LeapFrog Investments | CrunchBase Profile
Waylan Choy stashed this in Third World Hacks
"At $12m, LeapFrog’s average deal size is approximately eight times the industry average. LeapFrog’s thesis holds that it is necessary to match the size of the problem – 4 billion people in poverty – with the size of the solution: a financial model, team, and community operating at the level and scale necessary to make a dent on mass poverty. LeapFrog’s goal is to provide capital and expertise to businesses that scale, reach vast numbers of low-income people, and can mobilize the trillions of dollars in the capital markets."INSURANCE companies that target low-income citizens? Weren't/Aren't there scandals in the US about this kind of practice... or is it just the unscrupulous iterations that give the industry a bad rap?