Endeavor

2023 Endeavor Impact Report

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Advancing this mission requires rethinking old ideas and evolving how we operate; it requires that we take our own New Path. At a board meeting in 2011, Reid Hoffman challenged us to create a (rules-based) co-investment fund to more fully support and endorse the entrepreneurs we select. In 2023, we celebrated our 300th investment and 24th exit. Endeavor Catalyst, with $500M in assets under management, now invests across Endeavor's 40 countries and is recognized as one of the most active funds for early- stage companies in MENA, Africa, and Latin America. With this momentum and its unique 50/50 shared profits model, Endeavor Catalyst is on track to make Endeavor a self-sustaining organization by 2030. I hope you enjoy reading more about the legacies Endeavor Entrepreneurs are forging in their countries as they pioneer new business models, new technologies, and new pathways to success. Onward and upward! Linda Rottenberg 5

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