Thanks for this Boris! Very interesting. We’re exploring a couple of ideas broadly in this space.
We think essentially all ideas that get more investment into LMICs are interesting from an impact perspective; we’ve heard a number of angles on this. It’s a bit of a challenge to make sure you develop something ‘at the right level’, because the current state of development of the investment markets in most LMIC would require very highly risk-tolerant capital (which there currently is not a lot of), so we think solutions are more promising if they would plausibly lead to a higher total volume of investment coming in (e.g. if the founder comes from the investment side and has their eyes on concrete investors that are currently not investing in LMIC but would if X or Y was the case)
I’ve noted some of your ideas on our long list to explore! As I think you also flag towards the end of your comments, I think a couple of these would likely be interesting if we were to get applications from founders with deep domain expertise in these topics. We have had some people in the pipeline with experience in e.g. privacy-preserving identity proofs so that might be interesting to dig deeper into once we’re more clear on our top candidates.
We will definitely explore ed tech models; I like these examples that you gave. It will be interesting to see if some of the more commercial edtech successes in Western companies can translate to more LMIC markets where we would expect that effect on educational outcomes will be much larger but the spending on edtech solutions is likely much smaller; we’re exploring a couple of different ways to monetize.
Thanks again! We might post some of the results of our research into specific ideas on the forum at a later point!
Thanks for this Boris! Very interesting. We’re exploring a couple of ideas broadly in this space.
We think essentially all ideas that get more investment into LMICs are interesting from an impact perspective; we’ve heard a number of angles on this. It’s a bit of a challenge to make sure you develop something ‘at the right level’, because the current state of development of the investment markets in most LMIC would require very highly risk-tolerant capital (which there currently is not a lot of), so we think solutions are more promising if they would plausibly lead to a higher total volume of investment coming in (e.g. if the founder comes from the investment side and has their eyes on concrete investors that are currently not investing in LMIC but would if X or Y was the case)
I’ve noted some of your ideas on our long list to explore! As I think you also flag towards the end of your comments, I think a couple of these would likely be interesting if we were to get applications from founders with deep domain expertise in these topics. We have had some people in the pipeline with experience in e.g. privacy-preserving identity proofs so that might be interesting to dig deeper into once we’re more clear on our top candidates.
We will definitely explore ed tech models; I like these examples that you gave. It will be interesting to see if some of the more commercial edtech successes in Western companies can translate to more LMIC markets where we would expect that effect on educational outcomes will be much larger but the spending on edtech solutions is likely much smaller; we’re exploring a couple of different ways to monetize.
Thanks again! We might post some of the results of our research into specific ideas on the forum at a later point!