Obvious Ventures lands fund five with a 360-degree view of planetary, human, economic health
The Avocado Pit (TL;DR)
- 🥑 Obvious Ventures secures a $360M fund, their fifth round.
- 🌍 Focus: planetary, human, and economic health.
- 💡 The fund amount isn't a random number—it’s a clever nod to their 360-degree vision.
Why It Matters
So, what do you get when you mix money, a clever sense of humor, and a serious mission to save the world? Apparently, a $360,360,360 fund. Obvious Ventures, the brainchild behind this not-so-obvious number, is investing in the trifecta of health: planetary, human, and economic. They’re not just counting on luck; they’re betting on a future where investments heal the planet, improve lives, and, ideally, boost the economy. Who knew venture capital could be so holistic?
What This Means for You
For those of us keeping an eye on where the big bucks are going, this fund is a signal that sustainable investments are not just wishful thinking—they’re the new normal. If you're passionate about startups that promise more than just profit, this fund is a beacon of hope. Oh, and for the number crunchers, it's a reminder that numbers can be poetic too.
The Source Code (Summary)
Obvious Ventures, a 12-year-old firm, has just closed its fifth fund with a cheeky $360,360,360—because why not match the fund's total with their 360-degree focus? The goal: invest in ventures that address planetary, human, and economic health. In other words, they’re looking to put their money where the need is, with a side of clever branding.
Fresh Take
In a world where venture capital often seems as predictable as avocado toast on a brunch menu, Obvious Ventures is serving us a fresh dish. By aligning their fund size with their mission, they've not only garnered attention but also set a standard for others to follow. It’s not just about having a vision; it’s about branding that vision with a sprinkle of wit. Here’s to hoping their investments do as much good as their PR stunt suggests!
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