2min chapter

TED Business cover image

The TED Interview: What it really takes to make change | Jacqueline Novogratz

TED Business

CHAPTER

Silicon Valley Venture Capitalists Invested on a Good Product, but What Are You Doing?

Lok: We are actually taking a bet on tou antpnerse to create a market that has never existed for people who, frankly, have never counted. When things got bad, we didn't pull out, nor did we double down blindly. But we had to only put in more investment capital, but helped them raise grant funding and create other kinds of partnerships so that they could succeed. The company's trajectory is now driven by investment as a means, not as the end of itself.

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