Crystal Venture Partners reposted this
This morning’s 7.3 magnitude earthquake off the coast of California has triggered a tsunami warning for the San Francisco Bay Area. While the earthquake itself caused limited immediate damage, the tsunami threat highlights how seismic events create cascading risks. For those in the Bay Area and other affected regions: stay safe, follow official instructions, and prioritize higher ground. As someone who invests in risk and resilience, today’s events are a stark reminder of the vulnerabilities we face. The Pacific West is one of the most seismically active regions in the world, with a 95% chance of a major earthquake (≥6.7 magnitude) within 30 years. What makes this even more urgent is how disasters like today’s can compound. An earthquake doesn’t just shake the ground—it triggers tsunamis, damages infrastructure, and disrupts lives. This is why we invested in Bright Harbor, a company building critical tools to help families and businesses recover after disasters like earthquakes and tsunamis. Recovery is often confusing, slow, and bureaucratic. Bright Harbor is simplifying the process of navigating insurance claims, government aid, and community resources—because when disaster strikes, every moment matters. Events like today’s tsunami warning demand urgent action: - We need better disaster modeling and early warning systems. - Insurance products must be accessible and designed for modern risks. - Recovery tools like Bright Harbor need to be part of our community and business resilience plans. At Crystal Venture Partners, we’re focused on supporting companies like Bright Harbor that turn risk into resilience. Together, we can build a safer, more prepared future.