Innovating for Profit and Purpose
To confront pressing societal challenges, we need businesses focused on new ideas and new solutions—and old ideas executed in new ways. We talked with Yale SOM faculty and alumni about pushing limits, taking disciplined risks, and developing resilient ventures while sustaining a dual commitment to profit and purpose.
Illustration by Eva Bee.
‘Tough Tech’ Requires a Different Kind of Venture Capital
Engine Ventures, led by Katie Rae ’97, backs science-intensive innovation, including clean energy, quantum computing, and human health—an approach to venture capital defined by long timelines, deep expertise, and the potential for transformative impact.
Most Startups Fail. These Founders Thought Making an Impact Was Worth the Risk.
We talked with Nick Callegari ’25, Dianna Liu ’18, and Ariana Yuen ’19 about the unique challenges faced by founders trying to make a difference and the moments that make their work worthwhile.
Building a For-Profit Health Model That Reaches the Poorest
A wellness app created by Nneka Mobisson ’04 aims to help Nigerians manage chronic health conditions—while showing that for-profit innovation can make a difference for low-income populations.
Case Studies in Innovation
We shared the stories of two alumni entrepreneurs with Professor Jonathan Feinstein, author of Creativity in Large-Scale Contexts, and asked him to apply his framework for creativity and innovation to help elucidate their paths from idea to impact.
How Do Impact Investors Know If They Are Having an Impact?
We talked with Jake Harris ’19, a principal at the impact investing firm DBL Partners, about the challenges of measuring the social and environmental returns on a financial investment.
A Diversified Portfolio of Climate Solutions
We talked to Dean Takahashi ’83, founder and executive director of the Carbon Containment Lab, a nonprofit helping to develop multiple high-quality, undervalued climate innovations.
How a New Approach to Store Brands Helped Natural and Organic Foods Go Mainstream
As Whole Foods expanded in the 1990s, Denis Ring ’84 took on the challenge of developing the grocery chain’s 365 brand. Wooing shoppers with joyful design and affordable prices, he harnessed the power of private labels to expand the scale of organic and all-natural foods.
Renewable Energy Is Easier Than Ever to Build—and Harder to Talk About
Advances in technology and a maturing development ecosystem have made renewable energy more economical, less risky, and increasingly rewarding for landowners, says Reid Buckley ’89, a partner at Orion Renewable Energy Group. But it has also become more politicized.
How Innovations in Understanding Everyday Data Can Power More Effective Aid
For a project in Bangladesh, Prof. Mushfiq Mobarak and his team used machine-learning models applied to mobile phone records to identify the poorest households—faster and at far lower cost than traditional surveys.