Nick Beim

Thoughts on the Economics of Innovation

A Nonprofit Supports the World’s Job Creators

A couple of years ago, LinkedIn co-founder Reid Hoffman and Nick Beim sat down and started brainstorming with Linda Rottenberg, co-founder and CEO of the Manhattan-based nonprofit Endeavor. The nonprofit, where the two men are board members, provides mentorship, networking opportunities and strategic advice to entrepreneurs. What if it could design a new kind of financing vehicle that would work, in some respects, like a for-profit investment fund?