Our philanthropy is based in the principle of venture philanthropy, we want to apply most of the same principles of venture capital funding to “invest” in social ventures. We are interested in making donations which promote some sort of social good where it is key to measure the impact and make sure it scales faster than the needs for capital. Unfortunately not all non profit can have such a model and some organizations have fantastic projects but don’t fit this model. Early on, we decided to surround ourselves with some of the best people doing this in the philanthropic space. This is why most of our donations are done through two organizations: Entreprendre et Plus in France and EPIC Foundation for the rest of the world.
For us, Impact Investing aims to generate specific beneficial social or environmental effects in addition to financial gains. We believe that the only way to have a massive impact is to fund and mentor projects where the financial return can match those of projects without a social impact at its core. Supporting initiatives and the ecosystems that have this ambition is key to us, this is why we back projects and funds trying to make a difference while making a profit.
Tech for good
Technology can yield great powers and with great powers come great responsibilities as some would say. We believe that we can take the best part of technology and make them at the service of the greater good. This can improve the impact of great non profit organization if used properly.