Better World Books Creates Unprecedented Financial Incentives for Nonprofit Literacy Partners
Fast Growing Social Enterprise to Link Direct Social and Environmental Improvement to Equity Investment
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In keeping with the company’s core values, Better World Books is implementing this program to ensure its literacy partners can share in its financial success. Working alongside its primary equity investor, Good Capital, the company carved out a 5% ownership stake for its key literacy partners.
“We worked closely with Good Capital to come up with a way to more closely link our social mission to our business model, ensuring the future success of Better World Books results in benefits to our non-profit literacy partners,” said Better World Books CEO, David Murphy.
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- Companies:
- Better World Books
- People:
- David Murphy
- Xavier Helgesen
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