All good things must come to an end, including NextBillion.net's coverage of last week's Social Capital Markets conference. SoCap was a 72-hour firestorm of ideas, conversations, impromptu meetings and a lot of blog posts – 22, to be precise. But at the end of the day, what does it all mean? I've been thinking hard on this, and have boiled it down to three key takeaways:
1. The tent is big, and growing
2. Measurement matters
3. Show me the money
Allow me to explore each of these in a bit more detail.
The tent is big, and growing
Social entrepreneurship continues to be a broadly-defined term – sometimes to its detriment. There were more than a few conversations at SoCap that left me wondering, "how is this project different than traditional social activism or charity?" Anyone interested in social entrepreneurship really must read Sally Osberg and Roger Martin's 2007 article in the Stanford Social Innovation Review, in which they make a case for definition.
Despite this, most of they people at SoCap were true social innovators or entrepreneurs. And unlike many other conferences, the panel sessions and plenary sessions went beyond anecdotes and one-offs to discuss real trends and results. It was refreshing.
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