Archive - Gil Crawford


“An Investment Must Be Profitable For It To Have Impact.” (Discuss.)

We must remind ourselves, particularly in the midst of extremely compelling pitches, that we are investors, not philanthropists (some of us may be both, but to those special few I tip my hat). After all - as we have long argued - if a company is not profitable it is not sustainable. And if it is not sustainable, it cannot have long-term impact. And if it cannot have long-term impact… why are we labeling it an “impact investment”?...

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