Varsha Venugopal
๐ค SpeakerAppearances Over Time
Podcast Appearances
So, so far, we haven't seen any extreme backlash on spamming.
What you're describing seems like something we call an impact bond.
It's social impact bond and development space is called a development impact bond.
So no, it's a great idea.
And there have been some innovations around this.
The challenge is getting the government to pay for it.
So in the impact bond model, you would have an investor who puts in the money and
And then you would have the government or some philanthropist who would be paying the investor the returns if we meet certain milestones.
It is something we may want to explore ourselves, even from a philanthropic perspective.
If a philanthropist were to say, right, I would pay you a certain amount, but the next tranche would only be released.
if you meet certain milestones around number of people reached, etc.
So it's absolutely plausible.
The challenge is in the past with impact bonds is getting governments to fund or getting the grander bit is usually the challenge.
Yeah, I think the big question is who's paying them or any company.
And that's where it comes to knots.
We have been, and especially me, when I think about my time in fundraising, I am quite keen to see, are there any ways we could make this revenue generating?
Sadly, the kind of people we want to reach are not the income paying companies.
community and and there's no way we could we could you know figure out a finance model there so yeah impact bond is the only one i have actually come up with as well where at least there is some clear incentives tied to certain milestones and some funding attached to it but beyond that yes it's it seems very clearly in the charity non-profit space
Yes, I was part of their first cohort.
I think they just had their third cohort go through this summer.