 I hope by now that these are familiar faces, so I'm not going to do any kind of extensive introduction In fact, I'm going to ask each of you if you could to just tell the audience who you are Just who you are and who you work for you know your name of your company, please Hello, my name is Oliver Karius I work for LGT venture philanthropy and we are an impact investor investing social into social enterprises in emerging markets Hello, my name is Faraz Khan originally from Pakistan and I am founder of a company called seed ventures that invest in grassroot businesses in emerging markets Hello, my name is Veronica de Souza. I am the co-founder and managing director of the RubyCup My name is Bo Seil. Me and two business partners actually two business partners and I Last year launched an investment firm called United impact which is really focused on investing in livelihood ventures in Asia So anything that boost incomes for low-income populations or provides new livelihood opportunities Thanks everybody Now I want all of you to know that these colleagues of ours don't actually know much about what I'm going to ask them And so I need to address you for just a second I'm going to ask you some really very simple questions, but there are questions that really require you to answer me with complete candor So whatever the question is, you know, think about it for a second if you need to and we really want to know, you know What the thought is that that comes in response and for the audience after we've had a chance to talk together We're actually going to invite you into this conversation a little bit too So you might be doing your own thinking as we go along here So to start this off Maybe I'll start with Bo if I could In the last couple of days, what if anything has happened for you that has been kind of a mover of the needle for you? Has anything happened that's really moved the needle for you in terms of your own work? Yeah, I mean as I think about it coming over here was a different perspective I'd been to SoCAP in the US a few times And we do most of our work in Asia, but I hadn't had a perspective on what was going on I think in the minds of folks over here So it was a very I guess you could say isolated perspective on how we on the West Coast and the different folks who I talked to Kind of viewed things and so for me it gave me a new perspective on approaches to sustainability What folks were really interested in when it came to even what impact really means And how we as a group actually need to message better in certain ways What people are looking for and what people are looking to learn Great, Oliver, you're here more How about you? Did anything happen in the last couple of days that moved the needle for you? Always Glad to hear it We're based, a small part of our team is based in Zurich So we've been watching a little bit what's happening in the impact investment space in Europe And I think against the context of what's happening politically I think it's super exciting to see that the image that comes to mind is like the wave is about to crash And we're on the surfboard and we're going to ride that wave And there's a constellation of a lot of interesting factors Whether it's capital, whether it's entrepreneurs, policymakers coming together and you get that buzz So I think it's really exciting and probably wouldn't have that same thing if you would have done it three years ago So interesting, there's some new perspective but also the sense that maybe there's a little of catching the wave finally Timing is starting to be right Somebody else said something to me the other day about early in the conference about the idea of feeling like they're a little bit on a surf ride It might have been you actually Veronica, how about you? I think a meeting with an investor before I came here Any meeting with any investor is a very scary thing for a social entrepreneur You're like how is my cash flow analysis actually looking and my estimated numbers for three years break even and you know And you're just scared of all the questions you're going to get And I think I always had this idea of what are the investors actually valuing So this gave me the opportunity to sit and listen to the insights of the thoughts And I think my surprise is that I found that the investors you are you investors are very similar to entrepreneurs Especially one session where it was discussed that what do you value and you value the people The idea obviously but the people that you work with and the relationships and the passion that you see in the project More than the numbers that is shown in the business plan And I think that is exactly what you value as an entrepreneur as well What you do and your passion so that made me very happy because now I know we speak the same language Did it give you more confidence? Yes, I think so because it takes away the it's like going to an exam and you think you have to know the whole curriculum Right And so you know like okay it's fine if you fail on some things as long as you have the right things right Then it's okay and you can actually use the advice and not have to know everything So yeah, much better prepared now And so the investor is less of a foreign quantity to you less of a mystery less of a fearsome something I still think that investors speak a very foreign language But I mean I need a translation sometimes even though I went to a business school And I still today honestly will say that I won't actually know whether I want that equity at what point in my business life But I do know now that I have contact and can actually ask people who are sitting on the other side and say Well, I have an offer from investor and I can call somebody or write them and say Can you talk me through this? Can you help me with this because you understand exactly what I'm saying It's not a scary thing Great transition to Faraz actually I just had this thought Faraz and I were in a conversation yesterday And one of the things he said when he was introducing himself was he said I actually don't do well