Lisa Hehenberger started as an investment banker, but later followed her interest in venture philanthropy – a field that combines finance with societal and environmental impact.
Lisa detailed how financial rigor and social purpose need a disciplined approach.
Lisa shared the complexities of measuring impact as it poses the challenge of comparing vastly different projects.
She also discussed challenges of early-stage impact investing, where companies being funded lack the data or evidence to provide proof of concept.
Lisa explored extensively on the subject of venture philanthropy during her PhD and explained how it is different from traditional philanthropy.
She highlighted the need to consider systemic impact and suggested charity, public sector efforts, and policy advocacy in making substantial changes.
Lisa expressed hope for the future that venture philanthropy will become mainstream and that its effectiveness will be demonstrated empirically in the near future.