Great to have something written down on this—thanks very much guys!
I too have worried about some of the issues highlighted here and ended up not doing any impact investing for this reason. However a benefit of impact investing is that you get the money back and can invest it a new venture (or donate it) later. So to accept your conclusion that impact investing is (usually) less good than donating, you would have to believe that the problems with impact investing (e.g. crowdedness) are bigger than the benefit of getting your money back. I actually suspect that they are (so I’m in agreement with you) but I don’t think I saw this comparison done in the report. (Although admittedly I read it fairly quickly, so sorry if it’s in there and I didn’t spot it)
Great to have something written down on this—thanks very much guys!
I too have worried about some of the issues highlighted here and ended up not doing any impact investing for this reason. However a benefit of impact investing is that you get the money back and can invest it a new venture (or donate it) later. So to accept your conclusion that impact investing is (usually) less good than donating, you would have to believe that the problems with impact investing (e.g. crowdedness) are bigger than the benefit of getting your money back. I actually suspect that they are (so I’m in agreement with you) but I don’t think I saw this comparison done in the report. (Although admittedly I read it fairly quickly, so sorry if it’s in there and I didn’t spot it)