THE WORLD WE LIVE IN
What can you do to change our future?
In our lifetime, we experience roughly 6,800 natural disasters around the globe. That only proves that the world is a dangerous and unpredictable place. In the past few decades, terrorism has cost America $2 trillion in unproductive expenses alone–unpredictable disasters can significantly damage our livelihoods more than we know.
The United Nations announced that if climate change isn’t under control within two generations, it will be too late to reverse its effects on Earth’s ecosystem. Meanwhile, COVID-19 pandemic continues causing bankruptcies, depression and unemployment with no end in sight yet; these disastrous events are much worse when they happen unexpectedly without any warning or time for preparation.
UNDERSTANDING THE RISK
Whether natural or man-made, disasters can strike without warning and leave us with serious long-term consequences. It is important to understand the risks and better prepare ourselves for the future.
An unending cycle of disasters seems to be taking a toll on our world. From hurricanes in the US, earthquakes in Haiti and Japan, tsunamis all over Asia, droughts wiping out crops across Africa- it seems like everywhere you turn there is another disaster happening. The worst part about these catastrophes isn’t just that people lose their homes or even die due to them; it’s also how they affect jobs and economies for years after one has passed!
The impact of disasters are significant because not only do we see lives gone but billions upon trillions dollars lost from global impacts as well with lasting effects seen throughout various industries such as construction, agriculture etcetera.
The unpredictable nature of natural disasters has left governments scrambling to help people. Governments have been inconsistent in their response with some countries focusing on the immediate issue, while others focus more on long-term impacts that are not as visible such as housing and job prospects for those who lost everything they had. Nonprofit organizations exist to fill this gap by providing short term relief and much needed support services like food assistance or legal aid when disaster strikes—but these groups depend heavily upon donations from generous donors for ongoing operations.
A SAFER FUTURE
Prepare, survive, and rebuild better than ever
Lifeboat Ventures has taken a huge step in the right direction of disaster mitigation with their $12M Startup Studio. We’re focusing on developing startups that will reduce disasters such as storms, floods, and fire by testing software-enabled ideas to find viable solutions for society’s needs. The idea is to provide entrepreneurs knowledge while minimizing risk during every phase of startup development work using the Startup Studio mode – quickly giving investors outsized returns.
If you’re looking to grow your business and not spend all of your time doing back-office work, then we might be the right fit for you. Our studio offers an array of services that will help reduce mistakes made by
startups in their early stages, as well as increase founder focus on customer needs and product development.
The investment thesis focuses on a unique segment of business that we call Disaster Impact Mitigation. A good example of how disaster impact mitigation is how technology companies have created a disaster recovery ecosystem. These include backups, power generation, many sites, internet connectivity, recovery services, etc. These are always in operation, generate revenue but provide the surge capacity to protect businesses from real harm. The kind of disaster impact mitigation startups, Lifeboat Ventures would focus on would have most of the following characteristics:
You might be thinking that buying a fire extinguisher would make the most sense, but in this case we would invest in a networked smoke detector. By doing so, you are protecting all of the homes and businesses near each other from potential fires while also creating extra revenue with software developers who will continually update their work as time goes by.
Lifeboat Ventures wants to take the pain out of disasters by making them less disastrous. They will do this through software that helps companies reduce their impact on a disaster, and they are going to explore these ideas using predictive analytics from research. Lifeboat is building new businesses with an acquisition focus; investments will be in seed rounds followed up at Series A stages for more potential acquisitions if needed.