I don't understand what "mission-driven" really means. Everyone talks about investing in a "mission-driven" company but isn't EVERY company a mission-driven company? What are examples of companies that aren't?
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Is that true though? If they're mission is to function as a market maker, allocate capital, etc. aren't they still mission-driven?
I don't think that is their mission though. I think that's just something people in finance say to justify their existence.
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That's true and a good point. Serving a critically important function in the economy (capital allocation, etc.) and being mission-driven aren't necessarily the same thing
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If employees are “driven” by a mission first and foremost than a company is “mission driven.” The mission is the gas in the tank (motivation) and is controlling the steering wheel (guiding decisions and trade offs)
End of conversation
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I would argue that banking is essential to growth and building other "Real things" with numerous examples from history. I do work for a bank, though, so kind of biased here.
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I suspect also companies working on the latest calendar product are not exactly mission-driven.
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What if the mission is to make sure that more of the wealth in society gets into the hands of relatively conservative white men?
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Aka "doing gods work"
End of conversation
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Is it not mission driven of you don't agree with the mission?
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