Philanthropy and venture capital in conversation with each other - Generocity Philly

Funding

Dec. 4, 2020 8:00 am

Philanthropy and venture capital in conversation with each other

Knight Foundation CEO Alberto Ibargüen and Venture Capitalist Austin Clements offer perspectives in this episode of the Off the Sidelines podcast, conducted during Generocity's ADVANCE conference.

(Technical.ly file image)

This article was originally published at our sister site, Technical.ly.
Venture capital and philanthropy are both methods of moving large amounts of money around the economy, but they usually do so with very different goals and strategies.

VC aims to beat the stock market and maximize returns. Philanthropy cares more about creating impact and change (and obeying the strict rules that govern its practice).

Despite these different lanes that philanthropy and venture capital occupy, there is a growing movement of thought that they are not so far apart, and that there are indeed many lessons that each can take from the other. Philanthropy ought to take lessons on investing in teams, not just ideas; private business investing ought to consider the impact its dollars have on the world.

That’s the focus of this week’s episode of Off the Sidelines, an investor education podcast produced by Technical.ly and sponsored by Project Entrepreneur, a program by UBS. Project Entrepreneur wants to improve the enabling environments for women founders and advance inclusive capital, which includes diversifying the pipeline of investors and supporters. Bringing VC and philanthropy closer together is one way to work toward achieving that.

The majority of the episode is comprised of a conversation between Knight Foundation CEO Alberto Ibargüen and Slauson & Co. Managing Partner Austin Clements, conducted at ADVANCE, Generocity‘s annual conference on creating smarter impact.

Listen to the episode to hear what each thinks their respective industry does well (and could do better), and whether enacting change requires concessionary returns or if advancing impact could be a strong investment thesis on its own.

We have more episodes coming up this season with conversations from notable figures throughout the investing world, so be sure to subscribe and keep up to date with all our episodes.

From our Partners

Follow the Off the Sidelines podcast here

Listen to episodes and subscribe here:

-30-
LEAVE A COMMENT

From our Partners

Nonprofits helped organize the pro-Trump rally before the Capitol siege – but they probably won’t suffer any consequences

COVID is ravaging the incarcerated. Where are the solutions?

Let’s agree to leave our assumptions about donors and potential donors behind

SPONSORED

Generocity Philly

Inscripción Doble en Congreso: Lo que trae el futuro

Fort Washington, PA

Public Health Management Corporation

Emotional Support Special Education Teacher

Apply Now
Philadelphia

Public Health Management Corporation

CUA CASE MANAGER

Apply Now
Philadelphia

Public Health Management Corporation

Psychiatrist

Apply Now

Nonprofit leaders, mayor react to executive actions that will be issued by President Biden today

Community advocates make the case for equitable housing in the spirit of Dr. King

Generocity.org and hiring experts Jane.HR to launch Generocity Nonprofit Leadership Search program

SPONSORED

Generocity Philly

Dual Enrollment at Congreso: Where does it go from here?

Philadelphia

The Lenfest Institute for Journalism

BUSINESS AND PROGRAMS ANALYST

Apply Now
Philadelphia

Ceiba

AmeriCorps Service Opportunity with Ceiba

Apply Now
Philadelphia, PA

Public Health Management Corporation

Case Management Supervisor

Apply Now

Sign-up for daily news updates from Generocity