Companies of the future will naturally focus on the environment and impact to be able to make a business for hundreds of years, said Alex Felman from Felman Family Office.Learn more about family offices and what makes the investment firms of family wealth different from venture capitalist investors from the episode recorded on the sidelines of the TechChill conference in Riga.In the NatureBacked podcast of Single.Earth, we are talking with investors about the vision of the new green world.**A few key takeaways from Alex Felman:**I believe that most companies moving forward will have to be very impact- or environmentally-oriented with how they do business. **For example, we tend to invest to exit. And, I mean, that could be five years, it can be 15 years, it could be 20 years.Generally speaking, you probably want to have an investor who, once they're on the ride, is there until the ride runs out. It's probably an investor you want. **Looking at more environmental sustainability issues, we are actually looking at problems of these longer timeframes that may not fit into a more standard kind of VC timeframe. **If you're only trying to optimize for financial gain, it puts a very narrow perspective on your investment space. But suppose you're maximizing for other things or multiple things. In that case, it gives you much more flexibility to consider investment opportunities that you wouldn't consider otherwise. **Follow NatureBacked across platforms:Apple Podcasts | Spotify | Google PodcastsTwitter | Instagram