I had a terrific conversation yesterday with Robin Chase,
founder of Zipcar. We spoke about a talk she is preparing to give next month on social entrepreneurship.
Social entrepreneurship is a catchall phrase used to
describe the creation of innovative organizations that benefit society. Robin spoke passionately about her desire to
reduce the number of cars on the road, and all the positive consequences this
would have for society and the environment. However, she never explicitly articulated her “green” agenda to
potential Zipcar users. She never said, “the
more people who use my service, the better your city will become.” Instead, she presented it is a simple,
convenient, low-cost way to have a car in an urban environment.
In other words, she sold individual consumers on the direct benefits of using Zipcar, without jumping up and down about how great this is for society.
This got me thinking about Google and it’s declaration in its
S-1 to “not be evil” and “make the world a better place.” As refreshing as this language is, it just
feels a bit odd for a profit maximizing firm to explicitly state that it will
try to maximize social benefit. I applaud
Google for its courage -- and this mission is certainly courageous since there are substantial risks in
bucking the norms of Wall Street -- but both Robin and I wonder how sustainable
such a lofty mission is.
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