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Don't tell me that you are naive enough to believe that the angel investing, start up investing, seed investing are philanthropic donations. If you tell them, the whole purpose of your business is non-profit driven, see how many angels will support your cause, aside from philanthropic source.
Investors who are investing in Amazon are not looking at near team profit, but if Amazon tells them it will NEVER make a profit, see how many investors will be left. The same applies to all your examples of so called "non-profit" driven private investments. The investors are just not looking at near term profit, it does not mean that they are not looking at profit at all.
If Temasek continues to invest into such not-for-profit ventures, the MPs should question the management of Temasek. The money is not for Temasek to squander.
Or maybe let me re-phrase, if every company is not aiming for profit, do you think there is going to be a profession called investment?
Investors who are investing in Amazon are not looking at near team profit, but if Amazon tells them it will NEVER make a profit, see how many investors will be left. The same applies to all your examples of so called "non-profit" driven private investments. The investors are just not looking at near term profit, it does not mean that they are not looking at profit at all.
If Temasek continues to invest into such not-for-profit ventures, the MPs should question the management of Temasek. The money is not for Temasek to squander.
Or maybe let me re-phrase, if every company is not aiming for profit, do you think there is going to be a profession called investment?