Jay Lipman, co-founder, pitching Ethic to us from our kitchen counter!
Here at Neighborly, we get jazzed up when we see financial institutions prioritize capital as a tool to address social and ecological challenges. We draw inspiration from organizations that empower investors to do well by doing good. It’s core to our mission to allow anyone to invest in anywhere.
We often host companies that excite us at our offices in downtown San Francisco. Recently we had lunch with the team from Ethic, a fellow 500 Startups company and SEC registered investment advisor, with a mission and values that closely align with ours. Here’s a bit about Ethic from co-founder and CEO, Douglas Scott:
We are Ethic. We wanted a way in which we could invest in businesses treating the world, their employees and their shareholders well. So we created one. We’ve spent years advising and managing money for some of the world’s most sophisticated investors. You should not – and do not – have to sacrifice financial return by investing in responsible companies. We created Ethic to inspire people to invest both responsibly and well.
We empower investors to create a portfolio they can be proud of, based on their personal values as well as their financial goals. Our mission is to change the way the world invests, by bringing sustainable investing mainstream. Sustainable investing is the future, because it has to be. Without it, there isn’t a future worth investing in.
We encourage you to learn more. Here’s their recent two-minute pitch presentation from 500 Startups’ Demo Day: