Founders Pledge launches VC arm, Pledge Ventures, to create new ‘flywheel’ in philanthropy

Founders Pledge is a London-based charitable initiative, where entrepreneurs enter a legally binding commitment to donate a portion of their personal proceeds on liquidity to charity when they exit.
Launched all the way back in 2015 the initiative was designed to help social entrepreneurs build and scale their efforts.
The minimum commitment for entrepreneurs is 5% of their liquidity event, though reportedly, on average entrepreneurs commit around 11%.
Notable members of Founders Pledge include Niklas Adalberth, Founder of Klarna and Norrsken Foundation, Eric Wahlforss, former founder of Sou

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