---
title: Why Josh Wolfe Wants to Back Society’s Outcasts | Trends by The Hustle
description: Lux Capital co-founder Josh Wolfe shares insights on turning your outlandish idea into a winning business and trends he sees in a post-COVID world.
image: https://www.nlopchantamang.com/hubfs/Imported_Blog_Media/Josh-Wolfe-Jun-10-2021-07-08-16-59-PM.png
---

# Here it is

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## Why Josh Wolfe Wants to Back Society’s Outcasts | Trends by The Hustle

May 5, 2020

Josh Wolfe believes that society’s outcasts are the ones who hold the secret to human progress. And he’s dedicated his life to spotting them early. 

Wolfe is the co-founder and managing director of [Lux Capital](https://luxcapital.com/), a New York City-based early-stage venture firm whose guiding philosophy is “the more ambitious, the better.” Lux recently raised $1B across two new funds to invest in frontier technology companies that focus on areas such as neurostimulation, nuclear energy, and synthetic biology. ([*You can see Lux’s portfolio companies, including biotech startup Kallyope and 3D virtual reality firm Matterport, in action here.*](https://www.youtube.com/playlist?list=PL9blNW0RGhICZbiLZsI1i_1ebp9nYy58L))

Although Lux has maintained a relatively low profile over the years, the firm had a banner year in 2019 as two of its portfolio companies were scooped up in massive acquisitions. Auris Health sold to Johnson & Johnson for $3.4B, and CTRL Labs sold to Facebook for somewhere between $500m and $1B, producing big returns to the firm’s outside investors.

### About HubSpot

HubSpot (NYSE: HUBS) is a leading customer relationship management (CRM) platform that provides software and support to help companies grow better. The platform includes marketing, sales, service, and website management products that start free and scale to meet our customers’ needs at any stage of growth. Today, more than 100,000 customers across more than 120 countries use HubSpot’s powerful and easy-to-use tools and integrations to attract, engage, and delight customers.

Named Glassdoor’s #4 Best Place to Work in 2021, HubSpot has been recognized for its award-winning culture by Great Place to Work, Comparably, Fortune, Entrepreneur, Inc., and more. HubSpot was founded in 2006 and is headquartered in Cambridge, Massachusetts. The company’s thousands of employees work across the globe in HubSpot offices and remotely.

Learn more at [www.hubspot.com](https://www.hubspot.com/).

### Press Contact

Ellie Flanagan

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