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Key people at End Poverty. Make Trillions..
Founded in 2021 by Darryl Finkton Jr, End Poverty Make Trillions is an Indianapolis, Indiana venture capital fund and advocacy movement focused on eradicating domestic poverty. The organization operates with a target fund size of $1 billion and has already raised over $200 million for its initial close. To date, the firm has invested its capital in 15 companies operating across sectors like health technology, telehealth for opioid addiction, job platforms for former offenders, and student debt tools. Beyond direct venture investments, the group actively promotes the Seed Money Act to provide unconditional grants to those below the federal poverty line, projecting an $8 trillion economic return over ten years. To advance its universal basic income objectives and promote its 2023 book release, the hybrid organization has collaborated with prominent institutions like the Harvard Club and SPUR.
End Poverty. Make Trillions (EPMT) is a mission-driven organization and investment movement founded to eradicate poverty through inclusive capitalism, primarily via the "Seed Money Act"—a proposal for unconditional federal grants to U.S. households at the federal poverty guideline level, taxed back from higher earners, projected to yield an $8 trillion return over 10 years while lifting 34 million Americans out of poverty and saving 1.7 million lives.[3][4][5] It combines impact investing with financial returns, notably deploying over $30M into African tech startups at the Seed stage (e.g., $30M in Uganda's Asaak mobile money platform and $125K in Nigeria's VendEase), while advocating for universal basic income (UBI) pilots and policy reform in the U.S.[1][2][4] EPMT's dual focus on direct investments and educational organizing positions it as a hybrid investor-activist entity, emphasizing poverty's $1 trillion annual economic cost in the U.S. alone.[3][5]
EPMT was founded by Darryl W. Finkton Jr., a Rhodes Scholar (Harvard '10 in Neurobiology and African-American Studies; Oxford in Epidemiology and Public Health) who rose from poverty in Indianapolis to co-founding a $200M+ public/private equity fund, working at McKinsey, Evolent Health, and Genentech before dedicating himself full-time in 2021.[3][4] The idea emerged from Finkton's personal journey and research into poverty's societal costs, culminating in his book *End Poverty. Make Trillions* and the Seed Money Act proposal, which reframes anti-poverty aid as high-ROI "seed grants."[4][5] Early traction included a Harvard Club event in 2022 discussing U.S. poverty eradication, SPUR talks on economic growth via grants, and investments starting around 2021 in African startups like VendEase (March 2021) and Asaak (January 2022).[1][3][5] Finkton also launched a UBI pilot with participant stories on YouTube's Basic Income Works channel.[4]
EPMT rides the impact investing and UBI wave in tech-finance, aligning with fintech booms in Africa (e.g., mobile money amid 600M+ unbanked) and U.S. post-pandemic inequality debates, where poverty costs $1T yearly and claims 170K lives.[1][3][5] Timing is ideal amid rising venture interest in social good—Seed rounds in high-growth markets like Uganda/Nigeria—and blockchain/UBI experiments (e.g., Democracy Earth ties).[1][4] Market forces favoring EPMT include donor-backed endowments avoiding stocks for problem-solving assets, plus policy momentum from pilots proving UBI's efficacy.[2][4][6] It influences the ecosystem by humanizing poverty data for investors, fostering steward networks via Inclusive Capitalism Council, and bridging U.S. reform with African startup scaling.[2]
EPMT's next phase likely scales U.S. advocacy—pushing Seed Money Act federally post-2024 elections—while expanding African portfolio amid fintech surges, potentially hitting $100M+ AUM with proven returns.[1][4][6] Trends like AI-driven impact metrics, global UBI via crypto, and ESG mandates will amplify its model, evolving from niche fund to mainstream poverty-finance blueprint.[4][6] As Finkton scales from hedge fund to global steward, EPMT could redefine "trillions" not just as profit, but as the ultimate inclusive capitalism hook—ending poverty while minting wealth.[2][3]
Key people at End Poverty. Make Trillions..
