Break Quote by Jacqueline Novogratz
“I was encouraged to break all the rules but to take the best of philanthropy, the best of investing, and the best of development finance, and experiment with new ways to create this venture capital model of using philanthropy to back patient capital investments, and then build solutions that were measured in terms of the kind of impact and change they were making on people's lives and in the world, not just on the financial return.”
About This Quote
Source Speech: Impact Investing Talk, 2005
Blend philanthropy with investment to fund patient capital that prioritizes social impact over profit.
In simple terms: Use charitable money to fund long‑term, impact‑focused investments.
Key Takeaway
Align capital with social change goals.
Themes
impact investing
philanthropy
patient capital
social entrepreneurship
Mood
inspired
determined
optimistic
Type
philosophical
motivational
When to use this quote
- non‑profit funding
- social enterprises
- impact metrics
- long‑term projects
Key Concepts
blended finance
venture capital
development finance
Questions to Reflect On
- How can you measure impact beyond financial metrics?
- What trade‑offs exist between profit and purpose?
A Different Perspective
May limit financial returns for investors seeking quick profit.
