Social impact investing, seeking profits as well as social benefit is a growing part of capital markets these days. Yet you decided not to join that realm and even rejected a company because they were a B corporation - bound to pursue financial and social benefits. So I'm curious why you didn't choose the sort of social impact path given that you're so climate mission driven? Was it because you kind of fell into it and Jason offered you a job? That's definitely part of it.
After a 20-year career as a tech reporter for CNET, the New York Times, and the public radio program Marketplace, Molly Wood has come to see the climate crisis as an engineering problem requiring an acceleration of investment. And so, after producing the acclaimed climate podcast “How We Survive” for Marketplace, she left that program to begin a new career in venture capital. What are the limits of media in changing human behavior? And what is the role of capital in addressing the climate crisis, even while considering that capitalism itself may be incompatible with survival?
Guests:
Molly Wood, Climate Solutions Investor, Podcaster
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