Vinay Nair is the CEO and co-founder of Lightful, a new social media and campaign management platform, built specifically for charities and social enterprises.
Just as we have buried one definition debate, another one rears its head, writes Vinay Nair. But these ‘beyond profits', once understood, should be cause for celebration.
First-loss capital may warp incentives when it comes to social impact bonds, but it remains an essential tool to provide social enteprises and charities with affordable finance.
