Back in 2014, the Colorado Health Foundation made an unusual decision. The philanthropic organization, known for helping nonprofits, put its money into a for-profit startup, myStrength, a behavioral health app. It was neither a grant nor a donation. And it wasn’t quite venture capital, where multimillion-dollar investments often aim for tenfold returns. Technically, it was […]
B Corp
Posted inBusiness, Coloradans, Culture, News
This Colorado rum is a rare spirit 100% made by women — all the way down to the forklift drivers
CRESTED BUTTE — Spirits were running high recently at a nondescript building in an industrial park south of Crested Butte where a dozen women squeezed in between ton-sized bags of sugar and walls of oak barrels for what could only be called a working celebration. It had to do with rum. The women were bottling […]
Posted inBusiness, Education, Growth, News, Technology
Colorado’s newest billion-dollar B Corp is part of a movement to make a social impact — and profits
Fast-growing Guild Education figured out how to help more than 400,000 service workers take college classes — and get their employers to pay for them. It’s no wonder that investors have been drawn to the profitable-ish business model and a nearly unlimited number of potential users. Last week, investors led by General Catalyst managing director […]