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If You’re Out to Change the World, How Do You Know When to Move On?
A certain phrase has gained currency in my world lately: the notion that a social enterprise must have an "exit strategy." Social enterprises, of course, are organizations designed primarily to yield social versus financial value. But here the community is borrowing a term from traditional venture capitalists, who know that a big part of maximizing returns is having a plan for when and how to end one's involvement in a venture and invest resources elsewhere.
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Opinion: An AIDS-free generation is within sight
We've come a long way since my early days as the associate medical director of the AIDS clinic at San Francisco General Hospital in the 1980s and 1990s.By 1990, I had seen over 500 patients die from a disease that we just couldn't treat. As an infectious disease doctor, I was overcome not only by the tragic loss of life, but also by the inability to find the "magic bullet" to help prevent these deaths.
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- Health Care
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Five reasons social enterprises fail: from obsessive founders to ‘perfect’ plans
After the collapse of his own social enterprise, Matthew Cain wanted to know what makes a social business a success.
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Women Entrepreneurs Becoming Force in the Developing World
You may not have heard of the "third billion," but you may one day feel their impact. The third billion is a term used to describe the billion women, mostly from emerging markets, who will join the global economy as employees, employers and entrepreneurs over the next decade.
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‘Africapitalism’ Promises New Model of African Self-Empowerment
For investors seeking profits, Africa is impossible to ignore.Sub-Saharan Africa has six of the world's 10 fastest-growing economies over the past decade; glossy conferences, heads of state, and private funds all tout the huge returns possible for investing money on the continent.
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- Region
- Sub-Saharan Africa
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Comment: The Middle East plague goes global
A scary virus is sweeping Saudi Arabia. Six million religious pilgrims are about to descend on the country from across the world. The result could be disastrous, write Laurie Garrett and Maxine Builder.
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- Health Care
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- North Africa & Near East
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Does Impact Investing Work? Vital Capital Case Study Shows It Does
When General Wesley K. Clark first heard about the idea of impact investing, he was skeptical. One trip to Angola convinced him that it had the potential to lift people out of poverty in ways that philanthropy and humanitarian aid could not. “This is the only way it will work,” he told me.
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- impact investing
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Renewable energy marks Kerry visit to India
U.S. Secretary of State John Kerry wrapped up on Tuesday his first visit to India with the highlight of a $100 million loan guarantee program by USAID on private sector financing for clean energy under the Development Credit Authority.
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- South Asia
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- renewable energy