New Impact Offerings, Investment Bank Serves Small Businesses, Stronger Communities with Investment Crowdfunding, Author to Founders and Investing and Fundraising with Devin Thorpe
MF Fire Featured Among New Impact Offerings - December 18, 2023
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.
This Investment Bank Serves Small Businesses Led By Women, Minorities and Veterans - s11 ep38
AI Episode Summary
1. Devin Thorpe hosts the Superpowers for Good Show and introduces John Panaccione, CEO and founder of Folla Capital, emphasizing John's dedication to supporting the veteran community.
2. John's firm, Folla Capital, is an SEC-registered broker-dealer investment banking firm that helps small businesses and entrepreneurs develop capital strategies and facilitates capital raising, particularly focusing on minorities, women, and veterans.
3. John expresses his dislike for the term "crowdfunding," preferring to describe the capital raising process as using internet technology to leverage various SEC exemptions to fund businesses.
4. Folla Capital has successfully completed several capital raises using different SEC regulations, including Regulation D for accredited investors and Regulation CF (crowdfunding) for general public investment.
5. John highlights an innovative debt offering through Folla Capital that enables Rally Point Grill, owned by prior-service Marines, to raise capital as if they are the bank for their franchises, allowing both investors and franchisees to benefit from the capital raised.
6. Devin discusses the importance of investment crowdfunding in filling funding gaps that banks can't, highlighting the diversity of crowdfunding's role in different stages of companies' growth.
7. John believes in the value of debt offerings as opposed to equity for small businesses, as it allows investors to potentially see returns without waiting for a company sale.
8. An example of a complex convertible bond offering is mentioned, starting at $10 million for funding a manufacturing facility in western Virginia, with an intention to roll into a $40 million Regulation A offering down the line.
9. John credits his military background with the paratroopers as a source of his 'superpower,' which he sees as the never-quit attitude and a strong focus on teamwork honed by his experiences that lead towards finding solutions during tough times.
10. John emphasizes the significance of building a strong team of advisors and mentors, especially in entrepreneurship, to foster resilience and suggests that those new to business should not go it alone and instead learn from experienced individuals.
Building Stronger Communities with Investment Crowdfunding
On Wednesday at 1:00 Eastern/10:00 Pacific, Dorian Dickinson, CEO and Founder of FundingHope, will join us for the monthly SuperCrowdHour webinar to present “Building Stronger Communities with Investment Crowdfunding.” Register here or watch live (or recorded) in the YouTube player above.
Author to Founders: ‘There Are Funding Options That Do Not Require You to Sell Your Soul’ - s11 ep39
AI Episode Summary
The podcast features Aunnie Patton Power, an author, Oxford professor, and expert on impact investing.
Aunnie's book, Adventure Finance, focuses on creating funding journeys that blend profit and purpose, exploring alternative funding options beyond traditional avenues.
The book addresses founders and funders interested in mission-driven funding and offers various options for them.
Aunnie highlights the importance of understanding oneself and the organization when embarking on a funding journey.
One key message from the book is that there are funding options beyond traditional routes, allowing organizations to align with their values and mission without compromising.
The conversation shifts to impact investing and the need for investors to create toolkits, including various funding options tailored to specific challenges like supporting female entrepreneurs.
Aunnie emphasizes the importance of impact-linked incentives in funds, urging investors to design strategies that align with their mission and goals.
The discussion delves into due diligence and portfolio construction, stressing the need for thoughtful scrutiny and diversification to achieve better-than-venture returns with lower risk.
Aunnie shares insights into her superpowers, including her ability to convene and facilitate discussions, as well as her fearlessness in pursuing innovative and radical ideas in the field of impact investing.
Aunnie discusses a recent accomplishment, challenging the impact investing industry to adopt impact-linked compensation, and shares ongoing research on the subject, aiming to change the conversation and make impact-linked compensation more prevalent in the field.
Crowdfunding: Investing and Fundraising with Devin Thorpe
Consider the story of a tech startup that raised $2 million through investment crowdfunding, turning its innovative concept into a marketable product. It's a testament to the power of community funding in driving entrepreneurial success. Investment crowdfunding is reshaping how startups and investors interact. A recent study reveals that the global crowdfunding market will grow by $124.35 billion between 2020 and 2025. Joining us is Devin Thorpe, an expert on investment crowdfunding.