Do you have an investment ethos?
BCV isn’t an impact fund (though at Bain Capital we do have a great impact fund!), but it is part of my investment ethos that the companies I invest in should be making a positive difference in the world. That’s how I want to spend my time, for one thing, but in modern capitalism it’s also a critical ingredient in building a company for the ages. Most of the companies in my portfolio fit this ethos, if not all, but I’d call out Justworks as a great example. The company’s mission is to serve entrepreneurs in a way that promotes diversity, equity, and inclusion, and the results have been remarkable to watch.