News on The Edge Welcome to the Social Edge update! “Invest in me! Take my equity!” That’s what three young social entrepreneurs are proclaiming to the investment world today. Kjerstin Erickson, Saul Garlick and Jon Gosier are announcing their spectacular news on Social Edge: “We are offering equity in our life’s earnings for an infusion of cash.” It all started with a provocative question: “If an investor offered you unrestricted capital, say $300,000, in exchange for 3% of your income for the rest of your life, would you take the deal?” That prompted them to think hard about the potential: They knew that a large upfront investment could catalyze their social ventures (FORGE, ThinkImpact and Appfrica) to sustainability and scale. They also saw this as a way to leverage personal integrity and future prospects in exchange for wisdom and guidance for learning, growth and success. That’s what we call here at Social Edge the quadruple bottom line! Our three social entrepreneurs are already thinking about the long term: “We may be working in the non-profit space now, but true entrepreneurs never stop at their first enterprise. There will be others and it’s likely some will be for-profit.” Should you invest in their future? Or follow their example? Join Kjerstin Erickson, Saul Garlick and Jon Gosier in the conversation. And if you need to think of more traditional ways to raise money, check in with Dr. O as he lays out his annual trend spotting and advice on where and how social entrepreneurs will find resources in the new decade. Or apply to the GSBI’10 to be among the twenty social entrepreneurs who will receive a full scholarship (worth US$25,000 each) to attend the 2010 Global Social Benefit Incubator in Silicon Valley. The deadline for the first exercise is Friday. Join this Week's Live Discussions Invest in Me, Take my Equity Three social entrepreneurs (Kjerstin Erickson, Jon Gosier and Saul Garlick) are offering equity in their life’s earnings for an infusion of cash today. Should you invest in their future? Or follow their example? Social Work: A Dirty Word? “Social work” may mean “give that man a fish” when a better policy might be “teach that man to fish” or even “give the fish a chance.” Is your social enterprise about fish or fishing? Join Charles (Hipbone) Cameron in discussing the issues of social work and social entrepreneurship. The Social and Commercial Two-Step Are hybrids really innovative structures or simply stopgap measures? Join Mumbai-based Lindsay Clinton in the conversation. Climbing the Green Ladder: The Power of Partnerships To become more sustainable, business needs the talent, passion and understanding of the social entrepreneur. Sustainability experts Amy Fetzer and Shari Aaron offer a guideline to effective collaboration. Is a "Social Economy" really possible? Where are the big success stories, the social sector equivalents of Google or Facebook? Will the funding continue to flow to unsustainable, though eminently worthy, social enterprises? Join Rod Schwartz in a provocative conversation. Gen-Y: The Social Innovation Generation “We want to create sustainable projects that will continue to affect lives for years to come,” says ThinkImpact’s Saul Garlick. Can you help Gen-Y become the social innovation generation? Do you have suggestions for Social Edge or for this newsletter? Send us feedback. Hope to see you on The Edge and on Twitter @socialedge! Victor d’Allant Executive Director, Social Edge 250 University Avenue Palo Alto, CA 94301 |
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