with jargon do you remember when you said that So now here's an entrepreneur who's saying you know investors sort of speak this foreign language And you know investors can do better frankly at speaking clearly to entrepreneurs Is this bringing up anything for you? This isn't quite the question I was going to ask you but here we are Absolutely I mean most of the investors, I wouldn't say most of them but the paradigm is basically changing Now the entrepreneurs are becoming the investors and you would find that those investors who have actually been entrepreneurs They're less jargon oriented Coming back to your original question I was just thinking and this conference has worked for me on two scales Intangible and intangible and for intangible I'll just quickly share an anecdote A year back my seven year old daughter she wanted me to take her to a video store and get her door at the explorer And I was busy in a meeting and she kept on calling me She called me once, she called twice, thrice and I said I'm in a meeting, I'm in a meeting And then she sent me a text message and said this is important, call me I called her and I said listen, her name is Lailama I said Lailama I'm really busy, I promise I'll take you And she said Baba can I say something to you? I said yeah And she said lack of commitment, now these are her words She was seven years, seven years, two months Lack of commitment is not conducive for relationship That was a needle mover And I looked around in the meeting and I said listen I gotta go I drove my car, I went back home, I picked up my daughter and my wife I got her the DVDs and I asked my wife for lack of commitment, conducive relationships Where is she getting this from? And Socap over here These are all those questions that made me realize that we are living in a world where the children are extremely informed They are very engaging and very daring compared to our generation And they ask questions, questions that we need the answers And Socap basically gave at least the direction to those answers That was the intangible bit The tangible bit was that I've been actually looking to create a window for Pakistani social entrepreneurship landscape for international investors and entrepreneurs And I found my solution with Bertola over here Oh fantastic And we're creating a project and hopefully in three and a half months time we create that window That's fantastic Great to hear Any thought that that brings up for you Kevin? Other than seven year olds who are overarching I've experienced those as a grandfather these days I think the commitment and the relationship I think I've seen four or five Swedish investors here who have come here because they've invested in a particular entrepreneur who's appearing here Somebody who was an investor in Pea Pupil Somebody who had done like Hampus Jacobson around Barista And they'd only seen the commitment to the individual And then when they got here they said, oh there's more like that, that's in context And so I think they were led by the commitment to the relationship And I think that it opened up This is really interesting Swedish investor Her father had a business that built things She has a business that is investing And she's looking to do that kind of investment But I think the relationship and commitment brought them here seeking context So I think that's a key thing that I'm seeing here, absolutely So you ended up with a new idea actually out of the last couple of days Bo did anything come up for you that was Did you actually generate any new ideas for your own fund for your new work? Did that happen to you too over the last couple of days? Or was it more about making connections and sort of this perspective that this is provided for you? Yeah, I mean all of our stuff is really Asia focused So it's very very nuanced in a lot of ways So from new ideas I would say no Connecting with some folks and also feeling like there were people that I could help connect with other people who I think they would have never come in contact with Because there is a divide on a geographical basis And I've heard a lot of people come up to me and say Have you tried to replicate that in a different geography? And I said we're always willing to do it, but I don't know where I would do it Or I think Veronica and I talked quite a bit about different people I know in Asia who could be very good partners as she starts to scale her business So it was really more on the connection side Great, Oliver how about you? Do you actually spawn a new idea for you the last couple of days? You know you're sort of seasoned at venture philanthropy It's more that a couple of ideas that we've been discussing with other investors We've got validation for that So one certain thing when we spoke to a lot of the entrepreneurs here And this is always the inspiring part Is we always here we need working capital That's a lot of times And we've been together with the Shell Foundation And some others we had an energy round table in Zurich in February Where this came up So the more we get this kind of validation It sort of spurs us on and say Okay what can we do in East Africa to create a working capital facility That all the entrepreneurs out there can just go there and say I need X to ship whatever Let me get on with it So it's put the ball back in our court to think through some of these structures That can be very simple But what is really needed out there to move the needle? It's more like impetus Like I need to do more to solve this problem I can do something about this I don't have to just sort of claim that it's somebody else's Yeah great great How about you Veronica did you have an actual new idea for your venture That came out of the last couple of days Anybody sort of change your entire strategic focus for example? No That's probably good news But for now I did have the privilege of having the table out here And doing the pitch here I think I have been very very lucky personally Because it's much easier to stand up here and say something And then anybody who's interested can come