Venture capital firm 500 Global announced the UpNext summit will bring together investors, asset allocators, innovators, and policymakers to discuss a shared future for technology and innovation on October 5, at The Showroom in Washington DC.
The future of venture capital necessitates that stakeholders take a more active role in devising strategies and guidelines that produce social and economic value, according to the company’s announcement.
500 Global will present its new report, the 500 Global Rise Report, which outlines a plan for innovation in both developing and mature markets. “The upcoming ten years of technological progress and venture capital will, above all, be international. We, as investors, policymakers, and thought leaders, must collaborate to promote innovation worldwide and generate a positive and enduring impact,” stated Christine Tsai, CEO and founding partner of 500 Global.
According to the company information, UpNext functions as a platform for these key individuals to address pertinent challenges facing the establishment of a sustainable ecosystem that cultivates innovation and global expansion while enhancing competitiveness and ensuring national security.
Speakers at the event will include Magdalena Coronel, Chief Investment Officer of IDB Lab; Dami Osunsanya, Co-Head of SoftBank Group’s Opportunity Fund; L. Felice Gorordo, Alternate Executive Director of the World Bank; and Areije Al Shakar, Director and Fund Manager of Al Waha, among others.
The topics to be discussed are centered around the rise of the new era of global technology, emerging sectors in technology, next global companies, and global economies.
“Achieving the Silicon Valley dream doesn’t mean following the same playbook,” stated Courtney Powell, COO and Managing Partner of 500 Global, a prominent venture capital firm managing $2.4 billion in assets, dedicated to investing in founders building fast-growing tech firms. 500 Global concentrates on technology-driven markets to generate long-term value and drive economic growth, as stated on its website.
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