Will Richardson, Head of Venture Capital at Impact Investment Group and Managing Partner of Giant Leap, was the presenter of this event. What I liked about this event was that it was started off with this challenging question: “what makes you come alive?”, asked by Will. Giant Leap has three themes for investing: Empowering People, Sustainable Living and Health and Wellbeing If a startup seeks money from Giant Leap, they must have embedded impact into their business model I like the sentence “search for meaningful work!” brought up tonight. It seems like “Impact VCs” are what the future of business needs as they are focused heavily on positive social and environmental impact whilst traditional VCs normally look for high growth potential only. If you are a group of three or more who have set up a startup, you may potentially get along with Giant Leap. An interesting thing about Giant Leap criteria is that they invest in startups being capable of connecting their revenue to the impact. This connection needs to be measured with some sort of metrics to identify the environmental harm avoided, the amount of positive change to people’s lives and news to solutions to problems. For example see what Glam Corner has done! Ladies can rent, wear and return the clothes using Glam Corner website, which is having quite a positive impact on the environment by consuming less materials
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