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Venture Meets Mission: Aligning People, Purpose, and Profit to Innovate and Transform Society 1st Edition

5.0 5.0 out of 5 stars 33 ratings

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The world is facing dramatic geopolitical, environmental, and technological shifts. Venture Meets Mission argues that if Business, Government, and Society come together, rebuild trust, and collaborate, we have a generational opportunity to address societal challenges―climate change, cybersecurity, disease outbreaks, food insecurity, and education. The book explains, with hope and passion, how our existing entrepreneurial ecosystem, with the ideals of democracy, can be the foundation for a new mission-driven capitalism.

The good news is the components of this problem-solving ecosystem already exist. The authors explain what is required to join people, purpose, and profit together for world-changing impact―starting with rebuilding trust among Business, Government, and Society. The authors draw on their leadership experience with Silicon Valley innovation, venture capital, and work at the highest levels of the federal government. The book tells engaging stories of successful entrepreneurs, with diverse perspectives and intersectional experiences, who combine mission and venture to solve critical societal problems. This book seeks to inspire a generation of students, young professionals, and entrepreneurial executives to pursue mission-driven ventures that can make the world a better place. Venture Meets Mission also explains why and how forward-thinking government officials and policymakers can harness private sector entrepreneurship and innovation to solve society's problems.

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Editorial Reviews

Review

"The authors make a compelling case that the biggest challenges we face (climate change, national security, shared prosperity, etc.) will only be solved with a renewed partnership between government and entrepreneurs. Venture Meets Mission is filled with uplifting examples (e.g. NASA and SpaceX joining forces to regain U.S. leadership in space). The book inspires us to make these success stories the norm rather than the exception."―Eric Schmidt, Former CEO, Google

"Brilliantly explains why we need to write new recipes to solve the problems of an increasingly complex world―and guides us on a search to find the key ingredients of empathy, innovation, public service, and entrepreneurship."―José Andrés, Chef, Humanitarian, and Founder of World Central Kitchen

"
Venture Meets Mission provides an aspirational roadmap for young professionals who want to make a meaningful difference in the world by building careers that balance purpose and profit"―Indra Nooyi, Former CEO, PepsiCo

"As a former tech entrepreneur, and Governor, I've always believed in the power of venture-driven innovation, (coupled with the scale of government), to drive positive change.
Venture Meets Mission is a compelling bipartisan call to action to address the biggest challenges of our time."―Mark Warner, United States Senator and Chair of the Senate Intelligence Committee

"The book's pragmatic strategies for entrepreneurial collaboration between sectors will drive positive impact and inspire changemakers in low wealth communities."―Della Clark, President of The Enterprise Center, Partner at Innovate Capital Growth Fund

"Offers an important, timely road map and engaging examples to empower a generation of creative, mission-driven changemakers."―Adam Grant, #1 New York Times Bestselling Author and Professor at Wharton Business School

"As a member of a generation reared on multiple financial crises, political instability, and a pandemic, I notice in myself and my peers a strong desire to reform the status quo. The message in
Venture Meets Mission inspired me to pursue a mission-oriented career in the growing ecosystem of government-facing private ventures."―Samsara Durvasula, Software Engineer, Computer Science Major, '20

"Gupta, George and Fewer have written a bold, exciting, and surprisingly optimistic book. Steering clear of the usual cliches about how business can either destroy or remake society, they show clearly and realistically that firms and entrepreneurs can work effectively, profitably, and purposefully, with government. The book will rekindle for many a sense of progress, and even of hope."―Deborah Spar,Senior Associate Dean of Harvard Business School, Business in Global Society (BiGS)

"
Venture Meets Mission highlights one of the key superpowers of democracies: mission-driven entrepreneurship. The authors paint a compelling picture of the future, one in which ventures and government can work together for national security and economic prosperity. This book is a must-read for anyone looking to merge their patriotism and purpose with profit."―Michael McFaul, former US Ambassador to Russia; Director, Freeman Spogli Institute, Stanford

"The world is changing fast, and we need leaders who can adapt and innovate.
Venture Meets Mission is an inspiring guide for the next generation of government officials and entrepreneurs. We worked across the aisle to bring the best ideas from Silicon Valley to Congress. This book is perfect for anyone who wants to make a difference and solve the most pressing problems of our time."―US Representative Ro Khanna, United States Representative from California's 17th District

