Devin's Impact Pick of the Week for Impact Members Only

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I’m not a financial advisor; Superpowers for Good should not be considered investment advice. Seek counsel before making investment decisions.

My Pick of the Week: Renegade Running

Every Friday, I pick an investment opportunity from the list of offerings that my colleague Chandan prepares and publishes on Monday. I’ll look for both social impact and investment profit potential.

This week’s pick is Renegade Running, sporting goods retailer with one location in Oakland, California, expanding to Los Angeles with the proceeds. The company, owned by self-identified BIPOC founder, is raising capital on SMBX.

Here’s what I like most about this offering:

• Social Impact: Renegade Running celebrates and cultivates diversity in the running community, serving the majority of runners who are not middle-aged white dudes (like me). By encouraging a health and wellness activity—running, the company has a positive impact. Furthermore, investing in a business located in Oakland, a community with demonstrate…