Why Combining For-Profit And Philanthropic Investment Can Succeed
Derek Handley discusses companies that mix capital from for-profit and philanthropic sources for social impact
Derek Handley is a social entrepreneur, philanthropist and author who recently launched Aera, a venture capital fund that invests in companies with a social mission. He co-founded Hyperfactory in 2001 and was the founding CEO of the B Team, a nonprofit leadership initiative created by Richard Branson. Handley also recently served as a Nazarian Wharton Social Innovator in Residence. In this Knowledge@Wharton interview, he spoke with Katherine Klein, a Wharton management professor and vice dean of the Wharton Social Impact Initiative, on the importance of vision and what it takes to make a difference.
Disclosure: This article is NOT an investment recommendation, more