"The authors of
Venture Meets Mission provide an inspiring roadmap for how we can rebuild trust among society, business, and government. It's the only way to address the big critical problems like climate change, food insecurity, and education. As someone who has worked on national security issues for over two decades, inspiring people to work on this generational opportunity is more important to me now than ever."―Will Hurd, Former US Representative from Texas's 23rdDistrict

"A wake-up call for early- mid- and late-career professionals to seek purpose of action. As the conflict in Ukraine showed, effective coordination between entrepreneurs and government can greatly contribute to society AND enhance our national security."―Lisa Disbrow,Former US Secretary of the Air Force

"I've launched eight Silicon Valley tech companies, but I've never done work more personally rewarding than helping NSF, NIH, DoD, and other government agencies learn how to innovate rapidly.
Venture Meets Mission shows you how you can make the biggest difference, and have the most fulfilling years of your career, by serving your country at the intersection of technology, innovation, venture capital, and government."―Steve Blank, Entrepreneur and Author of the Lean Startup

"Meeting societal challenges requires massive inflows of capital to improve our collective future. This book details how entrepreneurial ventures funded by private capital can combine profit with purpose. Venture capitalists can collaborate with government and other actors to bring amazing solutions to market in education, climate, agriculture and other critical sectors."―Maya Chorengel, Co-Managing Partner, The Rise Fund, TPG

"
Venture Meets Mission brings to life two powerful ideas: how to infuse a business with an inspiring mission and how working with the government can businesses profitably achieve their mission. It is a great read for anyone thinking about working with the government to build their business while contributing to the public good."―Charles Rossotti, Co-Founder, CEO American Management Systems and Former Commissioner of IRS

About the Author

Arun Gupta is a venture capitalist, Lecturer at Stanford University, and Adjunct Entrepreneurship Professor at Georgetown University. He is CEO of NobleReach Foundation, which is focused on catalyzing and inspiring a renewed spirit of national service through innovation. Gerard (Gerry) George is the Tamsen and Michael Brown Family Professor of Entrepreneurship and Innovation at Georgetown University and Senior Advisor at TPG, a leading global alternative asset manager. Thomas J. Fewer is a Postdoctoral Fellow in the Georgetown Entrepreneurship Initiative at Georgetown University and VP at NobleReach Foundation, focused on developing innovative talent programs to educate and inspire the next generation of mission-driven changemakers.

Product details

  • Publisher ‏ : ‎ Stanford Business Books; 1st edition (January 9, 2024)
  • Language ‏ : ‎ English
  • Hardcover ‏ : ‎ 280 pages
  • ISBN-10 ‏ : ‎ 1503636283
  • ISBN-13 ‏ : ‎ 978-1503636286
  • Item Weight ‏ : ‎ 1.18 pounds
  • Dimensions ‏ : ‎ 6.25 x 0.8 x 9.25 inches
  • Customer Reviews:
    5.0 5.0 out of 5 stars 33 ratings

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Customer reviews

5 out of 5 stars
5 out of 5
33 global ratings
A Must Read for 2024
5 Stars
A Must Read for 2024
Venture Meets Mission is an engaging non-fiction book which had me from the first page. Fewer, Gupta, and George successfully encompassed the importance on developing trust and ongoing collaboration between business corporations, government, and our society as a whole. How, if we are able to establish this merge between the three, we can address societal issues such as education, food security, and climate change as a whole and not as individual entities. The authors successfully explain how all that is valuable in human society depends upon the opportunity for development accorded the individual.
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Top reviews from the United States

Reviewed in the United States on March 27, 2024
If you are interested in launching a mission-oriented venture by leveraging the scale of the government with your entrepreneurial optimism,
I recommend you “Venture Meets Mission” book written by Arun Gupta , Gerard George and Thomas Fewer .

Authors argue that Trust needs to be established between Business, Society and Government in order that Venture meets Mission.

“It means that entrepreneurs have faith in their governing institutions and are willing to take risks to push the boundaries of innovation and change.”

