Jem Stein | Syndicator @ Daring Capital | Breaking The Current Vicious Funding Cycle Of Social Enterprise Investing

In this episode of the FounderTech Decoded podcast it was a pleasure to talk to Jem Stein who is the Syndicator at Daring Capital focused on reimagining the social enterprise model - particularly in its early stages.

 

We discuss how in this social enterprise space, even more than most early stage venture sectors, the asymmetries around networks and access to capital that we often explore on the podcast, really come to the fore and into play - frequently affirming biases around what and where things get founded. 

 

In his case, how does a really great social entrepreneur, with high founder market fit, trying to navigate and unlock the potential of a niche in which they are trusted and embedded, access that initial tranche of capital that enables them to demonstrate the potential of their approach, show the nuanced skill of their operational delivery and evidence their complex market understanding.

 

We also touch on how traditional venture models with high 5-10 x (and beyond) models do not align with the potential of this type of social enterprise founder, where a 2-3 x return might be a real strategic result, generating a lot of value and achieving a lot of social impact in the process.

 

We also talk about how the increasingly popular syndicate model of investors - that is sensitive and open to leveraging agile capital tools alongside aligned FounderTech - is most likely the right model to innovate this social enterprise investment sector and how Daring Capital as such a syndicate based model wishes to take advantage of the market timing and opportunity around these emerging and evolving early stage market shifts.

 

Explore and connect further:

> https://www.linkedin.com/in/jem-stein-8751959a/

> www.daringcapital.co.uk 

> https://www.socialenterprise.org.uk/adebowale-commission-on-social-investment%EF%BF%BC/ 

> https://www.consideredcapital.io/ 

>https://www.libraryofthings.co.uk/