definition and comparison
How impact investments, venture philanthropy and flexible capital change the world, says Elena Boytsun, Investment Director, Central and Eastern Europe, Omidyar Group.
Four years ago, I had a unique opportunity to become an impact investor, starting work in one of the most famous world companies in this field. The Omidyar Network, a philanthropic investment company of Pierre Omidyar, founder of eBay, had already invested more than $ 1 billion in various projects, companies and non-profit organizations around the world.
My task was to structure the activities, business models and portfolios in Central and Eastern Europe for the fund. Having plunged deeply into this sphere, I understand more and more that the region’s financial system needs transformation of the post-Soviet countries financial system towards flexible capital, and impact investments and venture philanthropy are the most logical tools for this. Continue reading
How the instability and fluidity of the world can make you invulnerable.
“The world is changing,” I muse, starting to write this article. The world is changing, or rather, has already changed. Even about 10 years ago, interest in traditional Chinese culture was the destiny of only specialist synologists, lovers of oriental exoticism and rare people who devoted their whole life to China. And now … Nowadays, the amazing imagination (if you, reader, you have it) of economic growth and the rapidly growing political influence of the Celestial Empire have turned interest in Chinese culture from a bizarre passion into a practically necessary component of any economic, political and business strategy.
They write about China. They say about China. They argue about China. Cultural scientists, political scientists, futurologists, businessmen and journalists. And all these conversations, conversations, discussions have a common denominator: Chinese culture is extremely valuable for modern civilization, which has found itself in the world of VUCA. This is an unstable world, a turbulent world, and, most importantly, a world that will never be the same. In other words, it is better to say goodbye to stability and predictability. Forever and ever. Continue reading
We are thinking
Do you already know what kind of business you want to do, who is the consumer of your product or service and how will you sell them? It’s important for you to understand that the goal of a business is money, and this entire article is about them and how to think about them.
It is important for you to properly set up your thinking. When you think about your business, you are dreaming, and that is right. But there is a danger: a dream easily develops into an illusion. It’s easy to dream not only in the evening on the sofa, it’s also easy to draw ridiculous numbers on tablets. Type plan fabulous profits. Continue reading