by Mike Goodrich | Sep 29, 2022 | 2022, Business Lessons, Entrepreneurialism, Founders, Mission-Driven Businesses, Social Capital and Social Entrepreneurialism, Social Capital Series
Social capital is a topic I have spent a lot of time with, both in my writing on this blog and website and in my own thinking. One pivotal moment for me was the SOCAP Conference in San Francisco, which is coming back in person this year (though I unfortunately will...
by Mike Goodrich | Nov 27, 2020 | 2020, Books and Resources, Entrepreneurialism, Financing, Small and Medium-Sized Businesses, Social Capital and Social Entrepreneurialism, Social Capital Series, Start-Ups
For some of you close to me, SOCAP is a way-too-familiar refrain. SOCAP Global is an annual conference devoted to social capital or impact investing held in San Francisco. I love it and I talk about it often. When I first attended SOCAP in 2018, it was an eye-opening...
by Mike Goodrich | Dec 17, 2019 | 2019, Social Capital and Social Entrepreneurialism, Social Capital Series
You know who’s not good at fighting fires? Arsonists. – Anand Giridharadas In the late nineteenth century, New York City had a huge pollution problem: horses. Specifically, horse poop, which littered the streets. The...
by Mike Goodrich | Dec 3, 2019 | 2019, Social Capital and Social Entrepreneurialism, Social Capital Series
In order to properly frame this question, we first need a working understanding of a few shared terms. First: what is a market rate of return? Here’s a definition from My Accounting Course (emphasis added by me): Definition: Market rate, or the going rate, is the rate...
by Mike Goodrich | Nov 12, 2019 | 2019, Entrepreneurialism, Social Capital and Social Entrepreneurialism, Social Capital Series
Social capital is an area ripe for controversy. Not that social capital, in and of itself, is bad or wrong — few would say that doing well by doing good is a bad thing. Most people involved in social capital want to find ways to both succeed financially and...
by Mike Goodrich | Oct 29, 2019 | 2019, Social Capital and Social Entrepreneurialism, Social Capital Series
The first in a series of First Avenue Ventures blog posts on Social Capital. Social capital is a concept not easily nor well-defined. In this series, we define social capital as the use of capital (for our purposes, we examine it primarily as financial capital)...
