The best way to invest ethically is to do it yourself. When you give your money to a VC firm to do it, they end up following bogus rules like ESG. When I inves

The best way to invest ethically is to do it yourself. When you give your money to a VC firm to do it, they end up following bogus rules like ESG. When I invest, it's always a mix of wanting the company's product to exist in the world and wanting to make money. Making money lets you invest in future things you want to exist in the world, so it's at least a good instrumental goal. But more importantly, companies that don't make money usually don't grow. So the social impact of investing in unsuccessful companies is usually small. The goals are mostly aligned as long as the product is something you want to exist.