Your Mark On The World
#388: Village Capital Works To Scale Social Ventures - Here's How
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:24:43
- More information
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Synopsis
Read the full Forbes article and watch the interview here: http://onforb.es/1WN1Akz. Subscribe to this podcast on iTunes by clicking here: http://bit.ly/ymotwitunes or on Stitcher by clicking here: http://bit.ly/ymotwstitcher. As I’ve been covering social entrepreneurship and impact investing for the past several years here, I’ve watched and come to know Village Capital as one of the real leaders in social entrepreneurship. Their peer-selected investment model is unique among the accelerators and incubators I’ve covered. Last week, Village Capital announced the formation of VilCap Communities, an effort to radically expand the peer-selected model. Ross Baird, Executive Director, is on a mission. Last week, he published a piece that was highly critical of the Silicon Valley model for venture finance. Afterward, he told me, “The way we fund new ideas today is broken–we send billions of dollars to a few people in a few well-off cities, who fund people they know and who are in their networks. As a result, 78%