Measuring Impact, four years later

One of the biggest challenges of impact investing is in measuring the impact of the investments.  One would think that this would be an easy, solved problem, but it is far from simple.  The impact ecosystem is still working through multiple methods of measurements, few of which provide a single value which can be summed, compared, and tracked over time. The Pinchot Impact Index is one proposed...

Life of a Kenyan small business in 12 charts

An excerpt from the LelapaFund Blog: After a hectic six months discovering Kenya’s small business scene, LelapaFund is happy to share some insights from the ground with our community. Over 300 companies have joined our pipeline, learnt about a new form of raising equity capital – crowdinvesting – and are actively structuring their companies to benefit from it. Thanks to the countless meetings...

A short history of accelerators

From the mouth of one of the inventors of the modern accelerator, Brad Feld, how accelerators came to be and why they work. Given Fledge is based on the program and learnings of TechStars, this is highly relevant to our program too, despite Fledge being focused on impact vs. technology.

Thank you Fred Wilson for pointing out the video.

The Law of Startups #11 — Fledge

 Joe Wallin and Michael Schneider, two inquisitive Seattle startup lawyers interview
Fledge founder and Managing Director Luni Libes on “The Law of Startups“.
What is Fledge?  What do the fledglings do?
How is Fledge different than the typical accelerators?

Listen here

What doesn’t make it into Fledge?

After hundreds upon hundreds of applications reviewed by Fledge, there are a series of common patterns that lead to rejections, no doubt frustrating the applicants, and similarly frustrating the screeners. 1. Team, lack thereof The number one criteria that Fledge seeks out is a strong team.  If you’ve can’t even convince a friend to call themselves a member of your team, then you are...

Too many good ideas (for boiling the ocean)

It is application season here again at Fledge, and with it, dozens of repeats of a very common first-time entrepreneurial mistake. A grand vision with multiple components, which as a whole, all implemented, all popular, would solve some problem or simply make people’s lives better. To the ears of the entrepreneur, it sounds wonderful. To anyone who doesn’t review hundreds of business plans each...

What does Fledge look for in applicants?

The selection criteria at Fledge, the conscious company accelerator, are easy to explain.  1) Team, 2) Impact, and 3) Odds of success.  The subtleties within each of these concepts and the whole selection process takes a bit more explanation: 1. Team Unlike most other accelerators focused on social good, Fledge is, behind-the-scenes, a for-profit impact investment fund.  We invest...

Not for Profit Only (Kauffman ID8)

Kauffman ID8 Nation highlights Seattle as the center of social entrepreneurship. A city full of companies and organizations that believe they can do well by doing good. With mentoring and financial support from older entrepreneurs Seattle’s younger entrepreneurs are discovering a new way of doing business. Learn how social entrepreneurs are making a living saving the world.   Featuring: Nick...

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