Problem Solving + Social Impact

What’s happening? I can’t do this story justice because it is a master course in problem solving. Here’s the set up: The head of a major hedge fund reads an article in The NY Times about PornHubs child trafficking. He wants to do something about it, but PornHub is a privately held company held by another private company. So, he gets creative and contacts a friend at MasterCard because Visa and MasterCard process PornHub payments.

Why is this important? Sometimes you solve a problem by not going at the problem directly but cutting of resources, and this story is a master class of addressing child trafficking by hitting the funds.

How will this be important? I know I’ll use this as a go-to to inspire creative problem solving.

Institutional INvestor | Bill Ackman Sent a Text to the CEO of Mastercard.
What Happened Next Is a Parable for ESG.