Barry Eggers discovered Snap as an investment opportunity through a kitchen-table conversation with his teenage daughter and her friends, ultimately bringing both Lightspeed and the founders' high school into a deal that delivered significant returns to the school's endowment. He formally incorporates "learning investments" into his strategy—making smaller early bets to understand emerging markets before doubling down on high-conviction themes—and serves on The Nature Conservancy's Investment Committee, applying venture capital thinking to environmental conservation finance. Barry Eggers discovered Snap as an investment opportunity through a kitchen-table conversation with his teenage daughter and her friends, ultimately bringing both Lightspeed and the founders' high school into a deal that delivered significant returns to the school's endowment. He formally incorporates "learning investments" into his strategy—making smaller early bets to understand emerging markets before doubling down on high-conviction themes—and serves on The Nature Conservancy's Investment Committee, applying venture capital thinking to environmental conservation finance.