- published: 09 Nov 2015
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Omidyar Network is a self-styled "philanthropic investment firm," composed of a foundation and a impact investment firm. Established in 2004 by eBay founder Pierre Omidyar and his wife Pam, Omidyar Network reports it has committed more than $780 million to nonprofit organizations and for-profit companies across multiple investment areas, including Consumer Internet & Mobile, Education, Financial Inclusion, Governance & Citizen Engagement, and Property Rights.
Omidyar Network was founded on the fundamental belief that every person has the power to make a difference. The foundation believes that they create opportunity for people to realize that power and improve the quality of their lives. In addition, they advocate that when people take the initiative to make life better for themselves, they can share the benefits with their families, become more active in their communities, and be a more positive force in society.
Composed of a 501(c)(3) and a Limited Liability Company (LLC), Omidyar Network is structured to work across the social, business, and government sectors. Like a traditional foundation, it makes grants through its 501(c)(3) entity; through its LLC, it invests in for-profit entities.
Pierre Morad Omidyar (Persian: پیر مراد امیدیار, born June 21, 1967) is a French-born Iranian-American entrepreneur and philanthropist. He is the founder of the eBay auction site where he served as Chairman from 1998 to 2015. He became a billionaire at the age of 31 with eBay's 1998 initial public offering (IPO). Omidyar and his wife Pamela are well-known philanthropists who founded Omidyar Network in 2004 in order to expand their efforts beyond nonprofits to include for-profits and public policy.
Since 2010, Omidyar has been involved in online journalism as the head of investigative reporting and public affairs news service Honolulu Civil Beat. In 2013, he announced that he would create and finance First Look Media, a journalism venture to include Glenn Greenwald, Laura Poitras, and Jeremy Scahill.
Omidyar was born in Paris, the son of Iranian immigrant parents who had been sent to France by their parents to attend university. He was given the name of Parviz by his Iranian parents. His mother, Elahé Mir-Djalali Omidyar (Persian: الهه میرجلالی امیدیار), who did her doctorate in linguistics at the Sorbonne, is a well-known academic. The name of his father, a surgeon who worked as a urologist at Johns Hopkins University in Baltimore, is undisclosed. Due to his father's work the family moved to the U.S. when Omidyar was a child.
Networking and networking may refer to:
Impact investing ecosystem very favourable: Omidyar Network
Don't Start A Foundation: Pierre Omidyar Ignores Early Advice, Then Reconsiders
Omidyar Network Learning Series: What is Big Data, Small Credit?
Interview: Matt Bannick, Managing Partner, Omidyar Network
Omidyar Network Report: We're At A Tipping Point For Impact Investing
Pierre Omidyar talks about Omidyar Network's hybrid model approach to philanthropy
Know Thy (Irrational) Customer
An interview with Roopa Kudva, Omidyar Network
Omidyar Network Pairs Grants With Investments To Solve Problems
Omidyar Network
With an India investment of $160 million in 60 entities, Omidyar Network's Roopa Kudva says the ecosystem for impact investing in India has become "very favourable" but the challenge for social enterprises is to scale in a sutainable manner. Watch more videos: http://www.ndtv.com/video?yt Download the NDTV news app: https://play.google.com/store/apps/details?id=com.july.ndtv&referrer;=utm_source%3Dyoutubecards%26utm_medium%3Dcpc%26utm_campaign%3Dyoutube
Not heeding the advice of friend Bill Drayton, Pam and Pierre Omidyar created a foundation when starting their philanthropy. However, Pierre's experience improving people's lives through eBay convinced him that traditional foundation rules are too limiting. Thus was born the Omidyars' unique "philanthropic investment firm" -- Omidyar Network.
Our learning series explores an innovative business model that leverages big data to help consumers who are invisible to lenders to gain access to credit. Find out how Big Data, Small Credit can help consumers to improve their lives, financial service providers to open new markets, and emerging markets to bolster their economies.
As managing partner, Matt leads all aspects of Omidyar Network's operations and strategy. He works closely with the co-founders and board of directors to ensure that Omidyar Network achieves its long-term mission and strategic objectives. From Omidyar Network Executive Forum 2012.
Read the full Forbes article and watch the interview here: http://onforb.es/1ZcOFKv. Omidyar Network, an impact investing pioneer, recently published a new report entitled “Frontier Capital” on impact investing. Given the attention that has been paid to the Chan Zuckerberg Initiative, which parallels the structure of the Omidyar Network in some respects–critically allowing for both impact investing and traditional philanthropy–I’ve taken time with Paula Goldman, a report author and Senior Director, Global Lead for Impact Investing at Omidyar Network to get her take on the report. Goldman makes three key observations about impact investing for 2016: We’re at a tipping point for impact investing The next generation is more socially minded and will push for change Capital and technology wi...
In this interview to The Bridgespan Group, our founder Pierre Omidyar talks about Omidyar Network's approach to philanthropy.
