New Impact Offerings, Empowering Communities Through Hyperlocal Journalism, Superpowers for Good Chat Forum, and Kt McBratney on Diversity, Inclusion, and Purpose
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Make: Featured Among New Impact Offerings - May 27, 2024
Each week, Superpowers for Good shares a list of new impact-related offerings added to FINRA-Registered crowdfunding portals and by broker-dealers. We’ll share four separate lists:
Impact offerings as determined by KingsCrowd reviews.
Offerings with minority founders.
Deals with women founders.
Those with LGBTQ founders.
Empowering Communities Through Hyperlocal Journalism: A Conversation with IMBY's Co-Founders
AI Episode Summary
1. Devin introduces IMBY, a platform for hyperlocal journalism developed by Enid Futterman and John Isaacs.
2. Enid describes IMBY as a network of websites for citizen journalism, allowing communities to create their own digital newspapers.
3. John shares the history and motivation behind IMBY, stemming from their experience with a local quarterly magazine in Columbia County, New York.
4. IMBY aims to address the decline of local newspapers by empowering citizens to become content creators, thereby preserving local journalism.
5. Enid emphasizes that anyone can post various types of content on IMBY, including news stories, opinion pieces, and event announcements, fortifying community advocacy.
6. John highlights that the decline in local journalism affects democracy, making platforms like IMBY crucial for maintaining local dialogues and informed communities.
7. Devin speaks about the cultural shift towards conglomerates owning local papers and how IMBY counters this by providing a decentralized model for local journalism.
8. Enid explains that IMBY is currently funded through local advertising and is exploring additional revenue streams such as subscriptions and merchandising.
9. John and Enid discuss their successful crowdfunding campaign on Honeycomb Credit, which aligns with IMBY's focus on crowdsourcing local news.
10. The show ends with Enid and John discussing their "superpowers" of love and self-awareness, emphasizing the importance of passion and self-reflection in achieving personal and professional fulfillment.
Join the New Superpowers for Good Chat Forum
Big News!
Today, we’re announcing an addition to Superpowers for Good: a chat forum where you can share questions to learn more about impact investing via regulated investment crowdfunding—impact crowdfunding. You can also share your insights and lessons learned.
This is a conversation space exclusively for readers. This chat forum provides a place where you can both seek and share wisdom. Sometimes, we’ll post questions and answers to start a discussion. We hope you’ll join in, sharing your experiences and expertise.
We’ve already created six different threads with a variety of topics around impact crowdfunding. You may want to learn from the discussion on one thread while you have valuable insights to share on another.
Building a Better Future: Kt McBratney on Diversity, Inclusion, and Purpose
AI Episode Summary
1. Kt McBratney shared her unconventional career path leading to her role at Renew Venture Capital, highlighting her background in journalism, nonprofits, and early-stage startups.
2. At Renew VC, the focus is on social impact investments and supporting diverse founders, including women and minorities, which aligns with Kt's personal values and experiences.
3. Kt emphasized the importance of integrating profit with purpose, challenging traditional models by aiming to create scalable, sustainable businesses led by historically excluded founders.
4. Kt and her team believe in backing diverse founders, presenting data that shows such startups often outperform those led by their white male counterparts.
5. Kt noted the democratization of VC access by eliminating the need for warm introductions, allowing anyone to pitch through a straightforward online form.
6. The conversation highlighted "Purpose Rounds," which democratize investment opportunities by allowing non-accredited investors to participate alongside accredited ones.
7. Kt pointed out the benefits of having a capital mix for businesses, emphasizing that venture capital is one of many funding options available to different kinds of ventures.
8. She underscored the importance of curiosity as a superpower in her career, using it to ask questions, connect with people, and solve problems innovatively.
9. Kt shared practical advice for harnessing curiosity, such as reading diverse materials and taking time away from screens to allow the brain to process information creatively.
10. Kt invited listeners to connect with Renew Venture Capital and herself via their website and LinkedIn, encouraging engagement and dialogue within the community.
Upcoming SuperCrowd Event Calendar
If a location is not noted, the events below are virtual.
SuperCrowdChicago, June 12, 2024. This in-person event at Columbia College Chicago features some of Chicago’s prominent citizens and community leaders, along with crowdfunding experts. Use the discount code “SuperCrowd” to save 30 percent!
Impact Cherub Club Meeting hosted by The Super Crowd, Inc., a public benefit corporation, on June 18, 2024, at 1:00 PM Eastern. Each month, the Club meets to review new offerings for investment consideration and to conduct due diligence on previously screened deals. To join the Impact Cherub Club, you must first become an Impact Member of the SuperCrowd.
SuperCrowdHour, June 19, 2024, at 1:00 Eastern. Each month, we host a value-laden webinar for aspiring impact investors or social entrepreneurs. At this month’s webinar, Angela Barbash of Revalue will share insights about moving money from Wall Street to Main Street. Register here.
Recently, we created an AI GPT to help you learn more about The Super Crowd, Inc., a public benefit corporation, and our upcoming events. Click here to try it.
SuperCrowd Community Event Calendar
Successful Funding with Karl Dakin, Tuesdays at 10:00 AM ET - Click on Events
The Reg A & Crowdfunding Conference, June 20, Westchester Country Club (Save 20% with the code Super20)
How Small Businesses Can Raise Capital from the Crowd, Thursday, July 11, 1 – 2 pm ET: Explore transforming your community connections into capital to start or grow a small business through regulated investment crowdfunding. Learn more about how this type of crowdfunding works and the benefits and challenges of raising capital from the crowd. About our Presenter: Author and journalist Devin Thorpe has over 25 years in finance and a rich background as a former CFO and investment banking firm founder. He’s also a champion for social good, publishing his Superpowers for Good newsletter and show.
Crowdfunding Professional Association, Summit in DC, October 22-23
Asheville Neighborhood Economics, November 12-13.
If you would like to submit an event for us to share with the 4,000+ members of the SuperCrowd, click here.