3 ms·
> I never believed the whole "change the world" SV nonsense, and always knew it was nothing more than cynical marketing. It certainly is. But I like to believ
by yokaze 6y ago
> I never believed the whole "change the world" SV nonsense, and always knew it was nothing more than cynical marketing.
It certainly is.
But I like to believe, there is an underlying reasonable philosophy behind it.
Every company tries to make a difference, that is its value proposition. If your value proposition has a negative social impact, it is not a sustainable business model. Legislation will eventually render your business untenable. (Even if it takes centuries or decades like tobacco, or fossil fuel).
So, considering your social impact makes business sense.
To quote Paul Drucker:
"Responsibility for social impacts is a management responsibility — not because it is a social responsibility, but because it is a business responsibility. The ideal is to make elimination of such an impact into a business opportunity. But wherever that cannot be done, the design of the appropriate regulation with the optimal trade-off balance—and public discussion of the problem and promotion of the best regulatory solution — is management’s job."