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-

From our Partners

Uniting for a Just Philadelphia

Empowering Legacies: Celebrating Black Philanthropy Month in Philadelphia

Coalitions: True Partnership or Impossible Relationship?

SPONSORED

Generocity Philly

Meet Kim Andrews, new executive director for The Fund for Women and Girls

Philadelphia,PA

DiverseForce

Director of Communications

Apply Now
8033 Germantown Avenue Philadelphia, PA 19118

harp-weaver LLC

Administrative & Grants Associate

Apply Now
Hamilton, NJ

Grounds For Sculpture

Manager of Wellness Programs

Apply Now

Standing in the Gaps

The Intersection of Philanthropy and Government

SPONSORED

Generocity Philly

Be the leader to bring a 26-year mission into the future in Chester County

Central Pennsylvania

Pennsylvania Prison Society

Prison Monitoring Manager

Apply Now
Philadelphia, PA

Play On Philly

Director of Education

Apply Now
Philadelphia

Ceiba

Bilingual Program Coordinator

Apply Now
   
       
       

Subscribe to Generocity

       
* indicates required