MISSION LOCK COLLECTIVE
Mission Lock is a space for exploration:
how can early stage funders better support radical transformation of US health & care?
Society needs these companies to be so much more than assets in an investor's portfolio.
How can capital be part of the solution?
If you are building or funding businesses differently, to prioritize impact, or if you're just curious - please join the conversation.
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about us
what is a mission lock?
Let's answer this question with a different question:
What is the purpose of venture capital? What is the purpose of entrepreneurship?
A lot of us got into our work -- whether venture investing, starting a company, or joining an early-stage company -- to see things change. Indeed, many healthcare venture capitalists tell us that they are impact investors.
The reality is often a little less aspirational. The purpose of venture capital is to maximize its own returns. And it can be astounding what we're willing to trade off to achieve those returns.
So what is a mission lock?
A "mission lock" is a way for an organization to lock in its focus on its mission. Because to achieve impact, intention matters, but so does structure. Mission locks, whether they are corporate forms, governance structures, or cultural norms, ensure that as a company grows and changes it has the right and expectation to pour entrepreneurial creativity and resources towards its vision, its impact, its reason for being.
Liz Rockett, founder
Liz is a VC investor and an early member of the impact investing industry. Her experience in the healthcare industry and private capital markets over the past two decades inform her understanding of the perils and possibilities of American capitalism.
Liz is the former Managing Director of Kaiser Permanente Ventures, and former head of health impact investing at Imprint Capital (acquired by Goldman Sachs). She is a professor in the Sustainable and Impact Finance program at the Haas School of Business, University of California, Berkeley, and serves on the investment committee of Acumen West Africa.
Liz has served on the board or investment committee of Rock Health, Unseen Capital, Omada (obs), Big Health, Groups Recover Together (obs), Everytable, DexCare (obs), KitCheck, and OssoVR. She helped Acumen design Acumen America and supported the Robert Wood Johnson Foundation's early impact investing interests.
