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Chelsea Clinton is in the very early stages of forming a venture capital firm

09 July 2020
Dan Ackermann

Chelsea Clinton is in the very early stages of forming a venture capital firm, Axios has learned from multiple sources.

What we’re hearing: The working name is Metrodora Ventures, after the author of the first medical text known to have been written by a woman (around 2,000 years ago in Greece).

Behind the scenes: Clinton has been kicking around the idea for several months, and has committed to investing in at least two startups.

  • One of them is a pregnancy support app called Poppy Seed Health.
  • Clinton is making the early commitments personally, and would roll them into the fund if it gets raised.
  • Also involved is Caroline Kassie, currently a partner with Blockchange Ventures, who plans to join Metrodora in the future.

To reiterate, the best way to describe Metrodora right now is embryonic.

  • Clinton is said to have not decided yet if she wants this to be her next full-time career move, but there is at least a draft pitch deck floating around and "Metrodora Ventures" was registered in New York back in April.
  • Plus, a Twitter account was just created which describes Metrodora as a "values conscious venture capital firm focused on health and learning businesses."
  • Clinton once worked at hedge fund Avenue Capital, and currently sits on the boards of Expedia Group, IAC/Interactive Corp., and VC-backed startup Nurx.

Clinton, through a spokesperson, declined comment.

Transcripts show George Floyd told police "I can't breathe" over 20 times

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Newly released transcripts of bodycam footage from the Minneapolis Police Department show that George Floyd told officers he could not breathe more than 20 times in the moments leading up to his death.

Why it matters: Floyd's killing sparked a national wave of Black Lives Matter protests and an ongoing reckoning over systemic racism in the United States. The transcripts "offer one the most thorough and dramatic accounts" before Floyd's death, The New York Times writes.

The state of play: The transcripts were released as former officer Thomas Lane seeks to have the charges that he aided in Floyd's death thrown out in court, per the Times. He is one of four officers who have been charged.

  • The filings also include a 60-page transcript of an interview with Lane. He said he "felt maybe that something was going on" when asked if he believed that Floyd was having a medical emergency at the time.

What the transcripts say:

  • Floyd told the officers he was claustrophobic as they tried to get him into the squad car.
  • The transcripts also show Floyd saying, "Momma, I love you. Tell my kids I love them. I'm dead."
  • Former officer Derek Chauvin, who had his knee on Floyd's neck for over eight minutes, told Floyd, "Then stop talking, stop yelling, it takes a heck of a lot of oxygen to talk."

Read the transcripts via DocumentCloud.