New Impact Offerings, Harnessing Ecosystem Innovation for Impact, Unlock the Future of Crowdfunding, Crowdfunding Is Digital Evolution of Investing, Chapter 5: Make Money with Impact Crowdfunding
New Impact Offerings, Harnessing Ecosystem Innovation for Impact, Unlock the Future of Crowdfunding, Crowdfunding Is Digital Evolution of Investing, Chapter 5: Make Money with Impact Crowdfunding
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Cadence OTC and VitaBowl Featured Among New Impact Offerings - April 1, 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.
Harnessing Ecosystem Innovation for Impact: Insights from 'Do Bigger Things'
AI Episode Summary
1. Devin Thorpe introduces his guests, Jennifer Wild and Dan McClure, authors of Do Bigger Things, on his show "Superpowers for Good."
2. Jennifer explains that the book they co-authored focuses on solving complex problems by helping those who tackle significant issues such as homelessness, gender-based violence, and climate change by providing innovative tools and practices.
3. Dan highlights the importance of innovating ecosystems instead of individual elements by considering the interconnectedness of people, organizations, governments, and technology when addressing complex issues.
4. Jennifer shares her background in humanitarian emergencies, discussing her experiences with scaling up services in crisis situations and determining what specific help can make an impactful difference in people's lives.
5. Dan shares his personal journey from being an engineer to finding his niche in reimagining and innovating in deregulated environments, enjoying the challenge of creating change where constraints have been removed.
6. Jennifer gives an example from the book where she worked on connecting Syrian refugees with opportunities for higher education, illustrating the complex ecosystem needed to transform lives even with existing resources.
7. Dan provides his own example of ecosystem thinking applied on a different scale, showing how even a local bakery owner can utilize the concept to innovate and improve their business.
8. When asked about their superpowers, Dan identifies his ability to view the big picture and see how systems fit together, while Jennifer states hers is her drive to address inequality and run through metaphorical walls.
9. Jennifer highlights her current project, an AI assistant for busy parents, explaining her motivation to create tools that address inequalities in parenting burdens and how focusing on what she deeply cares about helps guide her through the chaos of tech innovation.
10. Jennifer and Dan conclude by inviting viewers to engage with them through various platforms such as LinkedIn, Innovation Ecosystem, and Jennifer's website and express their eagerness to support others in doing bigger things.
Unlock the Future of Crowdfunding at SuperCrowd24!
What’s at SuperCrowd24 for Founders, Entrepreneurs and Small Business Leaders?
Join us at SuperCrowd24, the premier virtual conference for social entrepreneurs and diverse founders looking to supercharge their journey. Over two transformative days, you'll gain unparalleled insights from industry titans like Chris Miller, Michael Shuman, and Jackie Logan.
Why SuperCrowd24?
World-Class Speakers: Learn from the best in the business, including the Chairs of both the National Coalition for Community Capital and the Crowdfunding Professional Association, the Publisher of the Main Street Journal, and the CEO of Raise Green. See the detailed agenda here.
The Future of Investing: Crowdfunding Is the Digital Evolution of Investing
AI Episode Summary
1. Devin introduces the Superpowers for Good show, emphasizing that listeners can learn how to make impactful changes by drawing lessons from successful changemakers.
2. Chris Lustrino, CEO of KingsCrowd, describes his company as a data and ratings platform for startup investors, consolidating investment opportunities from over 80 platforms into a single, efficient system, much like Bloomberg or Morning Star for the startup investment world.
3. Devin discusses the future growth of the crowdfunding space, predicting a significant increase in market size driven by ordinary investors participating in Regulation Crowdfunding (Reg CF) and Regulation A (Reg A) offerings.
4. Chris concurs, envisaging the digitization of private market investments, such as startups and real estate, and the movement away from traditional, offline transactions.
5. KingsCrowd is currently crowdfunding on Wefunder to scale revenue channels and invest in product development and AI, with a focus on achieving sustainability and reducing reliance on outside capital.
6. Chris introduces KingsCrowd Capital, an investment fund product similar to an ETF that allows passive investment in a diversified private market portfolio, with potential for AI-driven fund decisions in the future.
7. The importance of high-quality data to power AI investment tools is highlighted, with Chris suggesting that data-rich companies will be key to enabling AI efficacy in investment decision-making.
8. Devin and Chris discuss the role of AI in due diligence and the challenges that can arise from the accuracy of data, demonstrating the need for reliable, curated data sources.
9. Chris attributes his superpower to resiliency; the ability to persist in the face of challenges and setbacks, evidenced by his ability to pivot and secure funds for KingsCrowd amid a significant deal falling through.
10. Chris leaves viewers with contact information and an open invitation to reach out for discussions, expressing eagerness to engage with both supporters and skeptics of his company’s mission.
