Peter Thiel of Founders Fund famously criticized the lack of real innovation in VC investing with this motto:
“We wanted flying cars, instead we got 140 characters.” More recently, Chamath Palihapitiya may have described the problem best when he said: “And this is the biggest problem with venture capital right now. We have replaced 'venture' capital with 'product-market fit' capital.”
We used CB Insights data to surface 55 companies that we believe are solving very important and/or big problems, or that are building truly innovative technology. While some of these companies are what many would call moonshots, all have admirable goals and are thinking outside the box in order to solve real problems.
We call these companies the CB Insights Game Changers.