Core Innovation Capital

As $10T of SMBs transition ownership, why not transition to employee ownership? In the age of AI, employees can either fear for their jobs or feel incentivized to embrace productivity-driving solutions. Ownership will be the key. Ironically, I believe AI will help drive new tech solutions to broaden employee ownership. Over the next decade, more people can reach the American Dream through business ownership than anything else. #venture #employeeownership #smb #ai https://lnkd.in/grsjDqvH

With great *computing* power, comes great responsibility. As automation in financial services becomes inevitable, we are keenly focused on finding solutions that both address and advance fairness. I did a fun collab with my partner Susan Ehrlich on what solutions we would like to see to address fairness at scale. Notably, we focus on how we can both enable developers to build fairer models while 10x'ing the productivity of model risk management teams. Striking a balance between innovation and ethical considerations requires a conversation across our industry. How do you suggest we address this challenge? https://lnkd.in/g_kV83z2

Over the last year, autonomous vehicles have taken over the city of San Francisco. After a long haul, the dream of riding in a driverless vehicle has become a reality. At Core, we see the similarities to a future of finance and are committed to investing in the infrastructure that unlocks autonomous finance. Just like for cars, there will be levels of financial autonomy and many roadblocks along the way. I lay them out below in the 6 Levels of Autonomous Finance. Do you see the world similarly? #autonomousfinance #fintech #AI #venture

If you're unlocking intelligence through critical infrastructure, catalyzing solutions for shifting demographics, or bringing fintech beyond financial services, come talk to us. And read more for why we're so excited about these areas 👇

Financial Health Network and Jennifer Tescher have been a long-time partners in how we honed Core's impact reporting process. Thank you! Ultimately this, and efforts like it, will lead to a GAAP equivalent for measuring the externalities of capital allocation.

At Core, we've always measured our mission along with our financial returns. We do so in a way that we believe is both aligned with the business and practical. Today we're open sourcing our methodology: https://lnkd.in/gJxJXyyk

We are excited to announce the addition of new General Partner, Chris Bishko, and Partner promotions for Edwin Loredo and David Roos, joining Susan Ehrlich and Arjan Schütte. Over the next decade, we're committed to continuing to deliver exceptional financial returns by creating transformative social impact at scale. Onward! https://lnkd.in/gBK7kvy9