This week on Standard Deviations with Dr. Daniel Crosby, Daniel speaks with Mike Carter about his new book 'The Mission Corporation.' After years working for legendary tech investor Pete Musser, Mike founded and is CEO of BizEquity. Mike has over 15 years in enterprise software and technology services and has founded three software companies. Mike was CMO of a publicly traded billion dollar Internet company and has been called one of the top 100 people globally in Fintech.
Tune in to hear:
- Why is Adam Smith considered to be the original behavioral economist?
- Mike is advocating for mission driven capitalism. How does this contrast with a more classic approach to Capitalism that’s focused on shareholder value?
- Why might mission driven corporations outperform the S&P 500? Is there a specific mechanic at play here?
- How can consumers and investors separate out true mission driven corporations from those that are merely posturing as mission driven corporations?
- How does mission driven capitalism distinguish itself from other contemporary “do good” capitalism like ESG and impact investing?
- Does Mike expect mission driven companies to have standard market returns or expect them to outperform?
Compliance Code: 1447-OAS-4/28/2021