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Revolution
- This post is part of Business Insider’s ongoing series on Better Capitalism.
- AOL cofounder Steve Case runs the Washington, DC-based venture capital firm Revolution, which focuses on businesses outside of Silicon Valley.
- Last December, he announced that he and “Hillbilly Elegy” author JD Vance were overseeing a $ 150 million Rise of the Rest Seed Fund, with capital from high-profile investors like Jeff Bezos, Ray Dalio, Meg Whitman, the Kochs, and the Waltons.
- The fund serves as a way to tap the potential of rising startup scenes across the US, build an influential network, and jump-start American cities not on the coasts.
As AOL cofounder Steve Case read author JD Vance’s memoir “Hillbilly Elegy,” which is about the struggles of escaping poverty in Ohio via Kentucky transplants, he saw a slice of American life he’d been trying to improve for the last several years.See the rest of the story at Business Insider
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- PepsiCo CEO Indra Nooyi’s long-term strategy put her job in jeopardy — but now the numbers are in, and the analysts who doubted her will have to eat their words
- 15 major companies that treat employees well, value their customers, and put their communities first
