20/30 Visions

20/30 Visions

20/30 Visions: Kim Folsom on financing more diverse founders

15 min · 10 de ene de 2024
Portada del episodio 20/30 Visions: Kim Folsom on financing more diverse founders

Descripción

In this episode, we're focusing on a critical aspect of building a more inclusive economy: ensuring that more funding flows to businesses led by diverse founders. The stats are stark: although venture capital investment hit record highs last year, businesses led by black, Latinx and female entrepreneurs accounted for a disproportionately small amount of this - low single digit percentages at best. According to Morgan Stanley, this means we are missing out on a $4 trillion opportunity in the U.S. alone! To discuss how we can fix this, we're delighted to welcome Kim Folsom, CEO of US-based Founders First Capital Business. A successful entrepreneur in her own right, Kim is now focused on using revenue-based financing to help over 1,000 diverse entrepreneurs access the capital and knowledge they need to build sustainable businesses. In our interview, we discuss: * Her own journey as an entrepreneur,, and the challenges she had to overcame * The scale of the capital gap facing diverse founders, and why it exists * The disadvantages of traditional debt funding for communities of color (and the benefits of revenue-based financing) * The need for more education and awareness-building * Why funding diverse founder-led businesses is not about philanthropy * And more Produced & presented by James Taylor [https://www.bridgesfundmanagement.com/team/james-taylor/] Editing by Jake Hatt @ Free Bird Film [https://www.freebirdfilm.tv/] Watch the videos at www.bridgesfundmanagement.com/2030visions [http://www.bridgesfundmanagement.com/2030visions]

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21 episodios

Portada del episodio 20/30 Visions: Roy Swan on the role foundations can play

20/30 Visions: Roy Swan on the role foundations can play

In the U.S. alone, private foundations hold more than $1 trillion of assets. So how do we deploy more of this capital to help solve our biggest challenges? And can foundations play a bigger role in catalysing investment from across the broader financial spectrum? To discuss this, we're delighted to be joined by a true leader in the field: Roy Swan of the Ford Foundation. After a career in Wall Street (latterly with Morgan Stanley's Global Sustainable Finance division), Roy joined Ford to run Mission Investments, a ground-breaking programme that's aiming to invest $1bn in funds seeking attractive social and financial returns. In our interview, Roy explains: * Why Ford decided to launch Mission * Its remarkable performance to date * What they've learned from the programme's first five years * Why investors' incentives need to change * The problem with fiduciary duty * And more Produced & presented by James Taylor [https://www.bridgesfundmanagement.com/team/james-taylor/] Editing by Jake Hatt @ Free Bird Film [https://www.freebirdfilm.tv/] Watch the videos at www.bridgesfundmanagement.com/2030visions [http://www.bridgesfundmanagement.com/2030visions]

10 de ene de 202418 min
Portada del episodio 20/30 Visions: Kim Folsom on financing more diverse founders

20/30 Visions: Kim Folsom on financing more diverse founders

In this episode, we're focusing on a critical aspect of building a more inclusive economy: ensuring that more funding flows to businesses led by diverse founders. The stats are stark: although venture capital investment hit record highs last year, businesses led by black, Latinx and female entrepreneurs accounted for a disproportionately small amount of this - low single digit percentages at best. According to Morgan Stanley, this means we are missing out on a $4 trillion opportunity in the U.S. alone! To discuss how we can fix this, we're delighted to welcome Kim Folsom, CEO of US-based Founders First Capital Business. A successful entrepreneur in her own right, Kim is now focused on using revenue-based financing to help over 1,000 diverse entrepreneurs access the capital and knowledge they need to build sustainable businesses. In our interview, we discuss: * Her own journey as an entrepreneur,, and the challenges she had to overcame * The scale of the capital gap facing diverse founders, and why it exists * The disadvantages of traditional debt funding for communities of color (and the benefits of revenue-based financing) * The need for more education and awareness-building * Why funding diverse founder-led businesses is not about philanthropy * And more Produced & presented by James Taylor [https://www.bridgesfundmanagement.com/team/james-taylor/] Editing by Jake Hatt @ Free Bird Film [https://www.freebirdfilm.tv/] Watch the videos at www.bridgesfundmanagement.com/2030visions [http://www.bridgesfundmanagement.com/2030visions]

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Portada del episodio 20/30 Visions: The Rt Hon Nick Hurd on the role of Government

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Portada del episodio 20/30 Visions: Johanna Chao Kreilick on the importance of science

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Portada del episodio 20/30 Visions: NESTA's Ravi Gurumurthy on creating an innovation nation

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In this episode, we're exploring another essential topic: innovation. If we are to have any hope of tackling the challenges we face, innovation is clearly going to be critical: not just inventing whizzy new technologies, but also designing better products and better services and better ways of working. Our guest is Ravi Gurumurthy, CEO of Nesta, which styles itself as "the UK's innovation agency for social good". In our interview, Ravi discusses: * Why innovation is important - and why it's hard * How to accelerate the move to Net Zero homes * The key to tackling the expensive problem of obesity * How regulation can support innovation * The one area where Government is well-placed to drive long-term change * The key policy levers for accelerating innovation * And more Produced & presented by James Taylor [https://www.bridgesfundmanagement.com/team/james-taylor/] Editing by Jake Hatt @ Free Bird Film [https://www.freebirdfilm.tv/] Watch the videos at www.bridgesfundmanagement.com/2030visions [http://www.bridgesfundmanagement.com/2030visions]

10 de ene de 202415 min