Venture Facility for Public Benefit
Schmidt Futures bets early on exceptional people making the world better. We do this through three principal strategies.
- PEOPLE – We bet early on smart people who may not have a track record, taking more and higher risk using any instrument of capital – whether charitable, scientific, commercial, or otherwise.
- FOCUS – We power up and focus their work through modern data platforms and advanced computing.
- SCALE – We drive scale by building networks of everyone we invest in, promoting diversity of thought and talent across fields, and working in partnership with others.
Future-leaning
We seek to create the future, not restore the past. For example, embracing the inevitability of technological change, we look for machine learning solutions where there is a community benefit.
Risk Taking
We take the risks that only private philanthropy can take, providing early-stage funds broadly to new (and potentially competitive) efforts through a fast-launch venture model. We are creative in our approach, serving as an idea generator to test a number of ideas and identify those that work.
People-driven
Like effective venture facilities, we invest not only by thesis but also by team. In some cases, we start with a goal and then find the people, and in other cases we start by finding the best people and support them through multiple efforts or experiments.
Our People
We are a dedicated group bringing to bear new and creative ideas about how to tackle society’s long-standing challenges.
FAQ
More information about the mission of Schmidt Futures, how we are organized, and how we work to fulfill the vision of our founders.