Business Quote by Joe Lonsdale
“Our philosophy at 8VC is that many of the companies that present the greatest economic opportunities also create the greatest value for society.”
About This Quote
Source Company: 8VC mission statement, 2015
Economic opportunities and societal value often align, suggesting profit can coexist with social good.
In simple terms: Profits can also benefit society.
Key Takeaway
Seek ventures that create both wealth and impact.
Themes
entrepreneurship
social impact
investment
innovation
Mood
optimistic
thoughtful
Type
business
philosophical
When to use this quote
- startup funding
- policy design
- impact investing
- corporate strategy
Key Concepts
shared value
stakeholder theory
Questions to Reflect On
- How can investors measure societal impact?
- What trade‑offs arise when profit and purpose conflict?
A Different Perspective
Balancing profit and purpose can be challenging in competitive markets.
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![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)