Ignia Latin America Fund raises $20.6M for social change
"All people are entrepreneurs," James Surowiecki quoted microfinance Pied Piper and Nobel Laureate Muhammad Yunus saying in a recent New Yorker essay. However, Surowiecki pointed out that most people aren't actually entrepreneurs, but employees, and that in economies where most people are neither, it makes more sense to invest in creating more opportunities for the latter. "What poor countries need most, then, is not more microbusinesses," Surowiecki wrote. "They need more small to medium-
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