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You Can Shop to Support Social Entrepreneurs
Here at Superpowers for Good, we love to talk about impact crowdfunding—the investments we make to support social entrepreneurs, diverse founders and community builders. Today, we’re going to highlight some of the companies that have successfully raised via crowdfunding and that are selling their products on Amazon—giving you another way to support impact!
Show Her the Money!
Filmmaker Catherine Gray’s New Documentary Highlights the Challenges for Women in the Venture Capital Arena and the Women Working to Fund Female Founders
Filmmaker Catherine Gray joined me for a conversation about the challenges women face in raising venture capital and the documentary she made to accelerate solutions.
The problem begins with awareness; she says, “Most people I have come to find not only are shocked that we get only 2 percent of venture capital, but most people don't even know what venture capital is.”
Baltimore Rises As a Tech Hub Focused on ‘Equi-Tech’ - s11 ep46
Philanthropist Russell Fugett Launches Equity Endowment to Both Make Grants and Invest in Diverse Founders and Communities Like Baltimore
Russell Fugett, a prominent Baltimorean, joined me to discuss his work supporting diverse founders, especially in his hometown. He alerted me to some news I’d missed: the White House recently named Baltimore one of 31 regional tech hubs around the country.
Russell brings his Equity Endowment to that table. He’s building a nonprofit foundation that is raising capital in a university-like endowment. The fund will invest the capital in diverse fund managers investing in diverse founders and communities like Baltimore. The Equity Endowment will then make grants to programmatic nonprofits that support diverse founders. Thus, the plan is to have two significant and parallel paths to impact for the same communities.
SuperCrowdHour January 2024
Join us on Jan 17 for the January #SuperCrowdHour. Learn the art of professional investing and perfect your pitch for impact investors. Hosted by Devin Thorpe with special guests Fiona Budd, Justin Renfro, Jackie Logan, Karl Dakin, and Bill Huston.
Don't miss out on this opportunity to enhance your investment knowledge and connect with industry experts.
Register now at https://thesupercrowd.com/17jan24
Earn a $100 reward when you register for and attend ten SuperCrowdHour webinars.
How to Make Money with Impact Crowdfunding
This post is originally posted here by Devin Thorpe
Your Guide to Profitable Investing in Support of Diverse Founders, Social Entrepreneurs and Community Builders
https://www.youtube.com/watch?v=GF33uPcoGEs
AI Summary
1. The host, Devin Thorpe, introduces his show "Superpowers for Good," where he provides education on making money with impact crowdfunding, investing for positive change, and matching market returns.
2. Devin emphasizes the importance of making money while having an impact, explaining that financial returns allow for continued investment and greater impact over time.
3. He provides an overview of the stock and bond markets, mentioning the average returns (10% for stocks and 6% for bonds) and the risks involved, including significant losses during downturns.
4. Devin delves into the concept of impact investing and how it can address issues such as climate change, global health, and poverty through investments in companies working in those areas.
5. The episode covers the regulated nature of impact crowdfunding, which is overseen by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), and the growth of this form of investing.
6. Thorpe mentions the Impact Cherub Club, a group he is involved with that focuses on investment crowdfunding for social good, encouraging listeners to join and invest collaboratively.
7. Six common investment types in impact crowdfunding are discussed: term loans, revenue-based financing, convertible notes, simple agreements for future equity (SAFEs), preferred stock, and common stock.
8. Three specific investment strategies are outlined: yield (focusing on interest and dividends), venture capital (seeking appreciation of investment), and hybrid (a mix of yield and venture capital approaches).
9. The importance of due diligence is highlighted as the critical difference maker in investment outcomes, with Devin providing five keys: understanding risks, assessing impact, evaluating the management team, considering deal terms, and looking at business prospects.
10. Finally, Devin explains how individuals can start small by investing as little as $10 in impact crowdfunding deals, specifically mentioning the platform "SMBX" as a place where small initial investments are possible.