Venture capital and philanthropy are both methods of moving large amounts of money around the economy, but they usually do so with very different goals and strategies. VC aims to beat the stock market and maximize returns. Philanthropy cares more about creating impact and change (and obeying the strict rules that govern its practice).
Despite these different lanes that philanthropy and venture capital occupy, there is a growing movement of thought that they are not so far apart, and that there are indeed many lessons that each can take from the other. Philanthropy ought to take lessons on investing in teams, not just ideas; private business investing ought to consider the impact its dollars have on the world.
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