Patient social venture capital is becoming more available as a growing number of angel investors have been looking to fund small start ups which have the potential yield high returns in terms of social benefits and profit. A good example of this trend is the story of Gaia Herbs, a start up founded by a medical herbalist in 1986 which produces and markets organic herbal supplements.
The company was able to grow to more than $16 million in sales and employ 125 people while maintaining a commitment to a social mission. Gaia has been funding educational programs in Sumatra and the South Pacific for years, and this social mission turned out to be one of the major factors which earned Gaia a $3 million VC investment last year to expand their operations.
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