« The VC Asset Class Crisis Thing | Main | Diversion: Cycle Climbing, the McMurdo-South Pole Highway, etc. »

Latest Stories

• Full Text of Emergency Economic Stabilization Act (nee Bailout)
• Banking Leader List, Post WaMu/JPM
• Sneak Peek at Weekend Reading
• Beware the Leopard: The Credit Crisis's Long Arrival
• Bailout Text Summary

July 1, 2008

The Trouble with Social Investing

I like this quote from Andy Rappaport of August Capital about social investing -- the idea that you can do good via investing in social funds:

A lot of socially responsible funds have this idea that they’ll provide a social return, but you’ll have to accept a below-average financial return. I disagree. Once you give a business an opportunity to make a below-average return, you make it more likely it will.

Right on.

[via VCJ]

Sphere It   |   Digg it   |   Bookmark it   |   Stumble it   |   Facebook it