Fortune: Melinda French Gates … VC firm and $46 million to invest in care giving. This is progressive and much care is needed in our wounded societies

Posted on July 2, 2026 by michelleclarke2015

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Exclusive: A VC firm backed by Melinda French Gates just closed a $46 million fund to invest in caregiving

Emma Hinchliffe

By 

Emma Hinchliffe

Most Powerful Women Editor

July 1, 2026, 11:09 AM ET

Joanna Drake, right, and Julie Wroblewski are the investors behind Magnify Ventures, which is putting almost $100 million into the care economy.

Joanna Drake, right, and Julie Wroblewski are the investors behind Magnify Ventures, which is putting almost $100 million into the care economy.Courtesy Magnify Ventures

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Melinda French Gates’ Pivotal Ventures invests in companies and funds that, alongside its work in policy advocacy and philanthropy, help to advance women’s power. One subcategory is caregiving—lobbying for paid family leave and other policies that support women, and finding ways to support that mission in the for-profit sector too, as French Gates discussed with me recently.

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The VC fund Magnify Ventures has a remarkably aligned thesis—and Pivotal just came back as an LP in its $46 million Fund II, Fortune is the first to report.

Magnify was cofounded by general partners Joanna Drake and Julie Wroblewski. And it’s no coincidence it has a lot in common with Pivotal. Wroblewski was one of the earliest execs at the firm, and she launched its original funds of funds practice, backing funds that could then go on to back companies that improve women’s lives. She chose to leave and launch a fund that would advance similar goals, with the idea that a fund directly investing in startups could “go faster” to back early-stage founders in the care economy. (Since then, Pivotal has also expanded its investing practice to directly backing a handful of startups itself, but it still focuses mainly on funds with 27 investments in funds as an LP and 13 in early-stage companies.)

Magnify’s Fund 1 was $52 million—which means it will now in total deploy close to $100 million into startups that are part of what it calls the care economy. With that $52 million, it made 21 investments; it hasn’t started investing out of Fund II yet.

“It’s a massive white space,” says Drake. (I couldn’t talk to Wroblewski because she just gave birth this month—following in the footsteps of Drake, who went into labor with twins two days after she closed $40 million to launch Al Gore’s Current TV in the 2000s.)

Magnify’s portfolio so far includes the caregiver support tech platform Nolia Health; the digital health platform MiSalud for Spanish-speaking families, which taps Mexico-based doctors for telehealth services; and the estate settlement tech platform Alix.

Pivotal’s senior director of investments Erin Harkless Moore describes Magnify as “one of the first to recognize this massive, under-resourced opportunity. “Their work reflects our conviction that an investment in caregiving is an investment in the economic opportunity, health, and well-being of American families,” she says.

The Magnify duo define the care economy broadly—beyond digital health, it might include cybersecurity protection (especially for vulnerable, or elderly, family members).

Drake sees an opportunity for tech solutions to problems that were once too big for startups to solve. “It is true, if you look three, four, five years ago, some of these areas by necessity required public and private and technology coordination to solve for, but we’re going to see all three factors coming together very rapidly,” she says. “There are all these pockets that I think are just really going to light up quickly.”

Emma Hinchliffe
emma.hinchliffe@fortune.com

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Serena Williams’ singles comeback comes to an end. Williams played her first singles match since 2022. She lost to Australian Maya Joint, but fans still roared to see her—and she’s expected to play doubles with Venus Williams later this week (minor knee injury permitting). 

Jane Fraser x Trump. Bloomberg reports on the Citi CEO’s relationship with the president. She is “building the kind of steady rapport with the mercurial president that has eluded many of her peers atop the largest US banks” and “opening up a new era for a firm once renowned for its network of allies in Democratic circles.” 

The Fortune 500 officially gets three Black female CEOs today. It’s Karen S. Carter’s start date at Dow. She joins TIAA’s Thasunda Brown Duckett and DTE’s Joi Harris as the three Black women leading Fortune 500 companies. 

A major SCOTUS mixup. NPR’s Nina Totenberg, the top Supreme Court reporter, erroneously reported that Justice Samuel Alito was retiring. NPR retracted the story, and Totenberg called it “the worst professional mistake of my more than 50 years of journalism.” 

