The way we fund new businesses doesn’t work for most entrepreneurs. In the US, four out of five entrepreneurs never raise formal financing. Most of the people getting funding to build the companies of the future still represent a tiny, and wealthy, portion of the global population.
Over the past year, our team at Village Capital interviewed more than 200 investors, asset managers, foundations, family offices and pension funds – as well as 50 entrepreneurs – to identify and investigate new and transformative approaches for investing in entrepreneurs that can yield more inclusive results.
With the support of the John D. and Catherine T. MacArthur Foundation, we’re releasing Capital Evolving, a report that explores three of these ideas in depth. Read the executive summary here, and download the full report below.