EO Ventures is founded and led by an unusual pairing of top-tier venture capitalist Bill Helman with controversial Harvard economist Roland Fryer, explicitly structured as a real-world experiment in whether capitalism can be harnessed to improve income mobility in the U.S. The fund uses Fryer's proprietary "Social Money Multiplier" framework to quantitatively estimate and track the social mobility impact of each investment, requiring portfolio companies to set targets and report against this metric alongside standard business KPIs.
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