From mobile wallets to financial management apps to alternative credit assessment platforms, more entrepreneurs and established financial service providers are addressing financial inclusion than ever before. While we see so much innovation and inspiration in the field, we believe it is imperative to start at square one before designing financial products and policies: Do you truly understand the needs, habits, and culture of the financially underserved in your market? Join us over the next several weeks as we share insights from experts and entrepreneurs on the role behavioral economics in designing effective financial inclusion solutions, starting with a video blog featuring behavioral economist Dan Ariely, Duke University professor and co-founder of Irrational Labs; and Tilman Ehrbeck...
Roopa Kudva, partner at Omidyar Network and managing director of Omidyar Network India Advisors, discusses the impact investing space in India in an interview conducted at the SOCAP16 conference in San Francisco.
Read the full Forbes article and watch the interview here: http://onforb.es/1JdMnmz. Omidyar Network, founded by Pierre Omidyar, founder of eBay, and his wife Pam, is a driving force in the movement toward impact investing, using investments to drive social impact. Amy Klement, a partner at Omidyar Network or ON, explains the way she thinks about driving change, “Many ultra-high net worth individuals want to use the wealth they’ve acquired to make a social impact. Yet when creating a legacy, the power of markets often gets left out of their philanthropy.” She continues, “Our perspective at Omidyar Network is that wealth holders can and should bring their full range of experience and assets to address problems too big to be solved by grants alone. We are ultimately focused on the betterm...
During Sal Giambanco's keynote presentation at SOCAP: Soul on March 3, 2012 he showed this video about Omidyar Network and how they believe that every person has the power to make a difference.
Roopa Kudva, partner at Omidyar Network and managing director of Omidyar Network India Advisors, discusses the impact investing space in India in an interview conducted at the SOCAP16 conference in San Francisco.
Roopa Kudva, partner at Omidyar Network and managing director of Omidyar Network India Advisors, discusses the impact investing space in India in an interview conducted at the SOCAP16 conference in San Francisco.
Thank you to the Omidyar Network for supporting the livestreaming of the OGP Global Summit.
Keynote 2 Open communications & independent media as catalysts for social change - Stephen King/ Ory Okolloh (Omidyar Network)
Giving Matters I: Impact Investing Maya Chorengel, Elevar Equity; Charly and Lisa Kleissner, KL Felicitas Foundation; Matt Bannick, Omidyar Network
Ed Vaizey MP, Minister of State for Culture and the Digital Economy Martin Tisné, Omidyar Network Hetan Shah, Executive Director, Royal Statistical Society Emma Carr, Director, Big Brother Watch Eddie Copeland, Head of Technology Policy, Policy Exchange This event is sponsored by Omidyar Network
Join Kathryn Meisner of GrantBook as she speaks with Omidyar Network’s Rachel Flynn and the Rockefeller Foundation’s Lauren Philson and Jereme Bivins about their technology adoption and change management challenges, successes and strategies (some of which are unexpectedly fun and creative!) If you have any questions or want to talk about technology adoption, feel free to contact Kathryn at kathryn@grantbook.org.
The annual Kotak Institutional Equities (KIE) Conference was held between Feb 22-24, 2016 in Mumbai. Speaker: Roopa Kudva, Partner and Managing Director, Omidyar Network India Advisors Topic:Investing in innovation to change the world
Special impact investing session at SOCAP12 with Matt Bannick of the Omidyar Network and Kevin Jones of Social Capital Markets.
You've heard all the buzz about mobile, whether it's m-health, m-agri, or beyond. But these solutions may fail to reach the huge populations they can benefit. Join us for a discussion on what's holding back mobile impact and where to find today's leveraged opportunities for both impact and profit. Continuing the conversation about sector-based approaches to impact investing, Omidyar Network's Matt Bannick will moderate the discussion to show how investors, entrepreneurs, and policymakers can each play their part to grow the industry as a whole.SPEAKERSMatt Bannick, Omidyar Network (moderator)Monica Brand, Accion Frontier Investments GroupMatt Bannick, Omidyar Network (moderator)Faith Sedlin, Range NetworksCorina Gardner, GSMAhttp://socialcapitalmarkets.net SOCAP13 - Accelerating the Good E...
As managing partner, Matt leads all aspects of Omidyar Network’s operations and strategy. He works closely with the co-founders and board of directors to ensure that Omidyar Network achieves its long-term mission and strategic objectives. Matt currently serves on the boards of Bridge International Academies, d.light design, Endeavor, the GIIN, and Landesa and the advisory boards of the Harvard Business School Social Enterprise Initiative and the Stanford Institute for Innovation in Developing Economies (SEED). Matt also teaches a course on new business models in emerging markets at the Stanford Graduate School of Business. He earned an MBA with distinction from Harvard Business School and a bachelor’s degree, Phi Beta Kappa, in international studies and economics from the University of W...