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PARTING WORDS

“The work of democracy is never finished, and securing its future is our greatest calling.”

—Rep. Nancy Pelosi on building the nonpartisan Nancy Pelosi Institute for Representative Democracy at UC Berkeley

This is the web version of MPW Daily, a daily newsletter for and about the world’s most powerful women. Sign up to get it delivered free to your inbox.

About the Author

Emma Hinchliffe

By Emma HinchliffeMost Powerful Women Editor

Emma Hinchliffe is Fortune’s Most Powerful Women editor, overseeing editorial for the longstanding franchise. As a senior writer at Fortune, Emma has covered women in business and gender-lens news across business, politics, and cultur

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Chatham House: Germany ascending to lead NATO? What do people really think?

Posted on July 2, 2026 by michelleclarke2015
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Chatham House (Baroness Minouche): Universal Basic Income ‘I just don’t buy it … What may work is less hours. The average used to be 80 hrs, then dropping to 60 to 40, and now is around 35.

Posted on July 2, 2026 by michelleclarke2015
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History: 1964 President Johnson signs Civil Rights Act

Posted on July 2, 2026 by michelleclarke2015

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President Johnson signs Civil Rights Act

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Published: November 24, 2009 Last Updated: July 16, 2025

On July 2, 1964, U.S. President Lyndon B. Johnson signs into law the historic Civil Rights Act in a nationally televised ceremony at the White House.

In the landmark 1954 case Brown v. Board of Education, the U.S. Supreme Court ruled that racial segregation in schools was unconstitutional. The 10 years that followed saw great strides for the African American civil rights movement, as non-violent demonstrations won thousands of supporters to the cause.

Civil Rights Foot Soldiers

They will never get their names in the history books, yet the foot soldiers of the Civil Rights movement changed history for the better through their unsung acts of courage.

Memorable landmarks in the struggle included the Montgomery Bus Boycott in 1955—sparked by the refusal of Alabama resident Rosa Parks to give up her seat on a city bus to a white passenger—and the “I Have a Dream” speech by Martin Luther King Jr. at a rally of hundreds of thousands in Washington, D.C., in 1963.

As the strength of the civil rights movement grew, John F. Kennedy made passage of a new civil rights bill one of the platforms of his successful 1960 presidential campaign. As Kennedy’s vice president, Johnson served as chairman of the President’s Committee on Equal Employment Opportunities. After Kennedy was assassinated in November 1963, Johnson vowed to carry out his proposals for civil rights reform.

The Civil Rights Act fought tough opposition in the House and a lengthy, heated debate in the Senate before being approved in July 1964. For the signing of the historic legislation, Johnson invited hundreds of guests to a televised ceremony in the White House’s East Room.

After using more than 75 pens to sign the bill, he gave them away as mementoes of the historic occasion, in accordance with tradition. One of the first pens went to King, leader of the Southern Christian Leadership Conference (SCLC), who called it one of his most cherished possessions. Johnson gave two more to Senators Hubert Humphrey and Everett McKinley Dirksen, the Democratic and Republican managers of the bill in the Senate.

The most sweeping civil rights legislation passed by Congress since the post-Civil War Reconstruction era, the Civil Rights Act prohibited racial discrimination in employment and education and outlawed racial segregation in public places such as schools, buses, parks and swimming pools.

In addition, the bill laid important groundwork for a number of other pieces of legislation—including the Voting Rights Act of 1965, which set strict rules for protecting the right of African Americans to vote—that have since been used to enforce equal rights for women as well as all minorities and LGBTQ people.

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Axios: The court reigns supreme

Posted on July 2, 2026 by michelleclarke2015
The court reigns supreme
 
Illustration: Maura Losch/Axios

The Supreme Court spent its latest term sidelining Congress and amassing power for itself and the presidency, Axios’ Andrew Pantazi writes.

After the term that ended this week, Congress can no longer insulate regulators from the president, limit political parties’ spending, or require race-conscious voting districts.

The justices overturned precedents, second-guessed Congress and brushed aside facts found by lower courts.

