Why not just have professionals do the work they’re good at and explicitly donate the fees generated?
Essentially that’s what I was proposing but
making the donations direct/public to generate goodwill from “clients” and overcome their reluctance to pay for things/companies they might otherwise find a bit repugnant
Leveraging existing corporate pro bono initiatives and incentives
And for both of these points I see a benefit in focusing on “noncore” business. For 1, for the reasons above, and for 2, bc the employer/firm might be reluctant to have its regular income diverted to charity
I know you were proposing it… I was paraphrasing it with agreement .
Yeah, it’s a great idea to come up with ways in which business resources can be used to serve worthy ends consistently with traditional shareholder and stakeholder interests.
Of course, I’d rather go much further and just get equity in the hands of charities than have to do all the skating around nonaligned stakeholders. I think if the relevant counterparties are aware of this fact, in many contexts it will, at the very least, be worth the acquisition cost. In some contexts, it could be revolutionary.
Essentially that’s what I was proposing but
making the donations direct/public to generate goodwill from “clients” and overcome their reluctance to pay for things/companies they might otherwise find a bit repugnant
Leveraging existing corporate pro bono initiatives and incentives
And for both of these points I see a benefit in focusing on “noncore” business. For 1, for the reasons above, and for 2, bc the employer/firm might be reluctant to have its regular income diverted to charity
I know you were proposing it… I was paraphrasing it with agreement .
Yeah, it’s a great idea to come up with ways in which business resources can be used to serve worthy ends consistently with traditional shareholder and stakeholder interests.
Of course, I’d rather go much further and just get equity in the hands of charities than have to do all the skating around nonaligned stakeholders. I think if the relevant counterparties are aware of this fact, in many contexts it will, at the very least, be worth the acquisition cost. In some contexts, it could be revolutionary.