Seth Bannon, founding partner of Fifty Years, highlights survey data from Net Impact showing MBA students prioritizing purpose over compensation.
0:00 / 0:09exact quote · 9.0s
720p mp4 · rendered on demand · StarZero watermark
“Net Impact did a study of MBA students and found that 83% would take a 15% pay cut to work for a company that had positive societal or environmental ends.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Seth Bannon
Opinion
Bannon: One-for-one impact models like Toms Shoes are inherently flawed
“We really don't like the sort of like one for one model companies. Right. So like the Tom's shoe or like for every shoe we sell, we're going to donate shoes to a country in the third world because then the good you're doing always has to be defended. When you'…”
Seth BannonAug 7, 2017▶ 14:3620VC: Why We Will Continue To See An Explosion In Deep Tech Financing, Why Much of Silicon Valley's Talent Is Going To Waste & How Fund Cycles Need To Be Adjusted To Work With Deep Tech with Seth Bannon, Founding Partner @ Fifty Years
PredictionOpen · timeframe Aug 2117
Bannon: Animal agriculture will be completely eliminated within 100 years
“I believe that animal agriculture will be eliminated from the face of the earth within the next hundred years.”
Seth BannonAug 7, 2017▶ 26:5920VC: Why We Will Continue To See An Explosion In Deep Tech Financing, Why Much of Silicon Valley's Talent Is Going To Waste & How Fund Cycles Need To Be Adjusted To Work With Deep Tech with Seth Bannon, Founding Partner @ Fifty Years
Opinion
Bannon: The Friedman Doctrine is one of history's most dangerous economic ideas
“We think it's actually one of the most wrongheaded and probably dangerous doctrines in the history of the world, and I know it sounds a little Strange to say that an economic doctrine is very dangerous, but we think it's allowed a lot of businesses to pursue p…”
Seth BannonAug 7, 2017▶ 7:4120VC: Why We Will Continue To See An Explosion In Deep Tech Financing, Why Much of Silicon Valley's Talent Is Going To Waste & How Fund Cycles Need To Be Adjusted To Work With Deep Tech with Seth Bannon, Founding Partner @ Fifty Years
Disclosure
Bannon: Deep tech startups should shift to debt after three equity rounds
“So almost every single deep tech company that we've invested in has a clear path to growing off of equity for maybe three rounds, and then growing off of project or debt financing for the rest of their life.”
Seth BannonAug 7, 2017▶ 17:5920VC: Why We Will Continue To See An Explosion In Deep Tech Financing, Why Much of Silicon Valley's Talent Is Going To Waste & How Fund Cycles Need To Be Adjusted To Work With Deep Tech with Seth Bannon, Founding Partner @ Fifty Years
Insight
Bannon: A 15-20 year fund lifecycle is VC's biggest opportunity
“I think the biggest opportunity in investing right now might just be a fund that has a 15 to twenty-year life cycle.”
Seth BannonAug 7, 2017▶ 21:5520VC: Why We Will Continue To See An Explosion In Deep Tech Financing, Why Much of Silicon Valley's Talent Is Going To Waste & How Fund Cycles Need To Be Adjusted To Work With Deep Tech with Seth Bannon, Founding Partner @ Fifty Years
Opinion
Bannon: Impact investors lack tech skills, tech VCs only care about profits
“When we talked to investors, we found that they all basically fell into one of two buckets. Either you had the people who really cared about the why, or, you know, what are traditionally called impact investors, but who knew basically nothing about technology …”
Seth BannonAug 7, 2017▶ 5:2920VC: Why We Will Continue To See An Explosion In Deep Tech Financing, Why Much of Silicon Valley's Talent Is Going To Waste & How Fund Cycles Need To Be Adjusted To Work With Deep Tech with Seth Bannon, Founding Partner @ Fifty Years
Made with StarZero
Turn any episode into a week of clips.
This entire site, over 1,200 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.