My business partner and I raised a patient capital fund to invest in healthcare startups serving underserved communities, but we're realizing our investors expect much clearer timelines and metrics than we initially promised. We're getting pressure to show returns that might require pushing our portfolio companies to prioritize financial performance over their social missions, and we haven't been direct with each other about how much we're willing to disappoint our investors versus compromise our values.
More people experience this than they realize.
Investment professionals discover the gap between their patient capital philosophy and the practical pressures from their own investors.
“Where Are You with Impact investing and patient capital?”
If this sounds familiar, the Library can help you find the bigger picture.