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Declaration of Interdependence: Reconciling profit and purpose


IN MEMORIAM OF ANDREW KASSOY
IN MEMORIAM OF ANDREW KASSOY

Andrew Kassoy, co-founder of B Lab, died last week at age 55 after more than two years with advanced prostate cancer. With permission from B Lab, ImpactAlpha is republishing Andrew’s 2007 essay (originally published by Wealth & Giving Forum) to honor his early vision that helped spark a movement to align capital with purpose.


🔍 What’s the purpose of your capital?

Andrew Kassoy, a former private equity investor, shares the powerful personal journey that led him from billion-dollar deals to building B Lab and the B Corporation movement. In this thought-provoking essay, he unpacks the growing need for a marketplace where profit and purpose can coexist—and where every dollar can be aligned with our deepest values.

💡 From the gaps in the nonprofit sector to the limitations of traditional investing, Kassoy challenges us to rethink how we give, invest, and consume.

“We might solve some of our larger social problems—and have a happier society—if we all gave, invested, and consumed consistently.”

👉 Dive into the full article to explore how a “Declaration of Interdependence” could reshape our economy and future.


FULL ARTICLE HERE


 
 
 

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