Is the venture capital model failing the majority of the world's most important businesses?
In this episode of TBLI Radical Truth, we sit down with Aunnie Patton Power — founder of Intelligent Impact, Associate Fellow at Oxford's Saïd Business School, and author of Adventure Finance: How to Create a Funding Journey That Blends Profit and Purpose. A reformed M&A investment banker turned impact investing pioneer, Aunnie has spent over a decade designing innovative financing mechanisms for start-ups, funds, family offices, foundations, and governments across Africa, Asia, Europe, and North America.
Her radical truth: the venture capital model works for less than 1% of businesses — and the other 99% need a completely different playbook.
In this episode:
- How technology is revolutionising impact investing and opening new pathways for capital deployment
- Alternative funding models for social enterprises — from revenue-based financing to recoverable grants to redeemable equity
- What is really working — and what isn't — in the sustainable finance ecosystem
- Why the VC model excludes female founders, diverse entrepreneurs, and purpose-driven enterprises by design
- How to design a funding journey that genuinely blends profit and purpose
- The honest lessons from a decade of financing organisations in the world's most underserved markets
- How to widen the spectrum of mainstream investment options to make finance more inclusive
The key insight: The venture capital model is not broken — it was never designed for most businesses. The future of finance belongs to those who are creative, inclusive, and willing to match the right capital to the right mission.
⏱️ Episode Guide:
- 0:00 — Is the VC model failing impact-driven businesses?
- 0:X:XX — Technology and the future of impact investing
- 0:X:XX — Alternative funding models for social enterprises
- 0:X:XX — What's really working in sustainable finance
- 0:X:XX — Adventure Finance: blending profit and purpose in practice
- 0:X:XX — Building a more inclusive financing ecosystem globally
- 0:X:XX — Radical truths from a decade of innovative finance
👤 About Aunnie Patton PowerAunnie Patton Power is an academic, advisor, author, and angel investor with a focus on directing innovative financing to organisations that create positive social and environmental impact. Saïd Business School She is an Associate Fellow at Saïd Business School, University of Oxford, a visiting fellow at the LSE's Marshall Institute, and the Academic Director for the BEAM Network. Saïd Business School A reformed M&A investment banker, she began her impact investing career in 2010 with Unitus Capital in Bangalore and has since worked with start-ups, intermediaries, funds, family offices, foundations, corporates, and governments across Africa, Asia, Europe, and North America. Intelligent Impact She is adjunct faculty at the University of Cape Town's Graduate School of Business and New York University's Wagner Graduate School of Public Service, and a founding member of the Dazzle Angels, a female angel investing group. GenderSmart Her work has been published by Oxford University Press, the Stanford Social Innovation Review, and the World Economic Forum. Intelligent Impact
Whether you are an impact investor, a social entrepreneur seeking funding, or a finance professional serious about deploying capital for good, this episode is essential listening.
Note: Please update timestamps marked 0:X:XX once confirmed.
ABOUT TBLI RADICAL TRUTHReal experience. Real results. No greenwashing. TBLI Group is the world's leading ESG and impact investing network — educating, advising, and connecting investors for 25 years.
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