innovation, funds, startups
University of Michigan Social Venture Fund Comes Out of Stealth, Aims to Invest in Companies at the Nexus of Public and Private
Erin Kutz 9/27/10
“Social shouldn’t be viewed as soft,” says University of Michigan finance professor Gautam Kaul. “Unfortunately, soft and social tend to go together in people’s perceptions.”
But Social Venture Fund, a new investing vehicle out of the University of Michigan that came out of stealth mode just last week, is taking a hard look at social inequality—and is out to prove that investments targeted at ameliorating it can make money. “We want to use rigor in measuring social impact and making investments that are real,” says Kaul, the managing director of the fund.
A handful of students approached him a year and a half ago with the idea for a social venture fund, as a new business model to help solve real-world problems, he says. He made the team formally pitch the idea to him (much in the same fashion entrepreneurs present to investors), to prove the concept went beyond a philanthropic idea, and had the potential to also generate returns.
Social Venture Fund’s team, which is now expanding and could reach a total of 30 students, has been working over the past year to develop the vision for the project and the types of companies it will invest in, Kaul says. The fund adds to the university’s group of student-run funds—the Frankel Commercialization Fund and Wolverine Venture Fund, which has had four successful exits, including an IPO. Unlike the other student-run funds at the university, Social Venture Fund didn’t start with money, Kaul says. “We felt that this was too important to wait on trying to raise money for something.” The 2010 MBA class at the school has already pledged its gift to the Social Venture Fund, which is also working on a big fundraising push.
Broadly, Kaul’s team envisions its investments falling into a handful of sectors: education, food and nutrition, health, finance, the environment, and urban revitalization. He says the team is particularly interested in looking at companies that fuse the latter two concepts, and work on solving problems that are often left to the government.
“We want to create a new type of organization that does not worry only about money making, but worries about policy and impact on society,” he continues. To do that, Social Venture Fund is looking at companies that …Next Page »
Erin Kutz is an Assistant Editor for Xconomy. You can reach her by e-mail at ekutz@xconomy.com or by phone at (617) 252-0700.
Getting out of recessions is much like the old joke that if you treat a cold, you'll get over it in seven days; otherwise, it takes a week. If government helps, a recession lasts four quarters, but if it doesn't, the recession lasts a year. The trouble is, the government helped a lot this time (TARP, multiple stimuli), and the recession lasted a year and a half, longer than usual. We are supposed to trust the experts that things would have been even worse without their help.
eric seiger dermatologist
T-Mobile Reducing Data Cap, Will Throttle Speeds After 5GB Of <b>...</b>
Bad news for those of you that use more than 5GB of data each month. Starting October 16th, T-Mobile will enforce a new policy that will reduce data speeds.
Yankees ALCS <b>News</b> - Pinstripe Alley
Yankees ALCS news and notes. ... Yankees ALCS News. Babe-ruth-and-lou-gehrig_tiny by Brandon C. on Oct 13, 2010 10:00 PM EDT in News � Tweet � 24 comments; Story-email Email; Printer Print. Texas Rangers grounds crew employee Don Crymes ...
<b>News</b> Corp. Shareholder Objects to G.O.P. Donations - NYTimes.com
A private foundation owning stock in the News Corporation sent a letter objecting to company's contributions to Republican causes.
eric seiger
innovation, funds, startups
University of Michigan Social Venture Fund Comes Out of Stealth, Aims to Invest in Companies at the Nexus of Public and Private
Erin Kutz 9/27/10
“Social shouldn’t be viewed as soft,” says University of Michigan finance professor Gautam Kaul. “Unfortunately, soft and social tend to go together in people’s perceptions.”
But Social Venture Fund, a new investing vehicle out of the University of Michigan that came out of stealth mode just last week, is taking a hard look at social inequality—and is out to prove that investments targeted at ameliorating it can make money. “We want to use rigor in measuring social impact and making investments that are real,” says Kaul, the managing director of the fund.
A handful of students approached him a year and a half ago with the idea for a social venture fund, as a new business model to help solve real-world problems, he says. He made the team formally pitch the idea to him (much in the same fashion entrepreneurs present to investors), to prove the concept went beyond a philanthropic idea, and had the potential to also generate returns.
