Most of us are in pursuit of purpose, but it can be especially hard to bring purpose into your business. On this show, we invite growing businesses and industry leaders to share their purpose and give us ‘the pitch’.
We want to find out how entrepreneurs and global leaders in our network are allocating capital in a more responsible and purposeful way. But more importantly, we want to know what isn’t in the pitch deck. Joe McCarthy hits his guests with the hard questions in order to find the paradoxes and nuances in their pitches.
High Net Purpose is hosted by Joe McCarthy, founder of Islandbridge, a company focused on helping highly successful people allocate their capital in a meaningful way. Whilst traditional investing is often solely focused on the accruement of more wealth, Joe has been working hard to shift the focus to purpose-led investing and show that’s it’s not black and white, but it is worth it.
Hosted on Acast. See acast.com/privacy for more information.
Most of us are in pursuit of purpose, but it can be especially hard to bring purpose into your business. On this show, we invite growing businesses and industry leaders to share their purpose and give us ‘the pitch’.
We want to find out how entrepreneurs and global leaders in our network are allocating capital in a more responsible and purposeful way. But more importantly, we want to know what isn’t in the pitch deck. Joe McCarthy hits his guests with the hard questions in order to find the paradoxes and nuances in their pitches.
High Net Purpose is hosted by Joe McCarthy, founder of Islandbridge, a company focused on helping highly successful people allocate their capital in a meaningful way. Whilst traditional investing is often solely focused on the accruement of more wealth, Joe has been working hard to shift the focus to purpose-led investing and show that’s it’s not black and white, but it is worth it.
Hosted on Acast. See acast.com/privacy for more information.
We head to San Francisco and sit down with Tom Steyer, Wall Street giant and visionary behind Galvanize Climate Solutions and Farallon Capital Management.
Transitioning from finance to climate activism in 2012, he safeguarded California's Global Warming Solutions Act and founded NextGen America, rallying record youth voters. Co-founder of Beneficial State Bank and TomKat Ranch, Steyer champions sustainability and justice. His 2020 presidential bid and leadership roles with Governor Newsom and Vice President Biden showcase his influence. Steyer blends financial acumen with environmental passion, offering unparalleled insights at the intersection of finance and climate activism.
We discuss:
Chapters:
00:00 – Welcome to High Net Purpose
00:51 – Tom Steyer’s Mission: Climate, Capital & Conscience
03:46 – Early Life Lessons That Shaped His Worldview
07:13 – Wall Street Origins: Learning at Goldman Sachs
09:49 – Founding Farallon: Risk, Reward & Investment Mastery
17:28 – The Moment He Shifted to Climate Activism
22:24 – Movement Capitalism: A New Model for Climate Solutions
27:38 – Building Galvanize: Where Capital Meets Climate Impact
28:04 – What He Looks for in Early-Stage Founders
29:46 – Inside His Climate Investment Strategy
31:07 – Managing Risk While Tackling the Planet’s Biggest Problem
33:15 – Where He Sees Opportunity in Climate Tech
34:23 – Why Better Information Could Unlock the Future
36:45 – Agriculture, Sequestration & Natural Solutions
38:20 – What’s Slowing Down Climate Innovation
39:39 – The Realities of the Green Premium
41:10 – Can Public Markets Deliver Real Impact?
43:08 – Fossil Fuels, Transition Plans & Honest Timelines
47:34 – Investing Family Wealth With Purpose
50:54 – Reflections on a Life in Finance and Climate
55:22 – Final Thoughts & Closing
Hosted on Acast. See acast.com/privacy for more information.
