The Power of Failure –

“The ironic thing,” said Schmitz of Public Allies, “is that you have donors who took major risks in their own fortunes, but are very risk averse when giving to charity. People rightly want their dollars to have the maximum impact, but don’t apply the same logic model that they give to their private sector investment.” As a result, he said, many social change groups innovate less often and less wildly.

via The Power of Failure –

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