philanthropy or investment, we are able to do both.”