Our Investment In Cleo

For me, at least in this space, even from the beginning, I knew that parts of it were against the odds, and so, what I mean by that, is if you know the category that I’m working within is childcare, it’s already an inherently margin challenged kind of category. What I mean by that, what parents are willing and able to pay for this kind of work, and... See more

Welcome to the $648 billion care economy—the money we spend to care for our loved ones, from their first breath to their last. There are four dynamic areas of growth in the sector: (1) Child care. It’s a $136 billion market that’s desperate for supply and ripe for disruption and innovation. (2) Workplace. Forty-two percent of employers plan to add ... See more

This effort from Bird fits perfectly within a category that we have huge excitement around — the “business in a box.” These platforms give entrepreneurs the opportunity and infrastructure to run a business without the convoluted and expensive process of building a company from scratch. Entrepreneurs also benefit from the brand and budget of the par... See more

2. About slide: value proposition to founders, achievements and fund differentiators 

This growing decline in familial support for raising children—and college-educated women becoming the lynchpin for knowledge work in America— meant that demand for paid family services has increased dramatically. In the 1990s and 2000s, this question of how to support working parents became another front in the culture war.