‘Woke, Inc.’ Author’s Startup to Take On BlackRock

Vivek Ramaswamy, who made his fortune in pharmaceutical startups before writing a book last year called “Woke, Inc.,” says he has raised $20 million to start a fund manager that would urge companies not to wade into hot-button social or environmental issues. Mr. Thiel invested both personally and through his Founders Fund, joined by Palantir Technologies Inc. co-founder Joe Lonsdale and other venture investors.

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Photo Credit: Brian Cahn/Zuma Press