Chapter 5: Why You Should Make Money with Impact Crowdfunding
If you’re like most of us, you’re not confused about why it is essential to make money. Everything from groceries to retirement requires it. Still, there are some less apparent reasons why making money with your impact crowdfunding is vital.
In 2019, I had the opportunity to meet Bill Gates and interview him in person. Later that year, I visited with him again briefly by phone. As you may have guessed, I rarely miss an opportunity to mention this.
For many years, Forbes listed Bill Gates as the wealthiest person on the planet. Today, Forbes lists him as number six, right behind Mark Zuckerberg and just ahead of Bill’s friend Warren Buffett.
Bill has called on other billionaires to join him in taking a pledge to give away at least half of their wealth before they die. He recognizes that it means relatively little to leave their wealth to charity upon death but keep it to live lavishly until then. In 2022, he shared his plans on what was then called Twitter: “I plan to give virtually all of my wealth to the foundation.”
Don't Miss SuperCrowd: April 17-18
This post was originally posted on The Main Street Journal.
Each year, the whole local investment family gets together, and like Thanksgiving dinner, you don’t want to miss it. That’s why we interviewed Devin Thorpe for this issue, the organizer of the SuperCrowd24 Conference, which takes place virtually in two weeks. Devin has one of the biggest, most informed viewpoints on the community capital movement, and I hope you enjoy our conversation.
And you’ll also find our latest listings of local investments below. If you think others might find this information useful, please forward this issue to your network.
~ Michael Shuman, Publisher
Devin Thorpe is the Leonard Bernstein of the crowdfunding movement who orchestrates every dimension of it. Based in California, Thorpe has pumped out webinars, blogs, study groups, books, and conferences on the subject. Coming up on April 17-18, he will host his virtual SuperCrowd24 conference with an amazing roster of experts on local investment topics. We asked Devin about his work and his vision for the movement’s future.
Save 50% on SuperCrowd24 tickets with code "NC3Member"
Crowdfunding For Social Impact with Devin Thorpe, CEO and Champion of Social Good, Super Crowd Inc.
This episode was originally posted here.
In this fascinating episode, we dive deep into the world of social impact crowdfunding with Devin Thorpe, the CEO and Champion of Social Good at Super Crowd Inc. Devin, an acclaimed author, speaker, and a beacon of hope for entrepreneurs and investors alike, shares valuable insights into leveraging crowdfunding for meaningful social change.
Highlights from our conversation include:
Devin's Journey: Learn about Devin's transition from finance to focusing on making a meaningful difference through social impact. His story is a testament to the power of leveraging financial expertise for the greater good.
Understanding Crowdfunding: Devin demystifies regulated crowdfunding, explaining how it differs from traditional crowdfunding platforms like Kickstarter or Indiegogo. This segment is crucial for anyone looking to navigate the complexities of investment in social ventures.
Inclusivity in Finance: Discover how crowdfunding is creating new opportunities for women, diverse founders, and other entrepreneurs who have historically faced barriers in accessing capital.
Impact Investing Made Accessible: Devin discusses how platforms like SMBx make it possible for virtually anyone to start investing in small businesses with as little as $10, emphasizing the democratization of impact investing.
Strategic Advice for Social Entrepreneurs: From navigating legal landscapes to employing AI tools such as ChatGPT for business planning, Devin offers actionable advice for entrepreneurs looking to harness the power of crowdfunding.
The Future of Crowdfunding: Hear Devin's vision for the future, where social impact crowdfunding becomes a normalized and integral part of our financial ecosystem, driving widespread social change.
Upcoming SuperCrowd Event Calendar
If a location is not noted, the events below are virtual.
SuperCrowd24, April 17-18: This two-day virtual event is our biggest of the year. Don’t miss it. Use the discount code “SuperCrowd” to save 50 percent.
Impact Cherub Club Meeting hosted by The Super Crowd, Inc., a public benefit corporation, on April 23, 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. Everyone is welcome to join these free events.
SuperCrowdChicago, June 12, 2024. This in-person event at the B&O Rail Museum features some of Chicago’s prominent citizens and community leaders, along with crowdfunding experts. Use the discount code “SuperCrowd” to save 30 percent!
SuperCrowdHour, April 24, 2024, at 1:00 Eastern. We’ll talk with Chip Hauss and other peacebuilders about the role of investment crowdfunding in community building.
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
Incredible New Developments in the Move Your Money Movement, AMIBA, April 11.
Investment Crowdfunding Demystified, Crowdfund Better, April 23 at 2:00 PM ET
Move Your Money Month, April 2024, American Independent Business Alliance
Crowdfunding Professional Association Webinar, May 8, 2:00 PM ET
If you would like to submit an event for us to share with the 4,000+ members of the SuperCrowd, click here.
