Matthew Bannick was the Former Managing Partner of Omidyar Network, one of the first funds focused on impact investing through both grants and financing. Matthew was also the Former President of eBay International and Former President of PayPal, leading the organizations to tackle and expand into new markets. Matthew talks about the lessons he learned in a scaling a global corporation and the metrics he used to measure impact.
This full interview is dedicated to BRAC. Their mission is to empower people and communities in situations of poverty, illiteracy, disease, and social injustice. BRAC has been a leader in poverty reduction efforts through encouraging social and economic empowerment, both in Bangladesh and around the world. (http://www.brac.net/)
In this interview, you will learn
When should companies leverage acquisitions to expand globally? When should it enter the market on its own?
What key considerations are there when analyzing a new market entry.
What impact driven projects should be supported with grants? What projects should be supported with financing?
How can we take part in the impact investing industry?
"I end with a little poem from Tagore, who was a Bengali poet. Three lines, very simple. He said "I slept and dreamt that life was joy. I awoke and saw that life was service. I acted and behold, service was joy." That's certainly been part of my journey. The times when I felt most inflow, as I say, is when I felt my work was constructive and helping others that was in service to something bigger than myself, or even the specific organization I was working for."
Interview Transcript
Stay tuned for a published transcript
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