-
What Is eBay’s Omidyar Doing on Delhi’s MedTech Row?
Pierre Omidyar is best known as the founder of the online auction company e-Bay, which he grew from an “odd little Web site” to one of Web commerce’s biggest and longest-lasting success stories.
- Categories
- Impact Assessment, Investing
- Region
- South Asia
-
White House Hosts Innovation Forum for Philanthropists
More than 150 leaders in philanthropy and finance gathered at the White House on Thursday for a private meeting on “innovation in philanthropy” that featured Jean Case, chief executive of the Case Foundation, as a keynote speaker.
- Categories
- Uncategorized
-
(With Video): From SOCAP Europe – Why Giving Is Not Going Away
At last month’s SOCAP: Designing the Future in Malmö, Sweden, the role philanthropy should take in fostering a strong impact investing sector was one of the key focal points. Adding to the buzz was new report published by Monitor in collaboration with Acumen Fund, titled From Blueprint to Scale: The Case for Philanthropy in Impact Investing, the subject of a lively discussion from the forum.
- Categories
- Uncategorized
-
A Formula for Social Innovation?: Reflections from the UN Social Innovation Summit, 2012.
At last week’s United Nations Social Innovation Summit in New York, all manner of change agents - from social entrepreneurs, to philanthropists, industry titans, impact investors and celebrities stretched the confines of a term that, admittedly, gets thrown around haphazardly and can mean different things to different people. What exactly is “social innovation?”
- Categories
- Impact Assessment, Technology
-
NexThought Monday: Approach with Caution – Why Buffett, Gates, and the Giving Pledge Members Should Be Wary of Impact Investing
Many billionaires have signed on to the Giving Pledge, a pact pushed by software tycoon Bill Gates and value investor Warren Buffett for the super-rich to donate much of their wealth. Many are now turning their attention to impact investing. But large, individual investors have at least three reasons to approach the phenomenon of impact investing with caution.
- Categories
- Uncategorized
-
Guest Post: Silicon Valley Without Stanford? The Role of Philanthropy in Impact Investing
The focus on the proper mix of philanthropy and investment at the individual deal level can obscure even bigger and, I’d argue, more important issues facing the impact investment industry – lack of good deal flow. Lack of good deal flow will become a bigger problem as more capital is mobilized. Imagine Silicon Valley without Stanford. That is the state of the early-stage impact investing movement today.
- Categories
- Uncategorized
-
The Rockefeller Foundation at 100 Years: The Road Ahead
As part of its centennial celebrations The Rockefeller Foundation has launched various initiatives including the Innovation Challenges. Michael Myers, senior policy officer and director of Centennial Programming at The Rockefeller Foundation answered a few questions about the Innovations Challenge and the centennial.
- Categories
- Agriculture
-
How Tony Elumelu’s ‘Africapitalism’ Aims to Redefine African Economic Development
Tony Elumelu did not set out to create social change during his tenure at the helm of United Bank of Africa. "We wanted to democratize banking – at the time, it was an economic, not a social act,” he said during a keynote speech the Global Philanthropy Forum. Elumelu turned the failing Nigerian bank United Bank of Africa (UBA), which was purchased in 1997 for $5 million, into a multi-billion dollar financial services powerhouse. Elumelu is now taking his learnings from this experience to redefine strategies for African economic development.
- Categories
- Uncategorized