Impact Investing Is The New Skool
Venture capitalism used to be the cool kid of finance; high rollers could make or break the success of an innovative business idea, and make heaps of money in the process. Brands like Apple succeeded partly due to venture capitalism. Today, in its early stages, impact investing is being hailed as the new venture capitalism: it’s lucrative, multinational, and says British PM David Cameron, “a great force for social change”. In this article, Paula Goldman explores this new breed of investing, its founding father Sir Ronald Cohen, and how impact investing is changing the world.
iB Perspective
We see global issues as providing the same opportunities to innovate as the information revolution did 30 years ago. Events like London’s recent GIIN (Global Impact Investor’s Network) Forum are proof that investing in social enterprise has increasing presence and payoff in the world of commerce.
Impacting Investing: Harnessing the Power of Business for Social Good
By Paula Goldman
Originally Published by The Guardian on December 2nd, 2013
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