Matt Dalio Raises $23 Million For Altruistic Endeavor With Capitalistic Edge

Matt Dalio raises capital to fund his social mission, but will it turn a profit as well?

Bridgewater Associates founder Ray Dalio is known for creating a nonconventional work environment and delivering some of the most noncorrelated performance results in the history of major equity funds. Now it is the younger Dalio, son Matt, who has the opportunity to create a unique work environment of his own. Matt Dalio’s San Francisco-based start-up, Endless Mobile, just received a multi-million dollar round of funding as it embarks on a mission to empower the developing world through inexpensive computer adoption. Tony Robbins is an advisor to the company.