Summa Equity founder Reynir Indahl is no fan of the term ‘impact investing’

Sweden's Summa Equity is on a growth streak, raising a huge third fund, and rapidly adding to its portfolio. Founder Reynir Indahl argues that investing in purpose-led startups doesn't mean forsaking revenue.
Summa Equity founder Reynir Indahl is no fan of the term ‘impact investing’

Reynir Indahl, founder and managing partner of Sweden’s Summa Equity, is not a huge fan of the term “impact investing." 

“I think to have impact investing as a separate category is not right: Every business that an investor invests in is either creating positive or negative externalities, and if they aren't realising that, they should think about it,” Indahl told Tech.eu in an exclusive interview. “If they have negative externalities that do not transition into positive externalities, that business will be dead in a few years, or not valuable.”

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