Impact Investing 2.0 — What $3 Billion Tells Us About the Next $300 Billion
Thursday, September 5, 2013
Earlier this month in the Stanford Social Innovation Review (SSIR), Paul Brest and Kelly Born wrote a very thoughtful piece about the difficulty of achieving real impact alongside financial returns for impact investors. Their thesis was so provocative that over 18 of the world’s leading practitioners in impact investing responded by explaining the nature of this financial vs. impact dilemma from their own point of view. The responses show a landscape of honest and diverse experience, but it left the overall impression that the ongoing effort to use investment dollars to achieve both financial and social returns is elusive, with no coherent core of best practice.
This is simply not the case.