Micro-funds and the Social Venture Commons
Thoughts, Ventures | View Comments
Working with the building blocks for a new kind of venture capital I've been shaping a couple of core components - micro funds, and the social venture commons.
Micro-funds: making small, flexible, intuitive, low-cost, high-leverage investments. Features:
Short life: fully invested within 3 years or less
Small, high-leverage investments: invest financial (e.g. $25-50k) and social capital in high-leverage ways - core capacity, incremental engagement, financial seeding
Low or no fee: offset with performance based incentives for financial and impact returns appropriate to the fund
Light-weight and dynamic operations: led by individuals or organizations that have a unique position or perspective on the 'frontiers' - run ...