SOCAP is one of the largest, longest-running, and most influential conferences on social impact in the world. Our annual flagship event brings together the most diverse group of impact investors, social entrepreneurs, and other players working to grow the social capital markets and social impact ecosystem. If you want to read the pulse of the movement, and uncover which conversations are trending within the impact community, you need only review the coverage of SOCAP19 on Twitter. Here is a selection of some of the most liked and shared quotes, photos, and on the spot commentary that attendees tweeted over the course of SOCAP19.
#SOCAP19 Coverage
Spent time at #SOCAP19 with @RDFoxworth @aliciagarza @rashadrobinson, talking about race and wealth.
Wealth is crystallized history.
It's about power, not empowerment, for people of color.
And how do you know when you have power? When people are afraid to disappoint you. pic.twitter.com/nAM0tCjqNx
— Felicia Wong (@FeliciaWongRI) October 25, 2019
Not so fun facts: California receives 50% of all #venturecapital, and its homelessness rate is growing 50% year over year. Learned that today at #SOCAP19 in a private session involving a number of the state’s economic advisers.
— Dr. Astrid Scholz (@ajscholz) October 24, 2019
"From a production perspective, if you cannot produce food, then you cannot sell it. And you can't provide for your family." Manoj Sinha @HuskPowerSystem on the importance of increasing agricultural innovation in the developing world. #SOCAP19 #FoodVision2050 pic.twitter.com/vxzVTDFKFw
— The Rockefeller Foundation (@RockefellerFdn) October 22, 2019
“Catalytic capital” is essential to make deals happen that wouldn’t happen otherwise. Examples include: investing in “challenging” places where political problems scare off traditional investors, “derisking” new and novel businesses etc @OmidyarNetwork #SOCAP19
— FT Moral Money (@ftmoralmoney) October 23, 2019
OH at #SOCAP19: “Catalytic philanthropy can mobilize a lot of capital with small amount of money,” said Jennifer Schorsch of https://t.co/PjPtVqhVgY. “Your customers should participate in the solution.”
Catch up on #SOCAP with our roundup.https://t.co/Vsxx5icrxN
— ImpactAlpha (@ImpactAlpha) October 27, 2019
➡️ Thoughts from #SOCAP19:
"We are not hunting for patient capital, we are hunting for courageous capital" -fund structuring panel @GittermanWealth @naumanbilly @FundFire
"If we are not experimenting w/ product design, what are we doing?" Anthos Asset Management’s @dimple_sahni pic.twitter.com/8yMw1wCjDG— Dmitry Fotiyev (@DmitryFotiyev) October 26, 2019
Thanks to this #OpportunityZones dream team. We come to this policy from diff vantage points (gov’t, philanthropy, investment, impact), but we converge on the priorities of #community, collaboration & #econdev outcomes. #impinv @RockefellerFdn @OtisRolley @kpmg @Sorenson_Impact https://t.co/f92HC4jD3n
— Fran Seegull (@franseegull) October 24, 2019
@ctemp Chuck Templeton from @seed2growth “Agriculture has an element of both climate change and nutrition” during the How Food Can Be As Big As Energy | @SOCAPmarkets #SOCAP19 #SustainableAgriculture pic.twitter.com/4hIa88WrNn
— Wendy Foo (@WendyFoo9) October 23, 2019
Kate Byrne of Intentional Media (SOCAP’s Parent Company) “Purpose alone is not enough, and neither is shareholder return. We are now living in a time of both/and.” pic.twitter.com/FmfDImWjyB
— SOCAP – Social Capital Markets (@SOCAPmarkets) October 25, 2019
When everything is owned by capital, and capital wants to extract maximum returns, #socialimpact goes out the window, says @marjorie_kelly @democracycollab.
