Saving the World with Startups

On a recent business trip trying to drum up support for RSCM, someone asked Dave and me why such obviously talented guys were starting a fund instead of a company. I’ve been thinking about that question for the last week and have a much better answer than the one I gave. I want to make the world a...

Announcing a new kind of Angel Investment Fund

Today, Rafe and I launched new angel fund aimed at for-profit social entrepreneurs. It’s called Presumed Abundance and it’s going to make people think about what it really means to invest in people. Have a look. Let us know what you...

Help Wanted: Social Capital Uncontractors

Are you struggling to pay for your food/home/whatever, or do you know someone who is? If you can convince someone you are a superstar, there’s a way out.  But if you are having trouble making that case, then maybe you’d consider becoming a Social Capital Uncontractor.  What’s that, you...

$100,000 Reward: Y Prize

Inspired by the X Prize, Y Combinator’s “Startup Ideas We’d Like to Fund” and Kickstarter, I am offering a $100K prize in three parts: $10K for Crowdsourced X Prizes Platform Allows anyone to offer a cash prize for achieving a goal they want achieved Allows anyone to pledge...

“Social Entrepreneurship has Complexity Written All Over It”

That’s the title and conclusion of this paper by Jeffrery Goldstein et al which was presented at  this talk at the Skoll Foundation International Social Innovation Conference 2009.  Here’s a slide from that talk that I like: If you like the theme of “Social Entrepreneurship, Systems...

Investing in Superstars

Imagine you are in your early twenties, out of college several years and your best friend, who recently came into an inheritance of $300K cash told you they could think of no better way to invest the money than to invest it in you.  Not the company you started, not as a loan, but invest it in YOU, as if you...

Daniel Nocera’s Gift

http://www.vimeo.com/8194089 I just saw the most important talk I have seen in 300+ TED, Pop!Tech, etc talks that I’ve watched.  And at the risk of hyperbole, I will say that the worst case scenario is that Daniel Nocera simply wins a Nobel Prize (and yes, I’m willing to bet at even odds that it...

Switching Government Service Providers

Ever wish you could reinvent the entire systems of government you live under without starting a costly war, revolution or having to win an election?  No?  Well, Patri Friedman has (wondered, that is).  And so has a growing number of seasteaders, ordinary folks (and the occasional PayPal billionaire).  Or...

A Theory of Scalability

One of the hidden themes of The Feast this past week has been how to scale successful social ventures.  This has been on my mind a lot recently as I have been working informally with both Self Enhancement, Inc. (SEI) and Decision Education Foundation (DEF) on this puzzle.  SEI is extremely successful...

Equity Micro-Investing

I’ve been having a serious discussion with two colleagues of mine about closing the gap that exists between two groups: People of my generation (40 and older) who have capital they want to invest in innovation but only know the VC for-profit-only value model and don’t have any true view into or...

Coolest Bike in Town!

Mike Ritchey of mountain bike fame is helping Rwandan coffee farmers cut the transport time (increasing their selling price) from the field to the washing stations by providing them with custom “Coffee Bikes” on a micro loan basis. These bikes replace the wooden bikes (including wheels) that...

Robin Hood Foreclosure Fund

Have you ever heard of anyone selflessly helping out a stranger by buying their house at a bank foreclosure auction and just giving it back to them?  Well, now you have. More likely, you’ve probably heard of private investors taking advantage of the banks’ unwillingness (or inability) to deal...

The Good, The Bad & The Ugly

A few articles on the economy that were sent my way recently. The Good: After Capitalism (Geoff Mulgan) “The era of transition that we are entering will be disruptive—but it may bring a world where markets are servants, not masters.”  I urge you to read this entire article, and leave your...

How to Change the Climate in 3 Years

Oh, and re-grow the rainforrest, strengthen the social, political and economic climate, save endangered species and increase biodiversity and resilliance all at the same time without any...

The Challenge

Here’s a contest model for spurring innovation that I’d like to explore: 50 participatns ante a pre-determined amount of money Each participant submits original work (of a pre-determined type) Each participant votes for one winner (other than themselves) Winner gets the money ...

Social Entrepreneurship Tax Credit

I typed “social entrepreneurship tax credit” into Google and the top result was this page on BarackObama.com.  There are some good ideas there, and I hope they get implemented once he takes office.  But I’d like to see even more. ...