$600 Billion - Just Imagine the Impact
Updated: Jul 30, 2019
How far would $600 Billion go to fight some of the poverty problems we have in the world. Imagine if that amount was invested in social enterprise and /or impact entrepreneurs.
$600B is 2.5% of the market cap of the top 100 companies in the world (http://www.corporateinformation.com/Top-100.aspx?topcase=b).
At In Place Impact everyone signs a declaration to uphold the tenets we believe in. One of those tenets is that 2.5% of the available equity in any of our Impact Incubator companies is donated to a charitable trust purposed to reinvest capital from liquidity events back into community based impact innovations.
$600 Billion and all it takes is for each innovator to basically take a 2.5% reduction in their equity holdings.
Maybe I am wrong, but when equity is worth zero, or if an entrepreneur becomes worth $80 Billion, I am not sure they would miss 2.5%.
We urge all Impact Entrepreneurs to think through this, there is really not much to lose, but a great deal to gain.