Kevin Jones on Social Capital Market
Kevin Jones is the founder of GoodCap, SoCap, and a Dreamfish member. In this video of a conversation about meaning and value, Kevin gives his take on creating social, environmental and financial value.
For Kevin, it is up to the entrepreneur to bring the right kind of investors to the table who are going to value what the organization creates in the world. Likewise, it is up to the investor to be aware of what gives them meaning in their life. As an investor, what do you value and how does money relate to that value?
The social capital market is investing much in the development of metrics for social and environmental value. Sara Olsen and Brett Galimidi have generously created an open source social metrics model. Acumen Fund and other Micro-finance institutions have even promoted a World Metrics Day to generate awareness. Kevin Jones offers a qualitative position in that value is like a work of art. When you break it into parts, it is no longer art. I agree with Kevin. Metrics are useful, but they are tricky and seductive. Developing qualitative ways to define value, in addition to quantitative, creates a more human generative form of economics.
You can join in this conversation at the upcoming Social Capital Markets conference in September 2009, where investors have a chance to examine what is meaning and value in developing a portfolio. Enjoy Kevin’s evocative take on social capital in this video.