Globally, consumer Internet and mobile technologies are fundamentally transforming how people connect, share ideas, and do business. They shrink geographic boundaries and expand people’s horizons. They enable people to make more informed decisions, take action on issues that matter to them, and make the most of opportunities to improve their lives. And most importantly, they do all of this efficiently and at massive scale.
We invest in entrepreneurs who are developing innovative solutions that enable meaningful peer-to-peer interaction, provide efficient access to life-enhancing products and services, and facilitate the availability and exchange of trustworthy information. Because of our deep roots in Silicon Valley, we are uniquely positioned to help our investees further leverage these innovations to form passionate communities, build trust, and accelerate social change.
We also realize that Internet connectivity is essential for individuals to take advantage of these empowering technologies. Despite the explosive growth of the mobile phone in the developing world, many people still lack access to the Internet. In these places, we take our strategy one step further. We work to remove the barriers to coming online and create the conditions for success. From promoting policies to increase the accessibility and affordability of the mobile Internet in Africa to supporting accelerator programs in Latin America, our investees are laying the foundation for innovation and entrepreneurship to thrive.