1. Investing for Impact
Mitch Kapor
June 2013

2. "I am unwilling to operate in an
over-aggressive profit-only style"
Lotus Business Plan (1982)

3. Lotus sales (1983)
$124,000,000

4. Some Lotus Culture Firsts
• Same sex partner benefits
• Employee diversity committee with real
representation (out LGBTs in 1984) & impact
• Employees rated how well managers put
corporate values into practice, driving their
annual bonus
• Lotus Grapevine--anonymous or confidential
complaint/problem-solving channel

5. All Investing is Impact Investing
• Some is negative
• Some is mixed
• Some is positive

10. Disruptive Democratization

11. Diverse Entrepreneurs
• bring different lived experiences to their work
• see problems/opportunities that others don’t
• founders who don’t fit the default pattern
may be filtererd out by mainstream investors
• investors who recognize talent in a different-
looking packages have a competitive
advantage

12. Our Founders
Accredible