Omidyar Network is a philanthropic investment firm dedicated to creating opportunity for people to improve their lives. We provide grants to non-profits and invest in innovative organizations that are advancing economic and social change.
eBay founder Pierre Omidyar and wife Pam established Omidyar Network based on their conviction that every person has the power to make a difference. Our work enables people to discover that power, improve their own lives, and make lasting contributions to their communities.
The formation of Omidyar Network was inspired by Pierre’s experience at eBay, which he founded in 1995 based on his beliefs in the potential of individuals and the power of markets. Starting from the premise that people are basically good, Pierre created a platform that gave everyone equal access to information, opportunity, and the tools to pursue their goals. eBay allowed people to connect with others over shared interests and provided them incentives, like public feedback, to engage constructively with trading partners, thereby owning their marketplace reputation and ultimate success.
Those principles of access, connection, and ownership influenced the Omidyars’ approach to philanthropy. While eBay was still a young company, Pierre and Pam co-founded The Omidyar Foundation to support nonprofits. Watching eBay scale in size and social impact solidified their belief that business could also be an effective tool for making the world a better place. In response, they broadened their scope to form Omidyar Network, which relies on both nonprofit grants and for profit investments to address of the world’s most pressing problems. The cornerstones of our portfolio are economic advancement and individual participation, which we pursue through five initiatives: Consumer Internet & Mobile, Entrepreneurship, Financial Inclusion, Government Transparency, and Property Rights.
Because we are inspired by people’s resourcefulness, ideas, and ability to address even the world’s most challenging problems, we believe that no matter what their economic, social, or political starting point, people everywhere can be empowered to improve their own lives and the lives of those around them.
Omidyar Network is part of The Omidyar Group. Pierre’s recent announcement of his new media venture is an expression of his long-held interests in and passions for journalism, media, and transparency. The venture operates independently from Omidyar Network and the Omidyars’ other philanthropies. Click here for more information about the new venture. For more information about the Omidyars’ personal, professional, and philanthropic interests, visit The Omidyar Group.