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This is awesome! I remember when B Corps came out and I was stoked to look into it but it just seemed really complicated so we bailed. One question - have you
by SandersAK 9y ago
This is awesome! I remember when B Corps came out and I was stoked to look into it but it just seemed really complicated so we bailed.
One question - have you talked to any VCs about b corps and what apprehensions (if any) they might have?
- swampthing 9y agoThanks! B Lab actually wrote a blog post recently about that topic: https://bthechange.com/how-investors-really-feel-about-b-corps-7dcf7988a6e3 https://bthechange.com/how-investors-really-feel-about-b-cor... > Let’s look at some B Corp investment activity from the past few months: Altschool, an education company that has already raised $130M from the venture community, announced a $40M raise just this month. In April, Lemonade, a peer-to-peer personal insurance startup, received a strategic investment from Allianz, after having closed a $34 million Series B round in December. In March, Data.world, an Austin-based tech startup, announced that it had secured a $19M Series B round from Chicago Ventures, Fyrfly Venture Partners, Hunt Technology Ventures LP, LiveOak Venture Partners, Shasta Ventures, and Sherpa Asset Management AG. Other venture investors in B Corps include Benchmark Capital, Founders Fund, Andreessen Horowitz, GV, Prelude Ventures, Tao Capital Partners, Khosla Ventures, S2G, Collaborative Fund, Blueberry Ventures, Thrive Capital, General Catalyst and Sequoia. This maps to what we've been seeing at Clerky too - there could be some investors who have questions about PBCs or B Corps (we haven't come across them personally), but there are definitely investments being made by top-tier investors.