I was just writing an update to some great partners of mine and realized I needed to include a recap of 2009 for some context on what’s next. That of course reminded me that I’d yet to post one. So here goes.
2009 was a pivotal one for me – a year of transition. It was full of new adventures and an unexpected closure of an old one. 2009 started with a bunch of excitement and energy around the Social Venture Commons, VenTwits, and Thread.io. A group of us had come together and were sweating out an experiment in peer-producing some apps that we thought could help people come together and build a better world by using public micro-messaging. We had some encouraging feedback on the concepts but we missed the mark and didn’t get enough traction (users or funding). We had felt we were constantly 2 weeks ahead of ‘everyone else’ and when we took stock of what we felt we’d need to get to a viable venture, we just couldn’t do it with what we had. I had failed at guiding us through to a viable product and estimating what it would take to get us there.
At the same time, my past life in energy and finance rose up and I became engaged in designing a financing framework around what the Green Energy Act Alliance hoped would make Ontario North America’s leading jurisdiction for renewable energy (it did) and particularly community power. The Act was tabled in May which then prompted another engagement to help the CPFund plan for a transition to the new reality. That plan, if successful, stands to be a great example of social finance and turn the renewable energy finance sector on it’s head.
Closing out the summer, my social finance sojourn continued with the opportunity to co-lead a Canadian contingent to the Social Capital Markets conference. Next came the privilege of doing a review of Vartana – an ambitious project that aimed to change the way the charitable sector banked in Canada. And then things shifted.
On my birthday I learned that a company I founded was in discussions on being acquired. Those talks came to fruition in early October, and while not a big exit by many standards, for our lean life it was/is a big turning point. It meant taking a breath and taking stock. It meant getting ‘our house in order’. It meant saying thank-you to those who’ve supported me.
An adventurous chapter with an unexpected plot twist was over. Thankfully it’s part of a book that I love… one of those books I just can’t put down.