“ And for the government, it means that business is a partner in the pursuit of the mission and not a barrier.”
Reviewed in the United States on January 21, 2024
Venture Meets Mission is an engaging non-fiction book which had me from the first page. Fewer, Gupta, and George successfully encompassed the importance on developing trust and ongoing collaboration between business corporations, government, and our society as a whole. How, if we are able to establish this merge between the three, we can address societal issues such as education, food security, and climate change as a whole and not as individual entities. The authors successfully explain how all that is valuable in human society depends upon the opportunity for development accorded the individual.
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5.0 out of 5 stars A Must Read for 2024
Reviewed in the United States on January 21, 2024
Venture Meets Mission is an engaging non-fiction book which had me from the first page. Fewer, Gupta, and George successfully encompassed the importance on developing trust and ongoing collaboration between business corporations, government, and our society as a whole. How, if we are able to establish this merge between the three, we can address societal issues such as education, food security, and climate change as a whole and not as individual entities. The authors successfully explain how all that is valuable in human society depends upon the opportunity for development accorded the individual.
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2 people found this helpful
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Reviewed in the United States on January 9, 2024
I loved how "Venture Meets Mission" talks about businesses and government working together to solve big problems like climate change and health issues. The authors call this "mission entrepreneurship," and I think it's a great idea. One thing I wish the book had more of is examples from different parts of the world, to see how this idea could work in different places. Overall, easy read with some interesting case studies.
4 people found this helpful
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Reviewed in the United States on January 25, 2024
I would highly recommend this book to anyone, all walks of life. I truly enjoyed reading it, and it has some really great insight into our future and how our society can change for the better.
2 people found this helpful
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Reviewed in the United States on January 10, 2024
This book is one that so many different individuals in all sectors of society could benefit from reading. In our current society there is a disconnect between industries, individuals and government. I greatly enjoyed reading this book that can serve as a roadmap to beginning to bring new ideas, policies, and technologies to life and help our world as a whole. Well done.
4 people found this helpful
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Reviewed in the United States on January 10, 2024
Venture Meets Mission offers an inspirational guide for young professionals looking to impact the world in a modern way.

Learn how our current entrepreneurial environment, through grounded values, will pave the way for new form of intentional and mission-driven capitalism.

Join the VMM movement, with this exemplar and transformative approach.
4 people found this helpful
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Reviewed in the United States on January 9, 2024
Why did Arun Gupta, Gerard George, and Thomas J. Fewer write this book? "We began with a simple objective: to understand how people can create mission-deriven ventures. We got to work in earnest and started reaching out. We interviewed entrepreneurs, leaders in government, investors, students, and ecosystem partners. We created a small team of undergraduate and MBA students who developed detailed case studies on each of these initiatives. We collected secondary data to cross-check our conclusions and circled back to our interviews. The enthusiasm for this topic was overwhelming. Everyone whom we reached out to gave time generously and freely shared ideas on how a deep and lasting change can be made collectively. We realized that while there was a groundswell of enthusiasm, it was difficult for everyone to see how we can make it come together. We were pushing anmopen door."

It is no coincidence that companies annually ranked among those most highly admired and best to work for are also annually ranked among those most profitable, with the greatest cap value in their industry segment. However different they may be in most respects, all of them have mission-driven ventures that nourish and strengthen their workplace culture.

These are the strategic objectives on which Gupta, George, and Fewer focus, devoting a separate chapter to each:

o Transform society with the optimism of entrepreneurship and the scale of government
o Rediscover the common ground between and among entrepreneurs, government, and society
o Innovate public-private partnerships
o Enable entrepreneurs and government officials
o Collaborate with federal, state, and/or local government
o Ensure that each individual career has a greater impact
o Align people, purpose, and profit to create the future we want

Gupta, George, and Fewer provide an abundance of information, insights, and counsel that explain HOW to achieve these specific objectives.

I realize that no brief commentary such as mine could possibly do full justice to the quality of the material they provide. However, I hope I have at least indicated why I think so highly of them and their work. The publication of this book could not be more timely. The global business world today is more volatile, more uncertain, more complex, and more ambiguous than at any prior time that I can recall. It is imperative that people, purpose, and profit are -- and remain -- in proper alignment to innovate and transform individuals as well as teams, departments, companies, countries...indeed our planet.

I congratulate Arun Gupta, Gerard George, and Thomas J. Fewer on a brilliant achievement. Bravo!

Here are two suggestions to keep in mind while reading Venture Meets Mission: Highlight key passages, and, record your comments, questions, action steps (preferably with deadlines), page references, and lessons you have learned as well as your responses to key points posed within the narrative. Pay special attention to what the authors share in end-of-chapter paragraphs.

These two simple tactics -- highlighting and documenting -- will facilitate, indeed expedite frequent reviews of key material later.
4 people found this helpful
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