Aunnie Patton Power, Founder of Intelligent Impact - Hacking Finance With Tech To Change The World
Aunnie Patton Power is the founder of Intelligent Impact, Entrepreneur-in-Residence at the Skoll Centre for Entrepreneurship, Associate Fellow at the University of Oxford's Saïd Business School, Visiting Fellow at the London School of Economic's Marshall Institute and advisor to the Bertha Centre for Social Innovation at the University of Cape Town's Graduate School of Business.
Aunnie provides us with a unique insight into and particular approach to Impact Investing, using technology - AI, Blockchain, IoT & more - to achieve what we need:
“… Maybe there is going to be the model that works, maybe we're going to adapt it, but maybe we're going to come up with a brand-new model that creates value and wealth for individuals that are actually for the end-users of these companies, as well as making money for investors. I hope that Impact Investing continues to push the boundaries of how we distribute capital, how we distribute wealth, and how we treat the environment.”
Highlights in the episode:
How to use technology to solve difficult problems in impact investing such as capital allocation
Perpetual growth of cost model can be at odds with impact businesses
A real lack of capital at the mezzanine level
The 144 impact investment platforms and 170 blended impact finance platforms
Sitting at 40,000 ft and looking at the different silos and seeing everything that is happening
How IoT will impact data collection for impact measurement
How to create structures to incentivise social enterprises
When offering impact investment products: multiple choice questions vs questions like “how do you feel about a product?”
Useful links:
Intelligent Impact - https://www.intellimpact.com/
Aunnie Patton Power’s Linkedin - https://www.linkedin.com/in/aunniepatton/
IFC Impact Investing Principals
https://www.ifc.org/wps/wcm/connect/TopicsExtContent/IFCExternalCorporate_Site/Impact-Investing
Innovative Finance MOOC: Hacking Finance To Change The World https://www.coursera.org/learn/innovative-finance/
New Forest Fund - https://newforests.com.au/
Packard Foundation - https://www.packard.org/
Impact Finance Network - https://impactfinance.network/#findings
Dutch Good Growth Fund - https://english.dggf.nl/
60 Decibels (Lean Impact) - https://www.60decibels.com/
Ruth Bader Ginsburg - https://en.wikipedia.org/wiki/RuthBaderGinsburg
CogX 2019 + Expo & NetworkingInvitation from JP - http://bit.ly/CogX2019JPEN
Time Stamp:
[03:00] IFC Impact Investing operating principles
[05:00] Wicked problems in impact investing
[08:00] No decent impact investment data from IoT and blockchain
[14:30] AI and ML for capital allocation and chatbots
[26:00] Impact Investment platforms
[31:30] Tokenisation of blockchain
[33:46] Changing food and agriculture impact
[36:00] Using knowledge of finance to change the world
[39:00] Inspiring women behind Aunnie Patton Power
Connect with JP Dallmann on Linkedin, Twitter, or Instagram.
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Impact Leaders is produced by Podcast Publishing