Social Entrepreneurs

Posted on May 27, 2011 by StartUpAdmin

New Hybrid Business Entities Combine Business, Social Missions
Reprinted with permission from the Puget Sound Business Journal

Social entrepreneurs face the unique challenge of how to maximize profits for shareholders while carrying through on their company’s social mission. How can passion and purpose successfully balance with the need for profitability?

In this article, Davis Wright Tremaine partner LaVerne Woods discusses the emergence of “social purpose corporations” and other hybrid business entities that provide greater flexibility for social entrepreneurs and boards.

Click to read the article

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4 Responses to "Social Entrepreneurs"

  • By Gideon Rosenblatt May 29, 2012 - 2:15 pm

    Seems like the link to the article may be broken.

    • By joewallin May 29, 2012 - 2:59 pm

      Thanks Gideon. I fixed that!

      • By Gideon Rosenblatt May 29, 2012 - 3:58 pm

        Thanks Joe. I know Laverne. She helped me work through some of the complex issues while I was running Groundwire. Small world. 

  • By Washington’s New Social Purpose Corporation | Seattle Business Attorney June 19, 2014 - 5:46 am

    […] as a new corporate entity. Starting June 7, 2012, Washington State will officially recognize “social purpose corporations,” a new form of for-profit corporation.    Unlike the primary objective of a traditional […]