Forbes September 4, 2024
Plus: GLP-1 drugs like Ozempic have potential to treat cancer, COVID-19, heart disease, and many other diseases.
Melinda French Gates founded Pivotal Ventures to expand women’s power and influence using a variety of levers, including philanthropy, advocacy and investments. According to PitchBook, venture capital for women cofounded companies hit an all-time high of 20% in 2023, though women-only founded startups were only 2%. . “We think if we’re putting more capital in the hands of women, they’re going to unlock solutions to some of the biggest problems that are facing our society today,” Pivotal Ventures managing director Erin Harkless Moore told Forbes.
Harkless Moore has zeroed in on the “Care Economy,” which Pivotal Ventures estimates is around $648 billion and...
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