What should the next steps be for an energy start-up committed to better living conditions in US inner cities?
What should the next steps be for an energy start-up committed to better living conditions in US inner cities?
The Sanford C. Bernstein & Co. Center for Leadership and Ethics Case Series
BlocPower was founded with a mission to leverage the forces of technology and finance to create clean energy projects and better living conditions for Americans living in inner cities.By 2016 Founder Donnel Baird had articulated a 5-year plan for the organization that would put $1 billion at work for projects in 25-50 cities. Investors from a variety of sources had partnered with BlocPower and helped to fuel its launch, but Baird continued to grapple with strategy, governance, and organizational challenges as the company considered moving forward with a Series A.