Petr Vítek: 'A lot of impact investing is bullshit'
31 May 2026
19:52
Petr Vítek has seen roughly 1,000 deals a year at Tilia Impact Ventures. By his own estimate, around 70% of the companies claiming to be impactful simply aren't.
"Some of it is bullshit because there is no depth in it," he tells Impact Loop. "The marketing has gone ahead of the trade."
"Some of it is bullshit because there is no depth in it," he tells Impact Loop. "The marketing has gone ahead of the trade."
Petr Vítek, founding partner of Tilia Impact Ventures, a Prague-based early-stage impact fund, has built a reputation for saying plainly what others hedge around.
His LinkedIn posts on impact washing, social media addiction, and the failures of ESG labelling have attracted attention well beyond the CEE ecosystem he calls home.