Social Venture Fund’s team, which is now expanding and could reach a total of 30 students, has been working over the past year to develop the vision for the project and the types of companies it will invest in, Kaul says. The fund adds to the university’s group of student-run funds—the Frankel Commercialization Fund and Wolverine Venture Fund, which has had four successful exits, including an IPO. Unlike the other student-run funds at the university, Social Venture Fund didn’t start with money, Kaul says. “We felt that this was too important to wait on trying to raise money for something.” The 2010 MBA class at the school has already pledged its gift to the Social Venture Fund, which is also working on a big fundraising push.
Broadly, Kaul’s team envisions its investments falling into a handful of sectors: education, food and nutrition, health, finance, the environment, and urban revitalization. He says the team is particularly interested in looking at companies that fuse the latter two concepts, and work on solving problems that are often left to the government.
“We want to create a new type of organization that does not worry only about money making, but worries about policy and impact on society,” he continues. To do that, Social Venture Fund is looking at companies that …Next Page »
Erin Kutz is an Assistant Editor for Xconomy. You can reach her by e-mail at ekutz@xconomy.com or by phone at (617) 252-0700.
Getting out of recessions is much like the old joke that if you treat a cold, you'll get over it in seven days; otherwise, it takes a week. If government helps, a recession lasts four quarters, but if it doesn't, the recession lasts a year. The trouble is, the government helped a lot this time (TARP, multiple stimuli), and the recession lasted a year and a half, longer than usual. We are supposed to trust the experts that things would have been even worse without their help.
eric seiger dermatologist
T-Mobile Reducing Data Cap, Will Throttle Speeds After 5GB Of <b>...</b>
Bad news for those of you that use more than 5GB of data each month. Starting October 16th, T-Mobile will enforce a new policy that will reduce data speeds.
Yankees ALCS <b>News</b> - Pinstripe Alley
Yankees ALCS news and notes. ... Yankees ALCS News. Babe-ruth-and-lou-gehrig_tiny by Brandon C. on Oct 13, 2010 10:00 PM EDT in News � Tweet � 24 comments; Story-email Email; Printer Print. Texas Rangers grounds crew employee Don Crymes ...
<b>News</b> Corp. Shareholder Objects to G.O.P. Donations - NYTimes.com
A private foundation owning stock in the News Corporation sent a letter objecting to company's contributions to Republican causes.
eric seiger do
eric seiger dermatology
eric seiger dermatologist
T-Mobile Reducing Data Cap, Will Throttle Speeds After 5GB Of <b>...</b>
Bad news for those of you that use more than 5GB of data each month. Starting October 16th, T-Mobile will enforce a new policy that will reduce data speeds.
Yankees ALCS <b>News</b> - Pinstripe Alley
Yankees ALCS news and notes. ... Yankees ALCS News. Babe-ruth-and-lou-gehrig_tiny by Brandon C. on Oct 13, 2010 10:00 PM EDT in News � Tweet � 24 comments; Story-email Email; Printer Print. Texas Rangers grounds crew employee Don Crymes ...
<b>News</b> Corp. Shareholder Objects to G.O.P. Donations - NYTimes.com
A private foundation owning stock in the News Corporation sent a letter objecting to company's contributions to Republican causes.
eric seiger dermatologist
innovation, funds, startups
University of Michigan Social Venture Fund Comes Out of Stealth, Aims to Invest in Companies at the Nexus of Public and Private
Erin Kutz 9/27/10
“Social shouldn’t be viewed as soft,” says University of Michigan finance professor Gautam Kaul. “Unfortunately, soft and social tend to go together in people’s perceptions.”
But Social Venture Fund, a new investing vehicle out of the University of Michigan that came out of stealth mode just last week, is taking a hard look at social inequality—and is out to prove that investments targeted at ameliorating it can make money. “We want to use rigor in measuring social impact and making investments that are real,” says Kaul, the managing director of the fund.
A handful of students approached him a year and a half ago with the idea for a social venture fund, as a new business model to help solve real-world problems, he says. He made the team formally pitch the idea to him (much in the same fashion entrepreneurs present to investors), to prove the concept went beyond a philanthropic idea, and had the potential to also generate returns.
Social Venture Fund’s team, which is now expanding and could reach a total of 30 students, has been working over the past year to develop the vision for the project and the types of companies it will invest in, Kaul says. The fund adds to the university’s group of student-run funds—the Frankel Commercialization Fund and Wolverine Venture Fund, which has had four successful exits, including an IPO. Unlike the other student-run funds at the university, Social Venture Fund didn’t start with money, Kaul says. “We felt that this was too important to wait on trying to raise money for something.” The 2010 MBA class at the school has already pledged its gift to the Social Venture Fund, which is also working on a big fundraising push.
