The venture philanthropy movement, although it found inspiration in Silicon Valley, took hold differently in the United States from how it did in Europe. Venture philanthropy, or VP, applies the principles and tools of venture capital investing to the social sector. Early US-based proponents of VP quickly came into conflict with practitioners of traditional philanthropy, or TP, and made little headway in advancing their model. In Europe, by contrast, the founding of the European Venture Philanth…

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