and find me Instead of me spending three days running around and finding you So what I do have is ten pages in my book with really stressful notes Of a hundred ideas from all of you that I spoke to Who had insights And both from you know Everything from who to partner with To rethink the way you brand it To should it be pink I mean on so many different levels And I have not had time yet to digest it I'm gonna do that when I come back And I'm very very proud to go back to my partners in Kenya And discuss all these ideas So I didn't have any new ideas But all of you did So thank you very much for that And the hundred ideas that Veronica is now digesting And I think as an investor it's also good to hear That you didn't change your focus Because of the last conversation you had That's also a reassurance of focus But then ideas to add to what you're already doing Or maybe change the branding Maybe change the color Maybe change some of the marketing around it But that's also a good thing Where you suddenly didn't say I'm working on something else No, I mean it's also I mean my business is very simple It's only one thing so if we eliminate that We have to hold on to something No, but I think When you put yourself out there And that's actually my experience too I've also had great discussions All the other fantastic entrepreneurs that are here And when you actually risk it And put yourself out there And don't always try to speak the language As if you are in control of everything Every time you meet a stranger But actually say the things that you don't know It's very banal But it really works It really, really helps So I think personally that is what Has benefited me the most Actually putting your skeleton And your meat and blood And then people can walk by And punch you in the nose And you realize where it hurts And where it's actually okay That's well said, yeah Sort of, yeah Thomas Jacobson finds your business interesting He might be a guy to continue to follow up with Here in Malmo who does investing He did give me his email and said contact me So we'll see, he responds And he responds, yeah The next question is a little more A little tougher In other words, it's really one that I care deeply And I know Kevin does That we've learned from you about But it's sort of the other side of the coin Which is did the last two days Inspire anything to come up for you That was like major stomach Sort of a little queasy Or either for your business Or for this enterprise of creating This market in the middle Was there any kind of worry, doubt Fear, disappointment Or just plain like You know, something I thought I felt so sure of is now feeling A little less secure And whoever of you feels ready To answer that should just pick up the mic And give us a candid response Please I still today Don't actually really understand What is the difference between an impact investor And a really good investor In general Like what is you know Because if you have a really good investor That takes care of all the different needs You have and helps you and supports you Trains you, understands your vision Whatever your business is I still have a difficulty understanding Where people position themselves in that And how the deals can be different I'm not in doubt about how many Great investors there are And that the market is different And that you're looking for different things But the matchmaking with the right investor Are you the right investor for me And not the branding or the name or the stage Or do we understand each other Do we speak the same language So that was still a confusion I guess And that's really good To be at that stage Where you don't know I think probably the Voxstra folks Maybe said it pretty well this morning And they're the Nordic Impact Investment Fund And they said When they sold it to investors They sold impact and then said They sold itself And so I think for at your stage You want someone who What they want is to make a difference And they want it to be financially Sustainable over time I do understand what impact investment is But in 15 years, 20 years Let's hope if we all continue in this direction There is no difference between Social business and business And I think it's interesting Because sometimes you can get stuck In words and definitions Are you at this stage? Are you an impact investor? Is this patient capital Or is this something else capital? And it's just been confusing to navigate In the whole And it's part of, you know, it's being developed But I just That was my stomach feeling after two fantastic days It's still You need the right investor who understands What you're doing and who has the beliefs And what you're doing and the impact that It's a great place for an entrepreneur To have a queasy stomach because What matters with you is really So significant when you Decide that it's time for you to access capital Which for you is now So I actually feel sort of good that Your stomach is turning over a little bit The other side of it though about The sort of the space of opportunity And sort of clarification That's the other side of what you're saying Which is I think part of where we are In terms of an evolution Who's next? Anybody? Again, on two fronts Extensive jargons Which actually make life Really difficult for Entrepreneurs especially Now I've been a grass-root entrepreneur When I go to people now and when I Invest, I don't ask them these very difficult Questions and ROIs and And seed and all that and I say What do you do? And he said, alright This is what I do, it's like alright So how much money do you make? In his language, in her language How do you do your business? And then It's up to me as an investor to actually Put these jargons And models according to the information So I think that needs to And that's an education for investors To actually redesign Their communication On the other front Not exactly a worry but The momentum that has been created In this gathering The fire, the excitement The exchange of ideas The thunder The continuity of that And this continuity Not only