Georgetown Law professor Steve Vladeck tells Axios: “The real headlineof the current term is, ‘Supreme Court rules for itself, 6–3.'”

⚖️ Some of the court’s most notable recent decisions:

Choosing which parts of the FTC to keep (the powers Congress gave it) and which to shed (the independence Congress designed).

Making it nearly impossible to use the Voting Rights Act to challenge maps diluting Black and Latino voting power.

Striking down limits on coordinated political party spending (which it had upheld in 2001).

Curbing Congress’ power to make state officials pay damages for violating federal funding laws.

Letting President Trump keep withholding $4 billion in congressionally appropriated foreign aid, at least for now.

Reality check: The president didn’t win everything this term.

Chief Justice John Roberts wrote all three major rulings against Trump: blocking emergency tariffs, sparing Fed governor Lisa Cook (for now), and rejecting the executive order ending birthright citizenship.

What’s next: Trump’s biggest defeat doubled as the term’s loudest warning.

Four justices were willing to say that Trump’s birthright citizenship order didn’t violate the 14th Amendment, which grants citizenship to all those born in the country.

Georgetown’s Vladeck says the fact that a position deemed “outlandish as recently as a decade ago” got four votes will “embolden” the next wave of once-fringe constitutional arguments.
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Ex-Zionist Trauma Expert: The Epstein Files & The Myth of Normal | Dr. Gabor Maté

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GZERO Media: Bill Maher thinks Democrats need to take back patriotism : Is patriotism bipartisan?

Posted on July 1, 2026 by michelleclarke2015

Jul 1, 2026 #gzeroworld#billmaher#america250

As America prepares to celebrate its 250th birthday, Bill Maher argues Democrats have made a mistake by allowing patriotism to become associated with Donald Trump and the political right. Subscribe to GZERO’s YouTube channel and turn on notifications (🔔):    / @gzeromedia   Sign up for GZERO’s free newsletters on global politics: https://www.gzeromedia.com/subscribe

Should patriotism belong to one political party? In this clip from GZERO World with Ian Bremmer, comedian and political commentator Bill Maher argues that Democrats have ceded too much ground by treating displays of national pride as inherently political. Maher says Americans shouldn’t boycott the country’s 250th birthday simply because President Trump is in office. “He doesn’t own the country. He doesn’t own the flag. He doesn’t own patriotism,” Maher says, arguing that celebrating America shouldn’t be viewed as an endorsement of any one politician. Maher acknowledges the country’s failures, but argues they should be understood alongside the ideals that have driven progress, including civil rights, women’s rights, and individual liberty. For him, patriotism isn’t about ignoring America’s flaws, it’s about believing the country is worth celebrating and worth improving.

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Fortune: Warren Buffett breaks from a ‘lifetime’ pledge to the Gates Foundation as the Epstein fallout deepens

Posted on July 1, 2026 by michelleclarke2015

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Warren Buffett breaks from a ‘lifetime’ pledge to the Gates Foundation as the Epstein fallout deepens

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June 30, 2026, 10:47 AM ET

Bill Gates (left) and Warren Buffett

Warren Buffett is distancing himself from Bill Gates.Getty Images—Spencer Platt

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The Bill Gates–Warren Buffett relationship is fraying.

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The Oracle of Omaha has reportedly paused his annual gift to the Gates Foundation because of the Microsoft cofounder’s ties to the late sex offender Jeffrey Epstein, according to the Wall Street Journal. 

People familiar with Buffett’s plans told WSJ Buffett is delaying his decision until later this year, possibly when he releases his annual Thanksgiving letter. This is a major change, considering Buffett, 95, made a “lifetime” pledge to the Gates Foundation and has historically donated billions in Berkshire shares each summer. 

Representatives for Buffett and the Gates Foundation didn’t immediately respond to Fortune’s request for comment.

Buffett wants to wait for the findings of a review the Gates Foundation has commissioned into its own ties to Epstein, per WSJ. The foundation has retained law firm WilmerHale to conduct it, with findings expected this summer. Buffett has given more than $47 billion to the foundation between 2006 and 2025, according to Reuters.

