The final firm Silicon Valley tech entrepreneur and angel investor Ted Rheingold suggested was one which helps an neglected section of American shoppers enhance their credit score scores.
So Bloom Credit score was a chief instance of the “profit-from-purpose” enterprise mannequin that Rheingold, who died Monday in San Francisco, hoped would redefine what motivates entrepreneurs.
“Maybe you’ll be able to perceive this isn’t only a job to me, it is a objective,” the founding father of early social media websites Dogster and Catster wrote in a June 17 publish on Medium. “I’d personally like to point out that true profit-from-purpose fashions aren’t only a chance, however a dependable, repeatable defensible enterprise mannequin ….
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