1/ Climate change is one of the most important existential threats of our generation. America’s utilities infrastructure is woefully unprepared to meet our energy needs.

That’s why @PalmettoEnergy is the biggest investment I’ve made to date.

🧵👇🏾
prn.to/3Hiw0rG
2/ Outages, rolling blackouts, operational failures, wildfires, hurricanes – our utilities face an uphill battle when they’re already saddled with massive debt and multi-decade old equipment. All this, and energy prices are still rising.
3/ Palmetto wants to do to the fossil fuel industry what the cell phone did to the telecom industry. Fundamentally change the economics and make clean energy affordable and available to everyone.
4/ They take a completely different approach to the residential solar model. Unlike vertically-integrated peers that are burdened with high capital costs and messy balance sheets, Palmetto is built on tech company principles like marketplace and subscription models.
5/ We’re betting that this approach will change how homeowners think about clean energy and energy independence, empowering them to be their own mini-utility and build resilience for the environmental challenges ahead.
6/ Read more in our investment thesis. And visit palmetto.com to learn how you can help build a sustainable energy future.

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More from @chamath

Jan 27
1/ Last year, we launched @SocialCapital Emerging Managers, a program designed for investment professionals looking to accelerate their careers without the typical years of waiting it takes to be allocated your own portfolio at traditional funds.
2/ We hired 11 managers, initially staking them with $4M each. They managed their own books, while also working on investments and other projects. After reviewing year-end performance, we have allocated additional capital for year 2 of the cohort.
3/ We’re excited to invite folks to apply for the EM Class of 2022. As an EM, you have access to three key benefits: (1) capital commitment of 3 years; (2) the platform/infrastructure required to trade; (3) ability to own your track record outright.
Read 5 tweets
Jan 26
1/ As a parent, I often wonder whether there is a way for technology to be part of the solution to our country’s growing concerns around mental health.

And then we met @EddieMartucci and his team at @AkiliLabs. $DNAA $AKLI
bloomberg.com/news/articles/…
2/ @AkiliLabs is creating a new class of medicine. Their first product is a first-of-its-kind FDA-cleared prescription video game to treat pediatric ADHD in 8-12 year-olds.
3/ Their technology targets the fronto-parietal attention control networks of the brain to improve attention function (e.g., focus, multitasking).
Read 6 tweets
Jan 18
1/ Chronic kidney disease (CKD) is one of the most prevalent medical conditions, affecting more than 1 in 7 U.S. adults (as well as my late father). We spend up to $500B/yr to treat CKD with drugs and dialysis, which may incrementally slow down the disease but not reverse it
2/ Today we partnered with ProKidney, which is changing how we treat CKD. Their clinical data shows its treatment can not only significantly slow the onset of CKD compared to existing therapies, but even REVERSE the loss of kidney function, a first for CKD patients
3/ By taking ProKidney public, they will have the capital to continue Phase 3 clinical trials which have already commenced this month. We are excited to work with a company that has the opportunity to change how millions of people worldwide cope with this terrible disease
Read 4 tweets
Oct 8, 2021
1/ $CLOV - upgraded MA PPO rating of 3.5 Stars (vs prior 3.0 Stars) - Proud of the @CloverHealth team and excited to see what the future holds 💪
2/ Shows CLOVs ability to execute and validates their wide-open network approach to access a larger TAM compared with narrow-network plans offered by competitors
3/ Around 50% of $CLOV's membership who self-identify are those of minority background vs only 34% average for the industry
Read 4 tweets
Jul 11, 2021
1/ People misunderstand space and its implications. Since the Apollo project, focusing on space has allowed engineers and scientists to push the boundaries of the possible.
2/ Those advances would then find their way into our day to day lives - because when things are engineered for microscopic tolerances in space, they enable seemingly magical things on earth.
3/ We are now on the verge of a global expansion of space - from pervasive internet connectivity and interplanetary travel to space tourism.
Read 6 tweets
Jun 11, 2021
We wrapped up our climate change competition and are pleased to announce our winners.
-1k+ applications
-180 were excellent
-35+ teams interviewed
-8 proposals stood out as particularly innovative

So we have 8 winning teams vs 3 as planned, and each will receive a $25k award.
I want to also recognize our semifinalists for their excellent proposals: @Bill_Gross, @ckalra, Caitie Reck, @vcinsd, @atmanpandya, @IPO201, and @Olya_Irzak.
Read 4 tweets

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