Based on your arguments here, I wouldn’t be excited about impact markets. Still, if impact markets significantly expand the amount of work done for social good, it’s plausible the additional good outweighs the additional bad. Furthermore, people looking to make money are already funding net negative companies due to essentially the same problems (companies have non-negative evaluations), so shifting them towards impact markets could be good, if impact markets have better projects than existing markets on average.
Furthermore, people looking to make money are already funding net negative companies due to essentially the same problems (companies have non-negative evaluations), so shifting them towards impact markets could be good, if impact markets have better projects than existing markets on average.
Based on your arguments here, I wouldn’t be excited about impact markets. Still, if impact markets significantly expand the amount of work done for social good, it’s plausible the additional good outweighs the additional bad. Furthermore, people looking to make money are already funding net negative companies due to essentially the same problems (companies have non-negative evaluations), so shifting them towards impact markets could be good, if impact markets have better projects than existing markets on average.
See my reply to Austin.