Venture capital and angel investing are realms filled with unspoken assumptions. One such assumption is that companies should burn through substantial capital before even considering profitability. This notion is misguided! Countless startups, often overlooked by these investors, are compelled to be profitable to survive. If these investors took a moment to recognize these startups, they would find that investing in profitable ventures offers a less stressful experience with higher rewards. This is particularly true for mission-driven startups that are making a positive impact while also generating profits. Where can you find these companies? They are everywhere, but I've found them…
Luni Libes is a 29+ year serial entrepreneur and investor, most recently: Fledge, a global network of impact-oriented accelerators; Africa Eats, a pan-African holding company focused on feeding Africa; Realize Impact, a public charity making it easy for anyone to make an impact investment; and The Angel Accelerator, teaching early-stage ... Read more
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