in terms of staying in touch Or networking or communication of ideas But actual actions A continuum Yes, how and Where that is going to go to I mean if this dilutes it fades down It would be one of the most unfortunate things I'm sure it wouldn't and That was a question that came in my head Just to follow up on one point Before I kind of make my other point I think that the communication does need To be better between entrepreneurs and investors One of the things that I'm finding a lot And it would be interesting to hear Oliver's thoughts as well is We have very limited teams And a lot of times I find myself Helping the entrepreneurs bake And iterate on their business models Which I think is great and we have a commitment To doing that One of the downsides of that Is the process If I have to go in And help someone completely rework their financials Because they haven't taken the time To figure out how do I present this In a way that's easily digestible So there's always that balance We're very open to helping But then there's a lot of frustrations A lot of times that come from the entrepreneurs When I think that there were some things That they could have done to prepare their materials A whole lot better so I could actually Understand what they are doing We're very We realize we're in a messy business A lot That it's very early on We're based in San Francisco too One of the things I see from all my other friends Who aren't in impact investing But are raising money all the time They go talk to every one of their Entrepreneur friends They do their pitch 15 times And they put their materials together And they say how do I need to present this If I go talk to a client These guys and so they're really working on it And that's one of the problems about The space is that it's we're very Very fragmented from a geographic standpoint And having access to people who've gone through that Process is very difficult as well So one of my pieces of advice would be Don't be scared to talk to your investors And say I need to understand this But don't be shocked when I say I need you to go back and put this together Differently because I can't understand it And then you know kind of on the other side What's made me a little bit I would say concerned is And it's kind of been building A little bit And so it wasn't all here today But when I did hear some people Who are very well connected and understand How foundations invest And how people are looking at Program related investments And where money is flowing from And that traditional financial institutions Are not a source you can go after It did put me in that state where I thought We still are very early on in some ways And we've been able to raise tremendous amounts of funds And so the reports that come out And say we're going to have a 10x increase Every single year and the amount of funds going into this I think that we just need to be patient And we realize we have a long slug Ahead of us And you know just as My business partner was really There in the early days of venture capital Back in the valley It took a long time and it wasn't until They unlocked some different regulations That said that pension funds could now invest In other funds They started seeing money flowing And I think in some ways With fiduciary responsibilities Based on foundations of saying Either I need to do it as a program related investment Which I can't even It has to be primarily Not for profit And some other things And then they switch their investment hat on And then they need to say Hey I need to preserve all my capital And if I do a bad investment We still got a ways to go I think that's very True and I'm not surprised That's kind of feeling like a worry And as someone who's raised Capital previously in several Impact funds in California It looks to me like it's getting slower To raise funds not faster So Oliver The worry The niggling That we're not moving fast enough I think there's sort of a part of me Which is super excited And I can go away with incredible Insights and great new friends And that you can work with But also go away And the kind of problems That we're trying to solve We need to get moving And we need to get away From it needs to be completely Designed It needs to be this kind of risk Averseness somehow We have I think the belief In the resources that we have And the kind of visions that we all Carry in our mind to work together Much more collaboratively So what I would love to see at Socap For me is the kind of third P At the table If you think about public money Private money But also philanthropic money And where are the big companies That are setting up BOP funds That have tremendous resources For young entrepreneurs Where are they? There should be a table The policy makers should be at the table Saying hey here's a great new structure We need to That's a fourth P And for me that's one thing That I go away with How can we in the sector bring Those kind of piece together And make the cake bigger Rather than having to discuss How do we slice up this little muffin That everybody's happy And probably you're feeling some of that same Sort of sense of the I know I am That you know we've got to design Better for moving faster And actually Whether it was purposeful because you can Read my notes or inadvertent You've actually made a beautiful segue To my next question Which is actually the same question we're going to Invite you in the audience to help us answer And I'm going to ask you to follow Some rules in answering this question And I'm then going to ask the audience to follow So and you will be particularly good at this Because you've been practicing your Short pitch The question that we actually really Want to hear from you about is If you could design the next SoCAP You just offered a design point Actually if you could design the next SoCAP what would be The piece of design what would be The piece of content what would be The piece of new stuff That you would design in the next SoCAP You're the designer now you get the chance That my request of you and it's