Making impact markets the new standard in government procurement, interview w. Erdem Ovacik ๐ค
Description
Key insights:
* Interview with Erdem Ovacik, Founder of Impact Markets, Founder and ex-CEO of Donkey Republic ๐ฒ
* Erdem is a big believer in impact markets - a marketplace where (primarily) governments pay companies and other organizations for a specific positive impact - or receive a payment in return for negative impact ๐ฐ
* Impact start-ups today donโt fulfill their full potential in solving our various social and environmental challenges as governments donโt take all the start-upsโ positive and negative impacts into account ๐๏ธ
* Erdem gives the example of Donkey Republic, the start-up he founded, to show that they had a lot of positive impact, but it was not accounted for and they never got paid for it โ๏ธ
Agenda for the chat:
* Definition of the concept of impact markets ๐
* Data issue for impact markets ๐
* Donkey Republic case ๐ฒ
* Think about impact markets as an impact VC ๐ก
* Erdemโs current project ๐
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit impactvc.substack.com
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