About this talk
Impact investing is an increasingly popular approach to doing good. In this talk, John Halstead, head of applied research at Founders Pledge, discusses whether, and in what conditions, impact investing might actually succeed. He argues that impact investing is likely to have limited impact in large, highly efficient markets such as public stock markets. However, impact investing stands a better chance of impact if it involves VC or angel investing, includes companies that serve poor consumers or produce positive externalities, and/or exploits an investor’s informational advantage.