This pause is the latest sign of distance between Buffett and Gates, who were longtime friends and, along with Melinda French Gates, formed the Giving Pledge in 2010 to encourage fellow billionaires to give away the majority of their wealth. Their friendship has cooled, though, since the Justice Department’s Epstein files were released. 

Buffett told CNBC in March he hadn’t spoken with Gates since the files came out, adding that until the matter is cleared up, it doesn’t make sense “to do a lot of talking.”

“I don’t want to be under oath,” Buffett added.

Gates, in a June deposition before the House Oversight Committee, said he had met Epstein in 2011 and called the relationship a “grave error in judgment,” while denying he ever witnessed criminal conduct. 

“In the work I do, reputation is the basis for developing partnerships that save lives,” Gates said. “Meeting with Epstein was a grave error in judgment and put this work at risk. His behavior was antithetical to all my efforts to contribute to a world where everyone has a chance to live a healthy and productive life.”

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In early May, Gates also didn’t attend Berkshire Hathaway’s annual meeting—where he had served on the board until 2020—for the first time in years.

Melinda French Gates also distanced herself from the foundation

Gates’ own ex-wife, Melinda French Gates, has started distancing herself from the foundation ever since the flood of Epstein files was released. 

French Gates split from Gates in 2021 after nearly 30 years of marriage and resigned as cochair of what was then the $63 billion Bill & Melinda Gates Foundation in 2024, walking away with an additional $12.5 billion to commit to her own work on behalf of women and families. She now runs Pivotal, her independent foundation focused on gender equality and global health.

In a February interview with NPR, French Gates said Gates and others named in the files “have to answer” for what’s described in them—“not me.” 

The documents that surfaced in late January show Epstein drafted notes to and about Gates suggesting the billionaire had engaged in extramarital affairs—claims Gates’ representatives have repeatedly denied, calling them “absolutely absurd and completely false.” Subsequent Fortune reporting on the files traced how Epstein spent roughly a decade working to insert himself into Gates’ inner circle—directly and through intermediaries—and kept at it even after Gates stopped communicating with him. 

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Fears or obsessions about writing. Quote: Perfectionism/Just Right OCD focusing on writing involves fears about not writing things perfectly or in a highly specific manner. There may be concerns about incompleteness, spelling, or grammatical errors, or even worries that something harmful was put in a written document without realizing it. 

Posted on July 1, 2026 by michelleclarke2015

Fears or obsessions about writing

Published Sep 2, 2022 by

Danielle Henderson LPC, PSYD Clinically reviewed by Patrick McGrath, PhD

In this article

What is writing related OCD?

Perfectionism/Just Right OCD focusing on writing involves fears about not writing things perfectly or in a highly specific manner. There may be concerns about incompleteness, spelling, or grammatical errors, or even worries that something harmful was put in a written document without realizing it. 

There may be fears of being judged negatively (ex: being seen as incompetent, incapable, or unserious) or uncomfortable physical feelings associated with something not being right or perfect. Writing OCD can manifest digitally or with handwriting.

Perfectionistic tendencies are often considered to be ego-syntonic, meaning they are acceptable to one’s self, identity, and values, whereas other subtypes of OCD tend to be ego-dystonic (unacceptable to the self). This is an important distinction to make—often with perfectionism in OCD, people will express that it is a part of their personality or identity. With perfectionistic fears, we will have to reformulate our goals in therapy and learn to tolerate the possibility and uncertainty involved in things not being or feeling perfect—writing included.

In general, with perfectionism OCD, unwanted and intrusive thoughts are experienced around getting things perfect, and compulsions are performed to alleviate the distress and anxiety that comes with not getting things perfect. These fall outside the realm of what healthy perfectionism looks like, and since there is a lot of overlap, it can be tough to distinguish healthy vs unhealthy perfectionism. 

