The Trouble With Impact Investing (3-part series)

Studies and surveys point to huge sums poised to flow into impact investment. I find that it’s more useful to watch what people do rather than listen to what they say. And what they’re doing is . . . not that much. Startup for-profit social entrepreneurs have a hard time getting funded at all, while impact investors pile onto a very few enterprises that seem like safe bets. (The TONIIC group provides a refreshing counter-example…).

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