The vast inequities between communities is unnatural and unnecessary. It's an artifact of bad design and a false choice. Someone decided where transportation would flow and where it wouldn't, where the garbage and toxins would be taken, where the homes, offices and grocery stores would be built, and where they wouldn't. A thousand large and small decisions make up this imaginary place called the other side of the tracks.
The good news is it doesn't have to be this way. We live in a time of new tools to solve old problems. Technology makes us more efficient, and with more efficiency we can have less scarcity. That's also a design decision; a choice. We are privileged to live in a moment where it's possible to do more with less every single day. Is it crazy to think we might finally be able to take good care of everyone?
We think we can.
The Bronze Venture Fund exists to bring new technology, capital, imagination and, yes, even some love, to everyday people, everywhere. If that mission resonates with you as a founder, community member, or ally, we should talk.
Stephen DeBerry runs the Bronze Venture Fund, where he makes and manages innovative investments that align strong financial returns with positive social impact. He is the founder of Bronze Investments and a former partner at Kapor Capital, Investment Director at Omidyar Network, and Trustee and Member of the Investment Committee at The California Endowment. The firm’s Eastside investment thesis argues that pushing innovation from large categories like health, education and financial services into communities on the social and economic margin is a viable strategy to drive sustainable economic growth.
Stephen is a 20+ year Silicon Valley veteran who earned his stripes as an entrepreneur and investing in over 80 companies. He has also managed limited partner positions in over 20 top performing venture, hedge and real estate funds. Stephen earned a Bachelor’s degree in Anthropology with highest honors from UCLA as well as Master’s in Social Anthropology and MBA degrees from The University of Oxford. He is a British Marshall Scholar and Henry Crown Fellow at the Aspen Institute who Ebony Magazine and The Root/Washington Post named one of the 100 most powerful African-Americans in the United States.
In addition to his life as an investor Stephen is a proud father of two girls and an adventurer. In 2013 he was a member of Expedition Denali, the first African-American mountaineering team to ascend Denali, the highest mountain in North America. The film An American Ascent chronicles that expedition and the effort to bring more diversity to the outdoor community. He lives in the San Francisco bay area with his wife and two daughters.