Why Chris Sacca Is Back | A New Female-Founded $100 Million Fund

Plus: Billionaire Jay-Z’s Net Worth Jumps 40% With Sales Of Streaming Service Tidal, Champagne Brand

In 2015, venture capitalist Chris Sacca was one of Silicon Valley’s most influential investors, No. 3 on the Midas List with more than one million Twitter followers well before VC memes were the norm, and a regular appearance on ‘Shark Tank’. The Lowercase Capital partner’s early stakes in companies including Instagram, Twitter and Uber minted him a billionaire, putting him on the cover of Forbes.

Two years later, Sacca announced his retirement from startup investing and the show. He dropped off the Midas List. To a new generation of founders, he’s no longer the go-to name for early funding if building the next buzzy social app. In February, however, Sacca officially resurfaced with a new firm name and focus. Called Lowercarbon Capital, the fund, which Sacca is managing with wife Crystal and partner Clay Dumas, is focused on an area that has historically proven kryptonite for VC returns: climate. In this week's must-read story, hear why Sacca is back investing.

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This week's collection of expert tips from Forbes contributors around the world for those building and running a business. Click to sign up instantly for The Pursuit, a biweekly essential briefing by Senior Entrepreneurs Editor Maneet Ahuja.

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