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Philanthropists need to rethink where they're giving money, one exec says

SEATTLE — Intellectual Ventures executive Maurizio Vecchione has a controversial idea. Instead of pouring money into nonprofit programs, he said philanthropists should invest in companies, teams and products that solve social problems and have the potential to deliver a profit at the same time. “The evolution of philanthropy is that you can’t build a sustainable philanthropy to the sca
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