Has impact investing become too concentrated in venture capital? On the latest episode of “Impact(ed),” Tideline’s Ben Thornley argues the problem is not too much VC, but too little of everything else. As institutional investors pile into more mature strategies, the field risks becoming “barbelled,” he says, with plenty of seed-stage activity but too few pathways for companies and managers to scale. Thornley joins hosts Rodney Foxworth and Lucas Turner-Owens to discuss the state of the field, including the need for liquidity, the challenges faced by emerging managers, and why LPs may need to take a more entrepreneurial approach if impact investing is to reach full maturation.
