The Baby Boomer generation is known for being ambitious, hard-working, and eager to take risks. As such, they are well-positioned to invest in early-stage venture capital and alternative investment firms.
These firms are often looking for individuals with the financial resources and willingness to take risks that can help them grow impactful companies across the globe. Baby boomers can leverage their experience and networks to make these firms more purpose-driven, inclusive, and accessible.
For example, they can provide mentorship and support to entrepreneurs from underrepresented communities or connect them with resources and contacts that can help them succeed. By investing in these firms, baby boomers can not only earn a financial return but also help to create positive social change.
Dr. Navin Goyal M.D. is the CEO of LOUD Capital and a practicing anesthesiologist. He is passionate about making venture capital more purposeful, inclusive, and accessible, with a focus on businesses that have a positive impact on society.