New Impact Offerings, Social Enterprises Are Part of the Solution, AI Prompt Tool for Investment Crowdfunding, Big Developer Opens Offering to Small Investors and Make Money with Impact Crowdfunding
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GreenStreet Global Featured Among New Impact Offerings - March 4, 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.
Expert Says Social Enterprises Are Part of the Solution to Systemic Injustice - s11 ep60
AI Episode Summary
1. Devin Thorpe introduces his guest, Jim Kucher, from the University of Maryland, Baltimore, highlighting Jim's expertise in social impact and entrepreneurship.
2. Jim describes the graduate certificate in social entrepreneurship he directs at the university, explaining that it's a 12-credit, one-year, fully online program designed for individuals with advanced degrees who need specific skills unique to social enterprise.
3. The graduate certificate covers innovation in social settings, product/service development considering community needs, and marketing strategies for different stakeholders, including constituents, funders, and product/service buyers.
4. Jim emphasizes the importance of understanding how to finance social enterprises, teaching students to blend and time various financing strategies to create sustainable ventures.
5. Devin and Jim discuss the SuperCrowdBaltimore event, where Jim's program will be formally introduced, and the benefits of social entrepreneurship in addressing issues with capitalism, such as income inequality and when profit is excessive.
6. Jim credits a colleague, Lawrence Brown, for research on racial wealth gaps in Baltimore and explains the adverse effects of historical redlining practices on black communities.
7. Acknowledging the social and economic disparities in Baltimore, Jim notes that the city presents an ideal environment for social innovation due to its educated population, quiet wealth, manageable size for building networks, and range of social problems to address.
8. Jim's superpower is identifying the practicality of good ideas, knowing which ones can realistically work, and understanding when to walk away from unfeasible ones, using his experience with the impact of 9/11 on capital markets as an example.
9. He advises aspiring entrepreneurs to do simple arithmetic, like profit and loss statements and balance sheets and cautions that pursuing entrepreneurship based solely on a passion for an art or craft might lead one away from the actual passion itself.
10. Jim provides his email (jkucher@umaryland.edu) and directs the audience to the University of Maryland, Baltimore website for more information on the social entrepreneurship program, mentioning the SuperCrowdBaltimore event and other upcoming events for interested individuals.
Introducing Our Custom Due Diligence AI Prompt Tool for Investment Crowdfunding
Last week, we introduced the AI prompts we’ve been working on to help people accelerate their regulated investment crowdfunding due diligence. We got some great feedback from users who tried using the tools, allowing us to improve the prompts.
So far, it seems that the Microsoft Copilot works best. The Google Gemini tool gives different excuses at different times but rarely seems willing to help. The Google overlords seem nervous about doing anything that could be considered investment advice. ChatGPT 4 seems similarly constrained. I hope Microsoft doesn’t lock down Copilot before we start making progress.
What I quickly discovered using the prompts myself is that the process of populating the prompts with the appropriate information is remarkably tedious. So, we’ve created a tool to populate the prompts for you. Test it here.
Once you have fully prepped and customized prompts, you can copy and paste them to the AI service you choose.
Big Developer Opens Offering to Small Investors in Old Town Alexandria Project - s11 ep61
AI Episode Summary
1. Devin Thorpe, the host, introduces Joel Miller, CEO and founder of Wall Street Capital Partners, during the "Superpowers for Good" show.
2. Wall Street Capital Partners is a development firm in the Northern Virginia area, originally branching out from its sister company, Wall Street Capital Advisors.
3. The company has a history of providing debt and equity for various commercial projects, including office, multifamily, and retail, and is now also engaged in development.
4. They are working on a unique project called Old King Henry in Alexandria, Virginia—a historic district with limited supply and affordability issues where development is challenging due to restrictions.
5. The Old King Henry project involves redeveloping surface parking into multifamily housing over retail, located conveniently near the waterfront and metro.
6. The project provides a percentage of affordable housing units, which is unusual and challenging to achieve in Old Town Alexandria but was important to the developers.
7. A mechanical parking system is utilized in the project, which allows for efficiency by reducing the need for deep underground or large above-ground parking structures. Cars are parked and retrieved by the system, reducing space requirements.
8. Part of the project includes townhomes with private balconies, and Joel emphasizes the opportunity for minority visibility in the retail spaces.
9. Joel's partner has an extensive background, having developed over 15,000 units of multifamily housing, with the Lumen in Tysons Corner being a notable example of past successful projects.
10. The capital raise for Old King Henry through the platform Small Change is highlighted, demonstrating Joel's commitment to community involvement and allowing people to invest in the project for as little as $1,000.
Chapter 1: Market Returns May Disappoint and Elude You
I’m not a financial advisor; nothing I write in Superpowers for Good should be considered investment advice. You should seek appropriate counsel before making investment decisions.
Each Friday, I’ll be sharing my new book, How to Make Money with Impact Crowdfunding, exclusively with the “Impact Members of the SuperCrowd” (our paying subscribers). You can read last week’s chapter here.
In this chapter, I’ll help you establish a benchmark against which to measure and compare impact investing’s financial returns. I’ll set an expectation I’ll use in this book and equip you to choose your own.
Upcoming SuperCrowd Event Calendar
If a location is not noted, the events below are virtual.
SuperCrowdBaltimore, March 21, 2024: This in-person event at the B&O Rail Museum features some of Baltimore’s prominent citizens and community leaders. Use the discount code “SuperCrowd” to save 30 percent!
Impact Cherub Club Meeting hosted by The Super Crowd, Inc., a public benefit corporation, on March 26, 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 the free events.
SuperCrowdHour, March 27, 2024 at 1:00 Eastern. Devin Thorpe will explain the three surprising reasons impact investors should seek to make money from impact investing.
Superpowers for Good - Kinect Capital Live Pitch, March 28 at 9 PM Eastern/6 PM Pacific: Four companies currently raising via crowdfunding will pitch their offerings live via the Superpowers for Good streaming television show on e360tv. Kinect Capital will host the pitch. Applications to pitch are open now through March 8!
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.
SuperCrowdChicago, June 12, 2024. Save the date! More information is coming soon!
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
Crowdfunding to Bankability, CAMEO/Crowdfund Better, March 12, 11AM PT
Join the Revalue Grubstake Cohort Experience–apply by March 15.
Digital Peacebuilding Expo, March 13, 12-5 PM, Washington, DC, hybrid
CfPA regulated investment crowdfunding 2024 Trends Report with Sherwood Neiss - March 13, 2:00 PM ET
Investment Crowdfunding Demystified, Crowdfund Better, April 23 at 2:00 PM ET
Move Your Money Month, April 2024, American Independent Business Alliance
If you would like to submit an event for us to share with the 4,000+ members of the SuperCrowd, click here.