Broadly, Kaul’s team envisions its investments falling into a handful of sectors: education, food and nutrition, health, finance, the environment, and urban revitalization. He says the team is particularly interested in looking at companies that fuse the latter two concepts, and work on solving problems that are often left to the government.
“We want to create a new type of organization that does not worry only about money making, but worries about policy and impact on society,” he continues. To do that, Social Venture Fund is looking at companies that …Next Page »
Erin Kutz is an Assistant Editor for Xconomy. You can reach her by e-mail at ekutz@xconomy.com or by phone at (617) 252-0700.
Getting out of recessions is much like the old joke that if you treat a cold, you'll get over it in seven days; otherwise, it takes a week. If government helps, a recession lasts four quarters, but if it doesn't, the recession lasts a year. The trouble is, the government helped a lot this time (TARP, multiple stimuli), and the recession lasted a year and a half, longer than usual. We are supposed to trust the experts that things would have been even worse without their help.
eric seiger dermatologist
eric seiger dermatologist
T-Mobile Reducing Data Cap, Will Throttle Speeds After 5GB Of <b>...</b>
Bad news for those of you that use more than 5GB of data each month. Starting October 16th, T-Mobile will enforce a new policy that will reduce data speeds.
Yankees ALCS <b>News</b> - Pinstripe Alley
Yankees ALCS news and notes. ... Yankees ALCS News. Babe-ruth-and-lou-gehrig_tiny by Brandon C. on Oct 13, 2010 10:00 PM EDT in News � Tweet � 24 comments; Story-email Email; Printer Print. Texas Rangers grounds crew employee Don Crymes ...
<b>News</b> Corp. Shareholder Objects to G.O.P. Donations - NYTimes.com
A private foundation owning stock in the News Corporation sent a letter objecting to company's contributions to Republican causes.
eric seiger dermatology
skin
and vein center
T-Mobile Reducing Data Cap, Will Throttle Speeds After 5GB Of <b>...</b>
Bad news for those of you that use more than 5GB of data each month. Starting October 16th, T-Mobile will enforce a new policy that will reduce data speeds.
Yankees ALCS <b>News</b> - Pinstripe Alley
Yankees ALCS news and notes. ... Yankees ALCS News. Babe-ruth-and-lou-gehrig_tiny by Brandon C. on Oct 13, 2010 10:00 PM EDT in News � Tweet � 24 comments; Story-email Email; Printer Print. Texas Rangers grounds crew employee Don Crymes ...
<b>News</b> Corp. Shareholder Objects to G.O.P. Donations - NYTimes.com
A private foundation owning stock in the News Corporation sent a letter objecting to company's contributions to Republican causes.
Dr. eric seiger
T-Mobile Reducing Data Cap, Will Throttle Speeds After 5GB Of <b>...</b>
Bad news for those of you that use more than 5GB of data each month. Starting October 16th, T-Mobile will enforce a new policy that will reduce data speeds.
Yankees ALCS <b>News</b> - Pinstripe Alley
Yankees ALCS news and notes. ... Yankees ALCS News. Babe-ruth-and-lou-gehrig_tiny by Brandon C. on Oct 13, 2010 10:00 PM EDT in News � Tweet � 24 comments; Story-email Email; Printer Print. Texas Rangers grounds crew employee Don Crymes ...
<b>News</b> Corp. Shareholder Objects to G.O.P. Donations - NYTimes.com
A private foundation owning stock in the News Corporation sent a letter objecting to company's contributions to Republican causes.
eric seiger
T-Mobile Reducing Data Cap, Will Throttle Speeds After 5GB Of <b>...</b>
Bad news for those of you that use more than 5GB of data each month. Starting October 16th, T-Mobile will enforce a new policy that will reduce data speeds.
Yankees ALCS <b>News</b> - Pinstripe Alley
Yankees ALCS news and notes. ... Yankees ALCS News. Babe-ruth-and-lou-gehrig_tiny by Brandon C. on Oct 13, 2010 10:00 PM EDT in News � Tweet � 24 comments; Story-email Email; Printer Print. Texas Rangers grounds crew employee Don Crymes ...