going to be My same request of the audience is You're going to have to answer succinctly So give it a little thought Because I'm going to need To hear from you in sort of a single Sentence as in In the next SoCAP what I would do Is design a matchmaking Day for investors and Entrepreneurs that would be an example That's not a good example to say but that would be An example of how I need to hear from you Because that's also how I'm going to invite You to do a presentation And Rosalie and Kevin and I are All as our whole team Super interested in genuinely hearing from you So starting with you And Veronica you are ready to answer So I'm going to let you go first And I think Rosalie is actually Yeah thank you very much I don't think matchmaking is that wrong But I would just I would do speed dating Speed dating Half an hour two minutes You have the chair That's what you introduce yourself to the person You sit in front of, that's it That was beautifully done You met all of my expectations too In terms of the process I would basically Design it in a way that Creates structure That each and every participant Should contribute Something in action Rather than just exchange of ideas Terrific Each and every participant Would exchange something in action Not just in ideas Beautifully done I have the image of a potluck And if I would design it I would build on your suggestion And answer three questions Why are you here What do you want to get out But also what do you bring So that it becomes a two way exchange Of capital Whatever it might be And particularly that last one So it's really about what are you bringing That I really particularly Focused on Rosalie are we going too fast A little too fast The Oh have you got You good Just one idea that I've always Thought through at conferences And I'm still trying to figure out The foundation for this but I feel like One of the things that we spend a lot of time Doing is providing background material As opposed to diving into nuance And as opposed to me Coming and giving you know Telling you for five minutes what I do If we could perhaps every single Panel that people are interested in If I just recorded a five minute video That was my spiel and Before people came to the panel You know put some onus on people coming to panels To actually know what you do And it's much more interesting so then If you and I are talking What are the lessons you've actually learned How would you deal with this as opposed to Getting introduced to one another Which they could actually you know I should be willing to do that And read on somebody's website really what it says I just think we'd learn a lot more So what you're talking about really Is both about being prepared to come To a panel but it's also about the panelists Being really prepared in advance With something that comes ahead of you And video is a great I think A great tool for that I went to a conference recently And there was a panel I went to Which honestly I had no expectations To be good it's the best panel I've ever been to in my life Because of how nuanced they got into the discussion I actually learned a tremendous amount About things that I didn't know It was really in depth about micro insurance And you really got to learn What some of the top thinkers The biggest challenge is that they were facing As opposed to just a very Blanket approach to what is it And all that and I think we've kind of gotten there I think people are and you will have People coming who won't know A tremendous amount and you know There will be some background material that needs to be provided What was coming to mind to me too Is if that also contributed to some of this Design to move faster you know If we could get into the nuance but come out of that With design components for what are the gaps We need to fill to move faster that becomes A really efficient use of all Of our commitment I think these are good ideas I don't think I If you look at take this as a potluck What do you give, what do you bring Without jargon I think we've heard that really clearly And Then the idea of quick speed Dating where maybe you get Into the nuance thing with Speed dating partner number seven Speed dating partner number twelve So I think you have to do some kind Of moderation between need to know What everybody's up to and then I want to know A lot more about what you're up to So I think some tools around What do you give and what do you Want but how do I Find out who's here that I don't Know and I think those are great I think those are great For you and the audience We're going to turn this over to you now We've got ten minutes That's plenty of time for some Great suggestions from you but I'm going To ask you to follow My basic sort of Ask which is when you're ready To talk it's a sentence, it's a very Specific concrete design element Otherwise Rosalie's hand will fall off And we won't be able to keep up But we're really interested in hearing from you As well so if you've got One and you're ready to go raise your hand And the quick moving beyond How do we get Twenty percent Of core foundation funds Into mission related investment By the close of the next administration Which would inject a hundred and forty Billion dollars Maybe if we'll write that in shorthand It would be twenty percent I'll work my way up Foundation Yeah Corpus Perfect thanks Arthur Ready to go? I would look at Socap itself as an enterprise And make a plan for Socap Ten years hence and then bring it Down okay impact which We're looking at Socap Ten years from now and then Who joins in three years from now five years Have a big plan like an enterprise And then break it down to what you want to do next year So start with the vision of ten years out And then reverse to here Have you got that? I feel like I know we're making you do the five Farthest work you okay Next I'd love to see more facilitated participatory spaces Can you say that one more time Because I'm not sure everyone heard you More facilitated participatory spaces All right more facilitated participatory spaces Do you mean like