The world is more networked, technology is more abundant, and entrepreneurship has become more and more democratized.
What does this mean? In a world of capital abundance, it means that people from all over the world can try their ideas without the “seal of approval” of the venture capital community or high finance. Which means that all types of people of all genders and ethnicities can start a company that fulfills their dreams for a better world. In a world of technology abundance, it means that a new entrant to the middle class in the developing world can benefit from and contribute to the abundance of technology by owning one of the billions of smartphones throughout the world.
Prime Movers are not just from Silicon Valley
But this is not just limited to companies: Prime Movers can start movements in all fields. It might be a great chef who pushes the envelope in food. It might be a college professor who wins a Nobel Prize for an unexpected insight that drives all of humanity forward. The bottom line is this…It’s never been a better time to be a Prime Mover.
While we are not set up to invest in the next great Chef or many others outside of technology who are animating greatness in their fields ….we at Floodgate honor all Prime Movers, wherever they might be.