Can a business owner make the world a better place and please their stakeholders at the same time?
Many say it's like mixing oil and water. But for Jack Mardack, co-founder of the award-winning HR software company Oyster, the answer is a resounding yes. Yes, in 2019, Jack launched a for-profit company based around equitable, global remote hiring practices.
Yes, social impact is a consistent part of the company's messaging. And yes, by late 2023, Oyster had raised $227 million with a $1 billion valuation, (SOURCE: uk.finance.yahoo.com).
When handled with care and intention, founders don't have to compromise on their morals while building a successful company. In fact, they can leave a positive mark on the world.