open space? Okay great thank you And actually building off of that I would love to see A wall where people can put their questions That they're sitting with Okay that we can all like learn from each other So somewhat like I was asking here When folks come up for you that's a question If there's a physical place Where you can put your questions And the second one for another participatory space Would be collaborative art space Where people can actually design the future That we want to see That's music to some of our ears I need to tell you that So Rosalie do I need to Got it okay Because we're ready to go with another one You would make you stand up if you don't mind I'd like to actually combine I think all four and a couple of peoples over here Sort of on the speed dating model But take people When they give what they're looking for Have some sort of metric For a participatory meeting Of say four or five people That don't really know each other And just have them brought together At a particular time during the conference Because I feel a lot of people here Don't know who the other people are And you just can't shift through this many people So if instead you did it by the metric Of what they're looking for And you can put a social entrepreneur A funder and X Y and Z So the design component would be sort of Put people together by what they're looking for And say that last part again In a small group Small space, small group Thank you very much Hello, my question is Can we encourage the design Of a transnational economic community Of impact pooling central capital And facilitating community and network development Through a commodatory process That would override the compartmentalised constraints You know what I'm going to ask you to do? You're the master by the way Of creating a sentence Would you mind coming down Physically coming down And giving Rosalie what she needs To turn that into a design element Just come on right on down Thank you very much I'm Rick Holt What I would like to do is combine several of these In a charrette type Where you have a table of interest And there's a point at which you have the pop-ups Which is a great thing But the table of interest allows people To go find the people that are there That represent a different interest That we could all aggregate to A little bit of a build I think on some of these design components But it's the charrette concept really Did you, are you okay? Who's next? I would build on some of the themes That were started here In terms of providing some scientific context So that entrepreneurs can identify Planetary opportunities With some of the large scale contextual threats And opportunities that are happening Within the planet On the global and local scales Are you speaking like a map With the planetary opportunities? I think there are different ways to communicate it But I think that the scientific data Provides a very important context That maybe is sometimes not necessarily Very obvious when we're just talking About addressing needs That there are other factors And having the resilience center here Was wonderful but to be able to continue That dialogue seems important So really having that scientific body Of facts and evidence behind I think that's a really important point I think we often all get sort of lost In the now it's a deal as opposed to What was the underlying assumption That led us to think that this was An area where we needed to invest Go ahead I would build up on those points And I would love to see an opportunity wall Which just says this is the idea Or maybe this is the need And this is the person to talk to Okay so again this is a physical wall And this is an opportunity And this is the person to talk to So you present your opportunity And actually the person to talk to gets Written up there Did I get it right though Because we don't want to get your design idea wrong Yeah there was right I just wanted like an overview board I could see me later and you say That sentence was completely wrong Thank you Hi Three simple ones One on the terminology issue Is a glossary page of Investor definitions in the handout That goes out Great To glossary Are you applause Thank you The second one is an entrepreneur If possible on each of the panels Alright Have that actual meaning Got that one And the third one I guess ties in with the science guy here About having some sort of Systems mapping What are the connections between some of these And potential negative impacts Of certain investments as relates to other Investments May I ask you one follow on to that Would you actually see that as a map Everybody is drawing on or do you How do you picture that Just tell me quickly Well we have these sketch artists Maybe there's a systems mapping sketch artist Great That's a great add though Thanks Whose hand We've got time for about five more I think if we keep this going at the right Thank you so much Yeah Hello I see we are like A lot more focused on the sharing Of the explicit knowledge More factual knowledge I think for next session We can more have a balance for sharing Of the tacit knowledge as well Like meaning more skill sharing Skill building personal Culturation Okay so skill building Personal like a Culturation Is that what you're talking I just want to make sure Yeah Okay thank you Sorry I don't want to move so fast That we miss your We miss it And we don't get what you're You know suggesting So that's why I'm stopping A little bit Please go ahead Hey Two simple ideas First is just a simple page That's going to be called What's next Where every single person Investor and entrepreneur Could put an action list So that we make sure That we go forward And the second is Just a video diary camera So one corner where There is a camera And people can leave a message For the people that They didn't manage to speak to So it can be a Speed It can be a pitch And an entrepreneur Sends to an investor He didn't manage to catch Or whatsoever Just a message for the future Okay But you're using a camera right Okay I've got it So you leave your message