Cre8tive Philanthropy

Icon

Investment and innovation in the for-profit social impact community.

A eulogy (of sorts) for ShoreBank

Fast Company Expert Blogger Arjan Schütte offers these honest words about ShoreBank and its recent fall from grace.

Advertisements

Filed under: Challenges, Impact Investing, Social Entrepreneurs

One Response

  1. Aristotle says:

    ShoreBank failed because its officers and directors where primarily politicians who didn’t recognize the core business of banking is providing a service at least a break even.

    ShoreBank ignored the source of charitable and social causes, the underlying profits and markets supporting its services.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: