IDEAS

How much does caregiving—from childcare to caring for elders—contribute to the U.S. economy? According to a report from Melinda French Gates’ Pivotal Ventures and support from Springbank. It’s $648 billion.

Listen to our co-founder and partner, Elana Berkowitz, discuss opportunities to keep women in the workforce right now, how Springbank is disrupting the way we think about caregiving, and what’s being overlooked when it comes to women’s health and investment today.

Over the next few decades, one of the largest wealth transfers in history will take place with women taking over more than $80 trillion in assets — that’s more than 3x U.S. GDP.

Venture capital alone hasn’t funded some of the largest companies. One of today’s most successful tech entrepreneurs was funded by massive infusions of investment from the federal government — Elon Musk received $4.9 billion in public subsidies for his companies, including SpaceX and Tesla.

Springbank’s Founding Partner Elana Berkowitz speaks with Caroline Hyde on Bloomberg Technology about the impact of 2022 SCOTUS ruling on Roe.

But this isn’t just a mommy issue, it’s an economic one. A study revealed that by 2030, the U.S. could lose a staggering $290 billion in GDP annually.