#135: Daring Capital and the future of impact investing with Jem Stein

Jem Stein is the founder of Daring Capital, an impact investor syndicate supporting early-stage, purpose-driven founders who strive to make the world a better place. Since launching in September 2023, Daring Capital has facilitated over £1.5 million in investments into purpose-driven founders from underrepresented backgrounds.  Prior to founding Daring Capital, Jem established and led The Bike Project, a social enterprise providing bicycles to refugees across England. Under Jem's leadership, The Bike Project scaled to £2.5 million in annual revenue and garnered multiple awards, including Social Entrepreneur of the Year and the EU Social Innovation Prize. With extensive experience in raising social investment, Jem also serves on the social investment committees of two major charitable trusts. We cover the following: 00:13 Meet Jem Stein: founder of Daring Capital 01:43 The journey to Daring Capital 02:56 Understanding impact investing 04:57 Daring Capital's 'founder-first' approach 05:19 Defining and measuring impact 06:23 Challenges and successes in impact investing 21:51 Supporting female founders 34:33 The future of impact investing 41:30 Closing remarks ***