Anjney Midha
👤 SpeakerAppearances Over Time
Podcast Appearances
Thanks for having me.
One correction, it's pronounced AMP PBC, but everything else you got perfect on the intro.
Oh, I'm sorry.
Yeah, as in energy.
Yeah, yeah.
We're governed by a public benefit charter, which means everything we do has to follow our mission.
We have a public charter mission.
We are for profit in the same way Ben and Jerry's or REI and Anthropic are public benefits.
So we aim to make a healthy, modest amount of profits that can sustain our mission.
But we have the flexibility to choose what that margin is.
It was a little bit of the other way around.
I said yes, then we tried to get another 25 VCs to say yes, and I failed.
It was a harrowing experience.
It was a bit of a wake-up call.
It was late 2020.
I had just sold my last business.
It was called Ubiquity 6.
It was a 3D mapping business.
It was an AI business that we had founded in 2017.
And I felt like a failure at the time because I was in San Francisco.