In video form Or in camera form Media form I'm sorry I don't want to discriminate To the people on the right side Since you only gave me Three more There he goes Bravo More science and more knowledge Sharing to encourage more Transdisciplinary dialogue Between social and environmental I've just noticed a bit of A division between the two And we really need to Learn from each other For these very urgent planetary Problems Did everyone hear that one In the interest of time That basically makes sure That we have an interdisciplinary Dialogue going on Lots of graphs Lots of knowledge sharing Data Things that allow that To become more integrated Correct My one sentence Recommendation is to bring in Representative citizens And communities In order to co-design A solution and implement them Instead of designing them Within a club of entrepreneurs And investors So the stakeholder The client Is here You okay? I'll give Yeah Sorry I think a lot of companies They come here And they find themselves At a crossroads So it would be really cool To have like a competition You're bringing one company They're at a crossroad And they're really open About their whole organization And everything And have SOCAP Just input everything Into that company Possibilities and contacts And then throughout The conference And then come up With some sort of Where should they go now? So it's the whole village So to speak Giving input to that Entrepreneur at a crossroads If I got that right Okay, thanks And I think we can do Two more Is that what you got? Okay I have an easy one Allow for more muse Allow for more time In the interactive sessions And give us some more Open space And I mean outside So it's not that noisy If you communicate More time More open space Physically open space Get us outside Following on the glossary If you could post some paper Somewhere where you Put the definitions Of the words And the jargon So that people that speak Other languages Could write down What they could be In other languages I'm trying to think about How I'm going to take that Back to where I live And I'm not sure How to translate All these things So be more aware Of a multilingual ability To translate At least in terms Of those very important Terms that can turn into jargon But thank you Oh, Speedy won And thank you to all of you Kevin, go ahead Yes, of course What I'm visualizing is There are four or five main grades Mandates, investors, entrepreneurs And regions, country regions If you can have Some sort of a diversity search In which, for instance I want to search someone Who is doing water investment In Guatemala Names come up So it becomes easier For any and everyone To get connected And be more specific about it Right, okay So again, it's the use of The tools that we can use On online media The SoCAP Connect But make sure that it really Can do that kind of, yeah I guess so Please, of course I just want to make one argument Against it Right now I think that Focus is very important Both for the entrepreneur And for the investor But the more Closed you are In what you do So the investor is I can search Menstruation Okay, nothing is going to come up But water Guatemala, right And so you'll be approached By somebody And you will not Actually be open to new ideas And just My personal experience is CEDA The grant that we got From the innovations against poverty Was completely open And that's the only reason Why we could get the seed funding So if you just keep on thinking I would rather try to You know Keep your focus But keep it open in some ways And not try to learn To think in the Boxes That can be a Yeah Well Kevin This is You know This is where I want to Come back to you And also to close this out As a Founder Of Socap convening And as a co-convener Of Socap with Rosalie This must sound to you Like a little bit Of familiar territory You know This idea of welcoming The outsider And keeping the open Open mind Along with this Craving, this hunger Obviously for people Design more ways To quickly interact Any thoughts or ideas? Yeah I think a lot Of the questions And a lot of the requests Are What I hear a lot Is that We don't want to be Drowned in jargon We do want some clarity And you know Bringing in science Bringing in some Systemic reality And yet being Open to Geez This new thing So I think it's You know Probably the The single piece of Research that stuck In my head today Was something from J.B. Morgan Where they said 60% of investors Would take a Discount to return And 60% Don't think They need to That's 120% That means They're not clear They're of two minds And yet They're taking action Before there's clarity I mean The good news is It's not clear It's really early And yet Lots of new things Are happening In response to the demand I mean And I think Maybe the best way I've Heard to sum up The core of this market Is that This is a market Arising in response To a moral hunger And action Goes first And clarity Comes afterwards That's What we're doing. And You know One of the things That I so appreciate About your hunger And appetite For joining us In this conversation About design Is that One of the things That really Made it so important To me to join This organization Is the idea Of a core value Of setting the table Well Which is one That I feel A very strong Personal Attraction to And it's one Of the core values And also I want to thank you all Because With a little effort On our parts We can listen carefully To what you want And you're helping us Set the table well For the next SoCAP So with that I think we're out of time We're probably out of energy Or almost Except for Bjorn Who I'd like to see run Like maybe Two or three laps If you could And I want to Give all of you A round of applause And thank you also To all of you For volunteering Last minute And leave it to you, Kevin Thank you for helping us Build the conference Thank you for helping us Build the market That is at the intersection Of money and meaning That is a movement And is also a new way Of using and Thinking about your money So thank you all Thank you very much