Jan 10, 2019 • 22M

Two Social Entrepreneurs Built Equity Crowdfunding Site For Triple Bottom-Line Businesses Like Yours - #1048

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Some of the world's great changemakers join host Devin Thorpe to share leadership lessons you can use to increase your impact.
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Never miss another interview! Join Devin here: http://bit.ly/joindevin. Read the full Forbes article and watch the interview here: http://bit.ly/2FkG0of. Michelle Thimesch, 55, CEO of Crowdfund Mainstreet and her business partner Jenny Kassan, both attorneys, have a track record of social entrepreneurship themselves. They are passionate about reducing the funding disparities between male and female-led companies and between white and minority-led companies in America. So, when Thimesch invited Kassan to join her in launching Crowdfund Mainstreet, a Regulation Crowdfunding platform governed by FINRA, it was an easy decision. Their mission is to help triple-bottom-line companies and small businesses, especially female-led and minority-led ones, to raise the money they need to be successful. Kassan, for her part, has a long history of working with female entrepreneurs to raise money from nontraditional sources, using whatever exemption from registration made the most sense. Sometimes she helped entrepreneurs raise money under infrequently used exemptions like Regulation D 504, allowing issuers to raise money state-by-state from ordinary investors. Regulation Crowdfunding or Reg CF at it is commonly known, was implemented in 2016 after being written into law in 2012 during the middle of the Obama administration. Thimesch, alongside her law practice, has been working as the executive director of East Bay Revitalization, an organization working to improve access to affordable housing and reducing unemployment. Read the full Forbes article and watch the interview here: http://bit.ly/2FkG0of. Be a hero! Join the elite group of supporters who ensure that stories like this can continue to be shared! Visit heroes4good.org to become a hero now.