entities 
entities
How Google decided where to give
Larry Brilliant tells how Google.org decided where to give on Slate.com (earlier post said Salon; sorry for the confusion). Their Ghandi-based guideline: what would the impact be on the poorest person they had seen?
One conclusion: Members of our global-development team initially proposed investing money in funds that would finance small and medium-sized enterprises in the developing world, a terribly underfunded sector that has great potential for creating jobs. The reaction? “Think bigger.” The initiative now includes stimulating financing to small and medium-sized enterprises by finding ways to lower transaction costs, deepen capital markets, and catalyze the flow of other money along with our own.
Which resulted in this:
Fuel the Growth of Small and Medium-Sized Enterprises: As described above, we want to increase the flow of risk capital to small and medium-sized businesses in the developing world.
Trackback
February 18th, 2008 um 8:20 am
Hello,
Thanks for the interesting post. It’s hard to find a lot of info on this space, so I’m really glad you guys are blogging it.
I went to Salon, and searched it half a dozen ways, but didn’t find the piece you referenced. Any chance you could include the URL?
Thanks.
February 18th, 2008 um 8:36 am
[…] But here’s some signal for all the noise from Xigi: The initiative now includes stimulating financing to small and medium-sized enterprises by finding ways to lower transaction costs, deepen capital markets, and catalyze the flow of other money along with our own. […]
February 18th, 2008 um 8:52 am
can’t believe I didn’t post the url. will look for it.
March 18th, 2008 um 6:58 pm
[…] Kevin Jones at Xigi recently pointed out Google.org’s visionary leader Larry Brilliant’s piece in Slate.com that outlines their strategy, providing some much-needed signal to those interested in doing good while doing well: Members of our global-development team initially proposed investing money in funds that would finance small and medium-sized enterprises in the developing world, a terribly underfunded sector that has great potential for creating jobs. The reaction? “Think bigger.” The initiative now includes stimulating financing to small and medium-sized enterprises by finding ways to lower transaction costs, deepen capital markets, and catalyze the flow of other money along with our own. […]