Carbon’s funds had long been oversubscribed. This meant that it could select its LPs and how many shares of its funds to ration out to each. It could choose to accept only the cleanest, classiest money. Carbon was allocating the highest returns on capital to the largest fortunes, but, more than that, it was investing in the change it wanted to see. It did this not only through its portfolios by selecting innovative start-ups but, perhaps more important, through its investors by selecting LPs whose endeavors would reinforce—rather than challenge—its worldview. A view shown thus on this slide: You can be as aggressive an investor as you want and do whatever it takes to achieve the highest returns (goal #1) so long as you give back and give well (goal #4). People were here because they believed in this gospel of wealth. Earn a lot first. Give a lot later. But who is to say that the process of earning won’t compromise the person doing the giving?