Founder @ a better monday, Host @ Alternative Exit | Buying great companies from retiring owners and transitioning to them employee ownership
Impact investing is on the rise. 600bn in 2019 to 1.57 trillion today The younger generation of impact investors are stepping into the board rooms and taking the reigns. The numbers are real and timely. The world needs the top 1% to contribute back to society. Back in 1600’s in Florence, the wealthy elite realised that they needed to continue to redistribute their wealth to the rest of the population via philanthropic activities that built schools, hospitals, public spaces, etc. They did this to ensure their wasn’t a revolt. Contrast that with today's environment, and the wealthy, ably supported by compliant governments, are hoarding their wealth and minimising their taxes, so functioning societies are reliant upon the benevolence of a wealthy few. The few are now turning into the many The change can’t happen fast enough.