We need an economy with broad based ownership – and public banking is a key approach.#SOCAP19 #banking #socimp
— NextBillion (@NextBillion) October 25, 2019
Why the terms we use to describe displaced people matter: “Refugee” is not an identity—it’s a status, Aline Sara (@ambirouge) tells us. #SOCAP19 pic.twitter.com/tjreITLCnD
— OpenIDEO (@OpenIDEO) October 23, 2019
“In our opinion, Latin America is the best place for impact investing. We have a lot of problems, but on the other hand, we have a highly educated and talented community of social entrepreneurs that is thriving.” Rodrigo Villar on the #impinv opportunities in #latam at #SOCAP19 pic.twitter.com/L537OuhpNI
— SOCAP – Social Capital Markets (@SOCAPmarkets) October 23, 2019
“Moving to 25 percent might not seem that big a jump but it represents an intentionality.” Kresge’s U.S. assets are currently about 15 percent minority- and women-owned and will get to 25 percent by 2025. #SOCAP19 #25by25 pic.twitter.com/oexV4RDWsJ
— Kresge Foundation (@kresgefdn) October 24, 2019
Market or Mirage? Opportunity Zones Come into Focus @ #SOCAP19. "It's a unique moment for those who want to bring economic vitality to communities." pic.twitter.com/zY9NmF4Upu
— Wharton Social Impact (@WhartonSocial) October 23, 2019
"Capital is flowing at a large scale…but it’s blocked as you move into the rooftop solar market in India." 🇮🇳
A great example of #ImpInv: facilitating a systemic intervention to address a funding gap.
MacArthur's John Balbach at #SOCAP19. pic.twitter.com/JDeWJnx7Sf
— MacArthur Foundation (@macfound) October 23, 2019
High-level takeaways from @echoinggreen panel at #SOCAP19: 1) Catalytic capital/recoverable grants (versus dilutive finance) often right-fit for early-stage #climate ventures; 2) best results for #impinv include lasting behavior change & increased trust in/throughout communities.
— Hannah Levinson (@djhannimal) October 25, 2019
"We have to move away from the old Modern Portfolio Theory. It is not serving our planet. A transformation of the financial system is needed." @lisa_kleissner @ToniicNetwork at #SOCAP19 Secrets from 10+ years of impact investing @RobynnSteffen @OmidyarNetwork pic.twitter.com/rmtBeiGhIW
— Kristin Siegel (@siegelkristin) October 24, 2019
Digital storytelling for good: a story should be a story. Elevate storytelling beyond “us” to addressing the fundamental issues to make a difference. “Storytelling is necessary until the mission is accomplished.” @microdox @LUNAbar @spotlightgirls#SOCAP19 https://t.co/OxCDv6xMPs pic.twitter.com/H0b9FFE0Re
— OneWorldTI (@OneWorldTI) October 24, 2019
“Only about 1.3% of VC funding goes to women entrepreneurs of color” – @Impactpreneur Daryn Dodson of @IllumenCapital making it crystal-clear why #data matters. #SOCAP19 @SOCAPmarkets | #impinv #diversity pic.twitter.com/mC6YHEUHVc
— Iris Weges (@IrisWeges) October 24, 2019
When we interrogate whiteness, sitting in the space of discomfort and being open to the truth of different perspectives and experiences, you can start to build skills to interrupt those patterns that oppress communities – Andy Brower @WK_Kellogg_Fdn #SOCAP19 #racialequity pic.twitter.com/4MgizBDo2u
— Capital Impact (@capitalimpact) October 23, 2019
Trust and courageous leadership are at the heart of this movement of transforming our economy to address both #climatechange & economic injustice—@AkayaWindwood @AmakaAgbo #FinancialActivism #SOCAP19 pic.twitter.com/f4OvpQFYHX
— Kristin Hull, PhD (@kristinhull) October 24, 2019
“This year I’m thinking a lot about the people who aren’t in this room…who are searching for this conversation, but haven’t heard about impact investing – much less SOCAP. This can’t just be for the 1%; it needs to be for everyone.” @SOCAPmarkets CEO @LindsaySmalling #SOCAP19
— SOCAP – Social Capital Markets (@SOCAPmarkets) October 23, 2019
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