"The closed-door Litestream forum brought together more than 120 investors, founders, funds, and a charitable partner - Star for Life. During the session, investors in the room signalled $78.1 million in non-binding pledges in support of 12 participating companies and the charitable initiative. This was enabled by Litestream Ventures' proprietary pledge-based signalling technology, delivered through a private application used by attending investors throughout each company presentation."
"Much of the coverage that comes out of Davos can obscure the substantive work that takes place during World Economic Forum week - particularly the dialogue and backing that emerges around companies addressing real-world challenges. The Davos Manifesto, first articulated in the 1970s, set out the principle that businesses should act as stewards of long-term value, managing their impact on society rather than pursuing short-term profit alone."
Litestream Ventures hosted its fourth annual Family Office & Venture Capital Forum in Davos during World Economic Forum week, convening over 120 investors, founders, funds, and the charitable partner Star for Life. Investors signalled $78.1 million in non-binding pledges supporting 12 participating companies and a charitable initiative. A proprietary pledge-based signalling technology delivered through a private application enabled private expressions of interest, philanthropic indications, splitting of indicative pledges or donations with peers, and sharing opportunities within trusted networks. Litestream operates at the intersection of venture, media, and convening, using storytelling, capital dialogue, and trusted networks to support long-term thinking and responsible growth.
Read at London Business News | Londonlovesbusiness.com
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