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Rountree is experimenting with a strategy so antithetical to the venture ethos that most of the perceived tier one funds wouldn't even consider it.
The venture-capital ethos means instead that these social entrepreneurs are almost willfully blind to ideological issues.
Felix's investment philosophy runs counter to the ethos of most venture capitalists, who argue that their value to a start-up goes beyond money because they provide a wealth of resources in connections and knowledge.
Let's hope that in 2019, Silicon Valley will hold on to some of its ethos as a venture-funded sandbox for brilliant entrepreneurs who want to upend antiquated industries with proprietary tech inventions.
For decades venture capital firms stuck to a simple ethos of patience and seniority.
But Venture for America is tapping into a generational ethos that views the 20s as an age to experiment and to pick a passion over a big paycheck.
Relationship building and company building has been Marquardt's ethos as a VC; and he carried that view of venture capital to August Capital, the firm he co-founded with fellow TVI colleague John Johnston.
(Another two studios with a similar ethos are Kevin Rose's North and Garrett Camp's Expa. Rose has now left Google Ventures to focus on North full time, and it has just raised $5 million to continue its efforts).
There are hundreds of accelerators, labs and venture studios attached to major corporations, but Frontiers wants to set itself apart through an open-source ethos.
The service ethos was zero.
That ethos is clearly gone.
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