Declaration of Interdependence: Reconciling profit and purpose
- Nora Bogsch
- Jul 8
- 1 min read
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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