After decades of government aid programs, philanthropy, massive development projects and more, poverty and hunger are still rampant worldwide; water, sanitation and health are all scarce.
The Acumen Fund is one of the bright stars of a new model that blends venture capital with a longer-term approach to returns: so-called “patient capital.” Here’s a recent video of theirs.
With Sasha Dichter, Acumen’s director of business development, let’s discuss:
- What returns do philanthropic investors expect? others?
- How does patient capital foster innovative approaches?
- What’s the “best available charitable option” anyhow?
- What will it take to end poverty in our lifetimes?
Here’s the podcast: Yi-Tan Call 259: Acumen Fund (summary)