<b>News</b> Corp. Shareholder Objects to G.O.P. Donations - NYTimes.com
A private foundation owning stock in the News Corporation sent a letter objecting to company's contributions to Republican causes.
how to lose weight fast big seminar 14
big seminar 14
big seminar 14
big seminar 14
T-Mobile Reducing Data Cap, Will Throttle Speeds After 5GB Of <b>...</b>
Bad news for those of you that use more than 5GB of data each month. Starting October 16th, T-Mobile will enforce a new policy that will reduce data speeds.
Yankees ALCS <b>News</b> - Pinstripe Alley
Yankees ALCS news and notes. ... Yankees ALCS News. Babe-ruth-and-lou-gehrig_tiny by Brandon C. on Oct 13, 2010 10:00 PM EDT in News � Tweet � 24 comments; Story-email Email; Printer Print. Texas Rangers grounds crew employee Don Crymes ...
<b>News</b> Corp. Shareholder Objects to G.O.P. Donations - NYTimes.com
A private foundation owning stock in the News Corporation sent a letter objecting to company's contributions to Republican causes.
big seminar 14
Many people believe that online money making is not possible. Many others believe that it does not come free. Well I can tell you that as a college student I do not have a lot of money, so I turn to the internet as a source. I am going to tell you how you can make money right in your own home. However these are not get rich schemes, I don't believe in those. These websites I'm going to be talking about pay however only a few bucks depending on the site. All of these sites are ones that require you to take surveys for cash. Many companies use these websites for their market research and because it is valuable information they pay you for it!
The next website that pays even more than the one above is www.opinionoutpost.com . With this website I have made over twenty dollars! With this website you go through the same process I described above and it is also free. The reason I like this site is because it notifies you via email when you have a survey. However there are not as many surveys as I would like there to be but I'm still making some cash. This website gives you points instead of using dollars. For every ten points you get that equals a dollar. Surveys are usually two to three dollars for a fifteen to half an hour survey. This site also has a low payout, you only need to earn fifty points (five dollars) to get a check.
The last website is surveyspot.com, this is my favorite. I have made one hundred and sixty dollars on this website. I have been a member for ten months now. This is the best site for online survey taking out there. My favorite part is the fact that you go on their website to access surveys and there is always ones there every day. Unlike the two previous websites that don't always have them waiting. This site also has great customer service. When I was having trouble with getting paid for one of the surveys they helped me right away. My money showed up in my Surveyspot account the very next day! I have recommended this site to numerous friends because it's the biggest payout site I have found on the web and I have searched a lot. Surveyspot is exactly what I was looking for.
If you visit these websites I assure you that you will make a little extra cash each month. These websites are all free and they have never tried to sell me anything. Just remember do not ever pay money to take surveys. There are plenty of sites that are free that need your opinions.
big seminar 14
T-Mobile Reducing Data Cap, Will Throttle Speeds After 5GB Of <b>...</b>
Bad news for those of you that use more than 5GB of data each month. Starting October 16th, T-Mobile will enforce a new policy that will reduce data speeds.
Yankees ALCS <b>News</b> - Pinstripe Alley
Yankees ALCS news and notes. ... Yankees ALCS News. Babe-ruth-and-lou-gehrig_tiny by Brandon C. on Oct 13, 2010 10:00 PM EDT in News � Tweet � 24 comments; Story-email Email; Printer Print. Texas Rangers grounds crew employee Don Crymes ...
<b>News</b> Corp. Shareholder Objects to G.O.P. Donations - NYTimes.com
A private foundation owning stock in the News Corporation sent a letter objecting to company's contributions to Republican causes.
big seminar 14
T-Mobile Reducing Data Cap, Will Throttle Speeds After 5GB Of <b>...</b>
Bad news for those of you that use more than 5GB of data each month. Starting October 16th, T-Mobile will enforce a new policy that will reduce data speeds.
Yankees ALCS <b>News</b> - Pinstripe Alley
Yankees ALCS news and notes. ... Yankees ALCS News. Babe-ruth-and-lou-gehrig_tiny by Brandon C. on Oct 13, 2010 10:00 PM EDT in News � Tweet � 24 comments; Story-email Email; Printer Print. Texas Rangers grounds crew employee Don Crymes ...
<b>News</b> Corp. Shareholder Objects to G.O.P. Donations - NYTimes.com
A private foundation owning stock in the News Corporation sent a letter objecting to company's contributions to Republican causes.
big seminar 14
No comments:
Post a Comment