Capitalism has historically focused on profit generation, with positive impact left to non-profits. This system has fueled unprecedented growth, but has also generated unsustainable consequences—deepening inequality, widespread job displacement, and eroding social trust.
It's time for a new paradigm—one that recognizes the inextricable link between positive impact and returns. Long-term profitability depends on maintaining public trust, societal wellbeing, and operating legitimacy. This new reality necessitates a new set of principles—transformation principles—to guide our decision-making as we build for growth and for good.
CEO Hemant Taneja has developed these principles throughout his life, and they have guided General Catalyst—with over $36 billion in assets—to fund, found, and nurture some of the most successful companies of the past two decades, while simultaneously having a powerful positive impact on society.
In The Transformation Principles, Taneja explains the nine principles behind the company's outsized impact in investing and industry transformation, which will help you:
The Transformation Principles is a blueprint for leaders who want to create institutions that endure, drive inclusive growth, and reshape industries in ways that serve people and society while generating outsized financial value. Equipped with these nine principles, any individual or organization will be able to see beyond trends and short-term thinking and instead focus on long-term successes that last for generations to come.