![]() “One of the ways we can have impact is to actually go do the work ourselves. “One of our portfolio companies went from $60 million of revenue to $225 million of revenue in four years, organically, in an industry that grew 6% every year.” When a company starts making that kind of progress, competitors take notice. “I spend time trying to get better at what I do and helping our team and portfolio companies do the same. “I don't spend a lot of time trying to get other people to do things they're not ready to do,” Satori’s cofounder says. How do we influence those actors to invest in social good? We get compound interest on learning, knowledge and results.”Īlthough purpose-driven business leaders are moving resources towards impact, there are deeply vested interests set on maintaining the status quo. “You hear about compound interest being the eighth wonder of the world,” Vanderbeck says. Be dissatisfied with the reality you live in because you're an entrepreneur and realize that things sometimes take longer to change than we want. The truth is that, “it will take as long as it takes,” Vanderbeck says. While companies are extending their time horizons, natural phenomena like climate change are going at their own pace. Purpose At Work: How Satori Capital’s Key Embeds Purpose To Drive Profits PHOTO PROVIDED BY SATORI CAPITAL The good news is we're seeing some other funds change their time horizons, too.” ![]() “We would like to see more changes in time horizons from investors. “It would have been too hard without purpose,” the cofounder explains.Īround five years ago, the media conversation started to change but there’s still a long way to go, Sunny says. ![]() “People were buying gold and ammunition and we focused on long-term investments.” At first, it was difficult for them to raise capital. “We can see a version of the future that we want to live in and it's up to us to make it.” The two entrepreneurs launched the company amidst the great recession. ![]() Vanderbeck and his partner, Randy Eisenman, wanted to change that. “The majority of the investment community didn't actually understand the day-to-day realities of creating something from nothing, growing it into something of significance and doing it in a way that had a long term mindset,” he says. While he had achieved financial success, Vanderbeck wasn’t satisfied. The premise is that companies that care for the continuing wellbeing of their communities and the environment, financially outperform those that don't.īefore cofounding Satori Capital, Vanderbeck built, sold and rebought Data Return, a multibillion dollar Nasdaq-traded technology company. “Part of the premise for Satori is that, over time, ownership always wins.” The firm funds private equity and alternative investments with a long-term approach through the lens of conscious capitalism. ![]()
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