Wednesday, April 27, 2016

The State Of Impact Investing: Is It A Houseboat Or Is It Brunch? - Forbes

The State Of Impact Investing: Is It A Houseboat Or Is It Brunch? - Forbes: "ince first getting engaged in the impact investing movement several years ago, I’ve participated in hundreds of dialogues ranging from one-on-one conversations, to college and business school classes, to large, institutional and conference gatherings in the thousands. From these experiences, two moments stand out in my mind with clarity, and both gave me pause. The first, at a conference of high net worth and philanthropically-minded individuals, I heard a humorous but cynical comment from a celebrated venture capitalist—it went something like this: “Impact investing is like a houseboat; it’s not a good house and it’s not a good boat.” Ouch… Do we ever have our work cut out for us if we are going to broaden this tent, I thought."



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