Below is the story of Nancy PFund of DBL Investors who has proved a visionary transformer of markets. It recounts how, never expecting to run her own venture firm, she built from a small niche venture fund at JP Morgan to fund five (5) public companies with her first fund and winning an exclusive outside investing position with Elon Musk on his now 18 billion in market cap SolarCity. Theirs is a multi-billion dollar connection with social benefits large enough it might fairly be deemed historic. And it is a connection forged on the basis of Ms. Fund and Mr. Musk shared but somewhat heretical understanding that the second bottom-line (i.e. the social good a company does as it makes money) is an enduring force multiplier in business. And the importance of the second bottom-line is only growing as our economy becomes increasingly global, resource constrained and knowledged based.
Posted on: Tue, 28 Oct 2014 12:19:02 +0000
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