The transcript discusses the principles for achieving breakthroughs and debunks myths about success, emphasizing that special genius or elite education is not necessary. It explores impact investing, highlighting its dual financial and social returns, and the Case Foundation's role in supporting this field. Trends in philanthropy and investing, particularly the importance of measuring impact, are examined. The conversation also covers investment opportunities outside Silicon Valley, focusing on diversity and regional development, including Amazon HQ2's impact on communities.

What is a common misconception about achieving success, as discussed in the first section?

• It requires a prestigious degree.

• It is only for the wealthy.

• It needs a large team.

• It depends on luck.

What is a key feature of impact investing?

• It requires government approval.

• It focuses solely on financial returns.

• It is only for large corporations.

• It combines financial and social returns.

Why does the Case Foundation not directly engage in impact investing?

• They are restricted by regulations.

• They disagree with the concept.

• They focus on building the market and supporting movements.

• They lack the necessary funds.

What is a common myth about impact investing?

• It is necessarily concessionary.

• It is only for non-profits.

• It requires international partnerships.

• It is a new concept.

What trend is emphasized in the final section regarding philanthropy?

• Increased donations to large charities.

• Rigor around measuring impact.

• Focus on celebrity endorsements.

• Reduction in philanthropic activities.

What is the 'rise of the rest' initiative about?

• Focusing on Silicon Valley startups.

• Supporting only tech-based companies.

• Highlighting innovation outside major tech hubs.

• Encouraging international investments.

What was a significant factor in Amazon's decision to pull out of New York for HQ2?

• Lack of available space.

• Lack of consensus building.

• High operational costs.

• Insufficient workforce.