Writing OCD – Common obsessions

  • Fears of making mistakes or errors (spelling, grammar, etc)
  • Fears of accidentally putting something in document that could be misinterpreted or misunderstood
  • Worries or concerns about handwriting needing to look perfect or look a certain way
  • Feeling the urge to dot an i or cross a t perfectly
  • Intrusive feelings of imperfection, hesitation, or rhythmic disruption while writing or typing

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Common triggers for people with writing OCD include:

  • Writing, either typing or writing by hand
  • Sending text messages or emails
  • School work or work that involves writing
  • Having to write in front of people
  • Writing with time pressure or short deadlines

On a more broad basis, triggers for perfectionism and writing OCD include any situations where your work or performance are being evaluated, situations where you fear you may make a catastrophic mistake, or feelings that something terrible will happen if you aren’t able to perform to the perfectionistic standards OCD sets. These can appear across settings or contexts – meaning triggers can be present at work, school, and home. 

How can I tell if it’s OCD, and not just a part of who I am?

With perfectionistic fears, it can feel difficult to distinguish what’s OCD and what’s simply you striving to do well and do your best work. We can distinguish between the two when behaviors start becoming excessive, frustrating, stressful, or counterproductive, or begin interfering with other areas of your life. 

When writing starts taking up a substantial amount of time that falls outside of what seems reasonable, the idea of writing not being or feeling perfect causes distress, or this distress results in compulsions such as repetitive re-typing, it’s likely OCD. Other clues that it might be OCD include feeling stressed or anxious anytime writing comes up, feeling urges to re-check or redo your writing, or feeling physically uncomfortable when things do not align with unrealistic or impossible standards. 

One way to try to tease out if what you’re experiencing is perfectionism OCD is to ask yourself if you’re engaging in compulsive behaviors because you want to or because you feel like you have to. If you answered that you feel like you have to, if the compulsions are to prevent a bad outcome, or prevent judgment, then what you’re experiencing is likely OCD. 

Common compulsions

When people with Perfectionism/Just Right OCD focused on writing experience intrusive thoughts, images, feelings, or urges that cause distress, they may engage in a variety of mental or physical compulsions. Commonly, these include efforts to make their writing or written communication perfect, which can be frustrating and time consuming. 

Compulsions performed mentally or physically by people with writing OCD include:

  • Writing and rewriting by hand or when typing
  • Checking for mistakes or errors repeatedly
  • Asking others to review writing for mistakes, errors, etc.
  • Avoiding writing out of frustration or stress
  • Delaying sending, sharing, or posting written messages due to doubt

We can help you tackle your intrusive thoughts, no matter what they are

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How to treat fears about writing

Writing and perfectionism OCD fears can have a major impact on people who struggle with them, but it is highly treatable. By doing exposure and response prevention (ERP) therapy with an OCD specialist, you can start to feel relief from your symptoms. 

ERP for Perfectionism/Just Right OCD focused on writing includes gradually exposing you to fears and triggers related to things being imperfect or not right, not doing compulsions to correct writing errors, and then tolerating that discomfort. Some examples could be intentionally making mistakes or errors and not correcting them, writing things imperfectly, or writing things in a manner that may elicit some unwanted judgment. 

The goal is to teach you that you can handle feeling distressed and do not need to do a compulsion to alleviate that distress. In time, you will learn to deal with feelings of discomfort when faced with doubts, uncertainties, or physical sensations connected with writing, and you’ll be able to engage in writing without excessive anxiety or stress, and focus on what you find important when writing, rather than obsessive perfection.

Your therapist will be your coach and guide you through facing your fears and leaning into uncertainty. ERP is the gold standard of care and can help you to live a life that isn’t ruled by perfectionism and OCD’s unattainable standards. 

If you’re struggling with OCD, As an OCD specialist, I’ve used ERP to help many people regain their lives from OCD. I encourage you to learn about NOCD’s accessible, evidence-based approach to treatment with the NOCD care team to learn how a licensed therapist can help. At NOCD, all therapists specialize in OCD and receive ERP-specific training. ERP is most effective when the therapist conducting the treatment has experience with OCD and training in ERP.

We look forward to working with you.Topics Perfectionistic OCD

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Fidaro can’t see, store, or hand over your chats. Even if we wanted to. Comment: Something we all need to consider especially if you are creating Data. The biggest heist of data to be explain this concered the NHS data going back to the 1940’s switching into the hands of Palantir. Check up Jeremy Corbyn’s warnings about this.

Posted on July 1, 2026 by michelleclarke2015

@FidaroAI

Big AI: feed me your data. Fidaro: NOT TODAY

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