Evidence is the baseline and the endgame of pay for success projects. But for programs without a strong evidence base, policymakers can still take practical steps to manage risks.
When it comes to risk, governments either bear all of it or won’t fund a program. The nuances of risk, financing, and leveraging capital are completely lost.
Even if the FBI uses third-party technology to access Syed Farook’s phone, Apple will develop stronger security measures on the next iPhone and this debate will happen again.
Venture capitalism helped startups like Uber and Airbnb massively expand their services. Can it help programs that address problems such as recidivism and homelessness too?
Urban will be working with 15 counties to explore innovative public-private partnerships to address core education, health care, and justice challenges.
