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The Milken Institute Global Conference is arguably one of the most influential financial conferences in the world, and just a few weeks ago, our CEO Jean Case was a speaker there.
As Jean talked to conference attendees, it became eminently clear that financial sector leaders see a not-so-quiet tsunami approaching, and they are all scrambling to prepare. Pointedly, they know today's millennials and Gen Z are a growing force in investing. These new generations are driving their capital to new frontiers, on new platforms, with new priorities including social impact. The financial sector recognizes that they must begin to adapt accordingly or get left behind.
For those in the financial industry who embrace these changes, there is a real opportunity to support and guide this new generation of investors who are willing to put their capital on the line to hold businesses accountable in helping to shape a better society and a healthier planet.
Gain further insight by following Jean Case on Twitter and reading her article published in Fortune yesterday, Millennials and Gen Z are a growing force in investing. The market needs to catch up.
Programming note: you will not receive Breaking Good next week, but we’ll be back in your inbox on December 3rd!
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When Madam CJ Walker launched her beauty company in the early 1900s, she likely had no idea the number of women who would follow in her footsteps. Today, Black women are the fastest-growing demographic of entrepreneurs. And Walker’s Legacy, a global platform for professional and entrepreneurial multicultural women, is making sure that number continues to grow. |
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A Brief History of Impact Investing |
To show how far the impact investing movement has come, the Collaborative Fund created a timeline of some of what they find to be the most interesting milestones. |
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INCLUSIVE ENTREPRENEURSHIP |
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Turning a Light Bulb Idea Into a Business |
Josh Fabian, co-founder of Metafy, has created the first coaching platform built for gamers by gamers, which allows the best players in the world to make a living doing what they love — playing video games online. Fabian shares both the highs and lows of his entrepreneurship journey. |
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Advice for Entrepreneurs of Color Over 50 |
This advice for entrepreneurs of color who are 50 or older (which could be equally applicable to any older entrepreneurs) caught our eye: keep current with the way customers prefer to pay and what matters to them when choosing where to spend their money. |
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Gaming with a Purpose |
Gen Z favorite Roblox is putting $10 million towards creating more opportunities for kids to learn during play. The Roblox Community Fund will provide grants to organizations that develop STEM curriculum and educational experiences for its online gaming platform. |
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