I was going to save the world, and I thought I would start with the African continent.
Jacqueline NovogratzI was encouraged to break all the rules but to take the best of philanthropy, the best of investing, and the best of development finance, and experiment with new ways to create this venture capital model of using philanthropy to back patient capital investments, and then build solutions that were measured in terms of the kind of impact and change they were making on people's lives and in the world, not just on the financial return.
Jacqueline NovogratzBy going from the bottom-up again, we see where successes work, and you can also see where the status quo can be the biggest obstacle or roadblock to success. The kind of entrepreneurs in whom we need to invest are the kind who are willing to fight that status quo, bureaucracy, complacency, and corruption.
Jacqueline NovogratzThere is power in creating a small model, and then you can create an alliance of other small models.
Jacqueline Novogratz